Forestry industry targets VND25 trillion of production value

Forestry production value increased 7.09% in 2014 while forestry exports earned USD6.3 billion, a 14% rise over a year earlier, reported the Ministry of Agriculture and Rural Development’s Administration of Forestry.

Illustration photo (Photo: Thai Thien)

The industry planted nearly 220,000 hectares of forest, 105% of the year’s plan and reached forest coverage of 41.5%.

In 2015, the industry targets a forestry production value of VND25 trillion, raising the production value from 7% to 7.2%. It also strives to earn an export turnover of USD6.7 billion and targets 42% of forest coverage.

Together with the specific goals, the industry will focus on improving the productivity and value of plantation and production forests and closely control violations to natural forest.

(Source: CPV)