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September 15, 2021

50% of Vietnamese timber processing companies face the risk of bankruptcy

Over 50% of timber processing enterprises Vietnam's South have to stop operation, facing the risk of bankruptcy. The other companies can only maintain less than 50% of their production capacity.  On September 7, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh chaired a conference on timber and forest product processing with the participation of the General Department of Forestry, associations, and businesses in the Vietnamese wood industry to find solutions soon for obstacles in production activities due to to the impact of the Covid-19 pandemic.  According to MARD Deputy Minister Le Quoc ...

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