Authorities in Lai Chau and Son La Provinces, northern Vietnam are seeking the prime minister's approval for the construction of airports there. In a document sent to PM Pham Minh Chinh, the Lai Chau People’s Committee mentioned its plan to build Lai Chau Airport, which is designed to cover 167 hectares and have the capacity of 500,000 passengers per year, in Tan Uyen Town during the 2022-30 period. The administration stressed that the project plays an important role in promoting the province's socio-economic development as well as contributes to ensuring national defense and security in border areas. The province has carried out necessary land use planning and site clearance to attract the interest of investors in the project. Some investors are mulling over implementing the project under the public-private partnership (PPP) model. PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project … [Read more...] about Northern Vietnamese provinces seek approval for construction of airports
Green waste and recycling
Vietnam beefs up ties with Germany’s Saxony state
During a meeting with the German official on August 11, Ambassador Minh highlighted the fruitful development of the friendship between Vietnam and Saxony state in recent years, expressing the gratitude to the government of Saxony state for promoting the friendship and cooperation between Vietnam and Germany in general and Saxony in particular. The diplomat suggested the state government considers promoting the signing of a Memorandum of Understanding (MoU) between the Vietnamese Ministry of Labor, Invalids and Social Affairs and the state’s Ministry of Economic Affairs, thus creating a favorable framework for recruiting more Vietnamese skilled workers for German enterprises. For his part, Kretschmer said the collaboration between Saxony and Vietnam has been developing positively in recent years, adding that the Vietnamese community here has made important contribution to the cultural diversity of the state. As President of the association of public universities in Saxony, … [Read more...] about Vietnam beefs up ties with Germany’s Saxony state
Businesses accelerate ESG strategy
ESG is a set of standards to measure factors related to sustainable development and the impact of businesses on the community, which consumers are paying more attention to. They want their shopping and consumption habits to leave the smallest environmental footprint possible. Not only consumers, global investors are also placing emphasis on ESG. This trend is even more pronounced after the Covid-19 pandemic. According to a PWC's report, investors increasingly want to hear more from companies about their ESG-related commitments with 83 percent surveyed saying it is important that reports provide detailed information about progress toward ESG goals. In Vietnam, the government has been taking important initial steps to catch up with the global trend. The Resolution of the 13th National Party Congress has determined the development plan for the 2021-2030 period, emphasizing the goal of ensuring social and human security, and managing resources effectively and sustainably. On Feb. 8, … [Read more...] about Businesses accelerate ESG strategy