The World Wildlife Fund (WWF) will help Vietnam, Laos and Cambodia establish a sustainable rattan industry by the end of next year.
It said in a press release that nine Vietnamese rattan companies have come to Laos to learn about the neighboring country's sustainable rattan management area in Khamkeu District.
The area, covering the villages of Sopphouan and Phonthong, was set up by the Khamkeut District Agriculture and Forestry Office in cooperation with WWF.
The Vietnamese companies have also held discussions with the Lao National Chamber of Commerce and Industry (LNCCI) and the Borikhamxay Chamber of Commerce and Industry (BCCI) about rattan trade and import-export procedures.
WWF said in the statement that Vietnam currently imports over 40 percent of its rattan from Laos and another significant amount from Cambodia, given the shortage of commercially valuable rattan species.
According to WWF's Vietnam Rattan Project Manager Vu Que Anh, the shortage was caused by "high demand" and "unsustainable exploitation."