Vietnam’s timber export hard to fulfill $4b target

Vietnam’s timber export hard to fulfill $4b target

The biggest difficulty for the country’s timber firms is too high input costs (increasing by 20%) while the export price of wooden products increased insignificantly at markets of the US, EU and Japan.

Till the end of May 2011, Vietnam’s export turnover for wood and wooden products reached $1.5 billion, up about 20% year on year.