Despite Covid-19, the forestry obtained total export turnover of $13 billion worth of timber and wooden exports this year. Nguyen Quoc Tri, director general of the Vietnam Administration of Forestry, revealed at events held on the 75th anniversary of the forestry sector that the sector has been growing rapidly in recent years, topping the top 10 agricultural export items, earning tens of billion of dollars, thus making a great contribution to economic development. According to Tri, Vietnam exported $11.3 billion worth of forestry products last year, while the figure will rise to $13 billion, accounting for 2.3 percent of Vietnam’s total export turnover and 26 percent of total turnover from farm, forestry and seafood exports. Vietnam has become the fifth largest exporter in the world, the second in Asia and the first in Southeast Asia, in forestry produce. Vietnam woodworks are present in 120 countries and territories. The forestry sector also earns money from non-timber forestry products and forest environment services. In 2011-2019, roughly VND2 trillion a year was paid to forest owners and the residential communities who participated in forest protection. Tri stressed that the forestry sector has actively helped eliminate hunger and reduce poverty as it has attracted… Read full this story
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