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Enterprises in the woodworking industry have begun to receive orders again to serve the furniture shopping season in the year-end months on the world market, as reported by VNA at a recent forum. Despite the challenges posed by the volatile and unpredictable global markets, agile businesses in the woodworking industry are finding opportunities to thrive, according to experts at the forum. The Department of Forestry has reported that forestry product exports reached an estimated USD 6.42 billion in the first half of the year, experiencing a year-on-year decrease of 28.8%. Wood and wood product exports were particularly affected, dropping by 29% to USD 5.96 billion. Vietnam aims to earn 25 billion USD from wood and wooden product exports by 2030. Photo: VNA A preliminary survey by the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) found that export orders in the industry initially decreased by 30% but began to recover in July, ahead of the global year...

At the meeting with credit and insurance group SACE. Photo: Vietnam’s embassy in Italy Vietnamese Ambassador to Italy Duong Hai Hung has held working sessions with leaders of credit group CDP, Simest credit institution of CDP, credit and insurance group SACE and the General Confederation of Italian Industry (Confindustria) of Italy as part of the embassy’s economic diplomacy activities of in 2023, VNA reported Sunday . According to Pasquale Salzano – President of Simest, General Director in charge of European and international affairs of CDP Group, Vietnam is in the strategic priority list of Simest. Simest has completed the building of a platform connecting Italian small-and medium-sized enterprises with Vietnam, which is expected to be launhed this year, he said. Vietnamese Ambassador to Italy Duong Hai Hung holds a working session with Barbara Beltrame Giacomello. Photo: VNA Vietnam is currently the largest trade partner of Italy among the ASEAN countr...