DEVELOPING APPLICATIONS OF THE CIRCULATORY ECONOMY MODEL TO PROMOTE THE VALUE CHAIN OF PRODUCTION OF WOODEN FURNITURE FOR EXPORT

The article presents some general research results on: i) the current status of the relationship between the wood processing industry and the circular economy, thereby confirming that the wood processing industry is an ecological economy, circular economy industry. The industry’s development meets the goals of the circular economy in terms of economic, social and environmental development; ii) a general model of circular economy in the wood processing industry, showing the connection between fields from afforestation, exploitation, wood processing, ecosystem of supporting industries; iii) circular economy model using by-products in wood processing factories, which states the effectiveness of the circular economy model using by-products at Phu Tai Joint Stock Company, Binh Dinh; iv) recommend some contents to develop circular economy in the field of wood processing.