A seminar to promote the export of wooden and rattan products to the Japanese market took place in Ho Chi Minh City on Oct. 6. The event was jointly organised by the municipal Department of Industry and Trade, the Trade Promotion Department under the Ministry of Industry and Trade and the ASEAN-Japan Centre for Trade, [...]
The fact that China has unexpectedly become the second biggest importer of wooden products from Vietnam, just after the US, has raised a lot of questions and doubts. Timber materials bleeding to China Nguyen Huy Cuong, manager of an enterprise which specializes in providing materials to processing workshops in Long Thanh district of Dong Nai [...]
The European market door is to open to Vietnamese wood exporters. From March 2013, to enter the EU, made-in-Vietnam wood products will have to be awarded with the Forest Law Enforcement, Governance and Trade (FLEGT) certificate, according to a FLEGT voluntary partnership agreement (VPA) whose negotiations were just initiated by Vietnam and the EU. The [...]
Wooden handicraft and furniture manufacturers have been given the kiss of life. Vietcombank is offering a commercial supportive programme specially tailored to wood industry businesses and handicraft manufacturers with a committed credit package of VND1 trillion ($48.3 million). Under the programme, Vietcombank will render a package support to businesses acquiring export letters of credit (L/C) [...]
Vietnam in the first six months of 2011 obtained around US$1.7 billion in woodwork and handicraft export revenue, up by US$200 million year-on-year, as foreign buyers earlier signed large import contracts given low prices. However, the Handicraft and Wood Industry Association of HCMC (Hawa) said local enterprises would be hesitant at large export contracts in [...]
Going to China to purchase wooden furniture products is the choice of many people, who want to both travel to China and save money in decorating their homes. Hearing from friends that wooden furniture products in China are very cheap, which have the prices just equal to 2/3 or ½ of the domestic sale prices, [...]
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