Processing wood for export. (Photo: SGGP)

Vietnam’s wood industry struggle to prevent trade fraud

According to a market research on wood processing market of Vietnam by Forest Trend, in the first five months of this year, the number of new foreign direct investment (FDI) projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.
Most enterprises  positively evaluate business environment

Most enterprises positively evaluate business environment

Most enterprises forecast that business situation in the last quarter of this year will be more optimistic than the previous quarter, according to the recently released survey on business situation of enterprises conducted by the General Statistics Office of Vietnam.
Small, super-small-sized supporting industry firms account for 97 percent

Small, super-small-sized supporting industry firms account for 97 percent

According to the Industry Agency under the Ministry of Industry and Trade, after implementing the decree on development of supporting industry for four years, at the present, there are around 1,800 supporting industry enterprises, of which, around 300 enterprises are Vietnamese-owned and the rest is chain businesses.