Developing large timber forests for export

by VTV424 April 2018 Last updated at 12:44 PM

VTV.vn - In 2017, timber exports in Vietnam reached 8 billion USD and consumed 33 million cubic meters of timber.

However, the domestic supply only accounted for 2/3 of demand, with the rest being imported. While timber exports are increasing, the active preparation of materials has become very important. In addition to reforesting, transforming hundreds of thousands of hectares of small-timber forest into large timber forests production for materials is also an effective solution. This is the long-term solution to help ensure the availability of materials and reduce pressure from importing.

Vietnam now has over 1 million hectares of planted forests. There is a plan to convert 200,000 hectares in the immediate future to increase the supply of timber for processing.

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: 2024-11-22 15:35 UTC