Latest Industry News

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...

Phu Yen’s Remarkable 47% Forest Coverage: A Green Oasis of Vietnam Unveiled

In the year 2023, the forest coverage in Phu Yen province surpassed 47% due to...

Optimizing Wood Industry Growth: Decline in Raw Wood Import Materials Across Global Markets 2023

In the year 2023, the raw wood import materials amounted to 4,523 million cubic meters,...

Unlocking Growth: Feasibility of Achieving the 2024 Wood Export Target of $17.5 Billion USD

As we enter 2024, the forestry sector sets a target for export turnover to return...

Navigating Challenges in Vietnam’s Wood Industry with FSC Certification

The FSC certification, overseen by the Forest Stewardship Council, plays a crucial role in verifying...

Strategies to Mitigate the Impact: Ministry of Industry and Trade Addresses Red Sea Area Situation

Recently, in the Gulf of Aden and the Red Sea region, there have been incidents...

In-Depth Study of Vietnam’s Wood and Timber Imports: 11-Month Analysis

A comprehensive overview of Vietnam’s wood and wood products (W&WP) import performance in 2023 reveals...