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This document presents analysis of key issues relating to Community Forest Management (CFM) in Vietnam. CFM has emerged as an important mechanism for realizing multiple development goals. The first section focuses on issues that relate to the transfer of forest rights to local people through Forest Land Allocation (FLA), including: an overview of FLA in Vietnam, a case study highlighting tensions that can arise between conservation and food security and a discussion of customary land rights of ethnic minorities. The second section discusses CFM in relation to two existing policy frameworks in Vietnam, Payment for Environmental Forest services (PEFS) and Reducing Emissions from Deforestation and Forest Degradation (REDD+). It is argued that PEFS must be organized around CFM and REDD+ must employ an inclusive community-based approach. The final section examines how CFM can be improved in Vietnam.