Viet Nam News: Wood pellet industry needs sustainable raw material areas for export expansion

Việt Nam’s wood pellet exports saw rapid increases in recent years and were expected to become one of the agro-forestry products which touched a revenue of $1 billion or higher. Tô Xuân Phúc from Forest Trends said the demand and prices of pellets in the EU were increasing rapidly, which was grabbing large attention from the US – the biggest pellet exporter in the world.