Demand for wooden pellets around the world is increasing strongly, and as the world’s second-largest exporter, Vietnam holds an advantage from prices having increased by more than 27 per cent since last year. The Vietnam Timber & Forest Products Association (VIFORES) has predicted that exports will bring in billions of dollars annually within the next few years.
The Vinacontrol Group and Nippon Kaiji Kentei Vietnam signed a cooperation agreement on June 30 in Hanoi on providing testing and analysis for wood pellet exports