Local News

Local News

Local News

Local News

Local News
Local News

Local News

Wood industry facing losses due to COVID-19

Wood industry facing losses due to COVID-19

The wood industry was facing a ‘disaster’ with many businesses left without orders from now until 2021 due to the COVID-19 pandemic, said the Vietnam Timber and Forest Product Association (VTFPA).

Deals signed to promote wood processing sector’s digital transformation

Deals signed to promote wood processing sector’s digital transformation

The Handicraft and Wood Industry Association of HCM City (HAWA), the Binh Duong Furniture Association (BIFA) and the Handicraft and Wood Industry Association of Dong Nai (DOWA) on March 5 signed co-operation agreements with FPT Corporation on promoting digital transformation to help wood processing enterprises optimise operations, save costs and improve competitiveness.

Enterprises take opportunities from Corona epidemic

Enterprises take opportunities from Corona epidemic

In addition to losses and concerns about the decline in exports of agricultural, forestry and fishery products due to the impact of the acute respiratory infection caused by the new corona virus, forestry and fishery enterprises can take opportunities to boost exports and increase competition for some commodities in a difficult situation.

Vietnam wooden furniture manufacturers worried, despite more orders.

Vietnam wooden furniture manufacturers worried, despite more orders.

Vietnamese wooden furniture manufacturers face a shortage of workers, modern technology and money to upgrade technology.

VN must improve quality of labour force for EVFTA

VN must improve quality of labour force for EVFTA

The EU-Vietnam Free Trade Agreement (EVFTA) offers many opportunities to Vietnamese workers and just as many challenges. The country’s labour force must find ways to improve its quality in order to produce products that adhere to stricter standards in European markets, said policymakers and labour experts at a conference in Hà Nội on Tuesday.

Restructuring wood processing sector: an urgent mission

Restructuring wood processing sector: an urgent mission

Vietnamese wood processing companies need to rethink their production models and upgrade technology lines to increase their competitive capacity in face of the upcoming challenges.

Rising labor costs erode Vietnam’s appeal to foreign investors

Rising labor costs erode Vietnam’s appeal to foreign investors

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

Viet Nam aims to become furniture hub

Viet Nam aims to become furniture hub

Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Việt Nam to become a global furniture hub, a conference heard in HCM City yesterday.

Vietnam’s wood exports to U.S. at risk due to trade tensions

Vietnam’s wood exports to U.S. at risk due to trade tensions

Vietnam’s wood and wooden product exports to the United States may be subject to higher import duties due to a surge in export revenues and China’s foreign direct investment in the local industry, experts said at a recent seminar in Hanoi.

China’s Businessmen Share Woes Of Finding Vietnamese Workers

China’s Businessmen Share Woes Of Finding Vietnamese Workers

Business owners operating in Vietnam have started sharing the difficulties of finding Vietnamese workers who understand and speak Chinese. Increased labor pay is also another stumbling block that they have yet to overcome.

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