This remarkable content is defined in the Decision No. 327/QD-TTg dated March 15, 2022 of the Prime Minister approving the Project on sustainable, efficient development of the wood processing industry in 2021 - 2030 period.
4 tasks specified in the Project include: Develop infrastructure and expand production scale; Develop groups of wood products with competitive advantages, added value, high and stable demand in the market; Expand the commercial markets for wood and wood products; Remove technical and trade barriers and prevent trade fraud in import and export of wood and wood products.
Besides, to strive that the export value of wood and forest products will reach USD 20 billion by 2025, of which the export turnover of wood and wood products will hit over USD 18.5 billion; USD 25 billion by 2030, of which the export turnover of wood and wood products will hit over USD 20.4 billion; the value of wood and wood products for domestic consumption will reach USD 5 billion by 2025 and over USD 6 billion by 2030; etc.
A number of solutions for the above targets shall be as follows: Build and operate Vietnam's timber legality assurance system under the VPA/FLEGT; Register for protection of trademarks, product labels and industrial property rights of wood products of all kinds. Also, attract workers to participate in training programs suitable to technological innovation and ensure benefits among the workforces, organize training and re-training courses for 100 to 150 thousand workers in the wood processing industry; etc.
The Decision takes effect on the signing date.