Vietnam’s $15B wood industry adapts to US countervailing duties - News Summed Up

Vietnam’s $15B wood industry adapts to US countervailing duties


The US government’s countervailing tariffs on Vietnamese wood products have posed significant challenges for exporters. Yet, Vietnam’s wood industry is demonstrating notable resilience, with businesses actively adapting and charting new directions. Data from the Ministry of Industry and Trade shows that wood and wood products alone account for about $15.5 billion, reaffirming Vietnam’s lead in Southeast Asia and its position as Asia’s second-largest wood exporter. From zero to $400 million in four yearsA standout example is Huynh Le Dai Thang, Director of Nghia Son Wood Company. Currently, only about 10–15% of Vietnamese wood businesses have the capacity to develop their own designs.


Source: VietNamNet News December 21, 2025 00:28 UTC



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