Willingness to Pay for Conservation of the Vietnamese Rhino

by Truong Dang Thuy

This study is part of a bigger research on Local Willingness to Pay (WTP) for the Conservation of Endangered Species in Southeast Asia. The research measures WTP using contingent valuation method for a conservation program for the Vietnamese Rhinoceros and a regional conservation program for sea turtles, which are now critically endangered. Five bid levels were used based on the results of a pretest of 120 questionnaires in Ho Chi Minh City. A drop-off survey of 800 households was done in two cities:  Ho Chi Minh City and Hanoi; 690 households responded. The mean WTP was estimated at USD 2.50/household.

  • Publication Year: 2007
  • Country: Vietnam
  • Sector: Green
  • Type: Cross-Country Research Grant
  • Research Area: Protected Area and Biodiversity
  • Research Topic: Endangered Species
  • Analytical Framework: Benefit Valuation
Economy and Environment Program for Southeast Asia