Valuing direct use values of wetlands: A case study of Tam Giang–Cau Hai lagoon wetland in Vietnam

Tam Giang–Cau Hai lagoon wetland directly or indirectly provides the likelihoods for about 300,000 persons living around as well as on the lagoon. Due to expansion of aquacultures, intensive fishing, and lack of an appropriate management scheme, the biological resources in the lagoon are degraded. This study provides information on the direct use values of the lagoon wetland, using market price approach. This information on economic values can be used for designing new policies and making trade-offs among alternative management options for the lagoon wetland.