Vietnam’s timber industry seeks self-sufficiency in household materials | Business

from vietnam wood industry aims to ensure self-sufficiency in household materials. – Illustrative image (Photo: VNA)

Hanoi (VNA) – Promotion Domestic production of wood materials plays an important role in minimizing the instabilities associated with timber imports for treatment in the future, insiders said.

During a webinar on the Russian-Ukrainian conflict and its latent impact on the timber industry in Vietnam organized by the Vietnam Association of Timber and Forest Products and Forest Trends on March 9, participants said that the supply in wooden materials from Russia to Vietnam is low, and the future decline in the source of supply would not have a direct impact on the Vietnamese timber industry.

In addition, Russia is not a big importer of wood products from Vietnam, so the decline in demand in this market in the future will not create significant negative impacts for Vietnam, they said. .

The participants, however, said that the tension between Russia and Ukraine will likely lead to a decrease in the supply of wood materials from Russia, triggering a global shortage of wood materials in the future.

The shortage may create competition among countries importing wood materials, including Vietnam, as the Southeast Asian country depends on imported wood materials.

Vietnamese companies may have to compete fiercely with companies from other countries in importing wood materials, especially in major markets supplying wood materials to Vietnam such as the EU and the United States, said To Xuan Phuc of Forest Trends.

According to Vo Quang Ha, general manager of Tan Vinh Cuu JSC, his company has been importing wooden materials from Russia since 2000.

Amid the ongoing conflict between Russia and Ukraine, the company’s import of wooden materials from the EU will be affected, Ha said.

Vu Hai Bang, chairman of the board of directors of Woodsland JSC, said that in order to cope with the difficulties faced by the timber industry, it is necessary to maintain, protect and develop the national timber supply in quantity and quality. .

The government should have policies to promote the planting of large timber forests and encourage timber processing companies to invest in plantation areas, experts said./.


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