News

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 ...

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 ...

Deforestation reduction remains challenging

Being active in more than 65 countries, REDD+ allows people who protect local forests to receive payments, usually from developed countries. REDD+ aims to make forest protection more economically attractive than deforestation. The total value of the program’s activities is estimated at 2.9 billion USD.A ...

Ministry suggests bypass to keep highway out of Dong Nai biosphere reserve

The Ministry of Transport has suggested a bypass in place of a highway proposed to be built through a world biosphere reserve in the southern Dong Nai Province.In a letter to Prime Minister Pham Minh Chinh on Thursday, the ministry said it is not feasible ...

Phuoc Tuan

Restoration of wetland forest ecosystems

The downside of promoting economic development in the Mekong Delta with high intensity has caused many consequences for natural forests, especially mangroves, melaleuca forests, and protected forests. The conservation and regeneration of the wetland forest ecosystem help people improve their livelihoods and adapt to climate ...

PM requires action be taken against illegal forest destruction, encroachment

The Prime Minister’s Directive 05/CT-TTg has required ministries, sectors and localities to strengthen forest management and protection, and urgently take action against illegal deforestation and encroachment on forest land. The newly-issued directive said there are serious violations of regulations on forest protection in some provinces, ...

Adaptation part of National Strategy on Climate Change for 2050

Việt Nam will prioritise protecting and managing forests as part of a National Strategy on Climate Change for 2050, enhancing restoration, community participation and employment opportunities in the forestry sector. Between now and 2030, the country will focus on forestry protection and restoration, promoting mangrove, coastal ...

Project approved to improve forest protection capacity

Deputy Prime Minister Lê Văn Thành has approved a 10-year project to improve forest rangers’ capacity in management, protection, and firefighting. The project aims to reduce at least 10 to 15 percent of law violations in the forestry sector compared to the 2015-20 period, especially ...

USAID launches environmental conservation projects in Việt Nam

The US Agency for International Development (USAID) is launching two new projects to facilitate Việt Nam to contribute climate-positive actions to helping address the global climate crisis, according to a recent announcement from the US Embassy in Việt Nam. These new projects will help conserve ...

Deforestation continues to rage in Việt Nam

Việt Nam will mark four years of natural forest closure this July, a measure to reverse severe deforestation. A total 58 localities closed their natural forests from July 2016, following Prime Minister Nguyễn Xuân Phúc’s order which aimed to halt wood exploitation by State agencies, including ...

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