June 6, 2025

Wood: New Forests makes first Vietnam investment with Tavico Group partnership

New Forests has announced its first investment in Vietnam via its Tropical Asia Forest Fund 2 (TAFF2), acquiring a stake in Tavico Group, one of the country’s largest suppliers of solid wood lumber and logs. The move marks TAFF2’s fourth acquisition and its first in timber processing infrastructure in Vietnam, New Forests has said in a statement.

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Trade: Vietnam named in U.S. steel rebar trade petition alongside Algeria, Egypt, and Bulgaria

The Rebar Trade Action Coalition and its member companies filed a petition Wednesday with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC).  The petitioners are seeking Antidumping duties (AD) on imports of steel concrete reinforcing bar (rebar) from Vietnam, Algeria, Egypt, and Bulgaria, and Countervailing duties (CVD) on imports from Vietnam, Algeria, and Egypt.

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Import-Export: Vietnam trade turnover tops US$78.6 billion in May

Vietnam’s total import-export turnover in May reached US$78.64 billion, up 5.8 percent month-on-month and 15.5 percent year-on-year, according to the latest data from the National Statistics Office. In the first five months of 2025, total trade hit US$355.79 billion, up 15.7 percent compared to the same period last year.

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Vietnam News Roundup: May 30 to June 5

This week’s Vietnam news roundup covers the Trump Tower in Ho Chi Minh City, the dong’s continued slide even, the Saigon Square raid on counterfeit goods, trade tensions with the US, moves to speed up foreign work permits, and more…

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