Forestry exports estimated at 4.15 billion USD
The forestry sector earned 4.15 billion USD from exports in the first six months of the year, accounting for 46 percent of the yearly plan and up nearly 8.4 percent year on year.
Latest
| TIN LIÊN QUAN | |
 | Vietnam’s pepper industry bears ‘price shock’ |
| Aquatic exports rise by 10 percent in five months |
The US, China, Japan and the Republic of Korea were the four largest importers of wood and wooden products from Vietnam.
 |
| The forestry sector earned 4.15 billion USD from exports in the first six months of the year. (Photo: VNA) |
The Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development (MARD) attributed the result to 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 the US, the EU, Japan, the Republic of Korea and China.
To improve the productivity and quality of the forest, many localities have applied intensive cultivating models to boost afforestation while strictly managing seedlings.
A total 9 million cubic metres of wood were exploited from planted forests in the first six months of the year, or 50 percent of the yearly plan and up 2.3 percent from the same time in 2017.
Along with branching out forest areas, the MARD evaluated the development of cooperatives and forestry value chain in some provinces such as Son La, Quang Ninh, Quang Tri, Dak Nong and Ca Mau.
Five pilot models on economic cooperatives and forestry value chain are being established in those localities.
 | Vietnamese farm produce promoted in Japan Vietnam’s firms are striving to promote Vietnamese farm produce in the Japanese market at a trade promotion programme held within the 10th Vietnam festival in ... |
 | Exports of tra fish earns 438 million USD in three months Export turnover of tra fish reached 438.2 million USD in the first quarter of 2018, an increase of 18 percent year-on-year, according to the Association ... |
 | CPTPP likely to lift Vietnam’s garment exports to Australia Vietnam’s turnover from textiles and garment exports to Australia is forecast to reach a double-digit growth after the signing of the Comprehensive and Progressive Agreement ... |
(Source: VNA)
