Vietnam's wood industry enjoys export surge, sustainability 'uncertain'
Vietnam's exports of wood and wood products reached $2.4 billion in Jan-Feb 2024, up 43.8% year-on-year. But the growth in orders is not enough for many businesses to run at full capacity as happened in 2019-2021; and whether the two-month surge can be sustained through the year remains uncertain, said Nguyen Chanh Phuong, vice chairman of the Handicraft and Wood Industry Association of HCMC (HAWA).
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
One third of surveyed firms expect better business results in 2022
About 31.5% of businesses in the processing, manufacturing and construction sectors in Vietnam expected a better business situation in the first quarter of 2023, while 31.2% expected worse results, according to a General Statistics Office survey.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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