DEVELOPING MANUFACTURING WOOD PRODUCTS
- Wood And Wood Products As One Of The Leading Exports Of Vietnam With Non-Stop Growth Through Years, In 2016 Export value of wood and wood products is 6.96 bil USD, reach 3,9% of total export turnover .
- Export turnover of wood and wood products in Vietnam in 2016 reached nearly US $ 7 billion, up 1.4% compared to 2015, ranked 7th in terms of export turnover of Vietnam. in 2016
- The United States is Vietnam's largest exporter of timber and timber products, reaching over US $ 2.8 billion in 2016, accounting for 40.5% of total exports, followed by China, Japan and South Korea. and the EU
- In the 2016-2020 period, the forestry sector set a target of $ 9.5 billion in export turnover of timber and timber products by 2020.
71% REVENUE FROM EXPORTS TO EUROPEAN MARKET, PHU TAI IS ORIENTING EXPANSION TO EMERGING NEW EXPORT MARKETS LIKE RUSSIA AND USA
- Phu Tai's main export markets are European and American countries. By 2015, businesses will start exploiting new potential markets, typically Russia and the United States
- Vietnam's export turnover in 2015 reached $ 6.9 billion, up 10.7% compared with 2014, but only a small proportion in the world market for furniture 467.7 billion. Export markets have plenty of growth opportunities to welcome opportunities from trade agreements to be signed.
CONTINUING INVESTMENT IN CAPACITY DEVELOPMENT FOR THE TIMBER PURCHASE THROUGH VINAG7 AND THANG LOI FACTORY EXPANSION
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