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August 16, 2018

Vietnamese wood products exports expected to double in the upcoming years

Vietnam's government is very positive regarding the wood and woodworking industry, as earning export revenues of $18-20 billion are forecast by 2025.  Prime Minister Nguyen Xuan Phuc asked the public ministries to help wood businesses overcome difficulties and boost their performance, during the recent “Sustainable Development for Wood Exports” conference held in Saigon.  As reported by VN Express, listing challenges facing the industry, the conference heard that wood logged from local plantations was of low quality because the trees were young, while material imports were getting thinner as many countries tightened export controls to ...

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