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same period in 2023. the Vietnam Forest Certification Office (VFCO) and organised
Vietnam’s NTFP exports in June 2024 brought in about a workshop “Developing Action Plan to Adapt to EUDR
US$70 million, up 5.5 percent compared to May 2024 and Regulation”.
up 0.8 percent over the same period in 2023. The workshop was hosted by Mr. Tran Cong Kha, Chairman

In the first half of 2024, NTFP exports were valued at of VRG, most VRG Board of Directors and about 100 delegates
US$404.54 million, up 13 percent over the same period in 2023. who are leaders and technical staff of 63 rubber companies.
W&WP exports to Canada in May 2024 reached US$16.5 At the workshop, Mr. Tran Lam Dong, Vice President of
million, up 5 percent compared to May 2023. In the first 5 VAFS and Mr. Vu Tan Phuong – Director of VFCO discussed
months of 2024 W&WP exports to Canada reached US$94 the requirements of EUDR, the draft PEFC/EUDR Due Diligence
million, up 24 percent over the same period in 2023. System (PEFC/EUDR DDS).
W&WP exports to South Africa in May 2024 contributed The workshop discussed and agreed to prepare for EUDR
US$360,000, down 18 percent compared to May 2023. In implementation through establishing EUDR/DDS, building
the first 5 months of 2024 W&WP imports from South Africa capacity and implementing PEFC/ EUDR certification in

reached US$2.4 million, up 48 percent over the same period the framework of the Vietnam Forest Certification Scheme
in 2023. (VFCS/PEFC).
Imports of padouk in May 2024 came to 8,300 cubic VFCO will continue to coordinate closely with PEFC and
metres, worth US$3.3 million, up 7.5 percent in volume and VRG to promote sustainable rubber industry development
7.4 percent in value compared to April 2024. through certification of sustainable forest management (SFM)
Compared to May 2023, imports fell by 8 percent in and chain of custody (CoC) associated with the EUDR Due
volume and by 16 percent in value. In the first 5 months of Diligence System (PEFC EUDR DDS).

2024 imports of padouk reached 47,000 cubic metres, worth
US$19.2 million, down 15 percent in volume and down 9 JAPAN
percent in value year-on-year. Confidence returns
Raw wood imported from the EU in May 2024 increased Confidence among Japan's large manufacturing firms showed
for the 3rd consecutive month reaching 73,000 cubic metres a modest recovery for the first time in six months, according
with a value of US$23.0 million, up 12 percent in volume and to the latest ‘Tankan’ survey from the Bank of Japan marking
11 percent in value compared to April 2024. the first improvement in two quarters.
However, imports declined by 1.5 percent in volume and
increased by 0.5 percent in value over the same period in 2023.

In the first five months of 2024, imports of raw wood JP-Photography
from the EU reached 272,510 cubic metres, with a value
of US$87.2 million, up three percent in volume and eight
percent in value year-on-year.

Implementing sustainable development of the rubber
industry

In May 2024, the Vietnam Rubber Group (VRG) coordinated
with the Vietnamese Academy of Forest Sciences (VAFS) and