Latest Industry News

Vietnam Earns 1.2 Trillion VND from Forest Carbon Credit Sales under ERPA Deal

At the year-end conference on December 27, 2023, and the deployment of the forestry sector’s...

Container Freight Rates Expected to Sustain Growth Momentum in Q2 and Q3

If the unrest in the Red Sea persists and remains unresolved, the consequences for the...

Wood Industry Resilience: Achievements, Challenges, and Optimism in 2023

The phrase “attaining the goal” is a commonly used and expansive idea in Vietnam wood...

Green Criteria in Wood Industry: Adapting for Sustainable Global Markets

The criteria for being considered environmentally friendly encompass products that are ecologically sustainable, avoiding depletion,...

Timber Treasure: Indonesia Wood Industry, Global Expansion, and Sustainable Outlook

Indonesian wood stands out with its distinctive qualities and benefits, finding extensive use across diverse...

Costco Ends 2023 on a High Note with Strong December Sales

Costco saw nearly 10% growth in December sales, reaching $25.15 billion for the five weeks...

Rapid Surge: Ocean Container Rates Soar by 61% in a Single Week

Global ocean container rates surged by an average of 61%, reaching $2,670 per 40-foot container—88%...

Advancing the Malaysian Furniture Industry: A Journey Up the Value Chain

Despite global challenges and competition from China and Vietnam, Malaysia remains committed to advancing its...

Binh Thuan’s Vigilant Efforts in Forest Management, Protection, and Development

In the year 2023, the Binh Thuan Forest Protection Department fully carries out essential tasks...

Triumph in 2023: Wood and Forestry Sector Surpasses Challenges

In the afternoon of January 3, 2024, Prime Minister Pham Minh Chinh participated in and...