Forestry export turnover estimated at nearly US$ 5.3 billion

According to the Vietnam Administration of Forestry under the Ministry of the Agriculture and Rural Development, the total export value of Vietnam’s forestry products is estimated at nearly US$ 5.3 billion in the first half of the year, an increase of nearly 20 percent compared to the same period of last year and reached 50 percent of this year’s target. 

(Illustrative photo:SGGP)

(Illustrative photo:SGGP)

Of which, the export turnover of timber and wooden products to the big markets as the United States, Japan, Europe, China and the Republic of Korea occupied 87 percent, contributing to affirming prestige and brand-names of Vietnamese forestry and wooden products in the international markets.

Currently, the forestry export of Vietnam is ranked first in the Southeast Asian countries, the second in Asia and the fifth in the world. 

BY KIM HUYEN- Translated by Huyen Huong

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