Wood exports post marked growth amid COVID-19 outbreak

  • Photo: Packaging wooden furniture for exports at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
    Photo: Packaging wooden furniture for exports at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
  • Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
    Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
  • Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
    Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
  • Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
    Photo: A production line at the Woodsland Joint-stock Company in the northern province of Tuyen Quang. VNA Photo: Vũ Sinh
The fallout of the coronavirus outbreak has been felt in many sectors, but not the timber industry as its export revenue in the first two months of 2020 reached 1.5 billion USD, up 10.1 percent year-on-year. Major firms in the US, Australia, Japan and Europe have begun to turn to Southeast Asia since COVID-19 has disrupted wood production in China, causing a crisis in global supply. Given this, with its available production resources, Vietnam, which ranks second in Asia and fifth globally in wood exports, has become the most promising alternative in this regard. VNA Photo: Vũ Sinh

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