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Hanoi (VNA) - A biodiversity conservation corridor project funded by the Asian Development Bank (ADB) has made positive changes to forest protection in the central provinces of Quang Nam, Quang Tri, and Thua Thien-Hue. The Greater Mekong Sub-region Biodiversity Conservation Corridors Project (BCC) - Phase 2 was the first loan project in the environmental sector in the three provinces and was carried out from 2011-2020, focusing on setting up and managing biodiversity corridors towards the sustainable management of the Central Truong Son landscape. According to Deputy Minister of Natural Resources and Environment Vo Tuan Nhan, the target area is very special, as the Central Truong Son landscape plays a leading role in biodiversity in Vietnam but is difficult to approach and is home to ethnic minority groups. Deputy General Director of the Vietnam Environment Administration Nguyen Hung Thinh said that 35 communes in six districts in the three provinces have benefited from the project, … [Read more...] about ADB-funded project helps set up biodiversity corridors in central region

Vietnam’s economic outlook over the medium and long term remains positive. Vietnam’s participation in a large number of bilateral and multilateral trade agreements will help the country’s economy rebound. Vietnam will also likely benefit from the current shifting of supply chains to low-cost countries. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report

Meanwhile, the Vietnam Innovation Network (VIN) has been behind the crafting of ideas for the NIC. Since 2018 it has gathered more than 100 overseas Vietnamese intellectuals and contacted 300 others across 14 countries to collect their comments and suggestions for policies of the NIC and in building the centre in general. “They connect with each other very frequently and have mobilised some venture funds for investing into Vietnam,” Deputy Minister Dong added. … [Read more...] about NIC getting off ground with innovative events

“The country should continue to stabilise its economy, maintain low interest rates, boost infrastructure investment, and step up negotiations with major trading partners to sustain growth as the country continues to restrict international travel due to the pandemic.” … [Read more...] about Viet Nam economy set to bounce back in 2021: forum

Phạm Thanh Hà, director of the State Bank of Việt Nam’s monetary policy department, said the central bank would ensure the stability of the monetary market and operation of credit institutions and promote non-cash payments and the digital economy. … [Read more...] about Việt Nam economy set to bounce back in 2021: forum