In 2010 Vietnam had around 44% forest cover, more than a 50% increase since 1990 when forest cover was less than 30%. Despite an overall increase in forest area over recent years various regions of Vietnam still have high rates of deforestation and forest degradation, and fragmentation is occurring throughout the remaining natural forests. There has been considerable work undertaken in Vietnam to get ready for REDD, and the country is advancing across many areas.

Vietnam is currently in the implementation phase of the UN-REDD programme and has received USD 4.38...