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Weekly News: Vietnam Plywood Market Updates: Freight Rates, Taxes, and Industry Trends

Hanoi, Vietnam – May 9, 2025 – As a leading plywood manufacturer in Vietnam, Fomex Global brings you the latest updates on the Vietnam plywood industry, covering freight rates, tax developments, and market dynamics for high-quality plywood in Vietnam. This week’s news highlights critical shifts impacting film-faced plywood in Vietnam and commercial plywood in Vietnam, offering insights for global buyers and industry stakeholders. At Fomex Global, our strategic message remains clear: We don’t just sell wood – we deliver tailored solutions for every customer.

 


Rising Freight Rates Impact Vietnam Plywood Exports

Global shipping costs continue to challenge the Vietnam plywood market. According to recent data from the Drewry World Container Index, average container freight rates rose by 3% week-on-week, with Asia-to-Europe routes seeing a 5% increase due to port congestion and vessel capacity constraints. For plywood manufacturers in Vietnam, this translates to higher logistics costs, particularly for exports to key markets like the Middle East, Europe, and the USA.

Despite these challenges, Fomex Global maintains efficient logistics networks, leveraging Vietnam’s strategic port infrastructure to ensure timely delivery of film-faced plywood in Vietnam and commercial plywood in Vietnam. Our robust supply chain management minimizes delays, offering customers cost-effective solutions without compromising quality.

Tax and Trade Policy Updates

The Vietnam plywood industry faced notable trade policy developments this week. The U.S. Department of Commerce announced preliminary findings in its anti-dumping investigation into hardwood plywood imports from Vietnam. While no final duties have been imposed, potential tariffs could range from 10-20%, pending further review by June 2025. This follows concerns raised by U.S. producers about competitive pricing from high-quality plywood in Vietnam.

In response, plywood manufacturers in Vietnam, including Fomex Global, are emphasizing compliance with international trade standards. Our products, certified with FSC-COC, CARB-P2, and ISO 9001:2015, meet stringent environmental and quality requirements, ensuring seamless market access. For buyers, this reinforces the reliability of film-faced plywood in Vietnam for construction and commercial plywood in Vietnam for furniture and packaging.

Market Dynamics: Demand for High-Quality Plywood in Vietnam

Global demand for Vietnam plywood remains strong, driven by construction and furniture sectors in Asia, Europe, and North America. A report by the Vietnam Timber and Forest Product Association (VIFOREST) noted a 7% year-on-year increase in plywood exports in Q1 2025, with film-faced plywood in Vietnam gaining traction for its durability in formwork applications. Similarly, commercial plywood in Vietnam is favored for its versatility and cost-effectiveness.

However, supply chain disruptions, including raw material shortages due to seasonal weather in Vietnam, have slightly constrained production. At Fomex Global, our six factories across Hoa Binh, Bac Giang, Phu Tho, Hanoi, Hung Yen, and Thanh Hoa provinces maintain a combined capacity of 18,100 m³ per month, ensuring consistent supply of high-quality plywood in Vietnam. Our commitment to sustainable sourcing and advanced manufacturing processes positions us as a trusted plywood manufacturer in Vietnam.

Fomex Global: Delivering Tailored Solutions

Amid these market shifts, Fomex Global stands out by offering more than just products. We don’t just sell wood – we deliver tailored solutions for every customer. Whether you need film-faced plywood in Vietnam for heavy-duty construction or commercial plywood in Vietnam for bespoke furniture, our team provides customized specifications, rigorous quality control, and dedicated support. With over 30 overseas markets, including Malaysia, Singapore, Japan, Korea, and the USA, we combine trust, professionalism, and efficiency to meet your needs.

Looking Ahead

The Vietnam plywood industry is navigating a complex landscape of rising freight costs, potential trade tariffs, and robust demand. As a leading plywood manufacturer in Vietnam, Fomex Global remains committed to innovation, sustainability, and customer-centric solutions. Stay tuned for next week’s updates, and contact us at

  • Email: qc@fomexgroup.vn | sales@fomexgroup.vn | sales1@fomexgroup.vn | sales2@fomexgroup.vn | sales3@fomexgroup.vn
  • Phone: +84 877 034 666
  • Visit:https://fomexgroup.vn

to explore how our high-quality plywood in Vietnam can elevate your projects.

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