Vietnam plans 35% export expansion in wood sector by end of decade

Vietnam has set an ambitious target of generating $25 billion in export revenue from wood and wood products by 2030, building on a strong recovery and steady expansion of the sector over the past two years. With exports reaching $18.5 billion in 2025, the industry is now aiming for cumulative growth of around 35% over five years, equivalent to an average annual growth rate of roughly 5–6% through the end of the decade. According to data from Vietnam Customs, Vietnam’s wood and wood product exports reached $18.5 billion in 2025, up 6.6% year on ...