13 million usd

Hanoi (VNA) - Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan unveiled the target in an interview with the Lao Dong (Labour) newspaper on the growth of the forestry sector over the next five years. Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. The minister also touched on a number of positive outcomes made by the sector last year despite COVID-19. Vietnam exported forest products worth over 13.22 billion USD, up 16.9 percent against the previous year, and 5.7 percent higher than the annual target. The country now ranks fifth globally, second in Asia, and first in … [Read more...] about Vietnam aims to earn 14.5 billion USD from forestry exports

Hanoi (VNA) – The International Association of Horticultural Producers (AIPH) has approved the organisation of an international flower festival in Vietnam’s central province of Quang Binh in 2023, according to the provincial Department of Tourism. Accordingly, the festival is scheduled to take place from December 1, 2023 to May 31, 2024, covering an area of 89 ha in Quang Ninh district’s Hai Ninh commune. The event will be jointly held by PAN Asia Co., Quang Binh International Exhibition JSC, and Japanese event organizer Hakuhodo with a total investment of 122 million EUR (148.1 million USD). The 183-day event is expected to attract about 8 million visitors, including 2.5 million foreigners. The festival’s revenue is projected to reach 148 million EUR, contributing over 300 billion VND (over 13 million USD) to the State budget. The AIPH is an international organisation dedicated to promoting horticultural producers and holding international garden and … [Read more...] about Quang Binh to host international flower festival in 2023

Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. … [Read more...] about Vietnam aims to earn $14.5 billion from forestry exports