Vietnam’s wood industry faces coronavirus pandemic and anti-dumping tariffs
The widespread coronavirus pandemic has resulted in a serious disruption of the supply chains. Besides difficulties in the source of raw materials and export, Vietnam’s wood industry also faces double trouble – the possibility of being imposed anti-dumping tariffs on wood products exported to the US and South Korea. According to Mr. Ngo Sy Hoai, Vice Chairman cum General Secretary of the Vietnam Timber and Forest Product Association (VIFOREST), the export target of Vietnam’s wood industry set at the beginning of this year was US$12 billion. However, the export growth of the industry ...
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