High costs hit Vietnamese wood product manufacturers

High costs hit Vietnamese wood product manufacturers
    Rising input costs are eroding the profits of Vietnamese wood product manufacturers putting them at risk. Additionally, sanctions on Russia are likely to cause a decline in supplies of timber raw materials from Russia. As timber supplies become tighter, Vietnamese firms will have to compete more fiercely in international markets especially for timbers from the EU and the US.    According to VIFOREST Vietnam has been importing 5.5 – 6.5 million cubic metres of timber raw material every year. Higher raw material prices coupled with mounting transportation costs have added to import ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
(approximately $22.8, Paypal exchange rate)
Checkout Options
Yearly subscription - 249€/12 months
password strength indicator
Additional Info

We Accept PayPal
Billing Address