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FT IN THE NEWS Forests

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.