Illustrative image (Source: VNA) Hanoi (VNA) - Forestry production growth in 2015 recorded a relatively high increase of 7.9 percent over the previous year, announced the Ministry of Agriculture and Rural Development.
The sector’s total output value increased by 10.89 percent and exports rose by 10 percent, exceeding 7.1 billion USD, Nhan Dan newspaper quoted the source as saying.
This is a noticeably high growth rate, as ten years ago the industry growth rate was only about 1-2 percent.
The high growth is thanks to the strongly growing domestic consumption and exports to foreign markets, forest plantation and production.
Preliminary timber harvested in 2015 was estimated at 8.3 million m3, an increase of 11.9 percent over the same period last year.
Newly-planted areas reached 244,800 ha, up 10.8 percent year-on-year, in which newly-planted protective and special-use forests made up 24,900 ha, an increase of 14.6 percent, while afforestation for commercial forests reached 220,000 ha, up 10.4 percent.-VNA
