Hanoi (VNA), March 5 -- Solutions should be taken to create stable material areas to promote sustainable development of the wood industry, insiders have said.

Vietnam's forest coverage rate is set to reach 42-43%, while the forest production value is expected to increase by 5-5%, according to the forestry development strategy for the 2021-2030 period.

Under the strategy, the country aims to earn 23 - 25 billion USD from exporting forestry products, and grow 1 million ha of big timber forests nationwide by 2030 to form sustainable raw material zones for the wood processing industry serving export and domestic consumption.

According to businesses, although the timber supply currently meets over 70% of the demand for processing wood for e...