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July 9, 2020

Vietnam plywood export companies face increased trade risks

Vietnam plywood export companies face increased trade risks
China has invested in 29 plywood projects worth over US$150 million in Vietnam, becoming the country’s largest plywood investor.    Speaking at a conference to promote Vietnam’s plywood and medium-density fiberboard industry in the context of Covid-19 that was held in HCMC on July 6, Ngo Sy Hoai, vice chairman of the Vietnam Timber and Forest Products Association, noted that Vietnam has attracted 53 foreign investment plywood projects worth a combined US$276.5 million.  In the first half of 2020 alone, the country attracted 35 foreign investment projects in ...

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