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Vietnam sees future in forestry investment
05/02/2010
The Vietnamese government is upping its investment in the country’s forests in the hope that they will help with its development plans.
The investment is being made in order to boost protection for forest resources, according to deputy minister of agriculture and rural development, Hua Duc Nhi.
The announcement was made on Tuesday during a meeting intended to review the Forestry Sector Support Partnership (FSSP). The announcement also included the launch of initiatives that will look at how forestry can help reduce climate change in line with the REDD scheme.
The FSSP’s forums are seen as an important part of the process of managing the country’s 12 million hectares of forests sustainably. The scheme also hopes to look after the interests of the 25 million people who live in the forests in Vietnam.
The FSSP and the government’s agriculture department are also looking into encouraging institutions and individuals to invest in forestry in the country in order to protect the forests and the locals’ livelihoods.
Investing in forestry is seen by some as providing a way out of poverty for rural people in Vitenam.
The investment is being made in order to boost protection for forest resources, according to deputy minister of agriculture and rural development, Hua Duc Nhi.
The announcement was made on Tuesday during a meeting intended to review the Forestry Sector Support Partnership (FSSP). The announcement also included the launch of initiatives that will look at how forestry can help reduce climate change in line with the REDD scheme.
The FSSP’s forums are seen as an important part of the process of managing the country’s 12 million hectares of forests sustainably. The scheme also hopes to look after the interests of the 25 million people who live in the forests in Vietnam.
The FSSP and the government’s agriculture department are also looking into encouraging institutions and individuals to invest in forestry in the country in order to protect the forests and the locals’ livelihoods.
Investing in forestry is seen by some as providing a way out of poverty for rural people in Vitenam.
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