Climate change

Participants at the 6th ASEAN-Germany Development Partnership Committee (AG-DPC) Meeting (Photo: https://asean.org/) Jakarta (VNA) – ASEAN and Germany renewed commitment to enhance cooperation under the framework of their development partnership, at the recent 6th ASEAN-Germany Development Partnership Committee (AG-DPC) Meeting held at the ASEAN Secretariat. After two years of hiatus due to the COVID-19 pandemic, this annual meeting was resumed in the face-to-face format to review and sketch out orientations for the ASEAN-Germany partnership in the coming time. Officials from ASEAN member nations and Germany noted that the long-standing ASEAN-Germany partnership has expanded to cover a wide range of areas of cooperation undertaken across the three pillars of the ASEAN Community. Both sides also acknowledged the successful implementation of the ASEAN-Germany Practical Cooperation Areas (PCA) 2018-2022 and looked forward to forging stronger partnership under the … [Read more...] about ASEAN, Germany reaffirm commitment to spur cooperation

Chairman Vuong Dinh Hue congratulated the important achievements that Albanese's Government has made over the past six months, especially in economic development, social security and climate change response, affirming Australia's reputation and role in the international arena. For his part, PM Albanese emphasized that the official visit to Australia by Chairman Vuong Dinh Hue and the high-ranking delegation of the Vietnamese National Assembly is the first high-level visit between the two countries since they fully reopened their borders. It is of great significance in the context of the two countries preparing to celebrate the 50th anniversary of diplomatic relations next year, he said. He appreciated the practical results of his recent meetings with President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh in the framework of the Asia-Pacific Economic Cooperation (APEC) Economic  Leaders’ Meeting and the Association of Southeast Asian Nations (ASEAN) Summits, respectively. … [Read more...] about National Assembly Chairman meets Australian Prime Minister

Chargé d’Affairs Mark Tattersall and six new private sector partnerships. (Photo courtesy of Australian Embassy to Vietnam) The six multi-stakeholder partnerships, supported by an investment of US$3.3 million from DFAT, will leverage more than $3.7 million in private sector investment and resources towards improving the enabling environment for carbon markets projects in Vietnam that are able to deliver verifiable and sustainable social and environmental outcomes. The new partnerships will test and trial new approaches within voluntary market frameworks to reduce greenhouse gas emissions, lower carbon market entry barriers for producers, build the capacity of local stakeholders, and deliver important social benefits. “Australia is ambitious for what we can achieve together with Vietnam, and the region, in confronting the challenges of climate change,” said Chargé d’Affairs, Mark Tattersall. “These new BPP Carbon Markets partnerships are part of Australia’s commitment to … [Read more...] about Australia supports carbon market partnerships in Vietnam

Scientists often study the grim impacts of losing wildlife to hunting, habitat destruction and climate change. But what happens when endangered animals are brought back from the brink? Research has shown restoring so-called "keystone" species -- those with an outsized impact on their environment -- is vital for the health of ecosystems, and can come with unexpected benefits for humans. Here are some notable examples from North America. Wolves Few species evoke the American wild as much as wolves. Though revered by Indigenous communities, European colonists who arrived in the 1600s embarked on widespread extermination campaigns through hunting and trapping. By the mid-20th century, fewer than a thousand gray wolves were left in the contiguous United States, down from at least a quarter million before colonization. Extinction was averted in the 1970s when lawmakers passed the Endangered Species Act, helping revive the apex predator in parts of its former range. Then, … [Read more...] about How bringing back lost species revives ecosystems

Permanent Deputy Prime Minister Pham Binh Minh (R) and RoK Ambassador Oh Young-ju cut a cake in celebration of the RoK 's National Liberation Day and 30 years of the two countries’ diplomatic ties at the ceremony on December 1. (Photo: VNA) Hanoi (VNA) – The Embassy of the Republic of Korea (RoK) in Vietnam held a ceremony on December 1 to celebrate the RoK’s 77th National Liberation Day (August 15) and the 30th anniversary of the two countries’ diplomatic ties (December 22). Addressing the event, Permanent Deputy Prime Minister Pham Binh Minh said he is impressed with the RoK’s socio-economic achievements over the past years. He said 30 years are not a long period but thanks to the resolve and efforts by generations of the two countries’ leaders and people, on the basis of cultural similarities, geographical proximity, economic complementarities, and common strategic interests, Vietnam and the RoK have become leading partners of each other. Looking towards the … [Read more...] about Ceremony marks RoK’s National Liberation Day, 30 years of Vietnam – RoK diplomatic ties

The Ministry of Industry and Trade official tasked with international economic integration, Trinh Minh Anh, said COVID-19 has posed unprecedented challenges to global value chains, with disruptions to both the supply of goods and services and people’s needs. In the early days of the pandemic, lockdown measures resulted in limited production and business activities, and disruption of supply and value chains. “The regional and world economies faced a huge shortage of intermediate input supplies for industries. This shock spread quickly and disrupted the expansion of the global supply chains that were quite stable after the financial crisis,” Anh said. Future pandemics and impacts of the global economic recession, rising inflation and climate change are forecast to keep affecting the global economy in general and the supply chains of goods in particular, Anh warned. Reduced logistics costs are needed to boost global supply chains Apart from challenges, according to … [Read more...] about Global supply chains: Risks and opportunities