News

Established on March 15th 1989, grown from an old terminal on the Saigon River with 4 berths, 1.2 kilometer – long quayside and battered warehouses, after 35 years of constant renovation, Saigon Newport Corporation (SNP) is affirming its leading spot in port operations in Vietnam and the Southeast Asia region. With 3 core businesses of […]

FLEGT licenses for timber exports to EU Ghana is set to become the first African country and second in the world to begin issuing licenses for timber exports under the Forest Law Enforcement, Governance and Trade (FLEGT) scheme. This follows the successful assessment of timber marking and tracking processes in the Bobiri Forest Reserve in […]

According to the International Tropical Timber Organization (ITTO), the Chinese government will support home furnishing manufacturing enterprises to implement green manufacturing, encourage conditional areas to introduce targeted policies and measures for green manufacturing demonstration enterprises, and promote enterprises to increase R&D efforts of green home products, all in an attempt to improve the green supply […]

The total production of wood-based panels in Europe in 2021 was 63.7 million m3 — up by 10% —based on the 2021-2022 annual report data of European wood-based panels. Compared with 2019 before Covid-19, the total output of wood-based panels increased by 7.6% and the production of various types of artificial boards has increased in 2021. […]

Wood and wood product (W&WP) trade highlights Statistics provided by the General Department of Customs reveal that in February 2023 W&WP exports earned US$800 million, down 0.7% compared to January 2023 and down 11% compared to February 2022. In particular, WP exports are estimated at US$490 million, down 0.3% compared to January 2023 and down […]

Challenges for Vietnam’s wood industries in January 2023 There was a decline in W&WP exports to almost all markets in January 2023. Exports to the US, the top market, were valued at US$367.3 million, down 60% compared to January 2022, followed by the Chinese market (US$132.9 million, down 1%) and Japan (US$129.1 million, down 13%). […]

According to statistics from Customs W&WP exports in January 2023 reached US$806 million, down 39% compared to December 2022 and down 49% compared to January 2022. Of this WP exports were US$491.7 million, down 44% compared to December 2022 and down 58% compared to January 2022. Vietnam’s W&WP exports to South Korea in January 2023 […]

Forecast and suggested solutions Vietnam’s wood sector has been targeting at 5 top markets, including the US, Japan, China, South Korea and the EU. The current global situation and problems facing these markets of W&WP destined from Vietnam can hardly give an optimistic forecast on Vietnam’s W&WP trade. According to Vietnam Wood and Forest Products […]

Vietnam: Wood and Wood Product (W&WP) Trade highlights In 2022, W$WP exports valued at 16 billion USD, showing a year-on-year growth of 8.1%. Of this, WP exports contributed US$11.04 billion, down 0.3% compared to 2021. The exports of wooden furniture in December 2022 valued at US$798.6 million, down 18.6% compared to December 2021. In 2022, […]

Padauk wood imports According to statistics, Vietnam’s padauk imports in April 2022 were estimated at 19.2 thousand m³, worth 7.5 million USD, up 20.4% in volume and 20.0% in value compared to March 2022; compared to April 2021 increased by 0.2% in volume and 3.1% in value. In the first 4 months of 2022, padauk […]

In light of border control and quarantine measures, BIFA Wood Vietnam, one of the country’s leading wood and woodworking exhibition held in Binh Duong, Vietnam will be postponed to 8 – 11 August 2022. “Currently, Vietnam borders are still closed and quarantine is required upon arrival,” elaborated William Pang, co-organiser of BIFA Wood Vietnam and […]

Production in Vietnam has returned to normal and businesses operating in the wood industry are accelerating production to keep up with signed export orders for the last month of the year and the first half of 2022. Export activity by the timber industry increased in October and November 2021, although the export value is still […]