Hanoi (VNA) – The Vietnam Administration of Forestry (VNFOREST) aimsto collect 2.8 trillion VND (121.7 million USD) from forest environmentalservices this year.
According to VNFOREST Deputy Director Pham VanDien, forest carbon sequestration and emission reduction services, a newfeature of 2021, will add between 300 to 500 billion VND to the sector’s annualincome from environmental services.
Last year, the revenue from those services stoodat 2.56 trillion VND, meeting 91 percent of the yearly target
The number fell short of expectation due largelyto severe water shortage taking place at large hydropower reservoirs betweenthe fourth quarter of 2019 and the second quarter of 2020, said the VietnamForest Protection and Development Fund (VNFF). The shortage affected businessperformance of hydro power companies. Inaddition, complicated developments of the COVID-19 pandemic locally andglobally last year directly impacted businesses employing these services.
The fund added revenues from forest environmentservices supported 226 forest management boards and 138,000 forest owners,while creating incomes for 81 forestry companies and livelihoods for more than172,000 families in mountainous areas.
According to Dien, forest environmental servicesincome are now mainly sourced from hydropower plants and firms producing cleanwater.
Experts recommended collecting environmentservice fees from other sources like ecotourism businesses, industrialproduction establishments, and aquaculture facilities./.
In 2019, Vietnam’s forestry sector will foster the implementation of forest development policies and the building of a production chain, said Vu Xuan Thon, head of the Management Board of Forestry Projects under the Ministry of Agriculture and Rural Development (MARD).
Developing tourism and services in protective and special-use forests in parallel with conservation will become a key part of the national economy in the future, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
The central province of Quang Tri has approved a project funded by the EU to promote sustainable partnership between smallholder forest owners and enterprises in sustainable forest management in response to climate change.
As many as 160 forest fires were reported across Vietnam in the last six months, destroying about 756ha of forest, according to the Vietnam Fire and Rescue Police Department under the Public Security Ministry.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
The Deposit Return System is seen as a potential instrument for effectively advancing Vietnam’s vision of a circular economy, as outlined in Article 142 of the 2020 Law on Environmental Protection.
The figures were highlighted in a Pre-Feasibility Study on a DRS tailored for single-use beverage packaging in Vietnam, conducted by Eunomia Research & Consulting.
Young people should not view AI as salvation but rather as a tool under human control. Young creators should focus on learning and accumulating practical knowledge, using AI as a tool to carry out artistic projects in the most effective and cost-efficient manner.
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
The fight against plastic pollution could not succeed through isolated efforts, but it must be a collective endeavour involving the entire political system, businesses, citizens, and the international community, said Minister of Agriculture and Environment Do Duc Duy.
Lang Son Global Geopark, with its outstanding geological values, cultural heritage, and unique natural landscapes, represents a valuable addition to UNESCO’s global geoparks system.
In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
This year’s World Oceans Day on June 8 is themed 'Wonderful Oceans: Sustaining What Sustains Us', while World Environment Day is on June 5 with the theme: 'Beat Plastic Pollution'.
According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.
Illustrative photo (Source: VNA) 
