.Vietnam is already engaged in a dynamic reform process. This report aims to build on and reinforce that momentum. In very broad terms, this reform agenda for natural resources management involves:A public management focuses on better administrative coordination and enhanced data gathering, analysis, and public dissemination to support functioning markets and e cient public decision making. This will contribute to all of “the three Es.”The assignment of clear and more secure long-term property rights and an increase in the use of market prices to provide incentives for investment, growth, and decentralized solutions. This is fundamental for greater e ciency.Enhancement of environmental regulatory implementation to close the gap between theory and practice; assigning values to the environment where markets fail to do so; scaling up of co-management schemes in forestry and marine resources and of payments for environmental services; and the integration of climate change in public planning. These are fundamental to environmental sustainability.Community bene ts sharing schemes, fair-market value compensation for property expropriation, improved information access, transparency in governance, and public participation. These are fundamental measures to ensure equity in natural resources management.
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