Promoting development

Participants at the meeting (Photo: VNA) Brussels (VNA) - Vietnam's economy has recorded spectacular development across fields in recent years, especially in trade, according to scholars from the European Institute of Asian Studies (EIAS). EIAS Axel Goethals and Senior Advisor of the institute Xavier Nuttin made the remarks during a meeting with Vietnamese  officials at the Vietnamese Embassy in Brussels on August 18. economic development , contributing to realising the goals of industrialisation and modernisation by 2030 and 2045, he said. CEO of EIAS Axel Goethals and Deputy Head of the Communist Party of Vietnam (CPV)’s Central Committee's Commission for External Relations Ngo Le Van. (R) Van also emphasised Vietnam’s commitment to protecting the environment, adapting to climate change, promoting sustainable development, and achieving net zero emissions by 2050. Vietnam is a potential market for raw materials and semi-finished goods, and Vietnamese … [Read more...] about European scholars impressed by Vietnam’s development

This is a framework cooperation oriented-agreement, aiming to assist Thua Thien Hue to achieve socio-economic development goals for the 2021-2025 period, thus addressing challenges facing of the local economy by digital technology, and speeding up digital economy and digital society. The MoU covers contents related to cooperation orientation principles; goals and areas of cooperation; establishment of foundation for strategic dialogue; development of joint action plans for projects; sharing knowledge, ideas and experience and engaging in dialogues with stakeholders. Under the MoU, the ADB will give periodic consultations to the local authorities within the framework of the national program between the Ministry of Planning and Investment, the Ministry of Finance and relevant ministries and sectors. The ADB will help Thua Thien Hue effectively implement projects using the bank’s capital; and identify potential projects on urban transport infrastructure, climate change adaptation, … [Read more...] about Thua Thien Hue, ADB sign MoU for inclusive, sustainable economic development

A store selling OCOP products in Quang Ninh. (Photo: VNA) Hanoi (VNA) – The northern province of Quang Ninh now has more than 500 products developed by 189 companies, cooperatives and production facilities under the “ One Commune , One Product ” (OCOP) programme, local data shows. Of the total, 267 have been rated from three to five stars. Most of OCOP products win preference by customers and have gained a strong foothold in the market, with many now available in foreign countries. The COVID-19 pandemic has seriously disrupted production and supply chains, taking a heavy toll on the health of many OCOP producers, said Hoang Duc Kha, Deputy Director of the Industry and Trade Promotion and Development Centre under the provincial Department of Industry and Trade. He said Quang Ninh will selectively organise and attend trade promotion events in order to stimulate domestic demand post-pandemic and boost sales of OCOP products, reviving local enterprises. Kha highlighted … [Read more...] about Quang Ninh revives OCOP product promotion to boost post-pandemic recovery

The Dong Ba Market in Thua Thien-Hue Province. — VNA/VNS Photo Mai Trang The People's Committee of Thua Thien-Hue Province and the Asian Development Bank (ADB) in Viet Nam have signed a Memorandum of Understanding (MoU) on promoting a strategic partnership for inclusive and sustainable economic development. This is a framework cooperation oriented-agreement, aiming to assist the province to achieve socio-economic development goals for the 2021-25 period, thus addressing challenges faced by the local economy through digital technology, and speeding up digital economy and digital society. Under the MoU, the ADB will give periodic consultations to the local authorities within the framework of the national programme between the Ministry of Planning and Investment, the Ministry of Finance and relevant ministries and sectors. The ADB will help Thua Thien-Hue effectively implement projects using the bank’s capital; and identify potential projects on urban transport infrastructure, … [Read more...] about Thua Thien-Hue, ADB sign MoU for inclusive, sustainable economic development

The Ha Noi-based Soc Son waste-to-energy (WTE) plant. It was connected to the national grid on July 25. — Photo toquoc.vn The UK – Viet Nam Free Trade Agreement (UKFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050 and embrace new drivers for economic growth. Viet Nam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the UK from August 10 to 15, Politburo Member and Head of the Party Central Committees Economic Commission Tran Tuan Anh said that Viet Nam had set strategic goals in digital transformation, digital economy and green energy conversion to achieve rapid, sustainable and inclusive growth and net zero carbon emissions as well as adaptation to the … [Read more...] about UKFTA promotes cooperation in digital transformation, energy transition as VN strives for a sustainable future

Denmark, through strategic sector cooperation (SSC) with Vietnam, helps implement national action plan in agriculture while promoting the engagement of stakeholders in the value chain. Among issues shared at an event held in Hanoi on August 17, Vietnamese officials, experts, and businesses were impressed with the philosophy of “producing more from less” in Denmark’s agri-food sector. Denmark targets the climate-neutral food industry by 2050. Photo: Danish Agriculture and Food Council Troels Jakobsen, Trade Counsellor of the Embassy of Denmark, said Denmark produces three times more food than the Danish population can consume, with some of the lowest greenhouse gas emissions in Europe. The idea was shared at Seminar – Business Matchmaking held in Hanoi on August 17 to discuss Danish experiences and solutions in sustainable agri-food production. Meanwhile, Jeppe Søndergaard Pedersen, International Chief Advisor, the Danish Agriculture and Food Council, … [Read more...] about “Produce more from less”: Danish agricultural philosophy for Vietnam