Agarwood is the wood of infected trees agarwood oil
Currently, agarwood trees were planted in various localities in the country with an area of about 12,000 hectares, concentrated in the provinces of the North Central, South Central and Central Highlands. The local area is the largest plant in Ha Tinh, Quang Nam, Binh Phuoc .
The enterprise products produced from agarwood trees such as sandalwood oil deposits, incense, frankincense tea processing and handicraft item.
Currently, Vietnam exports mainly incense or crude wooden handicrafts, the value is not high, averaging about $ 25 million / year.
Manufacturing synthetic incense is a new industry. So, if there is a reasonable policy to encourage, this will be a new export industry value added. The development and production of frankincense encourage tree planting agarwood and sandalwood exports are also measures to contribute to poverty reduction and environmental protection in a number of provinces in the North Central, South Central and West Originally, helped increase exports and reduce the trade deficit.