Forestry exports reach US$ 4.15 billion

The US, China, Japan and the Republic of Korea were the four largest importers of wood and wooden products from Vietnam.

According to the Vietnam Administration of Forestry, under the Ministry of Agriculture and Rural Development (MARD), the results are due to the restructuring in the forestry sector with a wide range of high value production models. In addition, development in the domestic wood market drove investment in forestry production.

Some 3,500 private and foreign direct investment businesses have diversified their forestry products and exported them to 100 countries and territories worldwide, mainly to the US, the EU, Japan, the Republic of Korea and China.

To improve the productivity and quality of forests, many localities have applied intensive cultivation models in order to boost afforestation while strictly managing seedlings.