The first Vietnam Forest Product Festival will take place in Quy Nhon, city of central Binh Dinh province from March 26-29, 2011.

The Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, the Ministry of Information and Telecommunications, the Ministry of Culture, Sports and Tourism, the Vietnam Timber and Forest Product Association (VIFORES) and the provincial People’s Committee announced the event on Dec. 20 in Quy Nhon city.

According to the organising board, about 125 businesses from 12 cities and provinces have to date registered to showcase their products at 350 pavilions.

In addition, consulates and trade missions from the Netherlands, the United Kingdom, France, Japan, China, Russia and other international organisations like JETRO, WWF, SWITCH, will also take part in the event.

The festival includes an exhibition on wooden and forest products and ornamented fauna and flora with the participation of 200 local and foreign units.

Besides, seminars to promote trade in this field as well as cultural and culinary festivals will also be held, he added.

According to statistics, Vietnam earned 310 million USD from export of timber and wooden products in November, an increase of 29.56 percent over the same period last year, bringing the total export turnover in the first 11 months of this year to over 3 billion USD.

Vietnam mainly ships wooden products to the United States , the European Union, Japan , China , Canada and the Republic of Korea .

Binh Dinh province is one of the country’s four largest timber producers with about 150 timber and forest product firms and annual production of 150,000 cu.m. of processed wood and 300 tonnes of wood chip. The province earns about 250 million USD from export of wood products, accounting for 60 percent the province’s total export.

The province has over 400,000 hectares of material forests, supplying about 300,000 cu.m of material for the wood processing industry./.