Abstract

Due to market demand, the FSC certification hasbeen introduced and developed in Vietnam. Despite of manychallenges, FSC certificate has been proved to bring economicbenefits to the owners. The comparison to non-certified Acaciaplantation shows that the management of certified forests doesnot increase the cost at high level, while the income of sellingFSC wood logs is very promising. However, since currently thecertification is subsidized and stumpage price is kept at higherthan normal to foster the participation of local people thecurrent price premium should be treated with caution. As forsustainable development, local people need to manage thecertification by themselves which then, required them to have agood financial plan to cover the necessary fee. Furthercalculation need to be carried out in order to know how muchmembership fee can be collected in order to maintain thecertification while do not affect to local people’ revenue.