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Tag
timber
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Low demand takes a toll on timber businesses
Timber businesses are struggling to find export orders, and are willing to grab even small ones to keep their head above water.
Timber exporters face sharp decline in orders
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.
US ends Vietnam timber probe, no tariff
The U.S. has decided to not take any trade action on Vietnamese timber following a 12-month investigation into alleged illegal harvesting and trade.
October 4, 2021 | 12:44 am PT
1,000 cubic meters of rare African wood seized in Saigon port
Customs officials in HCMC have discovered over 1,000 cubic meters of timber worth over $430,000 illegally imported from Africa with fake declarations.
January 11, 2020 | 09:00 pm PT
Malaysia jails Vietnamese man for illegal logging, reserve encroachment
Vietnamese man has got three years in jail and $3,100 in fines for illegal logging and forest reserve encroachment in Malaysia.
May 17, 2019 | 04:49 am PT
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.
August 10, 2018 | 06:00 pm PT