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            At that time, few could have imagined how far the Vietnamese   Vietnam’s Net Zero commitment by 2050.
          timber industry would go. Yet, from the first sawmill hum to   As  it  steps  into its  next  chapter  VIFOREST  remains  a
          today’s modern factories producing world-class designs, the   beacon of knowledge, connection and leadership guiding the
          industry has grown into a global force.            industry toward a greener more inclusive future.

            This year, exports are expected to reach over US$17   From the resilience built over the past 25 years rises a
          billion,  securing  Vietnam’s  place among  the top five  wood   renewed ambition to see Vietnamese wood not only reach
          and wood product exporters worldwide and second place   every corner of the world but also stand as a proud symbol
          wooden furniture and interior manufacturers, just after China.  of sustainability, innovation and national identity.
            Behind those impressive numbers are millions of hardworking
          forest growers, thousands of resilient businesses and countless   HCM City set to become global hub for wooden
          silent contributions to the nation’s green growth.  furniture production and export
            Each log, each crafted piece of furniture carries within it   HCM  City  is poised to  become one of the world’s leading
          the ingenuity, dedication and unity of a community that has   hubs for wood product and furniture production and export

          weathered challenges and embraced change.          as the global market enters a recovery cycle and demand
            Through global turbulence, from the pandemic and trade   for green, sustainable products continues to rise, according
          disruptions to the growing urgency of climate change, Vietnam’s   to speakers at a seminar in the city.
          timber industry has shown remarkable resilience. Exports,   The event, titled ‘HCM City’s Wood and Furniture Export
          once just over US$1 billion in the early 2000s, soared to   Industry – A Global Manufacturing and Export Hub’, was jointly
          US$17.1 billion in 2022.                           organised by the Handicraft and Wood Industry Association
            These milestones are more than economic success stories   of HCM City (HAWA), the Vietnam Timber and Forest Product

          they are testaments to the Vietnamese spirit of innovation,   Association (Viforest) and the Bình Duong Furniture Association
          adaptability and perseverance.                     (BIFA).
            But as the world turns its focus toward the green economy,   Speaking at the event, Phùng Quoc Man, Chairman of
          circular economy and responsible supply chains, new horizons   HAWA, said Vietnam’s wood industry has achieved remarkable
          appear, both challenging and full of promise.      progress over the past two decades, growing from less than
            Global standards on traceability, emission reduction and   US$200 million in export value in 1999 to an expected $20
          forest certification are no longer distant concepts; they are   billion by 2025.
          today’s imperatives. For Vietnam, they signal an opportunity   Vietnam is now the world’s second-largest exporter of
          to redefine its wood industry one that is modern, transparent   wooden furniture, just behind China.

          and value-driven.
            The 5th Congress of VIFOREST, held in November 2025,                                              ShareVault
          marked a defining moment. Looking toward 2030 VIFOREST
          sets forth an ambitious vision: to elevate Vietnam’s wood
          and  forest  product  exports  to  US$25  billion  and  to  make
          the ‘Wood from Vietnam’ brand a global emblem of quality,
          responsibility and creativity.

            This is not merely about economic targets, it is about
          sustaining forests, nurturing livelihoods and contributing to
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