Vietnam’s wooden products are expected to fetch 3 billion US dollars in
2008, a 30 percent increase against the year before, according to the
Ministry of Industry and Trade (MIT). The figure has increased
from 219 million US dollarsin 2000 to
2.34 billion US dollars in 2007.
The Vietnamese-made furniture have found good niche in some 120
countries and territories worldwide, including the US, the UK, Germany,
China, the Republic of Korea and European countries. The US remains the
biggest market of Viet Nam’s woodwork with the export turnover of 930
million US dollars in 2007, accounting
for 40 percent of the total. In 2008, woodwork export to the US
market is expected to reach 1.1 billion US dollars.
For the EU market, the woodwork sector hopes to earn 780 million US
dollars in 2008, up 30 percent against 2007.
- Viet Nam’s wood producers are relying on imported
materials, up to 80 percent, which makes the industry dependent on the
fluctuating world market.
- To strengthen the fledging industry, many measures
have been put on the table, including afforestation,processing
technologies, credit and vocational training.
- Besides effort to reduce the volume of imported
artificial planks by 50 percent by 2010, the MIT also gave priorities
to diversifying products and improving the products quality.
In an interview with Nguyen Ton Quyen, Deputy Chairman
of the Wooden and Forestry Products Association, by
VietNamNet Bridge, Mr. Nguyen Ton Quyen added on some
more points concerning problems of the wood processing
industry in Vietnam as follows:
- Vietnamese wood processors still have small
- The Government still has not released the overall
plan on wooden products development
- Currently, most of the forest land (nearly 5 million
ha) are being managed by state owned yards and local authorities. 3.1
million ha of land have been allocated to more than 1 milionl
households and individuals to develop forests. However, only
20-30% of the allocated land have been used for other purposes. At the
same time, the 70% has not made any progress for the industry. Many
large investors with forestry projects can not allocate land for their
- the master plan for the wood processing industry
should define the key products for the wood processing industry, which
are the competitive products of Vietnam on the world’s market such as
wooden furniture, fine arts or artificial boards. The definition of the
key products will decide the planning of material growing areas and
of our useful articles: