Vietnam’s forestry exports totaled US$2.68 billion in the first two months of 2024, an increase of 47.4% year-on-year.
The sector enjoyed a trade surplus of about $2.46 billion in the period.
This year, the agriculture sector is aiming for $15.2 billion in forestry exports, of which $14.2 billion will come from the export of wood and wood products, up 6% year-on-year.
The industry will therfore strictly control and wood imports, ensure wood is of legal origin before processing, and encourage the use of raw wood sources from domestically grown forests.