Vietnam's wood industry enjoys export surge, sustainability 'uncertain'

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

Vietnam wood exports face uphill battle

Vietnam wood exports face uphill battle

Vietnam's export turnover of wood and wooden products reached an estimated $10.8 billion in the first 10 months of the year, down 19.9% year-on-year, according to the Ministry of Industry and Trade.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Wood exports to the U.S. warming up: association

Wood exports to the U.S. warming up: association

Wood exports to the U.S. are warming up, although turnover to the market in the last few months was down compared to the same period last year, said Nguyen Chanh Phuong, vice chairman of the Handicraft and Wood Industry Association of HCMC (HAWA).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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