The southern province of Dong Nai generated more than 760 million USD in revenue from exporting wooden products in the first ten months of the year, representing an increase of 6 percent over the same period last year.

According to the provincial Statistics Department, in October alone export revenue increased to over 89 million USD, up by 12 million USD from the previous month.

According to the provincial Industry and Trade department, wooden products are one of the four commodities with the highest value, after footwear, garments and textiles. The most popular wooden products, furniture and plywood, are exported to big export markets such as the EU, the US and Japan.

Chairman of the provincial Handicrafts and Wood Industry Association Phan Van Binh said the Association has organised a number of trade promotion programmes with a view to supporting local businesses in studying markets, taking part in exhibition fairs and providing export and import training.

He added that the member businesses are promoting afforestation in a number of provinces in Vietnam as well as in Laos and Cambodia, aiming to generate material for production.

In 2015, the Association will improve its operations, boost its business support services and build supply chains to create favourable conditions for production.

The province currently is home to more than 600 timber enterprises, earning 2 billion USD in revenue last year, with almost 1.5 billion USD generated by exports. The province’s timber industry is accessing new markets in Latin America and Africa.-VNA