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Vietnam to pilot carbon credit trade from 2025

A seminar on opportunities for developing a carbon market in Vietnam took place in Hanoi on April 20.Jointly hosted by Giao thong (Transport) Newspaper and Green Innovation and Development Centre (GreenID), the event focused on roadmaps for developing the domestic carbon market, and policy recommendations ...

WB's 51.5-million-USD payment helping Vietnam reduce emissions

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.This makes Vietnam the first country in the East Asia-Pacific to receive a ...

Vietnam improves the most in global competitiveness report: WEF

Vietnam improves the most among 141 economies, up 10 places to rank 67th in terms of competitiveness, according to the latest Global Competitiveness Report 2019 recently released by the World Economic Forum (WEF). According to the report, Vietnam scored 61.5 points out of the maximum 100 ...

Ngoc Mai

Panel discussion on journey to Global Entrepreneurship Summit

This year’s Global Entrepreneurship Summit (#GES) is taking place on November 28-30 with a theme of “Women First – Prosperity for All”. White House adviser Ivanka Trump will lead the U.S. delegation. The U.S. Mission in Vietnam supports 13 entrepreneurs and eco system builders to ...

U.S. Mission in Vietnam

Kick-off meeting on social work held

A regional kick-off meeting on Development of “ASEAN Declaration on Promotion of Social Work” took place in Hanoi on October 28.At the meeting, many delegates agreed that in Southeast Asiaregion, social work has not been recognised as a professional job by law. Many countries have ...

US-backed partnership to help with higher education reform in Vietnam

The Partnership for Higher Education Reform (PHER), which involves some Vietnamese and US universities, was launched on August 1 with a view to improving the academic quality, governance, and market relevance of Vietnam’s higher education institutions.PHER is a product of an extensive consultation process among ...

Mekong plan outlines path to security

The Mekong Delta is stagnating on the back of poor frameworks and infrastructural gaps – flaws that are hoped to be remedied with a new 2021-2030 masterplan, driving regional socioeconomic growth.As the region has been focusing on ensuring food security for the whole country, the ...

Vietnam speeds up digital conversion race

Vietnam has made concrete steps to seize opportunities from digital conversion, which has become the main development trend around the world thanks to great advantages in technologies and creativity.Over the past few years, Vietnamese living in big cities have gradually formed an online shopping habit. A ...

Dong Nai seeks UNESCO opinion on biosphere highway

Dong Nai Province authorities have asked the Vietnam National Commission for UNESCO to comment on a highway project cutting through a world biosphere reserve.The highway plan aims to develop infrastructure and connect localities in southeast Vietnam. However, as the road would run through a nature ...

Phuoc Tuan

The disillusionment about FDI and the middle-income trap

In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th ...

Tran Thuy

With jobs lost to Covid-19, Vietnamese struggle to make ends meet

Hundreds of thousands of people who lost their jobs due to the coronavirus pandemic are struggling to pay their bills. Though Vietnam has been among the earliest countries in the world to contain the virus and revive its economy, people are struggling to find jobs ...

More administrative procedures to go online: Minister

The Government of Vietnam wants the business community to provide feedback and input to help improve the National Public Service Portal, heard a conference held by the Prime Minister’s Council on Administrative Reform and the World Bank in Hanoi on May 19.The national public service ...

$4 billion investment in climate change response announced at COP26 Summit

The Agriculture Innovation Mission for Climate (AIM for Climate), a major new initiative led by the United Arab Emirates (UAE) and United States (US) with the support of over 30 governments, officially launched on 02 November. This includes $4 billion in investments to accelerate innovation ...

Deputy PM approves project to build National Statistical Database

The project aims to build, manage, use and update the National Statistical Database (NSD) in order to provide complete, accurate and timely statistical information to meet management and direction requirements of the Party, National Assembly and Government, ministries, sectors and localities as well as meeting ...

Eight coastal localities get more support in forestry modernisation

The 4,040 hectares of forests planted and restored in the first phase of the World Bank (WB)-funded Forest Sector Modernisation and Coastal Resilience Enhancement Project will receive further care, as Prime Minister Pham Minh Chinh has issued a decision on the adjustment of the project ...

Phạm Thu Hương

Hanoi’s forum discusses challenges and opportunities of ageing population

An inter-generational forum was held in Hanoi on September 30 on the occasion of the International Day of Older Persons (October 1), showing a positive view of an ageing population in turning challenges into opportunities and to strengthen the understanding of the dynamics of an ...

Why Asia's Typhoon Season Targeted Vietnam This Year

You probably heard about Hurricane Maria as it killed hundreds of people across the Caribbean Sea in September and Hurricane Harvey’s flooding in the U.S. city of Houston a month earlier.But do you know about Kirogi, a tropical storm of near-typhoon proportions that made landfall ...

Ralph Jennings

Network of pioneering businesses for renewable energy makes debut

A network of pioneering businesses for renewable energy was announced at the Vietnam Corporate Sustainability Forum 2020 in Hanoi on December 10, in the presence of Deputy Prime Minister Vu Duc Dam.The initiative has been jointly launched by the World Wildlife Fund (WWF), the Vietnam ...

Blending welfare into pursuit of prosperity

In its efforts to become a more affluent nation by 2035, Vietnam has made significant improvements in improving its Human Capital Index.Vietnam is experiencing rapid demographic and social change. Today, 70 percent of the population is under 35 years of age, with a life expectancy ...

Thanh Thu

Vietnam wants to be top 15 organic farming countries

The agriculture ministry seeks to turn Vietnam into one of world’s top 15 organic farming countries by 2030, and has its sights on the EU market given trade deals.Under a draft proposal it will submit to the prime minister in the fourth quarter, the Ministry ...

Dat Nguyen

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