{"id":88773,"date":"2025-04-15T05:07:49","date_gmt":"2025-04-15T05:07:49","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/vietnamese-wood-exporters-worried-on-surging-tariff-pressures\/"},"modified":"2025-09-19T09:04:05","modified_gmt":"2025-09-19T09:04:05","slug":"vietnamese-wood-exporters-worried-on-surging-tariff-pressures","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/vietnamese-wood-exporters-worried-on-surging-tariff-pressures\/","title":{"rendered":"Vietnamese wood exporters worried on surging tariff pressures"},"content":{"rendered":"

Vietnamese wood businesses are closely monitoring market developments to swiftly craft solutions in response to volatile tariff policies on a global scale.<\/span><\/p>\n

Ngo Sy Hoai, Vice Chairman of the Vietnam Timber and Forest Products Association (Viforest), revealed that under normal conditions the wood product export goal would be achievable. However, in the current context of global trade turbulence it is hard to determine whether the target will be realised.<\/p>\n

The US President recently ordered an investigation under Section 232 of the 1962 Trade Expansion Act regarding wood and wood products. This could result in tariffs of up to 25% on sawnwood and forest products from April.<\/p>\n

The US accounts for over half of Vietnam\u2019s wood exports, primarily furniture, interior and exterior wood products, carpentry and refined products with some plywood, laminated boards.<\/p>\n

Hoai noted, \u201cIn light of potential changes in policies Vietnamese wood businesses are worried about the impact on Vietnam\u2019s wood product export performance.\u201d<\/p>\n

Viforest and businesses in the sector have been preparing to participate in hearings if the US requests proof that the trade relationship between Vietnam and the US in the wood sector is mutually beneficial.<\/p>\n

In this respect, Hoai argued, \u201cWe do not compete or disrupt US production. Vietnam not only exports to the US but is also the second-largest market in the world, after China, for the consumption of US\u2019 logs and sawn timber.<\/p>\n

The imported wood volume is used to meet domestic demand and it is also processed and exported to various markets.<\/p>\n

Many products using US wood are also exported back to the US as such the trade is mutually beneficial, he said.<\/p>\n

Sharing the difficulties of the wood industry, Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the US, noted, \u201cThe biggest challenge right now is that Vietnam is not yet considered a fully marketoriented economy which leads to disadvantages in US anti-dumping and countervailing investigations.<\/p>\n

Meanwhile, the US is also concerned about the trend of shifting production and investment from some countries to Vietnam to take advantage of labour cost benefits and the competitive environment.\u201d<\/p>\n

Hung therefore suggested relevant ministries, industries and business associations consider importing raw wood materials from the US to reduce the trade deficit and to avoid origin-related lawsuits. On the side of firms, caution needs to be exercised regarding raw material imports from countries that are subject to US tariffs. At the same time, it is important to develop flexible production and business plans, as countries subject to US tariffs may strengthen trade protection measures, placing greater pressure on Vietnam.<\/p>\n

Strategies to address tariff increases<\/strong><\/p>\n

Ng\u00f4 S\u1ef9 Ho\u00e0i, Vice Chairman and General Secretary of the Vietnam Timber and Forest Products Association (Viforest), emphasised the importance of increasing log and sawnwood imports from the U.S. \u201cThis ensures a legal and transparent supply chain, strengthens compliance with origin standards and facilitates exports to key markets like the U.S. and Japan,\u201d Ho\u00e0i noted. According to V\u00f5 Quang H\u00e0, Chairman of Tavico, Vietnam\u2019s furniture market is valued at US$5 billion annually yet remains underdeveloped. He suggests that businesses should shift focus to the domestic market for example supplying furniture for real estate developments and expand traditional retail networks and e-commerce channels. He added in the public sector manufacturers could capitaliseg on government-funded projects. By leveraging these opportunities, Vietnam\u2019s furniture industry can reduce dependency on exports and build a more resilient domestic market.<\/p>","protected":false},"excerpt":{"rendered":"

Vietnamese wood businesses are closely monitoring market developments to swiftly craft solutions in response to volatile tariff policies on a global scale. Ngo Sy Hoai, Vice Chairman of the Vietnam Timber and Forest Products Association (Viforest), revealed that under normal … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nVietnamese wood exporters worried on surging tariff pressures - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/vietnamese-wood-exporters-worried-on-surging-tariff-pressures\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vietnamese wood exporters worried on surging tariff pressures - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Vietnamese wood businesses are closely monitoring market developments to swiftly craft solutions in response to volatile tariff policies on a global scale. 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