Increased US imports propels Vietnam wood industry growth
Export of wood and wood products reached $3.5 billion in the first three months of 2024, dominated by the U.S. with $1.9 billion, up more than 36.4% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's wood industry: key export staple and recommendations for future growth
Despite suffering a revenue dip from $16 billion in 2022 to $14.5 billion in 2023, Vietnam's wood industry still outperformed leading export products like seafood ($9.2 billion), steel ($8.3 billion), and coffee ($4.2 billion), but there remains room for improvement, write RMIT experts.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Positive signals for Vietnam wood exports to US
Exports of wood and wooden products to the U.S. market gradually recovered in September, reaching $617 million, an increase of 7.5% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Wood processing firms struggle amid global uncertainties
Although orders have arrived, Vietnamese wood companies are under great pressure in terms of supply chains, raw material supply, production costs, and logistics.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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