Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products. It is expected to give Vietnamese wood exporters better market access and more opportunities to expand their business.
The Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance, and Trade (FLEGT) between the European Union (EU) and Vietnam will come into force on June 1, 2019.
The Vietnam Administration of Forestry (VNForest) launched an action plan on April 3 for communications to implement the Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) between Vietnam and the European Union (EU).
Vietnam will be able to boost its wood exports when the Vietnam-European Union Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) takes effect.
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 and the EU have agreed that Vietnam's Timber Legality Assurance System will be applied for wood and wood products exported to the EU, and also to other countries and in the domestic market.
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