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Current Issue

Journal Cover
Vol. 16 No. 2 (2014)
Home » Vol. 16 No. 2 (2014) » Article Detail
VOL. 16 NO. 2 (2014) DOI: 10.33301/2014.16.02.06

State Financial Transfers in Environmental Protection: The Case of Vietnam

Authors: Tran Khanh Hung, Nguyen Duc Hung

Abstract:

This paper examines the practice and the effectiveness of the instrument of state financial transfers to the business sector in the implementation of investment in the field of environmental protection through Environment Protection Funds. Focusing on the case of Vietnam Environment Protection Fund, we found that the instrument of state financial transfers including grants, soft loans, accelerated depreciation allowances, tax incentives, and subsidies have propensity for lack of effectiveness due to creating insufficient incentives and increasing burden on the State budget. The application of market-based instruments is more effective but in Vietnam the rate of this figure is only 1% for market-based instruments while most of its budget (99%) spends on soft loans projects. Therefore, the recommendations are proposed to reduce the instruments of state financial transfers and foster use of market-based instruments in environmental protection activities for the sustainable development.
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Other Articles in this Issue:

  • An Investigation of the Relationships Between Internal Integration, Antecedents and Functional Performance in Vietnam

    Authors: Nguyen Thanh Hieu

  • Investigation on the Impact of US Anti-dumping Measures during the “Catfish War” on Vietnamese Pangasius Exports

    Authors: Tu Van Binh, Nguyen Huu Huy Nhut

  • Vulnerability and Adaptation of Coastal Livelihoods to the Impacts of Climate Change: A Case Study in Coastal Districts of Nam Dinh, Vietnam

    Authors: Tran Tho Dat, Vu Thi Hoai Thu, Pham Ngoc Toan

  • The Profitability of the Moving Average Strategy in the French Stock Market

    Authors: Hung T. Nguyen, Hang V. D. Pham, Hung Nguyen

  • Provincial Total Factor Productivity in Vietnamese Agriculture and Its Determinants

    Authors: Ho Dinh Bao

JOURNAL OF ECONOMICS AND DEVELOPMENT - NATIONAL ECONOMICS UNIVERSITY
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ISSN: 1859-0012 (Print) | e-ISSN: 2815-5602 (Online)
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