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January 13, 2020

Vietnam’s wood products exports to hit US$11.5 billion this year

According to figures from the Vietnam Timber and Forest Product Association (VTFPA), Vietnam’s wood exports value in 2019 is set to reach US$11.5 billion, exceeding the industry’s target of $10.5 billion and contributing to a 20 percent growth compared to 2018.  Đỗ Xuân Lập, chairman of the VTFPA, said Vietnamese firms had been able to enter and gain footholds in numerous markets around the world, overcoming their shortcomings and limitations.  Exports of wood products to the U.S. saw a sharp rise in 2019, as well as robust growth in ...

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