VN classified as low risk under EU anti-deforestation regulation
Việt Nam has been officially classified as a “low-risk” country under the European Union’s new Anti-Deforestation Regulation (EUDR), according to a recent announcement by the European Commission (EC) in Brussels.
Manufacturing sector struggles on weak demand in February
Vietnam’s manufacturing sector remained sluggish in February as weak demand led to declines in new orders and production, according to a survey released on Monday.
EU regulation on timber origin poses challenge to Vietnamese exporters
While warning that Vietnam will face more challenges when the EU new regulation on timber origin takes effect, experts believe that if the requirements can be met, Vietnam will have long-term opportunities in the market.
Wood exports likely to top 16 billion USD this year
The wood sector expects to earn 15.5-16 billion USD from exports this year, given a nearly 21% growth rate to 13.18 billion USD in the first 10 months.
Vietnam strengthens control over wood imports
Vietnam has tightened regulations on wood imports to align with international commitments on sustainable forest management and enhance the global competitiveness of its wood products, reported the local media.
Vietnam exports recovering, but bottlenecks remain
According to data from the Vietnam’s Ministry of Agriculture and Rural Development, Department of Forestry, in the first two months of 2024, the export value of wood and forest products is estimated to have reached US$2.68bn, an increase of 47% over the same period last year.
International sourcing event to foster Việt Nam’s integration into global production, supply chains
Vietnam International Sourcing 2024, a series of events meant to help Vietnamese firms deeper penetrate into global production and supply chains, will be held in HCM City from June 6 to 8, according to the Ministry of Industry and Trade.
HawaExpo hopes to help wood processing industry regain growth momentum
The Ho Chi Minh Export Furniture Fair that opened in HCM City on February 22 seeks to promote Việt Nam wood processing industry and help businesses get new customers.
2024 remains challenging for wood sector: experts
Along with the EU, many other markets have also set new and strict policies, causing many difficulties for wood export activities.