Forest environmental service fees scheme promotes forest protection in Vietnam
The revenue from forest environmental service fees has become a sustainable financial source, contributing to increasing the value of the forestry industry as well as the country’s GDP growth, according to Nguyen Chien Cuong, an official of the Vietnam Forest Protection and Development Fund (VNFF).
It was necessary to improve legal framework to increase revenues from various types of forest environment services, strengthen facilities to improve the quality of forest database management, offer incentives for forest re-planting such as land use rights and bank loans for forest growers, Cuong added.
