Vietnam’s forestry sector enjoyed a trade surplus of more than 4 billion USD in the period, said Director General of the administration Nguyen Quoc Tri.

The US, Japan, the European Union (EU), China and the Republic of Korea remained the largest importers of Vietnamese forestry products, accounting for some 87 percent of the industry’s total export value.

The export of forestry products in the first half of 2019 fetched about 5.3 billion USD, a year-on-year surge of nearly 20 percent.

To date, Vietnam maintained its position as the leading exporter of forestry products in Southeast Asia, the second largest in Asia and the fifth in the world.

The Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) between Vietnam and the EU officially took effect on June 1, 2019. It shows the commitment of Vietnam and the EU to promoting the implementation of the "Trade and Sustainable Development" programme in the framework of the EU-Vietnam Free Trade Agreement.

Last year, Vietnam raked in some 9.3 billion USD from shipping forestry products to foreign nations. The country eyes 10.5 billion USD in export value this year.

Vietnam is now home to 4,500 enterprises specializing in processing and exporting wood and forestry products. They include more than 700 foreign-invested businesses, most having large production scales using advanced technology.

2018 a successful year for wood industry

2018 was a successful year for the wood industry, with the export of wood products earning the country over 8.9 billion USD (not including non-wood forestry products), up 14.5 percent from the previous year.

Quang Binh to introduce local images to Hollywood

The tourism department of central Quang Binh province announced on January 21 plans to woo Hollywood moviemakers.

RoK-funded wooden walk along Huong river inaugurated

A walk along Huong river was inaugurated and put into use in the central province of Thua Thien-Hue on January 15. 

‘Stamps in Time’ displays woodblock prints in Hoi An

‘All you need is a piece of wood, ink, paper and a knife’ to create art, says British expat Jack Clayton.

Thang Long citadel featured through woodblocks

An exhibition featuring the Thang Long imperial citadel through the Nguyen dynasty’s woodblocks was held at the relic site in Hanoi on November 23 as part of activities to mark the Vietnamese Heritage Day.

Source: VNA