Vietnam becomes the new favorite of timber investment in Southeast Asia

Vietnam becomes the new favorite of timber investment in Southeast Asia

Vietnam Wood and Forest Products Association (VIFORES), Pingding Wood and Forest Products Association, Ho Chi Minh Wood Processing and Wood Crafts Association (HAWA) and Forest Trends jointly held the Annual Report of Vietnam Wood Industry in Hanoi City.

The Vietnamese Wood and Forest Products Association said that 2018 was a year in which Vietnamese timber processing industry had achieved remarkable results.

China, Korea and Japan are the countries with the largest investment projects in the wood industry in Vietnam. Pingyang Province is the province with the largest number of FDI enterprises engaged in timber industry in Vietnam, followed by Ho Chi Minh City and Tong Nai Province.

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