Business

Forestry exports up 47% in Jan-Feb

Vietnam earned 2.68 billion USD from forestry exports in the first two months of 2024, up 47.4% year-on-year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development.
Forestry exports up 47% in Jan-Feb ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Vietnam earned 2.68 billion USD fromforestry exports in the first two months of 2024, up 47.4% year-on-year,according to the Department of Forestry under the Ministry of Agriculture andRural Development.

The sector enjoyed a trade surplus of about 2.46 billion USDin the period.

This year, the agriculture sector is striving for 15.2billion USD in forestry exports, of which 14.2 billion USD will come from theexport of wood and wood products, up 6% year-on-year.

To that end, the industry will strictly control and manageimported wood, ensure wood is of legal origin before processing, and encouragethe use of raw wood sources from domestically grown forests.

In addition, it will promote trade promotion activities,develop markets in new potential regions, and organise international fairs,while encouraging wood processing and exporting enterprises to link with forestgrowers in production chains./.

VNA
#Vietnam #forestry exports #Department of Forestry #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Vietnamese manufacturers’ production capacity, product quality and reliability are helping strengthen their position in US retail supply chains (Illustrative image, Source: VNA)

US retailers widen sourcing drive in Vietnam

Despite tariff changes and major shifts in global supply chains, US buyers continue to value Vietnamese suppliers. In the first seven months of this year, the US remained Vietnam’s largest export market, with export turnover reaching 104.7 billion USD, up 23% year-on-year.

Vinachem affirms its position as a leading chemical enterprise at the Autumn Fair 2025 (Photo: VNA)

Vietnamese enterprises renew growth model to move up global value chains

The resolution identifies enterprises as the centre of the renewal process, urging them to shift from cost-based competition to productivity, technology, quality and market responsiveness; from operating independently to joining industrial ecosystems; and from participating in value chains to mastering and eventually leading them.

Key export sectors such as textiles – garments, footwear and furniture, along with many signature products of Da Nang, have strong potential to expand their markets through online export channels. (Photo: VNA)

Da Nang seeks to boost online exports

To help businesses go global, Da Nang is shifting from supporting individual online activities to developing an integrated ecosystem covering products, branding, platforms, payments, logistics, legal issues and market information. This is also part of the city’s e-commerce development orientation for 2026-2030, which identifies e-commerce as an important component of the digital economy.

Deputy Minister of Foreign Affairs Le Thi Thu Hang receives Rolf Mutzenich, a member of the Foreign Affairs Committee of the German Bundestag, in Hanoi on August 18. (Photo: baoquocte.vn)

Vietnam welcomes German firms’ expansion

Vietnam welcomes and stands ready to create favourable conditions for German businesses to expand their investment and operations in the country, particularly in infrastructure, smart seaports, renewable energy, high-speed railways, science and technology, and high-quality human resource training.

Khanh Hoa province has the largest sheep population in Vietnam, with around 100,000 individuals. (Photo: VNA)

Khanh Hoa province explores Halal ecosystem development

Khanh Hoa aims to estabish itself as a Halal-friendly destination while supporting businesses in expanding export markets, attracting strategic partners and investors, and drawing projects from countries with strong Halal logistics, tourism, manufacturing, processing and agriculture sectors.

The proportion of Vietnamese goods remains high at supermarkets. (Photo: VNA)

Vietnamese brands win over domestic consumers to go global

Amid increasingly fierce global competition, the goal is no longer simply to increase domestic consumption of Vietnamese goods, but to develop strong Vietnamese brands capable of winning consumers through quality, innovation and added value, thereby creating a stepping stone for expansion into international markets.

Illustrative image (Photo: VNA)

Automated VAT refunds to be rolled out from December

As of August 11, VAT refunds rose 32% from a year earlier, reaching 64.4% of the full-year estimate. Tax authorities issued 11,627 refund decisions totaling 111.726 trillion VND (4.26 billion USD), up 9% by volume. The payouts improved cash flow for companies and supported production, trade and exports.

ST25 rice is the centrepiece of the Vietnam Goods Week at Selgros. (Photo: VNA)

ST25 rice officially enters Selgros wholesale supermarket chain in Germany

The placement of ST25 rice on Selgros shelves not only creates an additional opportunity for German consumers to access Vietnamese rice products, but also contributes to efforts to increase the added value of Vietnamese agricultural products by shifting the focus from volume to quality, branding and value.

Trains on the elevated section of the Cau Giay – Nhon route in Hanoi provide convenient transportation for local residents. (Photo: VNA)

Multimodal connectivity to drive Vietnam’s transport infrastructure

Under the proposed approach, roads would serve mainly as connectors and for first- and last-mile transport; railways would handle large volumes over long distances; maritime transport would serve import and export cargo; inland waterways would carry large volumes at low cost; and air transport would focus on fast delivery and high-value goods.