Việt Nam aims to collect $131.5 million for forest environmental services
The Việt Nam Forest Protection and Development Fund has announced that in 2025 it will continue reviewing revenue sources and strengthening efforts to ensure timely payments by units utilising forest environmental services. Lê Văn Thanh, the fund’s Deputy Director, said the goal is to collect VNĐ3.3 trillion (US$131.5 million), ensuring accurate and comprehensive collection while promptly disbursing funds to the appropriate recipients and purposes.
Since the government halted logging in natural forests, revenue from environmental services has enabled forestry companies to sustain operations, restore production, and maintain financial stability, ensuring effective forest protection during the sector’s transition and modernisation.