Tuesday, 10 November 2009

Wood Market on Path to Recovery

http://myinvestingnotes.blogspot.com/2009/11/wood-market-picks-up-speed-in-vietnam.html

In May 2009, the U.S. economy also showed signs of recovery, and the housing market warmed up. Encouraging signals also emerged in Japan and Europe in July and August 2009. Therefore, Vietnam’s export revenue has fared better and posted month-on-month increase since May. At present, wood processing enterprises have received many orders. These indicate that Vietnam’s wood processing sector is on the path to recovery.

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