Vietnam is bucking the global tropical deforestation trend through government-led reforestation programs and strict controls on harvesting of natural forest. However, most reforestation in Vietnam has been via plantations of a few exotic species, mainly in the genus Acacia. Vietnam's plantation estate, while financially profitable, is characterised by low biodiversity, and there are concerns about disease risk and resilience to disturbances. The continuing demand for high-grade timber to supply Vietnam's successful timber processing industry, and increasing pressure for environmentally responsible forest practices (especially for production of furniture for export) has led to the opportunity for change in Vietnam's forestry industry. Increased plantation diversity is associated with increased resilience and improvement in resource utilisation, while diverse plantations of native species can yield environmental and biodiversity benefits. Highlighting the potential for native species in forestry in Vietnam, we provide the details of 16 Vietnamese tree species, which are known to perform well in plantation forestry to produce timber (and other products), and which have not yet been widely planted. A significant challenge to increasing the area of plantations of high-value timber species is maintaining the income of smallholders while the trees grow to harvestable size. Potential solutions include incentive payments (including payments for environmental services), and encouraging smallholders to grow diverse plantations with short- and long-rotation species. © 2020 Elsevier B.V.