Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs and slow VAT tax refunds. Many have scaled back operations as they wait for the market to recover. The latest statistics from Vietnam Customs show that in the 12 months to 15 September Vietnam’s total export value reached US$242.04 billion, down US$23.44 billion or 9% year-on-year. Of which, shipments of wood and wood products fetched US$9.01 billion, a decrease of 23% compared to the figure of US$11.67 billion achieved in the same period ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
