{"id":77851,"date":"2019-07-29T05:33:39","date_gmt":"2019-07-29T05:33:39","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/vietnam-takes-benefit-uschina-trade-war\/"},"modified":"2025-09-19T08:51:17","modified_gmt":"2025-09-19T08:51:17","slug":"vietnam-takes-benefit-uschina-trade-war","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/vietnam-takes-benefit-uschina-trade-war\/","title":{"rendered":"Vietnam takes benefit from the US\/China trade war"},"content":{"rendered":"
\n

In the first three months of 2019 Vietnam\u2019s wood product exports were valued at around US$2.3 billion, some 16% higher than in the same period in 2018. The top export markets for wood products are traditionally the USA, EU, China, Japan and S.Korea.<\/strong><\/em><\/p>\n

According to the Ministry of Agriculture and Rural development (MARD), the export growth rate is expected to rise once the EU\/ Vietnam Free Trade Agreement enters into force.<\/p>\n

As is the case with several other countries the USA\/China trade conflict is creating opportunities for expanded investment and exports for Vietnam-made wood products to take advantages of preferential tariffs into the US.<\/p>\n

However, some Vietnamese exporters have fallen into the trap of relabeling Chinese imports as made in Vietnam. Vietnamese authorities are now addressing this and have stepped up Customs checks.<\/p>\n

Vietnam jumps to top of ASEAN wood product exporters<\/strong><\/p>\n

Mr. PhamVan Dien, Deputy Director of the Department of Forestry, has reported that in the first half of 2019 Vietnam jumped to the top of the list of ASEAN wood products exporters. It also became the 5th largest globe wood product exporter because of the sustained high growth of industrial production.<\/p>\n

He pointed out that the top international markets US, EU, Japan and S. Korea accounted for over 80% of Vietnam\u2019s wood product exports in the first six months of 2019 and this contributed to the positive socio-economic development of the national forest sector which now supports millions of jobs.<\/p>\n

In the first half of 2019 around 110,000 ha. of new plantations were established however, currently, there is a drought in many areas in Vietnam and this is increasing the risk of forest fires especially in provinces such as Nghean, Hatinh, Quangbinh, Quangtri, Thuathienhue, Danang, Quangnam, Quangngai and Phuyen.<\/p>\n<\/div>\n

<\/h2>","protected":false},"excerpt":{"rendered":"

In the first three months of 2019 Vietnam\u2019s wood product exports were valued at around US$2.3 billion, some 16% higher than in the same period in 2018. 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