At the meeting, the city leader expressed his pleasure at good friendly and cooperative relations between Vietnam and the Netherlands, especially since the establishment of the diplomatic ties in 1973 and strategic partnership relations in water management and climate change adaptation in 2010. The Netherlands is currently the major trading partner and the eighth largest foreign investor of Ho Chi Minh City with 153 projects having the total investment capital of nearly US$2 billion. On the base of the desire to strengthen the mutual cooperation in the fields of climate change adaptation and sustainable agricultural development, HCMC has made efforts to materialize the potential cooperation, notably the public-private partnerships (PPP) initiative for the Sustainable Greater Ho Chi Minh City Flood Protection Scheme. As for Mr. Elsbeth Akkerman, she highly appreciated achievements of Ho Chi Minh City in the fields of urban infrastructure and public transport development. … [Read more...] about Netherlands ready to support HCMC in projects against flooding
Response to climate change
Wiesen added, “We see a great opportunity for Vietnam and regional partners to change from one of the countries with the most severe plastic pollution globally, to becoming one of the leading areas in waste disposal initiatives. We need to act now before it’s too late, to save the planet for us and to also work towards sustainable development.” … [Read more...] about Drastic measures urged to curb rise in plastic usage
HCM City (VNA) – The export of coffee declined in both volume and value last year due to certain difficulties that are forecast to linger on for the time to come, insiders have said. Nguyen Viet Hai, Vice Chairman of the Vietnam Coffee - Cocoa Association (Vicofa), told a meeting in Ho Chi Minh City on January 15 that in the 2019 - 2020 crop, 1.61 million tonnes of the bean was shipped abroad at the average price of 1,740 USD per tonne, bringing home 2.8 billion USD. The figures respectively fell 5 percent, 0.4 percent, and 5.3 percent from the previous crop. The export volume of processed coffee (roasted and ground coffee, instant coffee) dropped by over 17 percent to 110,000 tonnes, resulting a fall of 8.7 percent in value to more than 443 million USD, he pointed out. Hai noted coffee prices remain unstable, leading to a plunge in the purchase of the produce from farmers in the 2020 - 2021 crop. Fresh coffee is currently priced at 6.7 million - 6.9 million VND (about 289 - … [Read more...] about Difficulties still ahead for coffee sector: insiders
In Hanoi, in spite of the COVID-19 pandemic, in the first three months of this year, more than 6,300 new businesses were established with total capital of VND103 trillion ($4.5 billion). It was an increase of one per cent in terms of the number of new businesses compared to the same period last year but a surge of 98 per cent of registered capital. … [Read more...] about Supporting start-ups to adapt to new normal
From 2021 to 2030, Việt Nam aims to clear all road traffic accident hotspots and accident-prone sites. All new roads and those under maintenance will meet road safety criteria before opening for traffic. All new national highways and provincial highways and 75 per cent of the total length of existing highways across the country meet at least Level 3 of global road safety standards. … [Read more...] about Việt Nam’s ambitious plan to reduce the number of road traffic-relating death to zero by 2045.