Community development venture capital fund

Prime Minister Pham Minh Chinh speaks at an event on innovation held by Asia Society on May 17 (US time). — Photos baochinhphu.vn Viet Nam expects to have start-up collaboration with the US on issues of global concern like climate change, digital technology and supply chain diversification. Prime Minister Pham Minh Chinh was speaking at a forum on innovation and start-ups held by the Asia Society on May 17 (US time) in the US. He affirmed that Viet Nam identifies science and technology, innovation and entrepreneurship as important driving forces for development in the new period. All three strategic breakthroughs that Viet Nam identified namely institutions, infrastructure and human resources are related to these forces, he added. The Prime Minister expressed his wish that US partners will continue promoting cooperation activities, especially in innovative start-ups. Start-up collaboration should focus on issues of global concern that the two countries are promoting … [Read more...] about Viet Nam to work with the US to develop start-ups on climate change, digital transformation

Accordingly, the city set massive targets for housing development, including a demand of at least 6.7 million square meters of housing and an average housing floor area per person reaching at least 21.2 square meters, extending 194.6 hectares of land for commercial housing projects and 52.1 hectares for social housing projects . Regarding capital sources, the city will need around VND72,578 billion (US$3.1 billion), including VND28,435 billion (US$1.2 billion) for commercial housing projects, VND43,456 billion (US$1.9 billion) for individual houses and VND698 billion (US$30 million) for social housing projects. Besides, the city is also reviewing the land fund of 20 percent for social housing construction at commercial housing projects and new urban areas in the locality. In addition, Ho Chi Minh City also proposed the State Bank to monitor and direct the commercial banks on strictly controlling the loans in the real estate sector, money transfer from real estate to overseas, … [Read more...] about HCMC needs over US$3 bln for housing development

A wind power project in the northern province of Ninh Thuan. — Photo evn.com.vn The Vietnamese economy’s unparalleled exposure to multinational corporations and the global consumer market calls for a pragmatic alignment between the country’s renewable energy strategy and the decarbonisation commitments of the global brands, according to IEEFA’s latest report on Viet Nam. “Multinational corporations responsible for up to US$150 billion of Viet Nam’s export revenues have made specific pledges on carbon neutrality or decarbonisation of varying scope and timelines,” said Thu Vu, energy finance analyst leading the Vietnamese market coverage for IEEFA. “These brands’ journey toward sustainability progress is one in which Viet Nam can not afford to ignore or miss out on.” Viet Nam is currently the largest exporter of goods in developing Southeast Asia. With nearly 60 per cent of the exports being manufactured goods for the big brands, its growing role in the global supply chain … [Read more...] about IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan

A floating market in Can Tho City Can Tho City is a poetic river tourism destination and is facing a waste pollution issue, especially plastic waste. In order to make Can Tho to be a civilized and clean city, over the past years, the city has developed initiatives to promote waste collection and segregation at source. Among those efforts, the project “Zero Waste to Mekong River: Pilot Circular Economy model for Floating markets in Can Tho” was approved by the concerned authorities in March 2022. Accordingly, this project is funded by Dow Chemical Vietnam LLC (Dow Vietnam) and implemented by Center for Supporting Green Development (GreenHub) and Research Center for Resources and Rural Development (RECERD) with the support and joint efforts of Can Tho People's Committee, Can Tho Department of Natural Resources and Environment and local authorities in Binh Thuy and Cai Rang districts. On May 18, 2022, in Can Tho City, Can Tho Department of Natural Resources and Environment in … [Read more...] about Zero Waste to Mekong River project launched

Tu Le Commune, located at the foot of Khau Pha Mountain Pass in Van Chan District, Yen Bai Province, northwestern Vietnam has long been famous for its majestic scenery, especially during the harvest season, and well-known specialties -- sticky rice and young sticky rice flakes. Besides the scenic beauty of nature that attracts thousands of visitors every year, the commune now offers a new destination -- Le Champ Tu Le Resort Hot Spring & Spa. Le Champ means field in French as the name of the destination is inspired by the enchanting, signature scenery in Tu Le -- terraced fields. A dream come true Thanks to the development of tourism in Vietnam, the northwestern region with a charming pristine beauty has become a popular tourist area. Visitors to the area often desire to discover the magnificent nature there, such as the golden, terraced fields that glitter so brilliantly that they reflect the blue sky and white clouds above during the harvest season. A comfortable … [Read more...] about This stunning mountainous resort provides fresh relaxing space in northwestern Vietnam