Given the rising demand for wood pallets driven by the ongoing trend of green production and consumption, Vietnam has become one of the leading wood pellet exporting countries. Together with the government's institutional support to ensure a sustainable wood pellet industry and the country's extensive integration in the region and many countries around the world through 15 effective Free Trade Agreements, it is expected that Vietnam will grow into a wood pellet manufacturing powerhouse in the forthcoming period offering excellent business opportunities for foreign companies in both trading and investment.