Blue ocean scenarios The International Conference on Sustainable Ocean Economy and Climate Change Adaptation, which took place on May 12 and 13, was organized by the Vietnamese Ministry of Natural Resources and Environment, the Norwegian Ministry of Foreign Affairs, and the United Nations Development Program (UNDP). Sessions focused on five main topics: Reviving the blue ocean economy after COVID-19; building coastal cities with infrastructures adapted to the effects of climate change; combatting marine pollution and ocean plastic waste; promoting climate security, gender equality and resilience of vulnerable communities; and financing responses to climate and ocean needs. A report entitled “Blue Economy Scenarios for Vietnam”, presented at the conference, analyzed a number of scenarios, including a basic scenario and a “sustainable development” or “blue” scenario. The blue scenario would yield outstanding benefits in terms of GDP contribution, Gross National Income … [Read more...] about Vietnam pledges action to ensure a sustainable ocean economy
Tanzania gdp per capita 2018
Budget deficit sees 34-pct surge
Revenues were VND2.28 quadrillion and spending was VND2.53 trillion, resulting in a VND216.4 trillion ($9.3 billion) deficit, or around 3.44 percent of GDP. The deficit was sharply up from VND161.5 trillion the previous year, but was below the cap of VND368.3 trillion set by lawmakers. State Auditor General Tran Sy Thanh said revenues fell short of estimates, especially accruals from land use fees, which were only 72 percent of the target, and income from state-owned companies, which was a mere 37 percent of the target, he added. Public debts rose by 6 percent to VND3.52 quadrillion (55.94 percent of GDP), or around VND35 million per capita. The National Assembly’s cap for public debt is 65 percent of GDP. … [Read more...] about Budget deficit sees 34-pct surge
☕ Afternoon briefing on May 24
Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 24. - Deputy Prime Minister Le Minh Khai on May 23 led a Vietnamese delegation to attend the 52nd World Economic Forum (WEF) annual meeting. He proposed the establishment of a food innovation hub for Southeast Asia in Vietnam when addressing the “Averting a Global Food Crisis” session, a panel discussion with World Food Programme Executive Director David Beasley, UAE Climate and Environment Minister Mariam Mohammed Saeed Al Mheiri, Tanzania’s Vice President Philip Isdor Mpango, and CEO of the Swiss agriculture company Syngenta, J Erik Fyrwald. Read full story - The Ministry of Foreign Affairs and the US Embassy on May 24 co-organised a ceremony to inaugurate the US-Vietnam Cooperation Centre at the Diplomatic Academy of Vietnam (DAV)’s campus in Hanoi. The new centre is an outcome of the partnership between the embassy’s Public Affairs Section and the DAV which … [Read more...] about ☕ Afternoon briefing on May 24
Green Economy Forum & Exhibition 2022 gathers sustainable initiatives for Vietnam
The European Chamber of Commerce in Vietnam (EuroCham Vietnam) held a press conference on the Green Economy Forum & Exhibition 2022 on May 24 The “Green Economy Forum & Exhibition (GEFE) 2022” will take place from November 28 to 30 in Ho Chi Minh City. Delegates attend the press conference. Photo: EuroCham Vietnam At the press conference, EuroCham Vietnam members said that the goal of the event is to support Vietnam in fulfilling its COP26 commitments and the socio-economic development goals specified in its National Green Growth Strategy for 2021-2030. EuroCham encourages both foreign-invested enterprises in Vietnam and Vietnamese businesses to commit to a green growth roadmap. Tim Evans, CEO of HSBC, a member of the EuroCham Vietnam valued the Government of Vietnam’s determination in implementing the Strategy for the 2021-2030 period. Vietnam has gained some "green economy" achievements in comparison with some regional countries, he said. Some … [Read more...] about Green Economy Forum & Exhibition 2022 gathers sustainable initiatives for Vietnam
Mindset change needed to face rising inflation
Tourism is an important contributor for VN's economy. Risk of slow growth Many forecasts released recently believe that Vietnam's economy will recover stronger. The GDP growth rate in the first quarter of the year is estimated at 5.03 percent, inflation is well under control so far, and the Consumer Price Index (CPI) in the first four months of the year has increased by 2.1 percent. However, despite optimism about the prospect of recovery, all forecasts warn that Vietnam needs to be cautious with the risk of slow growth against rising inflation. Asso. Prof. Dr. To Trung Thanh from the National Economics University, said that with the pandemic situation well under control and the economy receiving a boost from the new economic recovery support package, now economic growth can reach a target of 6.5 percent as expected. However, even if the growth rate reaches 6.5 percent, the average growth rate for the period 2020 to 2022 will be only 4 percent, much lower than the average … [Read more...] about Mindset change needed to face rising inflation
Trouble related to insurance payment for borrowed healthcare machine solved
Meanwhile, it requests proper assessment and payment for all technical services in accordance with the provisions of the Health Insurance Law and Decree No.146/2018/ND-CP, issued by the Government on October 17, 2018. To ensure the compliance with current regulations on medical service payment, VSS asks that the Health Ministry urgently direct its own units to prepare a detailed roadmap to change borrowed or rented machines from healthcare enterprises located at clinics and hospitals to those under the forms regulated in Decree No.151/2017/ND-CP, issued by the Government on December 26, 2017. By Van Phuc – Translated by Yen Nhi … [Read more...] about Trouble related to insurance payment for borrowed healthcare machine solved