The export value of wood and wood products in 2019 set a record of 11.5 billion USD, up nearly 20% compared to the previous year. The Vietnamese timber industry community has made no secret of its ambitious goals to bring the total export value of wood products to US $ 20 billion by 2025,
The development of wood material areas is a top priority for Vietnam's furniture industry when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect.
The plywood along with 12 other items has just been "warned red" because coinciding with Chinese products subject to US anti-dumping tax, it poses a significant risk to the export wood industry.
The quality of Vietnamese wooden products has always been improved, able to compete with other countries in the region. While the market is expanding and the turnover increased rapidly, many businesses in the field of furniture, especially businesses in the city. Ho Chi Minh City
(HQ Online) - Despite being a potential industry, maintaining the double-digit export growth rate in recent years, processing and exporting timber has been facing 3 significant challenges. is to "touch" the export target of 20 billion USD by 2025.
2019 is considered a big victory year for Vietnam's export of wood and wood products with an impressive continuous growth, and exports to key markets have increased. This is the driving force for the wood industry to reach the export mark of US $ 12 billion in 2020.
One of the biggest difficulties of the Vietnamese wood chips market in the last two years is the price squeeze imposed by China, and although this is the most talked about issue and there are many solutions, Can resolve the end of this problem
The decision to close the natural forests of the Prime Minister and the demand for using rubber wood furniture has created a fever with rubber wood material, a sharp increase in timber prices and increased demand for rubber wood. too fast.