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New Forests sees potential in Vietnamese timber
Financial Standard
|June 16, 2025
New Forests made its first investment in Vietnam, backing one of the country’s top suppliers of lumber and logs.
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Via the Tropical Asia Forest Fund 2 (TAFF2), New Forests has invested in Tavico Group.
It is the fourth investment made by the fund, which also recently acquired a stake in Laos-based timber plantation company Burapha Agro-Forestry.
Tavico was founded in 2005 as a log trader and sawn timber mill. Today it also has a distribution centre and operations across wholesale home furniture, warehousing, and modular wooden home construction operations.
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