"In the next 10 years, wood processing and export must become a key industry in Vietnam's production and export, and Vietnam will become a prestigious leading centre for woodwork production and export of the world," said Prime Minister Nguyen Xuan Phuc at the conference “Orientations and solutions for fast and sustainable development of wood processing and export". This is the first National Conference on wood processing and export held in Ho Chi Minh City.
Addressing the meeting, Prime Minister Nguyen Xuan Phuc affirmed that so few industries have been able to generate a double digit growth for 20 consecutive years as wood processing and forestry. Wood furniture has become a major export industry, and in 2017 the industry brought Vietnam US$8 billion, accounting for one fifth of Vietnam's total agricultural exports. One notable thing is that Vietnam is leading the Southeast Asia region, ranking second in Asia and fifth in the world in terms of wood export. This is a remarkable achievement for forest growers and more than 4,500 enterprises operating in wood processing, greatly contributing to the country's economic and social benefits and environment.
On behalf of the Ministry of Industry and Trade, Deputy Minister Tran Quoc Khanh pledged to work closely with MARD in the coming time to promote the development of Vietnam's wood and forest products industry to a new height.
My Chau - VCCInews
Related News
- The wood industry still goes ‘one leg’
- Official anti-dumping duties imposed on Chinese tables, chairs
- Vietnamese furniture products introduced at UK exhibition
- Việt Nam strives to be global processing center of export timber
- Việt Nam sets new record in agro-forestry-fishery exports this year
- Businesses suspend production, tens of thousands of workers lose their jobs before Tết
- Unwelcome break: wood workers get a month off for Lunar New Year
- Rising inflation poses challenge to businesses