Workers process wood at the Ho Nai company in Dong Nai Province. The southern province obtained $760 million from the export of wood products this year. — Photo baodongnai.com.vn

DONG NAI (Biz Hub) — The southern Dong Nai province generated more than US$760 million in revenue from the export of wood products in the first 10 months of the year.

This represents a 6 per cent increase year over year.

According to the provincial Statistics Department, in October alone, the export revenue increased to more than $89 million, up by $12 million from the previous month.

According to the provincial Industry and Trade department, wood products are one of the four commodities with the highest value, after footwear, garments and textiles. The most popular wood products – furniture and plywood – are exported to large markets such as the European Union, the United States and Japan.

Chairman of the provincial Handicrafts and Wood Industry Association Phan Van Binh said that the association has organised a number of trade promotion programmes with a view to support local businesses in studying markets, taking part in exhibition fairs and providing export and import training. The member firms are also promoting afforestation in a number of provinces in Viet Nam as well as in Laos and Cambodia, aiming to generate raw material for production. — VNS