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Inflation bites

Dropping global consumption is a challenge for various industries in Vietnam and local businesses might lay off staff or scale down operations. ....

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Vietnamese wood firms struggle to seek new markets

These firms are facing multiple difficulties in capital, labor costs, and input materials ....

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Feeling the pinch of global demand slump

In June, textile, leather and wood businesses were concerned the shortage of labor could make it hard to fulfill export orders. But in August, the situation has changed as Europe and the U.S. have faced a demand slump. ....

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A bumpy road for woodwork exports to U.S.

In 2020, Vietnam overtook China as the largest woodwork supplier of the United States, which is the world’s biggest woodwork consumer. ....

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COVID-19 production suspension hampering timber exports - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Suspension of production at local wood processing enterprises due to the COVID-19 pandemic is having effects on exports. ....

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