Timber product exports to hit $8 billion

VietNamNet Bridge
October 9, 2017
Category: Business & Politics
Region: International

Nguyen Ton Quyen, vice chairman and General Secretary of Viet Nam Timber and Forest Product Association, said the impressive growth rate in the first nine months boosts prospects of the wood sector achieving its target. The sector earned $5.9 billion in export revenue from January to September, increasing 11 per cent from the same period last year. The wood export turnover reached some $700 million a month. Viet Nam’s wood products achieved the highest export growth from particle boards, artificial wood boards, melamine-faced chipboards (MDF) and wood pellets. The last three months of the year are generally the peak season for wood and wood product exports, so the industry’s target of $8 billion is deemed attainable.

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