Binh Duong Province has about 1,600 wood enterprises, accounting for 40 percent of the country's timber enterprises. Currently, many wood industry enterprises have switched to producing products, such as plywood, fiberboard, and wood pellets, because the long-standing export markets in European countries have stability with a high value of export products.
In Dong Nai, the export turnover of wood products in the first six months of this year merely reached $636.6 million, down 6.5 percent compared to the same period last year. The sharpest decrease was in May this year, with wood exports only exceeding $99 million. In June, wood exports in this province increased to $110.5 million. However, wood enterprises operated perfunctorily because major markets were mostly closed.
In Dong Nai, the export turnover of wood products in the first six months of this year merely reached $636.6 million, down 6.5 percent compared to the same period last year. The sharpest decrease was in May this year, with wood exports only exceeding $99 million. In June, wood exports in this province increased to $110.5 million. However, wood enterprises operated perfunctorily because major markets were mostly closed.
