Vietnam wood pellet industry set for expansion

In the first half of this year, Vietnam exported 1.85 million tonnes of wood pellets to overseas markets, earning nearly US$300mil (RM1.36bil), Viforest said in its latest report. — Viet Nam News

HANOI: South Korea and Japan have become the biggest importers of Vietnamese wood pellets, accounting for over 95% of Vietnam’s total export of the product, the Association of Vietnam Timber and Forest Product (Viforest) says.

In the first half of this year, Vietnam exported 1.85 million tonnes of wood pellets to overseas markets, earning nearly US$300mil (RM1.36bil), Viforest said in its latest report.