News
Sustainable livelihoods needed for forest conservation
A webinar held on December 24 pointed out the need to develop sustainable livelihoods for residents in the buffer zones of nature reserves and national parks so as to help with forest conservation.A representative from the Vietnam Administration of Forestry said it is necessary to ...
National forest service payment mechanism generates 120 million USD annually
The Payment for Forest Environmental Services (PFES) system implemented at national scale under an USAID project now generates approximately 120 million USD annually to finance the management of approximately 6 million hectares of Vietnam’s forests.The figures were released at an Earth Day event held in the Central ...
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 ...