More than 400 Vietnamese firms are exporting timber products to Europe, which is the 4th biggest market for Vietnam’s wood exports, accounting for over 10 percent of the country’s total export of the products.
Vietnam’s signing of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) with the European Union (EU) will help the country boost wood product exports to not only the EU but also many other markets, according to an official.
The Vietnam Administration of Forestry (VNFOREST) and the Lao Department of Forestry Inspection (DOFI) sat down in the central province of Ha Tinh on October 30 to review their cooperation in forestry law enforcement.
Prime Minister Nguyen Xuan Phuc on October 29 welcomed a delegation from the European Parliament (EP)’s Committee on Fisheries led by Gabriel Mato, MEP and committee spokesperson.
Prime Minister Nguyen Xuan Phuc and his spouse arrived in Hanoi on October 21, wrapping up his working trip to attend the 12th Asia-Europe Meeting Summit (ASEM 12) and the Partnering for Green Growth and the Global Goals 2030 (P4G) Summit, and visit Austria, Belgium and Denmark from October 14-21.
Prime Minister Nguyen Xuan Phuc left Brussels on October 19 afternoon (local time), concluding his attendance at the 12th Asia-Europe Meeting Summit (ASEM 12), a working visit to the European Union and an official visit of Belgium.
Prime Minister Nguyen Xuan Phuc held bilateral meetings with many foreign leaders on the sidelines of the 12th Asia-Europe Meeting (ASEM) Summit in Brussels on October 18 and 19 (local time).
Prime Minister Nguyen Xuan Phuc has witnessed the signing of the Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) between Vietnam and the European Union.
Vietnam raked in more than 6.7 billion USD from exporting its main forestry products in the first nine months of 2018, up 15.91 percent year-on-year, accounting for 23.17 percent of the total export turnover of the agricultural sector.
Vietnam has exported timber products directly to 120 countries and territories instead of having to go through a transit market like China’s Taiwan, Singapore and the Republic of Korea (RoK) to export to the third country.
Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
Forestry posted the highest trade surplus, at 3.23 billion USD, amongst agricultural sectors in the first half of 2018, according to the Vietnam Administration of Forestry (VNForest).
Forestry posted the highest trade surplus, at 3.23 billion USD, amongst agricultural sectors in the first half of 2018, according to the Vietnam Administration of Forestry (VNForest).
With 15.8 percent growth in the first five months of this year to 93.09 billion USD, achieving export growth target of more than 10 percent for the whole year is feasible.
A consultative workshop on the draft Decree detailing the implementation of a number of articles of the Law on Forestry took place in the northern province of Quang Ninh on May 31.
Indonesia and the UN Food and Agriculture Organisation (FAO) renewed cooperation in support of forest governance and timber legality, according to a recently-released press statement.
Vietnam’s exports account just 6 percent of the global timber and wooden furniture market which is estimated at 120 billion USD, said a local official.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong has paid a four-day trip to the European Union and Belgium to boost cooperation and share Vietnam’s efforts to fight IUU fishing.
