ECONOMIC EFFICIENCIES OF THE FOREST CERTIFICATION GROUP IN TRUNG SON COMMUNE, GIO LINH DISTRICT, QUANG TRI PROVINCE

Abstract

Forest Certification is an initiative that is supplement for public regulation to promote better forest management. In 2010, Trung Son awarded as one of first groups in Viet Nam certified against Forest Stewardship Council (FSC) required. This research represents the benefits of FSC Forest Certification Group in Trung Son commune in economic, environmental and social aspects. In term of economic effects being analyzed by cost-benefit analysis (CBA), FSC forest plantations brought great efficiency to farmers with Net present value of VND52.378 million per hectare over 7 years, approximate VND20 million larger than Non-FSC plantations. Moreover, through 10 Principles and 56 Criteria, it has positively contributed to society and the forest sustainable management. Finally, this research figures out some problems in FSC certification group and then suggests some solutions. Some recommendations are also provided in order to enhance its efficiencies and promote the expansion of forest certification.