Wood, forestry sector targets 25 billion USD in exports

For the 2025–2030 term, Viforest aims to reinforce its role as a hub for innovation, build long-term development plans and expand cooperation with ministries and international partners to support the sector’s green transition.

Export revenue from wood and wooden products is forecast to exceed 18 billion USD in 2025. (Photo: VNA)
Export revenue from wood and wooden products is forecast to exceed 18 billion USD in 2025. (Photo: VNA)

HCM City (VNA) –The Vietnam Timber and Forest Products Association (Viforest) convened its fifth congress for the 2025–2030 term in Ho Chi Minh City on December 11, outlining key tasks to support sustainable growth in the new period.

According to Viforest’s report, the sector maintained solid expansion over the past five years despite global trade fluctuations. Export revenue from wood and wooden products rose from 10.33 billion USD to 16.2 billion USD and is forecast to exceed 18 billion USD in 2025, keeping Vietnam the leading exporter in Asia and among the world’s top five.

202427-dai-hoi-hiep-hoi-go-va-lam-san-viet-nam-nhiem-ky-2025-2030-1.jpg
Viforest Executive Committee for 2025–2030 debuts at Congress (Photo: VNA)

These results were attributed to stronger coordination among enterprises, forest growers and state agencies, along with Viforest’s role in assisting firms with technical regulations, market information and trade-remedy responses. The gradual strengthening of the legal timber supply chain has also helped the industry meet stricter requirements in major markets.

However, Viforest noted that the sector continues to face structural challenges, including rising political and trade competition, origin fraud risks and tariff pressure. Limited management capacity and weak information coordination in some enterprises have slowed their reaction to market changes. Increasingly demanding standards on green production and emission reduction, particularly under the EU’s new deforestation regulation (EUDR) pose added difficulties for small and medium-sized firms.

For the 2025–2030 term, Viforest aims to reinforce its role as a hub for innovation, build long-term development plans and expand cooperation with ministries and international partners to support the sector’s green transition. The association identified five priorities, helping enterprises expand markets, strengthening branding, developing high-value products, promoting deeper processing and improving system-wide coordination and trade promotion.

Deputy Minister of Agriculture and Environment Nguyen Quoc Tri acknowledged Viforest’s contributions and called for faster adoption of new approaches to meet emerging standards, particularly those on legal timber and emissions. He also underscored the need to strengthen the legal timber supply chain and promote the image of a transparent, environmentally responsible processing industry.

The congress elected a 31-member Executive Committee for the new term, with Nguyen Quoc Khanh, Chairman of AA Corporation, chosen as Viforest President. He said the sector aims not only to expand export scale but also to increase added value, bringing greater benefits to forest growers.

To achieve the export target of 25 billion USD by 2030, he emphasised three directions: enhancing competitiveness through stronger linkages; building a national brand for Vietnamese wooden products; and diversifying markets, product lines and distribution channels.

He stressed the need for a resilient supply chain, improved production capacity, investment in green manufacturing and a data system aligned with international standards.

Viforest also encouraged enterprises to increase their presence at major global trade fairs, deepen connections with foreign partners and make better use of Vietnam’s overseas trade offices. Domestically, upgrading specialised exhibitions would help position Vietnam as a key destination for international buyers./.

VNA

See more

A Vinh Long official introduces signature local products to Korean guests. (Photo: VNA)

Vinh Long courts Korean investment in key sectors

Vice Chairman of the provincial People’s Committee Nguyen Truc Son vowed to accompany investors and provide them with optimal conditions, while building a transparent and stable business environment to secure long-term engagement from foreign enterprises, particularly those from Daejeon.

Delegates at the launching ceremony (Photo: VNA)

Digital platform on overseas market development launched

With Vietnam’s network of 64 trade offices overseas, Deputy PM Son noted that connecting them through a modern digital platform could help establish a unified national trade information system that operates efficiently, transparently and with strong forecasting capacity.

The Government’s issuance of Decree No. 72/2026/ND-CP revising preferential import tariffs on several petrol products and raw materials is a timely move to diversify supply sources. (Photo: VNA)

Fuel import tariff cuts strengthen Vietnam’s energy resilience: experts

Economic expert Dinh Trong Thinh said revising fuel import tariffs helps diversify supply sources and reduce reliance on traditional markets, thereby strengthening Vietnam’s ability to cope with potential global supply shocks. Ensuring access to multiple energy sources is also vital for safeguarding national energy security, he added.

Leaders of Dak Lak province inspect IUU fishing prevention and control efforts at Phu Lac fishing port, Hoa Hiep ward. (Photo: daklak.gov.vn)

Dak Lak readies for EC mission on anti-IUU fishing efforts

Dak Lak province is completing preparations for an upcoming European Commission (EC) inspection on efforts to combat illegal, unreported and unregulated (IUU) fishing, with a view to having the fisheries “yellow card” removed.

Vietnamese Ambassador to Argentina Ngo Minh Nguyet speaks at the event. (Photo: VNA)

Vietnam, Argentina promote trade, investment cooperation

On relations with South America, Nguyet noted that in December 2025, Vietnam and the Southern Common Market (MERCOSUR) announced the launch of negotiations for a Preferential Trade Agreement (PTA). She expressed her hope that the agreement will be signed soon, thereby further boosting trade and investment between Vietnam and MERCOSUR member states, including Argentina.

Customers buy petrol at a Petrolimex petrol station in Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

PM orders stronger measures to ensure stable petrol supply

The MoIT was instructed to direct key petrol producers and traders to proactively develop supply plans to guarantee adequate fuel provision for distribution systems, maintain regular sale operations, and sell products at listed prices. It must also closely monitor developments in global and domestic petrol markets and adopt appropriate management measures when necessary.

Farmers in Ca Mau province use combine harvesters to harvest rice. (Photo: VNA)

PM orders coordinated measures to stabilise rice production and markets

The Minister of Agriculture and Environment is tasked with instructing local authorities to closely monitor production developments, improve forecasting capacity, strengthen pest control measures, and proactively respond to adverse weather conditions to protect crops, maintain planned yields and output, and reduce production costs.

A worker refuels a vehicle at a petrol station in Hung Yen province. (Photo: VNA)

Fuel prices slashed as stabilisation fund used

According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.

Customers purchase petrol at Station No. 03 (Petrolimex Hung Yen) on Quang Trung Street, Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

Hung Yen takes measures to curb speculation, stabilise fuel market

Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.

The automobile assembly line of the Honda Phuc Yen factory in Phu Tho province (Photo: VNA)

Honda Vietnam sees decline in motorcycle, car sales

Sales of both motorcycles and automobiles by Honda Vietnam declined in February, dropping 19.6% and 41.8% year-on-year, respectively, according to the company’s latest business results released on March 11.

Team 2 of the Hanoi Market Surveillance Sub-department inspects operations of a Petrolimex petrol station on Tran Quang Khai street (Photo: VNA)

Hanoi maintains stable supply of petrol, LPG

The Hanoi Market Surveillance Sub-department said petrol and LPG trading activities across the city remain stable, with supply largely meeting demand despite volatility in global energy prices.

A Qatar Airways aircraft is seen at Noi Bai International Airport in Hanoi. (Photo: VNA)

Qatar Airways cancels 13 more flights amid Middle East conflicts

Statistics show that airspace across the Middle East has yet to return to normal operations, with multiple FIRs still imposing restrictions or partial closures. As a result, international flight operations through the region continue to face disruptions and route adjustments.