According to the timber enterprises in the province, many wooden orders that have been exported before are delayed, along with a number of countries that have closed and stopped trading goods (mainly markets of UK and USA) due to the Covid-19 epidemic, many businesses in the industry faced financial difficulties and export markets. In addition, the production and export situation of the timber industry is affected by importing countries applying restrictions on import and export or strengthening goods control to limit the spread of epidemics, leading to interrupting the progress of implementation of export contracts previously signed, causing large quantities of goods of many enterprises.
Facing the aforementioned difficulties, many wood enterprises in the province are trying to find domestic sources of raw materials to replace imported raw materials. In addition, many wood enterprises have built online sales systems, transacting via e-commerce exchanges. Currently this form accounts for more than 50% of the orders of wood businesses in the province.
Translated by Ngoc Thanh – Translated by Vi Bao
