Assistance rate of up to 10,000,000 dong/ha growing trees for timber in Vietnam

15:25, 14/09/2015

This content is mentioned in Decree No. 75/2015/ND-CP of Vietnam’s Government on mechanism and policy of forest development associated with the policy on sustainable and rapid poverty reduction and assistance to ethnic minorities for the period 2015 – 2020.

According to Article 5 of Decree No. 75/2015/ND-CP of Vietnam’s Government, the forestry land area planned for development of production forest stably and long allocated to households shall be provided with one-time assistance for the first cycle for the production forest growing with trees for timber and non-wood forest trees.

ho tro den 10 trieu dong/ha cay giong khi trong cay lay go, Nghi dinh 75/2015/NĐ-CP

Specifically, the assistance rate from 5,000,000 to 10,000,000 dong/ha to buy the seedling, fertilizer and a portion of fees for employees in cash for growing trees for timber and non-wood forest trees depending on the business cycle of tree species under the design and estimate. The chairman of provincial People’s Committee shall decide the specific assistance rate in accordance with the actual condition of localities and design and estimate.

Moreover, the Government also specifies the assistance to protection forest plantation for the period 2015 – 2020: “The area of forestry land planned for protection forest plantation allocated to the households shall be funded by the State under the design and estimate for forest plantation, care and development and entitled to benefits from forest in accordance with regulations of law on forest protection and development.”.

Notably, the poor households involved in afforestation for assistance to production forest growing and non-wood forest product development shall be subsidized 15 kg of rice/person/month or an amount of money equivalent to 15 kg of rice/person/month at the time of subsidy during the time of less self-sufficiency of food. The chairman of provincial People’s Committee shall decide the rate and time of subsidy but not more than 7 years.

Moreover, after 2020, the rice subsidy as stipulated in Article 7 of this Decree shall be continued but not more than 07 years as prescribed; the credit loan contract between the bank and households for afforestation and raising specified in Article 8 of this Decree shall be continued to execute until the end of contract.

View full text at Decree No. 75/2015/ND-CP of Vietnam’s Government, effective from November 02, 2015.

Thu Ba

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