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Forestry sector records largest-ever growth rate

Forestry production value has seen its largest-ever growth rate, reaching an average annual increase of 6.57 percent per year over the last three years, 1.54 percent higher than the level recorded in 2010-2012.
Forestry production value has seen its largest-ever growth rate,reaching an average annual increase of 6.57 percent per year over thelast three years, 1.54 percent higher than the level recorded in2010-2012.

Deputy Head of the VietnamAdministration of Forestry Nguyen Ba Ngai made the statement at aconference to review the two-year implementation of a forestryrestructuring plan held by the Ministry of Agriculture and RuralDevelopment (MARD) in Hanoi on July 3.

He said the growth rate is expected to hit 9-10 percent this year.

According to Ngai, the export value of wood and forestry productsexperienced a two-fold increase within the last five years from 3billion USD per year in 2010-2012 to 6.27 billion USD per year from2013-2015.
The conference heard that reforestation receiveddue attention during the period with over 200,000 hectares of forestplanted nationwide. The ministry built a number of intensive forestrymodels in localities as well.

However, restructuring remained limited as the plan has been implemented non-synchronously and slowly.

Addressingthe event, MARD Deputy Minister Ha Cong Tuan urged localities toswiftly approve activities for implementing the forestry restructuringplan.

Along with expanding high-yield forestry models,localities need to improve their policies in order to attract enterpriseinvestment in the field, Tuan added./.
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