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TRUONG THANH HAS BEEN MEMBER OF GLOBAL FOREST AND TRADE NETWORK

07/05/2009, 01:01:22

Based on GFTN-Vietnam’s announcement, Truong Thanh is one of nine companies accepted as its first official members who can demonstrate long-term commitments to responsible forest management and trade. Ho Chi Minh City, Vietnam – The VietnamForestand Trade Network (VFTN) proudly announced that four companies have been accepted as its first official members. These new members are the first companies in Vietnam to pass the VFTN membership requirement, thus demonstrating long-term commitments to responsible forest management and trade.

GFTN-Vietnam is the Vietnamese chapter of WWF's Global Forest & Trade Network (GFTN). The GFTN is WWF's initiative to eliminate illegal logging and improve the management of valuable and threatened forests. The GFTN-Vietnam facilitates trade links with a global network of responsible buyers, helping to stimulate a vibrant Vietnamese forest industry. Additionally, the GFTN-Vietnam provides a framework by which producers and processors can work towards credible certification while receiving the benefits of being members of the GFTN-Vietnam.

GFTN-Vietnam’s mission is to help redirect the Vietnam forest industry away from timber sourced from unsustainable and illegal forest management and towards sources that are proven to be both legal and responsible. This is achieved by working with major processors and traders of wood products who make a public, documented commitment to responsible forestry and credible forest certification. GFTN-Vietnam works to facilitate market links between GFTN-Vietnam participants and suppliers or buyers committed to eliminating unwanted timber out of their supply chains and also provides information and technical support needed to progress through a stepwise approach to forest and chain of custody certification.

Half of the world’s original forest covered has already been destroyed, with much of that destruction having taken place over the last 50 years. As a large and growing importer of industrial timber, pulp, and paper, Vietnam leaves a massive ecological footprint across the forests of the globe, both as a producer and a consumer. With an increasing demand for wood and paper products, along with diminishing forest resources, Vietnam imports timber from Europe, USA, South America, Africa, and the Asia Pacific. These regions have significant problems directly related to irresponsible forest management practice; such as illegal logging and forest crimes, loss of natural forest to agriculture and silviculture, and loss of biodiversity.

Against this backdrop, the environmentally sensitive markets of Europe and North America are calling for wood products that are legally harvested from well managed forests. The companies that joined the GFTN today see the potential to increase their export trade with these regions by becoming more responsible in their purchasing and achieving credible certification.

In order to qualify for the GFTN, all the new member companies have undergone baseline audits and prepared detailed time-bound action plans to improve their environmental performance. The GFTN will provide technical support and guidance to help these companies follow through on these action plans, in order to achieve credible certification within a two-year period.

“The Truong Thanh Furniture Corporation has always supported legal logging and trading, by becoming a member of the GFTN we are making a long-term commitment to sustainable forest management and responsible procurement of timber,” said Vo Truong Thanh, General Director-President of Truong Thanh Furniture Corporation.

Copyright © 2012 Truong Thanh Furniture Corporation.
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