The forestry sector earned 4.15 billion USD from exports in the first six months of the year. (Photo: VNA) Hanoi (VNA) – The forestry sector earned 4.15 billion USD from exportsin the first six months of the year, accounting for 46 percent of the yearlyplan and up nearly 8.4 percent year on year.
The US, China, Japan and the Republic of Korea were the four largest importersof wood and wooden products from Vietnam.
The Vietnam Administration of Forestry under the Ministry of Agriculture andRural Development (MARD) attributed the result to restructuring in the forestrysector with a wide range of high value production models. In addition,development in the domestic wood market drove investment in forestryproduction.
Some 3,500 private and foreign direct investment businesses have diversifiedtheir forestry products and exported them to 100 countries and territoriesworldwide, mainly the US, the EU, Japan, the Republic of Korea and China.
To improve the productivity and quality of the forest, many localities have appliedintensive cultivating models to boost afforestation while strictly managingseedlings.
A total 9 million cubic metres of wood were exploited from planted forests in the first six months of the year, or 50percent of the yearly plan and up 2.3 percent from the same time in 2017.
Along with branching out forest areas, the MARD evaluated the development ofcooperatives and forestry value chain in some provinces such as Son La, QuangNinh, Quang Tri, Dak Nong and Ca Mau.
Five pilot models on economic cooperatives and forestry value chain are being establishedin those localities.-VNA
VNA
