Vietnam has a long history of producing furniture products for its domestic market, and in the last 20 years for export. Exciting opportunities exist for BC companies to expand their business in this fast growing market.
Value-added wood product processing is far outpacing the growth of the domestic wood supply. A decreasing supply of Southeast Asian hardwoods has opened up more room in this rapidly emerging market.
Vietnam has increased its emphasis on more certified sustainable sources, a requirement by more and more countries and major companies. Canada has more third-party certified forests than any other country in the world which presents an excellent opportunity for BC and Canadian wood products.