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Adobe Stock Vietnam Forestry and Wood Products Association (Viforest)
Speaking at the seminar, Vice President Ngo Sy Hoai of
said that Vietnam's wood industry is maintaining good growth.
Vietnam is currently ranked 5th in the world in terms of total
export value of wood and wood products.
Vietnam is also ranked 2nd in the world (after China) in
the export value of high value-added furniture product group
including indoor and outdoor furniture.
According to Mr. Hoai, Vietnam currently exports wood
to five main markets including the US, China, Japan, Korea
The country’s wooden furniture imports reached $1.03 and the EU. High logistics costs have been an obstacle for
billion in the first three months of this year, up 1.7 percent wood export enterprises partly due to bulky timber products.
year-on-year. Mr. Hoai cited the fact that currently, a container of wood
In addition, the UK market is quite large, with the diverse products transported to the US has freight costs from US$7,000-
needs of an Asian community of more than 5.5 million people. 8,000 meanwhile sometimes the value of wood products in a
"However, the proportion of UK imports from Vietnam is container is only equivalent to the above amount.
still low, so the opportunity to expand market share in the The Viforest representative also believes that green
UK is very positive," said the Ministry of Industry and Trade transformation in the logistics industry is one of the factors
to Đầu tư (Investment) newspaper. determining the success or failure of Vietnam's wood industry.
To penetrate and expand the market in the UK and Currently, wood businesses are actively inventorying greenhouse
effectively take advantage of the benefits that the UKVFTA gas emissions to comply with emission regulations.
agreement brings, experts say businesses needed to grasp Meanwhile, talking about the greening of the logistics
the regulations on new market standards and consumer trends industry, Vice President Nguyen Quang Vinh of the Vietnam
to improve technology and product design quality. Chamber of Commerce and Industry (VCCI) said that green
At the same time, experts also recommended investing growth and sustainable development are an imperative,
in and using modern digital marketing tools and means to irreversible and common global trend in the present stage so
enhance product promotion, to actively participate in international the logistics industry must participate in the trend.
exhibitions in the UK. According to Vice President Nguyen Quang Vinh, green
In particular, it is necessary to prepare a production supply chain management is closely linked to the management
conversion roadmap to meet the UK's new requirements on of its links, including green design, green manufacturing,
reducing emissions and preventing deforestation and forest green operation, green procurement, green logistics, and
degradation. waste management.
When these links are all green, businesses will be able to
US accounts for almost 40% Vietnam's timber exports improve their production and operation capabilities, while at
The US market accounts for nearly 40 percent of Vietnam’s the same time forming a green and sustainable ecosystem
total wood export turnover, which was heard at a seminar on around businesses; thereby, creating a competitive advantage
greening logistics and FIATA World Congress 2025 in Hanoi and increasing firms' ability to adapt, resist and recover before
on July 10, reported by en.sggp.org.vn. market shocks.

