Under the programme, forestry will be developed into a modern, effective and highly competitive economic-technical sector with strong production chains.

In 2025, the export value of wood and forestry products is hoped to reach 20 billion USD, including 1.5 billion USD from non-timber products.

Illustrative image.

Income from planted production forests is expected to rise about 1.5 times compared to 2020.

The programme will focus on maintaining the national forest coverage of 42 percent in a sustainable manner and developing new forest areas. Alongside, the productivity and quality of forests will be improved to meet the demand for materials for production and environmental protection.

It targets the sustainable management, protection, development and exploitation of forests, thus contributing to creating jobs, protecting the ecosystem, eco-diversity and strengthening the capacity to adapt to climate change. The programme also aims to reduce greenhouse gas emissions, and contribute to the implementation of Vietnam's commitments at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26).

To realise these goals, the programme set a series of tasks including forestry protection, conservation of biodiversity of forest ecosystems, development of forests, improvement of forest productivity and quality, sustainable forest management, and enforcement of forest certifications for planted production forests.

It also gives priority to preventing wildfires and expanding special-use, preventive and coastal forests, as well as developing the forest product processing industry.

The total budget for the programme is estimated at 78.85 trillion VND (3.36 billion USD).

Bac Giang industrial production value exceeds 8.6 billion USD

(BGO) - For the first half of 2022, the industrial production value (IPV) in the northern province of Bac Giang has hit nearly 200 trillion VND or over 8.6 billion USD, increasing 55.5 percent year on year and representing 54.5 percent of annual plan.

Industrial production index up 8.3% in first 5 months of 2022

The industrial production index posted a year-on-year rise of 8.3 percent in the first five months of 2022. Manufacturing and processing expanded 9.2 percent and phone components, which are the major industrial products in the reviewed period, surged 21.6 percent against the same period last year.

Bac Giang improves agricultural production value

(BGO) - “Bac Giang province focuses on developing and increasing the agricultural production value in the upcoming time,” said Vice Chairman of provincial People’s Committee Le O Pich.

Vietnam’s industrial production up 8.3% in five-month period

The index of industrial production (IIP) in the first five months of 2022 rose by 8.3% over the same period last year, on top of May’s increase of 10.4% from a year earlier.

Vietnam's industrial production soars in Jan-April

The index of industrial production in January - April period continued to flourish with a year-on-year increase of 7.5 percent, the General Statistics Office said.

Source: NDO/VNA