TTO - Including the group of interior and exterior products and fine art decoration, Vietnam has exported USD 10 billion of wood products in the first half of 2021, an increase of 70% over the same period. Vietnam's resilience and recovery after the pandemic is also highly appreciated by international buyers.
The Ho Chi Minh City Handicraft and Woodworking Association (HAWA) said that in the context of high demand for orders from international buyers, serving the year-end shopping market in other countries, businesses in the wood processing industry is trying to speed up production activities.
According to data of the Ministry of Industry and Trade, the furniture industry, major consumer markets such as the US, UK, France, and the Netherlands all increased by about 50% over the same period, so there are opportunities for the country to supply Wood processing products like Vietnam are expanding.
At the recent webinar, Vietnam Furniture Supply Chain Recovery Plan - Vietnam Furniture Supply Chain Recovery Plan, which took place recently, Ms. Bui Thanh An - Deputy Director of Trade Promotion Department, Ministry of Industry and Trade, said that international buyers appreciated the resilience of Vietnam's wood industry.
"In the past 2 years, when the epidemic began to break out, Vietnamese furniture enterprises have shown very good resistance. Support and orientation activities of professional organizations are also very active," said Ms. An.
According to data from this ministry, when including the group of interior and exterior products and fine art decoration, Vietnam has exported USD 10 billion of wood products in the first half of 2021, an increase of 70% over the same period.
Mr. Benjamin Petlock - senior agricultural attaché, US Embassy - said that the US market has positively received Vietnamese furniture products. The trade relationship between Vietnam and the United States, a supply of legal wood materials and a supply of high-quality furniture, has grown in recent years.
"On both sides, the export and import markets are both large and likely to expand in the near future," commented Mr. Benjamin Petlock.
Experts say that the impact of the epidemic is causing certain disturbances to the global supply chain, from transportation costs to increasing raw material prices. However, the supply chain will be quickly re-established its order when countries are more aware and have a clearer strategy to live with COVID-19.
According to HAWA, many businesses see this as an opportunity, so they have been constantly looking for ways to adapt to new conditions, from retaining workers, finding a stable source of raw materials to even applying modern machinery and equipment to reduce dependence on human resources as well as improve their product quality...