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Update news Wood processing industry
The wood processing industry has set an export goal of US$20 billion by 2025.
Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Viet Nam Timber and Forest Product Association has said.
According to a market research by Forest Trend, in the first five months of this year, the number of new FDI projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.
Nguyen Ton Quyen, Vice Chairman cum Secretary General of the Viet Nam Timber and Forest Product Association, speaks to Hải quan cuối tuần newspaper on some measures to ensure raw material supply for the Vietnamese wood sector