VIFA-EXPO 2022 opens in HCMC

VIFA-EXPO 2022 opens in HCMC

The Vietnam International Furniture & Fine Arts Export Fair (VIFA-EXPO 2022) with the theme of ‘Discovering the quintessence of Vietnamese furniture and handicrafts’ was opened this morning at the Saigon Exhibition and Convention Center (SECC) in District 7, Ho Chi Minh City.
Many individual investors enter the securities market during the Covid-19 pandemic. (Photo: SGGP)

HCMC using digital transformation for economic recovery

During the fourth outbreak of the Covid-19 pandemic, Ho Chi Minh City has endured severe economic impacts as it has to stay lock down for a long time. Yet also in that hard time, innovative ideas in business administration have been pushed forward and successfully carried out to overcome those tough challenges.

Wood processing enterprises have been facing difficulties as orders are reduced. (Photo: SGGP)

Wood processing enterprises need assistance to overcome difficulties

The export market shares of wood and wooden products of Vietnam are mainly in the US, Japan, Europe, and China, accounting for more than 85 percent of the total export value of the industry. However, these markets are struggling due to the pandemic so many importers have temporarily suspended import orders.
Wood exports surge by 16 percent in Q1

Wood exports surge by 16 percent in Q1

According to the Ministry of Agriculture and Rural Development, in the first quarter of this year, the export value of key forestry products reached about US$2.7 billion, an increase of 16 percent compared to the same period last year.
Processing wood for export. (Photo: SGGP)

Vietnam’s wood industry struggle to prevent trade fraud

According to a market research on wood processing market of Vietnam by Forest Trend, in the first five months of this year, the number of new foreign direct investment (FDI) projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.