Wednesday, November 21, 2018 6:45:06 AM - Markets open
VN-INDEX 919.02 +2.96/+0.32%
HNX-INDEX 103.91 -0.04/-0.04%
UPCOM-INDEX 52.06 -0.34/-0.65%
Forestry exports estimated at 4.15 billion USD - 6/25/2018 1:34:30 PM
 (0 ratings. You must sign in to rate.)
The forestry sector earned 4.15 billion USD from exports in the first six months of the year, accounting for 46 percent of the yearly plan and up nearly 8.4 percent year on year.
The US, China, Japan and the Republic of Korea were the four largest importers of wood and wooden products from Vietnam.
The Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development (MARD) attributed the result to restructuring in the forestry sector with a wide range of high value production models. In addition, development in the domestic wood market drove investment in forestry production.
Some 3,500 private and foreign direct investment businesses have diversified their forestry products and exported them to 100 countries and territories worldwide, mainly the US, the EU, Japan, the Republic of Korea and China.
To improve the productivity and quality of the forest, many localities have applied intensive cultivating models to boost afforestation while strictly managing seedlings. 
A total 9 million cubic metres of wood were exploited from planted forests  in the first six months of the year, or 50 percent of the yearly plan and up 2.3 percent from the same time in 2017.
Along with branching out forest areas, the MARD evaluated the development of cooperatives and forestry value chain in some provinces such as Son La, Quang Ninh, Quang Tri, Dak Nong and Ca Mau. 
Five pilot models on economic cooperatives and forestry value chain are being established in those localities.-VNA
Read original article here
Newer News
12/11 PM urges banks to aid key economic sectors Read more at
23/10 Ha Noi focuses on e-commerce
31/08 Vietnam, China to open new border gate pair
17/08 Cement exports record strong growth
15/08 Vietnamese steel sector amidst US-China trade war
14/08 Rubber industry faces falling export price
14/08 US’s DoC levies anti-subsidy tax on Vietnamese laminated woven sacks
08/08 US initiates anti-dumping investigation into VN’s cold rolled steel
06/08 Agro-forestry-fishery exports grow 7.8 percent in 7 months
04/08 Vietnam works hard to have “yellow card” warning removed
Older News
20/06 Made-in-Vietnam tyres present in 128 markets
19/06 Garment-textile sector seeks to optimise opportunities from CPTPP
15/06 Seafood exports to China surge
15/06 TV market heats up for World Cup
12/06 28.49% anti-dumping duties levied on Vietnamese steel sheets
11/06 CPTPP lends momentum to Canadian investment
09/06 Measures sought to facilitate Vietnam’s shrimp export to US
06/06 Rubber exports see robust growth in May
05/06 US to crack down on illegal shrimp imports
05/06 Vietnamese garment firms expect to navigate Australia
Newsletter Signup
Top Stories
VN Index to rise amid volatility, weak liquidity
VN stocks continue rallying
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Market Update
Last updated at 3:10:47 PM
VN-INDEX 919.02 +2.96/+0.32%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.