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Việt Nam is likely to reach its export turnover target of US$11 billion from wood and forestry products this year as the main season for business is in the last six months of the year, according to an official of the Việt Nam Timber and Forest Product Association.

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The Ministry of Agriculture and Rural Development (MARD) is calling for ideas to create a draft decree that establishes a system of regulations ensuring Vietnam’s legal timber and wood products qualify for import and export.

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Vietnam will be able to boost its wood exports when the Vietnam-European Union Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) takes effect, said Permanent Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

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Once the EU-Việt Nam Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA-FLEGT) comes into force, there will be opportunities for Việt Nam to export more wooden products to Europe and other markets, delegates told a seminar in HCM City on Tuesday.

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