Vietnamplus

Wood processing and export businesses in the southern province of Binh Duong have been making every effort to overcome difficulties facing the industry.

Vietnam expects to earn 25 billion USD from the export of wood and wooden products by 2030.

Vietnam’s exports of wood and wooden products are expected to rake in 18.5 billion USD in 2025 and 20.4 billion USD in 2030, per a project freshly approved by Deputy Prime Minister Le Van Thanh on March 10.

Vietnam’s exports of wood and wooden products are expected to rake in 18.5 billion USD in 2025 and 20.4 billion USD in 2030, per a project freshly approved by Deputy Prime Minister Le Van Thanh on March 10.

Despite two official scenarios predicting wood and wooden products exports to rake in less than 14.5 billion USD this year due to the COVID-19 pandemic, the country's export revenue is now estimated at 14.72 billion USD.

Despite the impacts from the COVID-19 pandemic, wood and wooden product exports still posted impressive growth due to the efforts of many businesses to apply advanced technology, develop new products, and make use of online marketing channels.

Thua Thien-Hue province’s export revenue of wood and wooden products in the first half surged 40 percent year-on-year to nearly 60 million USD, according to the local Department of Industry and Trade.

Export turnover of wood and wooden products reached nearly 3.12 billion USD in the first four months of the year, a year-on-year increase of 18.3 percent, according to the General Department of Vietnam Customs.

Forestry product exports in January is estimated at 903 million USD, a rise of 11 percent over the same period in 2018, reported the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.

Vietnam’s south-eastern provinces have reported not only high economic growth in 2018 but also a trade surplus.

A conference seeking solutions to boost rapid and sustainable growth of the wood and forestry processing and export industries will be held in Ho Chi Minh City on August 8.

An upturn has been seen in exports of wood and wooden products, with export value in the first five months of 2018 reaching 3.3 billion USD, up 8.2 percent from the same period last year.

Vietnam’s exports of forest products are expected to reach 9 billion USD in 2018, experts have said.

The country’s exports of forestry products are expected to top 9 billion USD this year, with wood and wooden products accounting for 8.5-8.7 billion USD, according to the Handicraft and Wood Industry Association of HCM City (Hawa).

The export turnover of Vietnamese wood and wooden products is estimated at 6.15 billion USD since the beginning of this year, up 10.1 percent year on year.

The export value of agro-forestry-aquatic products reached 10.8 billion USD in the first four months of 2017, a year-on-year surge of 9.1 percent.