Forestry Industry

Forest trade and finance

PM's order has positive results for Lao forests

Prime Minister’s Order No. 15 has successfully curbed harmful practices in the forestry sector and timber industry, while restoring public trust in the Party and government. This message was delivered at an annual meeting in Vientiane this week to review past achievements and discuss the ...

Forest coverage to rise to 47.25 percent in 2017

The forestry sector will protect, develop and sustainably use existing forest areas and land fund for forest development with a view to raising the country’s forest coverage to 47.25 percent in 2017. This is one of the focal tasks of the sector during 2017 put ...

Laos prepares for face-to-face EU FLEGT, VPA negotiations

The Forest Law Enforcement Governance and Trade technical working group on December 15 met in Vientiane to discuss finalised key parts of the draft timber definitions to be submitted to the European Union by the end of this month. The submission is crucial preparation for ...

When selling is more lucrative than protecting: Myanma timber enterprise and the deforestation crisis

For years, Myanmar’s state-owned timber giant has been subject to accusations of corruption and shadowy closed-door dealings. Environmental advocacy groups have long blamed Myanmar Timber Enterprise for operating its industry monopoly without transparency. On November 15, their allegations appeared to gain newfound teeth, substantiated by ...

Wood exports to Europe to rise

Once the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade comes into force, there will be opportunities for Việt Nam to export more wooden products to Europe and other new markets as well as get higher prices, according to the EU Delegation to ...

New timber ban questioned

As of January, another of Cambodia’s highly traded varieties of rosewood will be protected by an international convention as an endangered species, but given past “dodgy trade”, observers are sceptical of how meaningful that protection will be. Demand from the Chinese market for Myanmarese rosewood ...

28 wood processing factories ordered to shut down

The Ministry of Industry and Commerce has ordered the closure of 28 wood processing factories located near and inside forest areas by next month. The ministry on November 28 issued a notification requiring the immediate removal or closure of 28 wood processing factories located close to ...

Forestry dept offers assurances, admits flaws in wake of lawsuit

The Forestry Department has broken its silence after a Swedish court last week penalised an importer of Myanmar teak, dramatically calling into question the country’s documenting processes for timber sourcing. In a public statement, the Forestry Department claimed that current control systems should be “capable ...

Banned rosewood trade up

Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...

Indonesia ships first containers of timber under EU legality scheme

The first containers of plywood certified as legal under the EU’s anti-illegal-logging action plan were shipped out of the Indonesian capital on November 15, a milestone in the fight against blackmarket timber in one of the world’s most heavily forested countries. Of the 15 nations that ...

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