Cases where forests are evaluated according to the Law on Forestry 2017 of Vietnam

18:41, 08/02/2019

The Law on Forestry 2017 of Vietnam officially came into force from January 01, 2019. According to this Law, forests are evaluated in the following cases:

- The State allocates forests, organizes auctions of forest use rights or forests for lease; calculates the forest value when making payment for forest environmental services.

- The State appropriates or liquidates forests; determines the value of stake; carries out equitization of state-owned enterprises or state divestment.

- Compensation is determined when there are violations causing damage to forests; damage caused by natural disasters, forest fires and other damage to forests; the value of forests serving settlement of forest-related disputes is identified.

- Tax, fees and charges related to forests are determined.

- Other cases at the request of competent state authorities.

View details at the Law on Forestry 2017 of Vietnam, effective from January 01, 2019.

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