News - Events
On the morning of June 24, the Department of Forestry - Forest Protection (Ministry of Agriculture and Environment), the Vietnam Timber and Forest Products Association and Forest Trends held a Seminar: "Trade in wood and wood products between Vietnam and the United States"
Dialogue and readiness to "hear" with the US side is an opportunity, a "narrow door" that businesses need to seize to demonstrate the "mutual complementarity" in timber trade between the two countries.
Binh Duong International Wood Machinery and Materials Fair 2025 - BIFA WOOD VIETNAM 2025 will take place from August 6 to August 9.
The report updates information on the import and export situation of wood and wood products (W&WP) of Vietnam in 2024 and gives some forecasts on the export trends of the main products of the Vietnamese wood industry in 2025.
According to the Ministry of Agriculture and Environment, if The United States imposes reciprocal tariffs on Vietnam can immediately cause orders to decrease. High tariffs will make wood products from Vietnam lose their competitive advantage, customers will seek supplies from countries with lower tariffs. In the long term, this will cause Vietnam's wood export market to shrink, and the value brought in from forest product exports is at risk of decreasing significantly.
The recovery of the US market continues to be the main driving force behind the growth of Vietnam's wood and wood products exports in 2025. Export target reaches about 18 billion USD According to data from the General Department of Customs, the export value of wood and wood products (G&SPG) in 2024 reached 16.25 billion USD, an increase of 20.3% compared to 2023. Of which, the export value of wood products is estimated at 11.2 billion USD, an increase of 21.9% compared to 2023.
Gathering more than 1,200 booths of more than 100 domestic and international wood industry enterprises, Q-Fair 2025 is a 'playground' for manufacturers, importers and exporters of outdoor wood products.
Binh Duong - Smart Interior Solutions Exhibition, gathering 250 booths of Vietnamese and international enterprises will take place at WTC EXPO Binh Duong from November 27 to 30.