Agricultural counsellor Robert Hanson of the US Embassy in Hanoi said that Vietnam is the top destination of the US’s raw hardwood in the Southeast Asia.
He stated the Forestry Law of Vietnam and the Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement between Vietnam and the European Union which became effective this year have ensured the legality and sustainability of Vietnamese wood products.
According to Mr. Ha Cong Tuan, deputy minister of the Agriculture and Rural Development, the country has become more actively in domestic raw wood materials. In the past three year, the Government had ended exploitation of natural forest and strongly developed forest plantations. Vietnam currently has more than 4.1 million hectares of forest plantations. Wood processing industry must become the key industry of Vietnam with a goal to serve domestic demand and export of around $20 billion by 2025.