Environment and natural resources

Forests and forestry

Vietnam eats forests by planting large timber forests to sell carbon credits

In the story ‘We Have Eaten The Forest’ of a Montagnard village in the Central Highlands of Vietnam, ethnologist Georges Condominas tells about the ancient way of ‘eating the forest’, which is to preserve the forest culturally. Nowadays, the descendants of characters in the story ...

Indigenous knowledge of forest turned into profit

Scientists assess that indigenous knowledge and forest resources along the Truong Son mountain range are significantly potential for its development if utilized properly. Moreover, today’s youth are also becoming interested in the indigenous knowledge when visiting forests, thereby spreading the message of forest protection further.As ...

WB's 51.5-million-USD payment helping Vietnam reduce emissions

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.This makes Vietnam the first country in the East Asia-Pacific to receive a ...

Strengthening forest management, protection and development

On March 8, the Government issued Resolution No. 29/NQ-CP on Action Programme to implement Conclusion No.61-KL/TW, dated August 17, 2023, of the Party Central Committee’s Secretariat on continuing to implement Directive No.13-CT/TW, dated January 12, 2017, of the Secretariat on strengthening the Party’s leadership in ...

Vietnam capable of earning US$200 mln per year from carbon credit trade

Vietnam is capable of selling some 40 million carbon credits for a revenue of US$200 million annually, the Department of Forestry has calculated.It said the country has freshly signed an emissions reduction purchase agreement with Emergent, a non-profit intermediary engaging between tropical forest countries and ...

Project to develop multi-use values of forest ecosystem to 2030 approved

Deputy Prime Minister Tran Luu Quang on February 29 signed a decision approving a project on developing multi-use values of the forest ecosystem to 2030, with a vision to 2050.The project aims to improve the efficiency of management and sustainable use of forest resources; create ...

Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide

The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.In the report to the Prime Minister on the implementation ...

Tam An

Việt Nam has first more than US$41 million from selling forest carbon credits

A total of US$41 million in carbon credit sales is the first forest proceeds from six north central provinces from the emission reduction agreement with the World Bank. This money is transferred to localities to pay forest owners, local people and communities to manage, protect and ...

Forestry digitization helps to locate every tree, keep track of every animal

The forestry sector is moving ahead with digital transformation in management. High technology is being used to create a large database of information about every tree and animal in the forest.Nguyen Duc Thanh from the Vietnam Academy of Forest Sciences (VAFS) said the forestry industry ...

Tam An

Ministerial meeting discusses transboundary haze pollution in Mekong sub-region

The 12th Meeting of the Sub-regional Ministerial Steering Committee on Transboundary Haze Pollution in the Mekong Sub-region took place in the central coastal province of Khanh Hoa’s Nha Trang city on November 30.With the participation of representatives of Cambodia, Laos, Myanmar, Thailand, and Vietnam, the ...

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