Vietnam booth makes Milan Design Week debut
Italy’s Milan Design Week has featured a Vietnam Pavilion for the very first time, presenting unique wooden furniture and handicraft products from 35 Vietnamese businesses.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s FIE association, UK delegation discuss sustainable green growth
The Vietnam's Association of Foreign Invested Enterprises (VAFIE) and a delegation of the Forest Governance, Markets and Climate (FGMC) program under the British government have been discussing sustainable and green growth in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam wood processors await market recovery
Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs, and slow tax refunds, and many of them have scaled back operations as they wait for the market to recover.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Japan firms urge greater Binh Dinh province support for wood pellet exports
Vietnam’s Nhon Tan Holdings and Japan’s Marubeni Lumber have called on the central province of Binh Dinh to support them in exporting wooden pellets to Japan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan-invested firm inaugurates wood pellet factory in central Vietnam
Idemitsu Green Energy Vietnam, a business invested by Japan’s Idemitsu Kosan, inaugurated a wood pellet factory in the south-central province of Binh Dinh on Friday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fewer wood pellet exporters as Japan, South Korea cut imports
The number of wood pellet exporters in Vietnam fell from 152 in 2022 to 119 in May 2023 as exports to major markets Japan and South Korea reduced significantly.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Itochu plans to plant forest, export wood pellets from central Vietnam
Itochu Corporation, a Japanese multi-sector business, is looking to plant a timber forest and build a wood pellet factory in Vietnam’s central province of Binh Dinh, aiming to export one million units a year.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dutch firm vidaXL seeks to invest $50 mln in Vietnam wood factory
Netherlands-based furniture manufacturer vidaXL plans to invest $50 million in building a wood processing complex in the central province of Quang Tri.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s wood pellet exports peak in 2022, to cool in 2023
Vietnam’s export of wood pellets peaked in 2022 and is likely to experience little expansion in 2023, according to the Vietnam Timber and Forest Product Association (Viforest).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s plywood export to recover in Q2: association
Vietnam’s plywood export hit the bottom at the end of Q3/2022 and is expected to recover in Q2 this year, according to the Vietnam Timber and Forest Product Association (Vifores).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-South Korea wood firm to make $125 mln factory expansion
VRG Dongwha MDF, a wood joint venture between South Korea's Dongwha International and state-run Vietnam Rubber Group, plans to invest VND3,000 billion ($125.6 million) in expanding its third production line in the southern province of Binh Phuoc.
Industries - 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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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB