Climate change for sustainable development

“ADB is excited about this transaction because the project will have a significant impact on the sustainability and security of Vietnam’s energy sector for years to come,” said the director of Infrastructure Finance Division of ADB’s Private Sector Operations Department, Jackie B. Surtani. “Apart from providing much-needed financing to develop solar power in Vietnam, the project will also help reduce perceived risks in the country’s renewable energy sector.” … [Read more...] about Unlock long-term financing for solar power in Vietnam

Identifying that enterpris­es play a key role in technological innovations along With institutes and universities, the MoST has made efforts to fa­cilitate them by developing and submitting legal documents to the NA and the government. Ad­ditionally. the ministry has also carried out action programmes to encourage enterprises to im­prove their productivity, quali­ty, and competitiveness. … [Read more...] about Science-Technology Ministry promotes enterprise sci-tech

Hanoi (VNA) – The Asian Development Bank (ADB) has signed a 37.8 million-USD loan deal with TTC Energy Development Investment JSC (TTC Energy) to provide long-term financing to develop and operate a 50-MW photovoltaic solar power plant in the southern province of Tay Ninh. TTC Energy, established in 2017, is 90 percent owned by the Gulf Energy Development Public Company (GED) – a leading private power generation company that has the largest portfolio of gas-fired power projects in Thailand. The project will develop and operate the 50 MW solar power plant and its associated facilities in Tay Ninh, which is about 50 kilometers northwest of Ho Chi Minh City.  The solar power plant will directly serve the electricity demand of residents and businesses of Ho Chi Minh City and surrounding areas. It will reduce annual carbon dioxide emissions by 29,760 tonnes annually when operational in 2020. The Government of Vietnam plans to increase the share of renewable energy … [Read more...] about ADB provides loan for 50MW solar power plant in Tay Ninh

Hanoi (VNA) - By 2050, 60 percent of farming areas in Vietnam will be equipped with water-saving irrigation systems, according to the country's Water Management Strategy, which was recently approved by Deputy Prime Minister Trinh Dinh Dung.  The strategy aims to foster innovations and build action plans to ensure water resources for farming, socio-economic development and daily use.   It hopes to maintain a stable water supply for 85 percent of rice cultivating areas by 2030 and innovative farming methods applied in some 60 percent of rice cultivating areas by 2050 nationwide. Disaster-prone regions including the coastal centre, Central Highlands and Mekong Delta are priorities, especially in terms of environment protection, aquatic ecosystem conservation and sustainable development. The Mekong Delta, Vietnam’s rice bowl and home to 21 million people, has been suffering from severe drought and saline intrusion in recent years. According to the National Centre … [Read more...] about Vietnam aims to ensure water security by 2030

After a year of facing the low-priced fresh-cut flowers in 2017, the garden’s owner, Nguyen Van Trung, 44, said that he decided to invest to turn the garden into a tourist attraction. This flower field that is loved by not only local people but also tourists all over the country has become a popular shooting point in a short time when coming to Da Lat. … [Read more...] about Da Lat City’s gross earnings come from photoshoot places