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...
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.
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).