Vietnam’s wood processing industry has maintained a high growth rate over the years, said Nguyen Quoc Khanh, chairman of the Handicraft and Wood Industry Association of HCMC (HAWA). From US$220 million in 2000, after 17 years, its turnover has reached US$8 billion, ranking among the seven sectors generating the greatest export value in the country. Particularly, in the first half of 2018, the export of wood and wood products earned US$4.13 billion, up 12.4% over the same period last year, according to the Ministry of Industry and Trade. Vietnamese firms in this industry are gradually gaining share from foreign-invested enterprises (FIEs), HAWA Vice Chairman Huynh Van Hanh said. In the early years of development, FIEs always accounted for more than 70% of the country’s total wood export sales. However, in the past three years, domestic enterprises have fared better and occupied 53% of total export turnover. When the domestic economy began to integrate, Vietnam’s wood industry has undergone drastic transformations with changes in technology, machinery, skills and management process, making them able to catch up with the development pace of the world, said Nguyen Chien Thang, chairman of Scansia Pacific Co. “Vietnam’s wood industry is now not inferior to that… Read full this story
- How are UK-based game developers responding to Brexit? (update)
- Best of 2017: Gamasutra's top games, devs, events and trends
- Indie games could suffer without Net Neutrality, devs say (update)
- Red Dead Redemption 2 – how advanced AI and physics create the most believable open world yet
- Battlefield 5's RTX ray tracing tested: is this the next level in gaming graphics?
- Best of 2018: Red Dead Redemption 2 – how advanced AI and physics create the most believable open world yet
- How Resident Evil 2 fell apart, then became one of Capcom’s biggest hits
- Premature Evaluation: King Under The Mountain
- Interview: Prof. Henry Jenkins
- Spotlight on the 2004 Independent Games Festival
Wood industry: Sustainable development have 299 words, post on english.vov.vn at September 17, 2018. This is cached page on VietMaz. If you want remove this page, please contact us.