An inter-ministerial mission will examine the granting of foreign investment licences for forestry and aqua culture projects throughout Viet Nam . . .
![]() |
The mission’s brief is to examine, inspect and assess the granting and use of foreign investment licences for forestry and aqua culture.
Foreign-invested forestry and aqua culture projects had helped create jobs and increase worker income, the Prime Minister said.
But the proprietors of some projects had not honoured the law. The licences for several aqua cultural projects, which had failed to meet their approved schedule and, as a result, wasted natural resources, had been revoked, the Prime Minister said.
Elsewhere, land rented to foreign investors impinged on land local farmers had been given the right to use.
Worse, parts of natural forest or sensitive zones had also been rented. These projects too have had their licences withdrawn.
Figures posted on the Government web site show that ten provinces have licensed foreign investors to grow forest on 305,353ha.
But they have so far allotted only 33,824ha – equal to 11.1 per cent of the total – to foreign investors and their joint-venture partners.
Rented land accounted for 15,664ha while land allotted to joint Viet Nam organisations, households and individuals and their foreign investor joint-venture partners totalled 18,160ha.
VietNamNet/Viet Nam News
Comments
You must be logged in to post a comment.


