The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures
Green growth on siding
Naval Region 2 stands side by side with fishermen
The event was attended by Naval Region 2’s Second-in-Command Naval Captain Dinh Van Thang; Chief of the Department of Politics of the Naval Region 2 Command Naval Captain Do Hong Duyen; Deputy Director of the Department of Agriculture and Rural Development of Ba Ria - Vung Tau province Pham Thi Na, and representatives of the district. On this occasion, doctors and medical staff from Le Van Thinh Hospital (Thu Duc city, Ho Chi Minh City) also joined the program. During the program, the troops distributed 500 leaflets to fishermen to popularize information about maritime boundary delimitation agreements between Vietnam and neighboring countries; legal documents on safe, sustainable and lawful fishing and fishing in line with environmental protection; and illegal fishing; among others. In addition, the Naval Region 2 Command also presented 500 national flags, 50 gifts, 100 life jackets, and 30 medical bags to needy fishermen; and provided them with free health check-ups and … [Read more...] about Naval Region 2 stands side by side with fishermen
Shares eke out gains in HCM but investors watch out at high price range
Vincom shopping mall in Ha Noi. Vingroup (VIC) was the biggest contibutor to the VN-Index yesterday with a growth of 2.1 per cent. — VNS Photo Mai Huong Shares eked out a gain in HCM City but lost ground in the last trading minutes in Ha Noi amid rising investor caution at the high price range. On the Ho Chi Minh Stock Exchange, the VN-Index inched up 0.05 per cent to close yesterday at 1,275.28 points – its third rally session this week and fourth since last Friday. The market breadth was negative, however, with 191 stocks rising, 252 falling and 118 closing flat. Realty stocks backed the market as half the top 10 shares lifting the VN-Index were real estate firms. Vingroup (VIC) was the biggest contributor with a growth of 2.1 per cent, followed by No Va Land Investment Group (NVL), Phat Dat Real Estate Development (PDR) and Investment and Industrial Development Corp (BCM) with gains of between 1.7 per cent and 7 per cent. Beverage companies also performed well with the … [Read more...] about Shares eke out gains in HCM but investors watch out at high price range
Denmark extends agri-food expertise to Vietnam
With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam
MND and MPS to enhance collaboration
The event was co-chaired by Minister of National Defense General Phan Van Giang and Minister of Public Security General To Lam. Speaking at the working session, General Giang affirmed that since their establishment, the Vietnam People’s Army and the people’s public security force have always been loyal to the Party, State, and people, becoming key forces in the protection of the Fatherland, the national security, and the social order and safety. They have stood side by side in any circumstances to fulfill all assigned mission, contributing to creating a peaceful and stable environment for economic development and safeguarding the people’s life. The two forces have collaborated closely to deal with critical issues of defense and security, while regularly tightening their solidarity to build strength of each force in the national construction and protection cause. On the occasion of the 77th founding anniversary of the people’s public security force, on behalf of the Central … [Read more...] about MND and MPS to enhance collaboration
Cultural industry to contribute to 10% of Hanoi’s GRDP by 2045
The city plans to raise the cultural industry’s contribution to GRDP to 5% by 2025 and 8% by 2030. From now to 2025, Hanoi will focus its efforts on boosting a number of cultural industries in line with local advantages and potential, including cultural tourism, handicraft, performing arts, cinema, designing, culinary, entertainment software and games, advertising, architecture, photography and exhibition, fashion, television and radio and publishing. By the end of this decade, the capital also sets to turn the cultural industry into a key economic sector driving the others’ growth. This will lay foundation for the capital city to improve local living standards; sustainably, harmoniously and comprehensively boost the economic, cultural and social development; turn itself into a globally-connected, civilized, modern and creative city by 2045. The municipal People’s Committee has asked its departments and units to raise awareness of the cultural industry among their staff, build … [Read more...] about Cultural industry to contribute to 10% of Hanoi’s GRDP by 2045