By 2030, the income per capita of people from ethnic minority groups is hoped to be raised to half of the national average. The programme also aims to cut the number of poor households to less than 10 per cent of the total number of households, with no hamlets or communes in extremely difficult conditions and 70 per cent of communes in ethnic minority and mountainous areas meeting new rural area criteria. … [Read more...] about VIETNAM NEWS JANUARY 16
Midwestern financial aid
Ho Chi Minh City seeks investment for seven major projects
The city has been facing challenges finding investment in such traffic projects because investors do not see the benefits of investing in the projects or are hesitant to invest because they are all done on a massive scale and require a vast amount of capital. … [Read more...] about Ho Chi Minh City seeks investment for seven major projects
Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
“Lower domestic consumption and weak global demand caused by Covid-19 have hurt Vietnam’s economy more than expected. But economic growth will be resilient in 2020, in large part due to the government’s success in controlling the spread of Covid-19,” said ADB Country Director for Vietnam Andrew Jeffries. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
Inbound, outbound travelers may need compulsory Covid-19 insurance
A report from the World Travel Organization showed that in November 2020, 59 percent of destinations in Asia Pacific closed completely and 9 percent closed partially, the highest level in the world. The figures were 7 percent and 67 percent in Europe, respectively, the lowest level. … [Read more...] about Inbound, outbound travelers may need compulsory Covid-19 insurance
Vietnam determined to reduce GHG emissions by 9 percent in 2030
In order to facillitate the implementation of the updated NDC, the Ministry of Natural Resources and Environment is tasked to hold prime responsibility for coordinating with relevant ministries, agencies to develop the Support Programme to implement NDC for the period 2021-2030, and to update the national strategy on climate change for the period 2021-2025 which will include goals stated in the updated NDC and contents required in the Paris Agreement. … [Read more...] about Vietnam determined to reduce GHG emissions by 9 percent in 2030
