{"id":77202,"date":"2019-03-04T12:29:41","date_gmt":"2019-03-04T12:29:41","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/vietnam-wants-push-wood-products-exports-value-us11-billion-2019\/"},"modified":"2025-09-19T08:50:04","modified_gmt":"2025-09-19T08:50:04","slug":"vietnam-wants-push-wood-products-exports-value-us11-billion-2019","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/vietnam-wants-push-wood-products-exports-value-us11-billion-2019\/","title":{"rendered":"Vietnam plans to push up wood products exports’ value to US$11 billion in 2019"},"content":{"rendered":"
\n

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and value-added export products.<\/em><\/p>\n

Prime Minister Nguy\u1ec5n Xu\u00e2n Ph\u00fac made the statement at a forum on the Vietnamese wood processing and export industry in 2018 and seeking breakthrough solutions for 2019 held in Hanoi on Friday.<\/p>\n

According to the Prime Minister, wood export value growth had exceeded the target set for last year thanks to new designs, value-added product and branding.<\/p>\n

The quality of the industry\u2019s sustainable development would depend on the processing and export stages this year and beyond, Ph\u00fac said.<\/p>\n

The PM said that in the next 10 years, Vietnam must join the top 15 nations in terms of agricultural development and become a leading centre for processing and exporting wooden products to the world.<\/p>\n

By 2030,\u00a0Vietnam\u00a0is expected to hold 30-50 percent of the global wooden product market worth $580 billion, instead of the 6 percent it held now, he said.<\/p>\n

In addition, Ph\u00fac said corporate and national brands for wooden products had not received enough attention so export value was not as high as expected due to the need to export via partners instead of directly.<\/p>\n

Nguy\u1ec5n Qu\u1ed1c Khanh, chairman of AA Construction Joint Stock Company, said branding could increase value of a company by up to 50 times. However, corporate branding in the local wood industry was still very weak.<\/p>\n

PM Ph\u00fac said the timber industry was still unstable and needed a long-term strategy for market development.<\/p>\n

Vietnam\u00a0had many timber enterprises but no major players capable of building a large-scale value chain. Finally, the industry needs to continue focusing on designs and models as well as scientific research.<\/p>\n

To achieve the goal of over $11 billion, Vietnamese Minister of Agriculture and Rural Development Nguy\u1ec5n Xu\u00e2n C\u01b0\u1eddng said the sector would effectively implement the Forest Law and compile regulations to implement new international commitments such as CPTPP and FLEGT-VPA for stable and sustainable development of the wood and forestry product processing industry.<\/p>\n

The industry would also ensure a supply of about 37.5 million cu.m of materials for the wood processing industry by continuing to develop large forests according to international practices and criteria; and limit exports of raw wood, C\u01b0\u1eddng said.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and value-added export products. Prime Minister Nguy\u1ec5n Xu\u00e2n Ph\u00fac made the statement at a forum on the Vietnamese wood processing and export … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":62038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[3309,3525,3429],"class_list":["post-77202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-exports","tag-vietnam","tag-wood-products","topic-forestry","topic-sawmilling","topic-wood-based-panels","area-asia-middle-east"],"acf":[],"yoast_head":"\nVietnam wants to push wood products exports' value to US$11 billion in 2019<\/title>\n<meta name=\"description\" content=\"Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and value-added 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