At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.

In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:

  • Data Sourcing and Methodology:
    We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR.
  • Transparency and Accuracy:
    All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data.
  • Ethical Data Usage and Third-Party Material:
    Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices.
  • Limitation of Liability:
    While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.

By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

Vietnam adopts bold plan to enhance wood & wood product export value

Vietnam adopts bold plan to enhance wood & wood product export value

Posted on September 9, 2024   |  

Vietnam plans to boost wood and wood product exports to $20 billion by 2025 and $25 billion by 2030 under its new national forestry strategy.

By 2030, Vietnam aims to manage over 15.8 million hectares (39 million acres) of forest, with 15.5% for special use, 33% for protection, and 51.5% for production.

The strategy targets maintaining forest coverage between 42–43% while improving the quality of natural forests.

The plan includes a 5–5.5% annual growth in forestry production, planting 238,000 hectares (588,000 acres) of production forests each year, and restoring 22,500 hectares (56,000 acres) of natural forests annually.

Vietnam also aims to have over 1 million hectares (2.5 million acres) of forests certified for sustainable management by 2030.

Revenue from forest environmental services is expected to grow by 5% each year, with earnings projected at VND3.5 trillion ($140 million) for 2021–25 and VND4 trillion ($160 million) for 2026–30.

Achieving these goals will require more than VND217.3 trillion ($8.68 billion) in investment.