Since early October, the north-central coast and central region in Vietnam have faced storm after storm along with severe flooding and landslides. Statistics from the Vietnam Disaster Management Authority show that as of October 24, 130 died and 18 remained missing. A total of 889,605 people were affected by the storms, 290,000 homes were flooded and damaged and 122,600 people were evacuated. It is estimated that up to 7 million are affected by the aftermaths and 5 million may fall into poverty. Quang Binh and Quang Tri are among the hardest hit provinces in Vietnam. In the past 20 years, Plan International Vietnam has helped 10,000 children in Huong Hoa, Dak Rong, Minh Hoa, Le Thuy and Quang Ninh provinces. In order to help the flood victims, Plan International Vietnam has called for VND26.3bn to help 200,000 residents. The money will be disbursed in six months and divided into three phases. Families that lost their members to the floods and landslides, families with disabled … [Read more...] about Plan International helps flood victims resume daily lives
Resuming normal operations apache
Yes Vietnamese companies were at a massive advantage thanks to the government’s success in containing the pandemic. But also the best Vietnamese companies and people shone with their exceptional abilities during the crisis. The old fashioned companies with strict inflexible hierarchies and staff saying “tell me what to do” are probably still nervously waiting for things to get back to the old normal. The modern agile companies on the other hand wasted no time and were able to spring into action in March already. Their organisational structures could be realigned fast, with everyone empowered to help with creative solutions. Nobody has ever dealt with a pandemic like this before, so being creative became the most valued skill. … [Read more...] about How the best companies in Vietnam grew during COVID?
While the Vietnamese government is currently strategising how to best equip its people for the digital economy, with the rise of robots and other changes in the next decade, robotisation and the automation of some processes like accounting, trade finance, and payments are already common, he says. “AI is also being used in the evaluation of customer credit worthiness before making a loan.” … [Read more...] about Strategic solutions for business growth post-COVID-19
Grid capacity “has been and is likely to continue to be a constraint for both onshore and offshore installations,” said Philip Andrews-Speed, principal fellow at the energy studies institute of the National University of Singapore. Solar and wind will grow in importance but are “unlikely to be dominant until the issue of cheap storage is solved.” … [Read more...] about Bottlenecks in Vietnam’s renewable energy development
Since 2009, all new mining investments in the province must be provided for approval of environmental impact assessment reports and commit to environmental protection before they are considered for land lease agreements. In addition, the province has issued guidelines on natural resource management and environmental protection in mineral activities, established the Quang Ninh Environmental Protection Fund (EPF), and approved urgent coal industry environmental protection solutions for the 2016-2020 period. … [Read more...] about Coal industry takes action to ease pollution, green the environment