Production and capacity levels for Vietnam’s wood industry is returning to normal after the pandemic restrictions, and the industry is confident of earning a total of US$14.5 billion by the end of 2021.
Despite the decrease during Q3, the export turnover of Vietnam timber and wood products in the first 9 months reached US$11.14 billion, up by 30.9% year over year. The industry’s experts estimate the turnover will be approximate US$1 billion each month for Q4, 2021.