Financing renewable energy in developing countries

Kate Rickersey, a representative from the WB in Vietnam, made the remark at a workshop co-hosted by the Ministry of Natural Resources and Environment, the Party Central Committee’s Economic Commission and the WB in Vietnam on June 21. As recent rapid urbanization in Vietnam has resulted in remarkable changes in the pattern of land use and growth in the country, the country needs to define a land governance vision for the 2021-2045 period towards digitizing land management services and ensuring rights for all land users, she noted. According to Standing Vice Chairman of the Party Central Committee’s Economic Commission Cao Duc Phat, the workshop focused on reviewing achievements and pointing out shortcomings, as well as proposing new development directions to perfect mechanisms, policies and laws, towards removing obstacles to State management on land, contributing to the nation’s socio-political stability. Delegates and experts said that in order to modernizing its land … [Read more...] about Vietnam develops comprehensive policy framework in land management: WB official

During a reception in Hanoi on June 21 for Singaporean Foreign Minister Vivian Balakrishnan, who is on Vietnam visit from June 20-23, Chinh hailed Singapore as one of the top investors in Vietnam. The Vietnamese PM suggested both sides actively seek new and creative ways in important areas, and soon hold a meeting of a working group to discuss digital economic cooperation. To effectively boost trade in a balanced manner, Chinh proposed Singapore create more favorable conditions for the import and distribution of several Vietnam’s key goods in the country, including agro-fisheries, processed food, apparel, footwear, new industrial goods such as electric automobiles, electric cable lines, wooden furniture. He urged stepping up negotiations and signing of agreements to mutually recognize quarantine standards in agro-fisheries and processed food. He also proposed effectively realizing specific terms in Vietnam - Singapore economic connectivity agreement. Speaking highly of … [Read more...] about Vietnam encourages Singaporean firms to do business in country: PM

Vietnam’s VinFuture Foundation has announced to close the nomination portal for the 2021 VinFuture Prize after receiving nearly 600 nominations from more than 60 countries. The result has exceeded expectations, particularly for a newly established sci-tech prize opened for nominations less than four months ago, affirming the global scientific community’s favorable response to VinFuture’s mission of serving humanity. With a vision “to create meaningful change in the everyday lives of millions of people by promoting breakthrough scientific research and technological innovations”, the VinFuture Foundation and VinFuture Prize have drawn great enthusiasm from the global scientific and technological community. VinFuture has attracted prominent scientists and the world’s leading research and academic institutions as well as innovators from developing countries. Nearly 100 nominated projects belong to the world’s top 2% most-cited scientists, many of whom are laureates of prestigious … [Read more...] about Nearly 600 nominations submitted for Vietnam’s first-ever global sci-tech prize

Prime Minister Phạm Minh Chính speaks with his German Chancellor Angela Merkel over the phone on Tuesday. VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính yesterday asked German Chancellor Angela Merkel to support trade cooperation between Việt Nam and Germany during a phone conversation with his European counterpart. The Vietnamese PM asked Merkel to facilitate Việt Nam's seafood and agricultural exports to Germany, especially seasonal fruit exports. He also expressed his hope that the European Commission would soon complete the ratification of the EU-Việt Nam Investment Protection Agreement (EVIPA). The Vietnamese PM said Việt Nam always valued the strategic partnership with Germany and hoped to deepen the cooperation and trust between the two countries in many aspects. He congratulated Merkel on Germany’s achievements in controlling COVID-19 and said he highly valued the European country’s contribution as the biggest sponsor for the COVAX … [Read more...] about PM speaks with German counterpart Angela Merkel

The index stayed in the green throughout the day, going as high as 1,386 points at the beginning of the afternoon session, before gradually cooling down. It closed up 7.34 points. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, slipped 1.18 percent to VND22.39 trillion ($973.6 million), the lowest figure since June 2. The bourse saw 189 tickers in the green and 204 in the red. The VN30 basket, comprising the index's 30 largest capped stocks, saw 17 stocks gain, with NVL of real estate developer Novaland Group leading the fray. The ticker rose 4.1 percent, its third consecutive session in the green. It has risen over 136 percent this year. MBB of Military Bank increased 3.3 percent to a new peak of its own. It pushed the index up by more than one point. The top contributor to the index’s growth Tuesday was CTG of state-owned lender VietinBank, which pushed it up by 1.6 points. The ticker experienced a 3.2 percent growth this session. … [Read more...] about VN-Index rebounds with seven-point gain

Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn delivered the keynote speech at Asia-Europe Meeting (ASEM) High-level Policy Dialogue held on Tuesday. — VNA/VNS Photo Nguyễn Điệp HÀ NỘI — Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn on Tuesday chaired the Asia-Europe Meeting (ASEM) High-level Policy Dialogue, themed “ASEM at 25: Strengthening Asia-Europe Partnership in a Transforming World” held both in-person and virtually in Hà Nội. The dialogue is an initiative of Việt Nam to mark the 25th anniversary of ASEM foundation (1996-2021) and is one of the most important activities of the forum in 2021, serving as an important opportunity for members to discuss the development orientation and vision of the Asia-Europe Partnership in the new period. The outcome will be an important contribution to the 13th ASEM Summit scheduled to be held on November 25-26 in Cambodia. In his remarks, Vietnamese foreign minister Sơn lauded the remarkable achievements and … [Read more...] about Asia-Europe partnership indispensable for world’s stability and prosperity: Foreign minister