Experts have said that great market opportunities will open for Vietnam if sustainable natural rubber production receives adequate Government support with enterprises determined to follow sustainable development.
The central province of Quang Tri, the second-largest timber producer nationwide, is targeting 100,000 ha of forests being granted forest management certification from the Forest Stewardship Council (FSC) by 2030; four times higher than the current figure.
Nearly 4,200 hectares of forest owned by Quy Nhon Forestry Co., Ltd in the central province of Binh Dinh have been granted the sustainable forest management certificate in accordance with the Forest Stewardship Council (FSC) standards.
The northern province of Tuyen Quang has had more than 25,000 hectares of forest granted sustainable forest management certificates in accordance with the Forest Stewardship Council (FSC) standards, and is among the localities with the largest planted forest area that has received certification.
Southeast Asia has been defined as the place where the Republic of Korea (RoK)’s financial industry should expand its presence over the next three years to accomplish its plan of becoming an international financial hub in 2022.
The north central province of Thanh Hoa had 17,422 hectares of forests certified by the Forest Stewardship Council (FSC) for sustainable management by the end of April.
The National Forest Stewardship Standard (NFSS) for Vietnam has been launched and will be effective from May 1 this year, according to the Vietnam Office of the Forest Stewardship Council (FSC).
Thua Thien-Hue province’s export revenue of wood and wooden products in the first half surged 40 percent year-on-year to nearly 60 million USD, according to the local Department of Industry and Trade.
The central province of Quang Tri plans to have at least 60,000 hectares of forests certified by the Forest Stewardship Council (FSC) in the next 10 years, tripling the current FSC area.
The Vietnam Rubber Group (VRG) will work to have Forest Stewardship Council (FSC) certifications for all of its rubber forests as part of the sustainable development programme for 2019-2024 tenure.
A workshop was held in the central province of Thua Thien-Hue on March 12-13 to seek methods of expanding forest certifications for small-scale households.
Vietnam now has 235,000 hectares of forest accredited by the Forest Stewardship Council (FSC) for sustainable management, according to statistics from the Vietnam Administration of Forestry (VNFOREST).
Vietnam’s signing of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) with the European Union (EU) will help the country boost wood product exports to not only the EU but also many other markets, according to an official.
The northern mountainous province of Tuyen Quang planted additional 11,565 hectares of forest from the outset of this year, or 103.3 percent of the set target for the whole year, according to deputy head of the forest protection bureau under the provincial Department of Agriculture and Rural Development Trieu Dang Khoa.
As many as 732 domestic businesses have obtained the Forest Stewardship Council Chain of Custody (FSC/CoC) Certification, taking the lead in Southeast Asia.
The central province of Thua Thien-Hue plans to grow 13,000 hectares of large-timber forest by 2020, with 40 percent of which received Forest Stewardship Council (FSC)’s certificate, ensuring that products come from responsibly managed forests that provide environmental, social and economic benefits.
The central province of Quang Tri is striving to grow over 42,000ha of forest and attain a certificate from the Forest Stewardship Council (FSC) by 2020.
The State Bank of Vietnam (SBV) and the Republic of Korea (RoK)’s Financial Services Commission (FSC) has signed a memorandum of understanding on cooperation in the field of financial innovation in Hanoi.