Posts Tagged ‘ Woodwork ’

Input cost rise makes export growth unprofitable 

October 30, 2011
Input cost rise makes export growth unprofitable 

Foreign visitors examine Vietnamese wood products at an exhibition in Ho Chi Minh City. The demand for garments and woodwork is expected to fall as the global recession continues. Exports are growing and their prices are rising, but a faster rise in input costs is canceling export profits. Exporters worry that the development is expected [...]

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Exports suffer as recession bites 

August 27, 2011
Exports suffer as recession bites 

People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]

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Tapping market’s rich potential

January 2, 2010
Tapping market’s rich potential

Vietnam’s ambassador to Russia Bui Dinh Dinh speak with VIR about prospects for trade and investment cooperation between the two countries. Ambassador Bui Dinh DinhYou said Russia was a potential export market for Vietnamese goods. Could you name some specific commodities that Vietnam can boost exports of and advantages Vietnamese exporters can take from this [...]

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BUSINESS IN BRIEF 17/7

July 17, 2009
BUSINESS IN BRIEF 17/7

State bank okays foreign bonds to back loans; Soft drink factory inaugurated in Binh Duong; Efforts, here and abroad, to help woodwork producers; Gov’t measures fuelling rise in investment capital  The Governor of the State Bank of Vietnam on July 16 signed a decision to list Government bonds in foreign currencies as collateral for bank [...]

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BUSINESS IN BRIEF 21/5

May 21, 2009
BUSINESS IN BRIEF 21/5

 E-commerce to facilitate Vietnam’s exports to US; Binh Dinh looks for Chinese investors; Over 1 billion USD invested in tower block; Country’s first base iron ore concentration plant up and running; Song Giang power station to operate by late 2010; Fair boosts Vietnamese-Cambodian trade E-commerce is seen as a useful tool and innovative new direction [...]

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BUSINESS IN BRIEF 7/5

May 7, 2009
BUSINESS IN BRIEF 7/5

Workshop: How to raise provincial competitiveness; Thai products showcased in Vietnam; FDI flux into Mekong Delta city; Vietnam’s woodwork showcased at Las Vegas trade fair   According to the VASEP, the country’s tra and basa catfish exports to the US rose by 31 percent in March, representing an accumulated 131 percent increase for the first quarter [...]

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Exporters exerting themselves to overcome difficulties

February 27, 2009
Exporters exerting themselves to overcome difficulties

Export companies are not crying and waiting for support from the Government. They are struggling to overcome the current difficulties by seeking new outlets for their products. Businesses are struggling to overcome the current difficulties by seeking new outlets for their products.According to the Ministry of Industry and Trade, the $8 billion worth of export [...]

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Woodwork village, best days past

December 11, 2008
Woodwork village, best days past

VietNamNet Bridge – In its glory days, the My Xuyen woodwork fine arts village in Thua Thien-Hue province had tens of workshops with 500 workers. Now, the village comprises just a few quiet workshops and less than 100 workers.  Le Thua Bang and his unsalable productsWhat Nguoi lao dong’s reporters first marked when they arrived [...]

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Vietnam-made woodwork tired of Russia’s taxes

December 8, 2008
Vietnam-made woodwork tired of Russia’s taxes

VietNamNet Bridge – Vietnamese woodwork producers have ignored the Russian market, though they are well-aware that this is a market with great potential. According to the HCM City Handicraft and Wood Industry Association (HAWA), Vietnam exported $733 million of fine arts and handicrafts to Russia’s market in the first five months of the year, and [...]

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Woodwork industry’s woes to continue

December 5, 2008
Woodwork industry’s woes to continue

VietNamNet Bridge – Woodwork producers have been warned about a difficult 2009, and they aren’t even out of a difficult 2008. Higher production costs, fewer export orders and lower export prices are the problems woodwork producers are facing, and which are expected again next year. According to a report by the Binh Duong Industrial and Trade [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...