The Ministry of Agriculture and Rural Development (MARD) also reports that wood exports to the US and China increased 19.85% and 57.88%, respectively for the first quarter of 2014 compared to the first quarter of last year, accounting for 52.89% of the country’s total export value.
The Vietnam Timber and Forest Products Association (VIFORES) said that the wood processing sector aims to achieve a target of US$6-6.2 billion in export turnover this year due to its bright prospects.
Last year, export turnover of wood processed items increased over 19%, gaining US$5.5 billion.
