Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products, thus minimising illegal timber trading at border areas, heard a dialogue held in Ho Chi Minh City on October 22.
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.
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.
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.
The Mekong Delta province of Vinh Long plans to develop nine industrial clusters with a total area of 492.5 ha from now to 2020, and another five industrial clusters with a combined area of 165.49 ha during the 2020-2030.
Wood processing and export businesses of Vietnam hold many opportunities to expand market and increase export value in the time ahead, experts said at a workshop in Ho Chi Minh City on March 7.
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).
Vietnamese enterprises, regardless of size, should use enterprise resource planning (ERP) solutions to optimise their resources and improve their efficiency.
The 12th International Woodworking Industry Fair (VietnamWood 2017), the biggest of its kind in Vietnam, kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on October 18.
Riding on its successful performance two years ago as Asia’s leading exhibition of wood processing solutions for the furniture sector, the biennial Vietnam International Woodworking Industry Fair (VietnamWood) will return to Ho Chi Minh City with a greater momentum from October 18-21.
The northern mountainous province of Lang Son has raised the forest coverage to 60 percent thanks to its efforts in calling for the engagement of businesses and residents in forest development.
The wood processing sector will have more room for development as Vietnam participates in more free trade agreements, according to the Handicraft and Wood Industry Association of HCM City (HAWA).
The northern mountainous province of Yen Bai aims to develop comprehensive raw material and hi-tech processing facilities to boost the development of its agro-forestry-fishery sector.
The price of several kinds of lumber in Vietnam had gone up due to scarcity created by unexpected Chinese purchases, creating pressure on the domestic wood business and Vietnam’s wood industry.
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