Vietnam is current the top exporter of wood and furniture in Southeast Asia, the second biggest in Asia and the fifth in the world, according to the General Department of Vietnam Customs.
Hanoi (VNA) – Vietnam is current the top exporterof wood and furniture in Southeast Asia, the second biggest in Asia and thefifth in the world, according to the General Department of Vietnam Customs.
According to the department, the contribution of non-woodfurniture to the sector’s exports is on the rise through years.
In 2016, exports of the non-wood products rose 15.1 percentyear on year to 714.91 million USD. The growth in 2017 was 30.2 percent to 30.62million USD.
In 2018, the sector recorded export revenue of over 1billion USD, up 14.4 percent compared to that in 2017.
Deputy Minister of Industry and Trade Tran Quoc Khanh saidthat Vietnam targets 20 billion USD in exports of wood and furniture in 2025and gaining about 10 percent of the global market share.-VNA
Vietnam’s export of wood and wood-based products is projected to reach 8.85 billion USD in 2018, up over 1 billion USD from the 2017 record of 7.7 billion USD.
Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Vietnam to become a global furniture hub, a conference heard in Ho Chi Minh City on December 7.
2019 is expected to be a good year for Vietnamese wood and wooden furniture exporters thanks to the expansion of markets, according to the Ministry of Agriculture and Rural Development (MARD).
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Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: VNA) 
