AFD will assist the Hanoi government in developing priority programs such as improving air quality, wholesale markets, urban logistics, waste management and treatment, among others. The Agence Française de Développement (AFD) is willing to support Hanoi in transport, urban and environmental projects, Country Director of AFD Fabrice Richy said at a meeting with Chairman of the municipal People's Committee Nguyen Duc Chung in Hanoi on November 25. Fabrice Richy stressed that AFD has maintained a long standing relationship with Hanoi. Under the cooperation agreement, AFD will assist the Hanoi government in developing priority programs such as air quality improvement, wholesale markets, urban logistics, waste management and treatment, among others. Country Director of AFD Fabrice Richy and Chairman of the municipal People's Committee Nguyen Duc Chung. Photo: Thuy Linh The investment program will focus on building smart cities, developing cities sustainable and … [Read more...] about AFD willing to support Hanoi in transport, urban and environment projects
16 year old environmental activist
Vietnamese legislature’s economic committee proposes restarting nuclear power project
The Economic Committee of the National Assembly has proposed that Vietnam restart a suspended nuclear power project in south-central Ninh Thuan Province to ensure the country’s ability to develop nuclear power in the future and to help achieve its environmental protection goal by 2050. The Economic Committee has submitted a report on the implementation of Resolution 31 of the National Assembly, which was issued to suspend the Ninh Thuan nuclear power project in the namesake province in 2016. In the report, the committee stated that Vietnam would potentially face challenges brought about by electricity shortage in the 2021-25 period. The competitive electricity market has not been developed in a synchronous manner, while the power pricing mechanism has been improved slowly. The country’s power source has yet to guarantee sustainable development and still has a negative impact on the environment. Vietnam previously pledged to reach its net-zero carbon emissions target by 2050 … [Read more...] about Vietnamese legislature’s economic committee proposes restarting nuclear power project
Vietnamese textile-garment industry strong but not stable
Garment production for export at Kim Dung Textile and Garment Company in District 12, Ho Chi Minh City. (Photo: SGGP) Dependence on imported raw materials Ms. Nguyen Thi Tuyet Mai, Deputy General Secretary of the Vietnam Textile and Apparel Association, said that the total number of enterprises participating in the textile and garment sector in Vietnam, including foreign and domestic enterprises, is more than 7,000. Of which, only 18 percent of them produce fabric materials, 12 percent produce yarn, 2 percent produce other materials, and the rest are garment enterprises. This fact has put the textile industry in front of the challenge of unstable growth due to its dependence on imported raw materials. Currently, each year, Vietnam imports 100 percent of cotton with an estimated value of US$3.2 billion and 60 percent of fabric with an estimated value of $14 billion. The US is the largest cotton and fabric import market of Vietnam, followed by China, Japan, South Korea, and … [Read more...] about Vietnamese textile-garment industry strong but not stable
Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
