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.

Deputy Head of the Vietnam Administration of Forestry Nguyen Ba Ngai made the statement at a conference to review the two-year implementation of a forestry restructuring plan held by the Ministry of Agriculture and Rural Development (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 products experienced a two-fold increase within the last five years from 3 billion USD per year in 2010-2012 to 6.27 billion USD per year from 2013-2015.
The conference heard that reforestation received due attention during the period with over 200,000 hectares of forest planted nationwide. The ministry built a number of intensive forestry models in localities as well.

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

Addressing the event, MARD Deputy Minister Ha Cong Tuan urged localities to swiftly approve activities for implementing the forestry restructuring plan.

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