Catalog is the strength of wood products export (export) Vietnam. However, to take advantage of opportunities from the integration process is going strong, the sector needs to professionalise wood from production, improve product quality.
Furniture export value in 2014 reached USD 6.23 billion, expected to grow to $ 7 billion in 2015. In particular, the market share of Vietnam’s wood furniture in the world reached 2.16%, has been on the 100 market. Vietnam ranks second in the list of furniture exporting countries in Asia the most. USA, China and Japan is third import market (NK) of Vietnam’s largest wood, representing 62.33% of total export turnover of wood.
Of world demand for timber is increasing plus many FTAs have been prepared to be signed will be an advantage for businesses XK (DN) of wood, especially when import tariffs to 0%. Many industry experts said timber, figure $ 10 billion turnover in 2020 of Vietnam’s timber industry viable.
Nguyen Ton Quyen, Deputy Chairman of Association of Vietnam Timber and Forest Product (Viforest) – sharing, Korea is one of the largest import market of Vietnam’s wood industry, particularly wood chips. The free trade agreement Vietnam-Korea (VKFTA) was signed, Viforest expect Vietnam furniture in Korea will be cheaper, more advanced competition.
Research and development of rural industries Vietnam (VIRI) forecast, the EU and North America will be the second largest import market handicraft products, including wood items of Vietnam. However, both markets are increasingly tighter regulations on the import standards for handicraft products from developing countries such as Vietnam.
For example, to Vietnam furniture market in the EU demanding, companies must meet the conditions of the Law on Chemicals Reach with assessment methods for hazardous substances, are applied in all 27 EU countries. Besides, companies are forced to label FSC (Forest Management Council). This is a certification system for checking the origin of the goods.
This really is a challenge for the timber processing enterprises of Vietnam, while most medium sized businesses and small, often people do not buy wood of saved records, proof of purchase. Not to mention, furniture export enterprises of Vietnam mainly processed goods to foreign countries, to bring low value.
According Viforest, Vietnamese enterprises would lose in the design, so they benefit from the added value is limited. Products made difficult to convince customers. The solution of most Vietnamese businesses are hiring foreign designers with high costs and lack of cultural imprint Vietnam …
Woodworking is one of 10 branches to bring most of its income from exports, contributing significantly to GDP. However, the company does not manage the whole process of timber transportation from place to place storage purchasing and production. This will be “barriers” when exporting big businesses.