Vietnam ranks second in Asia and fifth in the world for the value of its timber product exports, which the Vietnamese Government aims to increase to US$20 billion by 2025. The country imports around 2.5 million cubic meters of timber from more than one hundred countries each year. “Responsible sourcing is important for the credibility of the Vietnamese timber manufacturing sector and critical to tackling environmentally harmful, unsustainable logging practices worldwide. It also just makes good business sense,” says Mr. Vince Tran, Country Director of Canadian Wood Vietnam. For example, the global eco-friendly furniture market size was valued at US$43.26 billion and is expected to expand at a compound annual growth rate (CAGR) of nearly 9% from 2022 to 2030. That’s the thinking behind the nation’s Timber Legality Assurance System, an enforcement framework designed to clamp down on any illegal domestic or imported sources of wood.