Experts argued that stronger local demand could reduce the sector''s dependence on overseas markets and improve its resilience to global economic shocks
The target of $25 billion could be beyond reach if the industry continues to rely on short-term sources and imported raw materials, said Bùi Trung Nghĩa, deputy chairman of the Vietnam Chamber of Commerce and Industry (VCCI).
Despite headwinds from Middle East tensions that have pushed up freight and logistics costs, exports of wood and wood products were estimated at $1.53 billion in June, lifting first-half export turnover to $8.54 billion, up 4.4 per cent from a year...
It becomes pressing for the ASEAN’s furniture industry to strengthen regional cooperation to build transparent and sustainable timber supply chains as export markets impose stricter environmental, traceability and sustainability standards, experts said on June 26.
Việt Nam’s wood industry is seeking clearer VAT rules as inconsistent enforcement across provinces raises compliance risks, delays tax refunds and complicates export supply chains.
Việt Nam has significant advantages in developing furniture products suited to the business-to-consumer model on global e-commerce platforms such as Amazon, a seminar heard in HCM City on March 4.
Canadian Wood Vietnam, part of Forestry Innovation Investment (FII) - a provincial agency of the Government of British Columbia (B.C.), Canada, has recently reaffirmed its commitment to the Vietnamese wood industry by maintaining a consistent presence across key industry platforms.
Việt Nam took over the chairmanship of the ASEAN Furniture Industries Council for a two-year term from Thailand at the Ho Chi Minh Export Furniture Fair (HawaExpo) in HCM City on March 4.
The annual Ho Chi Minh City Export Furniture Fair (HawaExpo 2026) opened at the Saigon Exhibition and Convention Centre in HCM City on March 4, reaffirming its role as a strategic meeting point between Vietnamese manufacturers and the global market.
The Vietnam International Furniture and Home Accessories Fair – VIFA Expo 2026 – will take place from March 8 to 11 at two venues in HCM City: SKY EXPO (Quang Trung Software City, Trung Mỹ Tây Ward) and WTC EXPO...
Positive market signals mean Việt Nam’s wood industry is expected to achieve exports of US$18–19 billion this year, according to the Handicraft and Wood Industry Association of HCM City (HAWA).
The tariff increases on finished wood products, including upholstered chairs, kitchen cabinets and bathroom cabinets will be delayed by one year, from January 1, 2026 to January 1, 2027, under the US President Donald Trump’s decision on adjusting import tariffs...
The Vietnam National Brand Week in the US is a flagship activity under the Việt Nam National Brand Programme 2025, which honours enterprises and products recognised under the national brand for embodying three core values of quality, innovation, and leadership.
HCM City is poised to become one of the world’s leading hubs for wood and furniture production and export as the global market enters a recovery cycle and demand for green, sustainable products continues to rise, speakers said at a...