$14.5 mln wood pellet plant to be built in Quang Tri province
Construction is scheduled to begin in October 2025, with full completion and operation expected by September 2026.
Topic: wood exports
Vietnam's wood pellet industry has plenty of room to grow
Vietnam is home to approximately 350 enterprises and factories producing wood pellets, 80 of which are actively involved in exports.
Binh Dinh province earns $1.1 bln from wood exports in 2024
The south-central province is one of four key wood processing centers in Vietnam.
Vietnam wood exports on track for $16 bln year
The US remains the largest export market for Vietnamese wood products, accounting for over 55% of the total.
Timber and wood product exports earn $7.95 bln in 1H
The US remaining the largest market, accounting for 55%.
Wood exports back to growth path
Export revenue in 4M reached $4.9 billion.