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June 24, 2019

Vietnam booming wood products exports to face shortage of raw materials

Vietnam booming wood products exports to face shortage of raw materials
With its abundant potential in wood processing, Vietnam is emerging as a major exporter of finished wood products in the global wood market. However, the local wood industry is being challenged by shortages of imported materials which may affect its future exports.    Since early this year, Hoang Vinh Wood Processing JSC in the southern province of Binh Duong, which is Vietnam’s wood export hub, has been mobilising all of its 500 employees to work at full speed to meet the company’s contracts signed with a partner from France, worth US$20 million. The contracts ...

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