Wood processing industry targets 20 billion USD in export by 2025

With the current good growth, the wood processing industry will achieve its export goal of 20 billion USD by 2025, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong at a working session with the Vietnam Timber and Forest Product Association (VIFORES) in Hanoi on January 9.

Processing wood for export (Photo: VNA)


HCM City (VNA) –
With the currentgood growth, the wood processing industry will achieve its export goal of 20billion USD by 2025, said Minister of Agriculture and Rural Development NguyenXuan Cuong at a working session with the Vietnam Timber and Forest ProductAssociation (VIFORES) in Hanoi on January 9.

In 2019, the forestry industry (includingtimber) was one among of the three sectors with export turnover of over 10billion USD, he said, adding that Vietnam has advantages in wood materialsources.

Chairman of VIFORES Do Xuan Lap said to achievethe aforesaid target, forestry and wood processing associations should seek acomprehensive solution to complete the building of an economic value chain forthe sector.

He suggested zoning off concentrated productionareas for wood enterprises, improving high-quality human resources training,and selecting the best wood raw material for development.

Meanwhile, Chairman of the Ho Chi Minh CityAssociation of Fine Arts and Wood Processing Nguyen Quoc Khanh recommendedexpanding investment in value chains from production, design, and trade to brandbuilding for wood products./.

VNA

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