Preparations for wood origin tracking needed

by VTV418 December 2017 Last updated at 07:22 AM

VTV.vn - Vietnam and the European Union have finished negotiations and are prepared for the signing of the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLEGT) at the end of 2018.

According to the VPA, all wooden products exported to the EU must have legal origins. This is said to have a huge impact on wood furniture manufacturers and exporters because many Vietnamese businesses still find it difficult to understand the origin tracking process and what constitutes legal wood. 

Vietnamese wood products have been exported to more than 120 countries and territories with the US and Europe being the largest markets.

Experts say that the signing and implementation of the VPA/FLEGT and wood origin tracking will help Vietnam improve its wood industry towards more sustainable development.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-04-24 21:08 UTC

WEATHER FORECAST