News

Wood exports to Europe to rise

Once the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade comes into force, there will be opportunities for Việt Nam to export more wooden products to Europe and other new markets as well as get higher prices, according to the EU Delegation to ...

New timber ban questioned

As of January, another of Cambodia’s highly traded varieties of rosewood will be protected by an international convention as an endangered species, but given past “dodgy trade”, observers are sceptical of how meaningful that protection will be. Demand from the Chinese market for Myanmarese rosewood ...

28 wood processing factories ordered to shut down

The Ministry of Industry and Commerce has ordered the closure of 28 wood processing factories located near and inside forest areas by next month. The ministry on November 28 issued a notification requiring the immediate removal or closure of 28 wood processing factories located close to ...

Forestry dept offers assurances, admits flaws in wake of lawsuit

The Forestry Department has broken its silence after a Swedish court last week penalised an importer of Myanmar teak, dramatically calling into question the country’s documenting processes for timber sourcing. In a public statement, the Forestry Department claimed that current control systems should be “capable ...

Banned rosewood trade up

Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...

Indonesia ships first containers of timber under EU legality scheme

The first containers of plywood certified as legal under the EU’s anti-illegal-logging action plan were shipped out of the Indonesian capital on November 15, a milestone in the fight against blackmarket timber in one of the world’s most heavily forested countries. Of the 15 nations that ...

Wooden furniture manufacturers beg for support

The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach $7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015. Meanwhile, experts have repeatedly warned of the danger of falling behind other regional countries. Vietnam urged to ...

Nearly $1 billion in forest carbon finance committed in 2015

The inclusion of the UN’s Reducing Emissions from Deforestation and forest Degradation program, known as REDD+, as a standalone article in the Paris Climate Agreement was widely hailed as an encouraging political signal that protecting forests and other valuable carbon sinks would henceforth be a ...

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