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Wood and wood product exports exceed 1 billion USD in October

Updated: 13:04, 27/11/2019
Vietnam raked in more than 1 billion USD from wood and wood product exports in October, up 22.7 percent year-on-year, according to the General Department of Vietnam Customs.

Vice Chairman of the Ho Chi Minh City Handicraft and Wood Processing Association (Hawa) Huynh Van Hanh said this is the first time in just one month the export value of wood and wood products surpasses the 1-billion USD benchmark.

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Hanh said in recent years, the Vietnamese Government has effectively prevented origin fraud in which Vietnamese products are exported to foreign countries. Therefore, the wood and wood products export market is expected to be brighter in the last months of this year, he said.

However, timber enterprises still need to be very vigilant and resolute to say no to the origin fraud of exported timber and wood products, in order to maintain important markets including the EU, US and China and continue to grow impressively in the near future, Hanh said.

In 2018, wood and wood product exports brought home nearly 9 billion USD.

Insiders said that if the sector maintains the export turnover of about 900 million USD in the last few months, the country will this year certainly surpass the 10-billion USD mark for the first time.

Diversifying wood products to enhance competitiveness
(BGO) – The Department of Agriculture and Rural Development on August 8 organized a seminar on opportunities and challenges of wood processing and exporting wood products in the northern province of Bac Giang. 
CPTPP countries – potential markets for Vietnamese wood industry
Countries joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are potential markets for Vietnamese wood firms, said Nguyen Ton Quyen, Vice Chairman of the Vietnam Timber and Forest Products Association.
Green Ironwood Mushrooms produced in Son Dong district
(BGO) –The Mushroom Research and Development Center  (under the Agriculture Genetics Institute) is conducting the provincial level Technology Science Project of “Applying the technology science to build the model of green ironwood mushrooms production and development in Son Dong district, Bac Giang province”. 
Wood block exhibition spotlights Vietnam’s feudal names, capitals
An exhibition on names and capitals of Vietnam through the feudal age until 1945 as carved on printing wood blocks of the Nguyen dynasty opened in Hanoi on February 25.
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.

Source: VNA

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