Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year, an increase from the 14.47 billion USD last year which was down 15.4% from 2022. According to the Department of Forestry, the fundamental reason of the last year's fall is that consumers reduced their spending on non-essential items such as wood and wood products to deal with rising prices caused by geopolitical crises. In addition, several businesses saw value-added tax refunds delayed, making it harder for them to raise finance for manufacturing, while ...