Woodwork exporters told to adapt to changes from US market
2018-08-03 10:53:34 / VIETNAMWOOD
There has been no official report on the possible impact on Vietnam’s woodwork exports after the US decided to impose new tariffs on Chinese products.
The US remains one of the four biggest export markets for Vietnam, importing 77.5 percent of Vietnam’s total woodwork export value in the first five months of the year.
Chair of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Quoc Khanh said this was a ‘modest figure’. He said the situation will be different in the near future if Vietnamese manufacturers make big investments.
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Source From: Vietnam Net
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