Japan supports Vietnam in many environmental projects This is the practical efficiency of the project WB3 supported by the World Bank (WB) during the past 10 years to 43,000 households in provinces: Binh Dinh, Quang Ngai, Quang Nam, Thua Thien - Hue, Nghe An and Thanh Hoa.
WB3 project, which is co-financed by the Government of Vietnam, the World Bank, the government of the Netherlands, Finland, the Global Environment Fund and the European Union with a total of US$100.19 million, aims to manage successfully sustainable production forest planting and conserve biodiversity. The differences between WB3 project and the previous ones are that it supported measurement activities and issued land use right certificates to approximately 35,000 households. Since then, the farmers can use red books to be loaned with low interest from the revolving fund of the project managed by Vietnam Bank for Social Policies.
Victoria Kwakwa, Director of the World Bank in Vietnam, said the project succeeded thanks to three basic elements including helping people to plant with up-to-date methods, providing preferential credit and especially ensuring land rights of forest plantations.