The US is currently the largest importer of Vietnam's wood and wood products, accounting for over 50% of the market share. It is followed by China and Japan.
Among Vietnam’s top 15 export markets, wood and wood product exports to Spain sees the strongest increase, at over 63%.
Insiders emphasised the need for businesses to better their competitive edge through five pillars of production technology, low-emission manufacturing, management, trade promotion, and internal monitoring standards.
In particular, to prepare a legal and high-quality raw material supply for exports, the Ministry of Agriculture and Rural Development will continue to implement policies that encourage the development of large and certified sustainable forest management timber, and the development of cooperation and linkages in forest plantation production associated with the consumption of forest products./.
