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Update news vietnam wood industry
This year Vietnam targets earning $14.5 billion of export revenue from wood and forest products.
The ongoing coronavirus outbreaks are now threatening to bring the timber industry to its knees, with businesses and associations hoping for preferential vaccine treatment and financial support for test kits and other pandemic-related expenses.
In recent decades, the Vietnamese wood industry, from a small craft industry, has grown rapidly to become a global processing industry.
To expand Vietnam’s wood industry sustainably, its development strategy must not only focus on the policies of importing countries but also domestic priorities.
Vietnam is aiming to build a transparent and legal wood industry to support exports of timber products and bolster the domestic timber manufacturing industry.