Timber industry asked to beat $11 billion in export
The agriculture sector needed strategies to push wood export value beyond US$11 billion this year and to develop a production chain and value-added export products.
Vietnam faces high risk of Chinese products bearing made-in-Vietnam labels
Vietnam may face United States tariffs on its products if Chinese goods shipments are allowed to enter the country to disguise their origin due to the ongoing U.S.-China trade conflict, economic experts warned at a seminar today, October 24.
Vietnam expected to become second largest furniture exporter
Wood industry players in Vietnam are expected to make leaps and bounds to help make Vietnam become the world’s second largest interior furniture exporter, after China, within the next 7-8 years, given that the European Union-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), are to come into effect next year, offering them ample opportunities.
Wooden furniture manufacturers thrive thanks to CPTPP
Though the CPTPP has yet to take effect, the number of orders from CPTPP countries, including Canada, Japan, New Zealand, Australia and Peru, has increased significantly.
Wood industry: Sustainable development
Despite the constantly strong growth posted by the wood industry over the past few years, wood enterprises are aiming for a higher target: sustainable development, environmental protection and greater export turnover through higher added value.
The wooden industry is confident with a target of US$ 9 billion
The Vietnam wooden processing industry is facing great opportunities in terms of the trend and market as well as the potential production of the domestic enterprises. Unless grasping promptly, Vietnam will lose the market to other countries in the region.
Economic cooperation, a highlight in Viet Nam-Austria relations
Viet Nam and Austria have enjoyed fine developments in all fields, especially economic cooperation.
Furniture industry takes up original designs
The furniture industry aims to achieve sales of US$20 billion by 2025 and move from doing mainly sub-contract work to original design.
Vietnam sets ambitious $20 billion wood export target for 2025
Vietnam sees wood and wood works as a spearhead industry, earning export revenues of $18-20 billion by 2025.
Wooden furniture manufacturers conquer luxury segment.
After reaching $8 billion worth of export turnover, Vietnam’s wooden furniture manufacturing enterprises are now entering the high-end market segment.