New Text Notification

Vietnam: Determination of rates for forest environmental service charge

15:04, 27/11/2018

The Government of Vietnam issued Decree No. 156/2018/NĐ-CP providing for enforcement of a number of the Law on Forestry.

According to Decree No. 156/2018/NĐ-CP of Vietnam’s Government, organizations and individuals using forest environmental services must pay for forest environmental services to the forest environmental service provider. The rates for forest environmental service charge is as follows:

- The rate for forest environmental service charge payable by hydroelectricity producers is VND 36 per kwh of commercial electricity;

- The rate for forest environmental service charge payable by clear water suppliers is VND 52 per cubic meter of commercial water;

- The rate for forest environmental service charge payable by industrial producers is VND 50 per cubic meter of water used from water sources;

- The rate for forest environmental service charge payable by providers of ecotourism, hospitality and entertainment services shall not be under 1% of their total realized revenue in a payment period;

- The rate for forest environmental service charge payable by production enterprise of aquatic products or enterprise producing aquatic products under association agreement with family households or individuals shall not be under 1% of their total realized revenue in a payment period.

View more details at Decree No. 156/2018/NĐ-CP of Vietnam’s Government, effective from January 01, 2019.

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