The Ministry of Industry and Trade has announced that exports of Vietnamese wood products failed to reach the target of US$2.5bil, earning $2.15bil in the first 11 months of the year, up 23.6% over the same period in 2006.
China and the United States agreed to work together to combat illegal logging and the associated wood trade in order to promote sustainable forest management, according to statement by both countries on Thursday.
Singapore's Minister for Trade and Industry Lim Hng Kiang on Thursday called on the country's furniture companies to sharpen their competitive edge in the face of increasing global competition.
The World Wide Fund for Nature (WWF) Malaysia's Forest and Trade Network (FTN) has received international support for its responsible purchasing of timber campaign in discouraging illegal logging.
