Our Value to Vietnam
We respond to
1
In 2012, the United Nations highlighted that increasing the production and use of wood products in construction is essential for a sustainable future. This means that architects, engineers, planners, developers, and builders all play a crucial role in making this happen. They are responsible for creating buildings that are not only functional but also environmentally friendly (UN, 2019; Forests and Wood Products Australia, 2022).
2
Vietnam has committed to achieving net zero emissions by 2050, which means it needs a sustainable timber ecosystem to help remove carbon dioxide from buildings and construction. With a strong timber sector, Vietnam is well-positioned to contribute to this goal and support global efforts to combat climate change (COP26, 2022).
3
Vietnam’s timber industry is robust, with 4,500 processing plants and 1,000 forestry-based enterprises, employing around 500,000 people. The government has also set ambitious by 2030 timber industry growth targets, aiming for USD $20 billion in international exports of wood products and USD $6 billion in domestic consumption for construction projects. This strategic focus on wood and wood-related products is seen as vital for the nation’s economic growth and environmental sustainability (Vietnam Government Economic Decree – Decision 327/QD-TTg 10/3/2022).
1
In 2012, the United Nations highlighted that increasing the production and use of wood products in construction is essential for a sustainable future. This means that architects, engineers, planners, developers, and builders all play a crucial role in making this happen. They are responsible for creating buildings that are not only functional but also environmentally friendly (UN, 2019; Forests and Wood Products Australia, 2022) .
2
Vietnam has committed to achieving net zero emissions by 2050, which means it needs a sustainable timber ecosystem to help remove carbon dioxide from buildings and construction. With a strong timber sector, Vietnam is well-positioned to contribute to this goal and support global efforts to Combat climate change (Cop26, 2022).
3
Vietnam’s timber industry is robust, with 4,500 processing plants and 1,000 forestry-based enterprises, employing around 500,000 people. The government has also set ambitious by 2030 timber industry growth targets, aiming for USD $20 billion in international exports of wood products and USD $6 billion in domestic consumption for construction projects. This strategic focus on wood and wood-related products is seen as vital for the nation’s economic growth and environmental sustainability (Vietnam Government Economic Decree – Decision 327/QD-TTg 10/3/2022).

