Wood exports Inch up

by VTV27 December 2016 Last updated at 10:00 AM

VTV.vn - Vietnam is estimated to gain US$7.3 billion from the export value of wood and wooden products this year, a slight increase of 1% year on year.

The slight growth was due to strong reduction in the export value of wood chips compared with last year, or 61% of the export value of wood chips in 2015.

Decrease in exports of wood chips this year was due to a fall in demand for this product in the world market, especially from China. Vietnamese wood chip products have faced competition with similar products from other countries such as Thailand, Australia and some African nations./.

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