Chinese orders to boost Vietnamese wood industry
China’s policy on focusing on their domestic market has prompted foreign importers to place more orders with Vietnamese enterprises. The prosperity of the wood processing industry in the last year has been robust. According to VietnamNet Vietnam hopes it can obtain turnover of $8 billion from wooden furniture exports in 2018. Returning from AFIC (ASEAN Furniture Industries Council) conference held in Shanghai in August, Nguyen Quoc Khanh, chair of Hawa (Handicraft and Wood Industry Association), provided a noteworthy piece of news. Chinese policy makers said at the conference that 80 percent of the wood processing output would ...
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