Over the past 18 years, the wooden industry could be seen as the only one to have double digit growth.
it exported US $ 2.4 billion in the first two monthis of this year, up 51% over the same period in 2020.

In 2018, Mr. Nguyen Quoc Khanh, Chairman of the HCM City Handicraft and Wood Industry Association set sets his goals for Vietnam's wood industry in the next 5 years. in 2nd place in the world.
"Today, after 3 years, I am pleased to report to the Prime Minister that this year we have ranked second in the world," said Mr. Khanh. 

In 2020, despite the COVID-19 epidemic, the wood industry will grow 2 digits. Trade surplus reached 10 billion USD. So in 2045, where will the wood industry stand? Mr. Khanh expressed that the wood industry is often mentioned as a less innovative industry, using a lot of labor, but actually the wood industry is very important to Vietnam. 
The industry will continue to prove to be a participant in environmental protection. Wood is a product of great regeneration. If building 1m2 of wooden house, then save energy more than 10 times. Any material will be all except for wood. 

The world furniture market is very large, with a commercial value of about 450 billion USD / year, of which wooden furniture is about 150 billion USD / year. In particular, the export turnover of Vietnam's wooden furniture only accounts for about 6% of the global market share, so the development room for the industry until 2045 is still very large.

Mr. Khanh proposed that the Government have a policy to promote the building of generations of young entrepreneurs, considering this as a start-up industry; invest heavily in technology, actively transform digital. The wood industry needs to be ahead of technology, need to have higher added value, not just go outsourcing.

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