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April 9, 2018
Vietnam’s wood industry faces shortage in raw materials
Vietnam’s wood industry faces a quandary as bright export growth prospects are clouded by difficulties in finding necessary raw materials. Nguyen Ton Quyen, Vice President and General Secretary of the Vietnam Timber and Forest Product Association (VIFORES), expected a mixed bag of fortunes in the domestic wood sector this year, with a handful of new trade agreements set to take effect. Quyen said that he was certain exports of wood products from Vietnam will increase significantly, even for a country that is already the world’s third largest and ASEAN’s ...
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