News

Exported nearly 40 tonnes of turpentine into the American market

Update: 8/23/2014

After Vietnam joined the WTO, with the barriers in trade relations was removed, turpentine Vietnam will continue to improve its market share in the United States ...

Vietnam has exported nearly 40 tonnes of turpentine into the American market. These are the conditions for Vietnam to boost exports as well as expanding the area planted turpentine.

The economic experts forecast, if there is co-ordination between the relevant local authorities in the expansion area of pine plantation, each year Vietnam has been able to exploit more than 40,000 tons of turpentine . Calculated according to the price, foreign exchange earnings each year from turpentine exports reached approximately $ 100 million.

After successfully exported the first shipment turpentine to America, the Company implemented the project in Quang Ninh installing additional production line to raise production of turpentine to meet the needs of the American market. After Vietnam joined the WTO, with the barriers in trade relations was removed, turpentine Vietnam will continue to improve its market share in the United States - where the consumption of the world's largest turpentine. /.

Back to Top