Southeast Asia’s Low-Cost Pellet Player

Vietnam is a major exporter of not only wood fiber intermediates, like wood chips for paper production, but also finished goods like furniture. According to a report written by the Center for International Forestry Research, Vietnam is the second largest furniture exporter in Asia, trailing only China. This $2.5 billion-per-year industry requires a massive amount and variety of roundwood, more than Vietnam can provide from its own stocks.