Vietnam needs to invest in production capacity as to boost wood products exports
Vietnam's wood and forestry product export turnover reached over US$9.3 billion in 2018, accounting for more than 23 per cent of the agricultural sector's export value. Vietnamese enterprises have exported furniture directly to more than 120 countries and territories worldwide, topping Southeast Asia, ranking second in Asia and fifth in the world’s furniture market. It can be affirmed that the Vietnamese wood industry, after a specific period of development, has built a strong foundation for their production capacity and technological innovation, helping to gradually improve the corporate governance and earn them prestige in ...
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