A dialogue on and solutions to combat land degradation was held by the General Department of Forestry under the Ministry of Agriculture and Rural Development (MARD) on June 16 in Hanoi.
Vietnam expects to gain a total export value of 12.5 billion USD from timber, wooden products and forest products this year, up 10 percent year on year, according to the Vietnam Timber and Forest Product Association (VIFORES).
The central coastal province of Quang Nam has attracted eight foreign direct investment (FDI) projects worth nearly 15.9 million USD so far this year, lifting total FDI projects in the locality to 176 with a total investment of over 5.8 billion USD.
An exhibition on the history of the world’s coffee industry opened on March 9 at the Coffee World Museum in Buon Ma Thuot city in the Central Highlands province of Dak Lak.
The forestry industry has established itself as an important sector of the country. Vietnam has become the largest exporter of wood and wood products in ASEAN, second in Asia and fifth in the world.
Wood processing and forestry export must become a spearhead in Vietnam’s production and exports in the next ten years, making the country become the world’s leading forestry production and export hub, said Prime Minister Nguyen Xuan Phuc.
The Vietnam Timber and Forest Production Association (VIFORES) has called on the forestry industry to keep a close eye on US-China trade war developments in order to be able to respond quickly.