Promoting domestic production of wood materials plays an important role in minimising instabilities related to wood imports for processing in the future, said insiders.
Vietnam is working hard to complete its legal corridor and tighten the examination and supervision of imported wood materials to ensure transparency in the wood sector and meet the strict origin rules in foreign markets.
Robust signs since the outset of the year have made the timber and forestry sector confident of gaining 11 billion USD in export revenue in 2019, beating the target of 10.5 billion USD.
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.
Sweden’s wood materials industry sees Vietnam’s wood processing industry as a potential market for its eco-friendly, competitive and sustainable materials, speakers at a seminar said.
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