The Vietnam Administration of Forestry (VNFOREST) is drafting a decree of Vietnam Timber Legality Assurance and Agreement (VNTLAS), which is seen as a key tool to prevent illegal timber products. It is expected to help implement the country’s sustainable forestry...
With large shipments in the first eight months of the year, Viet Nam’s forestry sector expects to fulfill this year’s export target of US$9 billion a month ahead of schedule.
The export value of forestry products is projected to hit US$5.858 billion between January and August this year, increasing 13 per cent on year and accounting for 23 per cent of Viet Nam’s total agro-forestry-fishery exports.