The export value of forestry products accounted for 29.9% of the export value of the agricultural sector; of which, exports of wood and wood products were estimated at US$7.32 billion, a year-on-year increase of 9.6%, while non-timber forest products reached US$511 million, up 21.6%.

Vietnam forestry products exports increase by 10% despite pandemic.

Major export markets for the timber and forest products of Vietnam include the US, Japan, China, the EU and the Republic of Korea with a total export value of US$7 billion.

According to Do Xuan Lap, Chairman of the Vietnam Timber and Forest Product Association (VIFORES), thanks to its efficient pandemic control, Vietnam has become an attractive investment destination for many wood processing companies with turnover in the billions of dollars.

The industry should continue to restructure the whole production chain, from its varieties of trees to promoting sustainable forest management, and implement its commitments under the EU-Vietnam Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA-FLEGT), according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

Vietnam's wood and forestry exports expected to reach 12.5 bil in 2020

In 2019, Vietnam wood and forestry exports reach a new height of 11.2 billion USD, up 19.2% compared to 2018. The sector aims to earn 12.5 billion USD from exports in 2020.

Forestry export expected to hit record 11.3 billion USD in 2019

The forestry sector expects to earn an estimated 11.3 billion USD from exports this year, a year-on-year rise of 20 percent, according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

Agro-forestry-fishery exports generate over 33 billion USD

The agro-forestry-fishery sector raked in 3.6 billion USD from exports in October, raising the total export revenue in 10 months to 33.18 billion, rising 1.6 percent from the same time last year.

Agro-forestry-fishery export earns over 30 billion USD in 9 months

The agro-forestry-fishery sector raked in an estimate 30.02 billion USD from exports in the first nine months of 2019, up 2.7 percent year on year.

Agro-forestry-aquatic products post one-billion-USD export value

  

Source: NDO