Wooden products are made at the Woodsland Tuyen Quang Co. — VNA/VNS Photo Vu Sinh Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60 per cent since the beginning of this year, pushing firms to cut off at least half of their production capacities. Data from the General Department of Customs showed that the export turnover of wood and wooden products reached US$3.9 billion in the first four months, down 30.6 per cent year-on-year. The export of wooden goods saw a yearly decline of 38 per cent to $2.6 billion. At the same time, the import value of wood and wooden products also decreased significantly to $634 million, down 33.6 per cent over the same period last year. During the four months, Vietnamese exports of these goods to major markets all decreased sharply such as the US ($2.02 billion, 38 per cent); Japan ($556 million, 1.5 per cent); South Korea ($274 million, 22 per cent) and China ($481 million, 13 … [Read more...] about Timber exporters face a sharp decline in orders
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Timber exporters face sharp decline in orders
Wooden products are made at the Woodsland Tuyen Quang Co. (Photo: VNA) Hanoi (VNS/VNA) - Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities. Data from the General Department of Customs showed that the export turnover of wood and wooden products reached 3.9 billion USD in the first four months, down 30.6% year-on-year. The export of wooden goods saw a yearly decline of 38% to $2.6 billion. At the same time, the import value of wood and wooden products also decreased significantly to 634 million USD, down 33.6% over the same period last year. During the four months, Vietnamese exports of these goods to major markets all decreased sharply such as the US (2.02 billion USD, 38%); Japan (556 million USD, 1.5%); the Republic of Korea (274 million USD, 22%) and China (481 million USD, 13%). Analysts and … [Read more...] about Timber exporters face sharp decline in orders
Wood companies seek orders through fairs amid declining export
Illustrative image (Photo: nongnghiep.vn) Hanoi (VNA) – Wood and fine arts enterprises hope to seek potential customers at the Vietnam ASEAN International Furniture & Home Accessories Fair (VIFA ASEAN 2023), scheduled to take place in HCM City from August 29 - September 1, in the context of a sharp decrease in the export of wood and wooden products in the last four months. Addressing a May 23 conference to announce the organsation of the fair, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and Industry, Ho Chi Minh City Branch (VCCI-HCM), said facing the global economic downturn, an average of about 19,000 businesses withdraw from the market every month. Over 80% of the enterprises operating in the wood industry have been affected, with decreasing revenue, he added. Statistics of the General Statistics Office show that the export turnover of wood and wood products totaled an estimated 1.2 billion USD in April, and 4 billion USD in the first four months of … [Read more...] about Wood companies seek orders through fairs amid declining export
Vietnam mission marks 75th anniversary of UN Peacekeeping
Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations, speaks at the ceremony. (Photo: VNA) Hanoi (VNA) – Ambassador Dang Hoang Giang , Permanent Representative of Vietnam to the United Nations, on May 25 chaired a ceremony marking the 75th anniversary of the International Day of United Nations Peacekeepers (May 29, 1948-2023). The event gathered members of Vietnamese representative agencies in New York, commanders and officers of the Vietnamese army and police forces on duty at the UN peacekeeping missions in the Central African Republic, South Sudan, and Abyei region, and four Vietnamese peacekeeping officers on secondment at the UN headquarters. In his remarks, Giang affirmed that Vietnam’s active participation in peacekeeping since 2014 is an important policy and decision of the Party and State in the nation’s integration process, reflecting the new position and power of Vietnam in the international arena. He attributed Vietnam’s … [Read more...] about Vietnam mission marks 75th anniversary of UN Peacekeeping
Vietnam mission marks 75th anniversary of U.N. Peacekeeping
The event gathered members of Vietnamese representative agencies in New York, commanders and officers of the Vietnamese army and police forces on duty at the U.N. peacekeeping missions in the Central African Republic, South Sudan, and Abyei region, and four Vietnamese peacekeeping officers on secondment at the U.N. headquarters. In his remarks, Dang Hoang Giang affirmed that Vietnam’s active participation in peacekeeping since 2014 is an important policy and decision of the Party and State in the nation’s integration process, reflecting the new position and power of Vietnam in the international arena. He attributed Vietnam’s peacekeeping achievements to efforts and contributions of all units involved, particularly officers and soldiers on duty at U.N. peacekeeping missions and headquarters. The diplomat also noted that many U.N. leaders and international friends have highly appreciated the bravery, self-reliance, and flexible and creative approach of the Vietnamese peacekeeping … [Read more...] about Vietnam mission marks 75th anniversary of U.N. Peacekeeping
Vietnamese prime minister warns of wildfires amid intense heat
Vietnamese Prime Minister Pham Minh Chinh has issued a telegram asking relevant ministries and agencies to adopt drastic measures to prevent and battle wildfires due to heatwaves. The prime minister also ordered the enhanced safety of the national power grid. To minimize damage caused by wildfires, the prime minister urged local authorities to beef up supervision of fire prevention and fighting operations and consider the task as a key duty. The provinces and cities should not be negligent in the fight against wildfires and must patrol fire-prone areas round the clock, according to the telegram. Moreover, authorities were told to proactively evacuate residents from dangerous areas if necessary to ensure the safety of people. It is vital to tighten control over vegetation treatment by fire in and near forests, and rice-field and dump burning activities, said the prime minister. The Ministry of Agriculture and Rural Development is in charge of monitoring fire prevention and … [Read more...] about Vietnamese prime minister warns of wildfires amid intense heat
Canada extends Vietnam-origin steel sheet deadline
The Trade Remedies Authority of Vietnam (TRAV) has recently received notification that the CBSA will revise its deadline in the case of an anti-dumping duty order imposed on corrosion-resistant steel sheets originating from Vietnam. The CBSA will conclude its information collection on June 15 and the due date for litigants to submit their arguments is June 22. Stakeholders will have until June 29 to submit their comments. The investigation's findings will be released on July 17. the TRAV advocates that stakeholders take prompt action to investigate the latest CBSA updates. According to World Trade Organisation statistics, Canada had investigated 362 related cases and imposed 230 trade remedies by the end of June 2022. According to data from the Ministry of Industry and Trade, Canada has initiated investigations into 18 trade remedy cases involving Vietnamese exports as of the end of last year. Canada currently imposes duties on seven Vietnamese imports, including carbon-welded … [Read more...] about Canada extends Vietnam-origin steel sheet deadline
Illegal construction of nearly 500 houses in Vietnam’s Dong Nai under investigation
Police in Dong Nai Province, southern Vietnam on Monday said they had prosecuted a case in which 198 villas and 290 detached houses were built illegally in Trang Bom District. Police officers made the move to investigate individuals and organizations involved in the development of the Tan Thinh Urban Area. They were charged with abusing positions and powers while on duty. The People’s Committee of Dong Nai Province earlier issued results of a comprehensive inspection into the project, whose investor is LDG Investment JSC based in Trang Bom District. The province introduced an 18.22-hectare land lot for the project in 2016 and gave its nod to LDG Investment JSC to develop the urban area in 2018 to meet local residents’ demand. However, the company failed to complete procedures to lease the land and convert the land use purpose. It has yet to get a construction license for the project either. Nevertheless, it constructed roads, a green park, rainwater and wastewater drainage … [Read more...] about Illegal construction of nearly 500 houses in Vietnam’s Dong Nai under investigation
International solidarity in Bambari
For Major Nguyen Van Hien, who is a member of the Bambari Operation Team, and his colleagues, it is the sincere support and sharing of international friends that have motivated them to overcome all difficulties and hardships to complete missions entrusted by the Party, State, and military. Recalling his first days in Bambari, a town in Ouaka of the Central African Republic, Major Hien said that although he had been well-prepared before being deployed to the area, he was still shocked at the harsh weather conditions which is filled with red soil and gravels. Dozens of families live in small cottages. On the way to the central area of Ouaka, he did not see any sign of medical, education, electricity, and water systems. Everything was far beyond the imagination of the Vietnamese blue beret soldier. Difficulties piled up when food and necessities transported by air from Vietnam could not reach the Central African Republic due to the complicated security situation. Meanwhile, local food … [Read more...] about International solidarity in Bambari
Kon Tum’s border guards and veterans promote cooperation program
According to a report delivered at the event, in the 2017-2022 period, the two units coordinated with each other in the leadership and organization work; maintained inspection, review, and information exchange, contributing to accomplishing political missions, encouraging troops on duty in border areas to fulfill all assignments, consolidating the political system, and ensuring political security, social order and safety in border areas, among others. Additionally, the two units closely worked with departments, agencies, Fatherland Front chapter to effectively implement movements launched by the localities, contributing to fostering people’s trust, arousing national pride, and enhancing solidarity. The units jointly carried out dissemination activities, called on organizations, individuals, and benefactors to build 92 houses for needy people in border areas, 35 great solidarity houses, 22 gratitude houses, and 13 domestic water projects, with a total value of more than VND 9 … [Read more...] about Kon Tum’s border guards and veterans promote cooperation program