Published Date: 08/01/2025
- The continued recovery of the US housing market, Vietnam's biggest customer for wood and wooden products, will be the main catalyst for sustained growth in Vietnam's wood product exports in 2025.
- The combination of decreasing shipping costs and increasing demand is expected to boost order volumes for wood and wooden product exporting businesses.
- We prefer PTB thanks to the projected strong growth in its wood and stone products business, especially given the expansion of the US market, which is its primary export destination.