EXPORT OF WOOD AND FOREST PRODUCTS WILL REACH USD 7 BILLION FROM NOW

Wednesday, 14 October 2015 09:42

       According to the report of Vietnam Administration of Forestry from 2011 until now, the production of exploiting wood from planted forests has increased more than 2 times within 5 years, from 6.05 million m3 in 2009 to 15 million m3 in 2013. Exploitation of wood from natural forests are managed more closely towards sustainability.

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        The export of wood and forest products has increased by approximately 1.5 times in 3 years, from $ 4.2 billion in 2011 to $ 5.7 billion in 2013. It is expected to reach $ 7 billion by 2015.
        At the same time, the Ministry will implement the projects of planning and converting the types of forest plants for restructuring industry; conduct an investigation to assess the status of forest products companies of the United States for establishing specific policies and mechanisms for forest products companies of the United States. /.