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Vietnam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions, reported a government official familiar with the sector. ....
Russia-Ukraine conflict adversely impacts Vietnamese wood industry english.vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.vov.vn Daily Mail and Mail on Sunday newspapers.
The figures were revealed at a conference held by the Vietnam Administration of Forestry on December 28. Bui Chinh Nghia, deputy head of the Vietnam Administration of Forestry, said that Vietnam’s forestry export value this year is estimated at 15.87 billion USD, a year-on-year rise of 20%. Of the number, the export revenue of wood and wood products reached 14.72 billion USD, and that of non-timber forestry products was 1.15 billion USD. In 2021, the total export value of wooden furniture and forest products is estimated at 15.87 billion USD. (Photo: sggp.com.vn) In addition, forest environmental services revenue reached 3.115 trillion VND, exceeding 11% of the 2021 collection plan, an increase of 21% over the same period last year. The forest coverage rate so far has reached 42.02%, an increase of about 3,300 ha compared to 2020. The sector accounted for over 30% of the country’s total agro-forestry-fishery export revenue, 4.7% of the country’s cumulative export value, and was ....