Energy transition to help Vietnam realise net-zero emissions goal: insiders
Developing renewable energy resources is expected to help Vietnam reach its target of carbon neutrality by 2050, said insiders.Energy transition, replacing traditional fossil fuel sources to using cleaner and low-emission forms of energy and moving towards carbon neutrality is an important part of Vietnam’s future energy landscape.Experts said that about two-thirds ...
New Land Law important to national development: experts
The revised Land Law, which was passed at the 15th National Assembly’s fifth extraordinary session, holds great significance in the country’s political, socioeconomic life and national defence and security as well as has impacts on people from all walks of life and the business community.The ...
EPR – a motive for Vietnam’s circular economic development: Norwegian diplomat
The Extended Producer Responsibility (EPR) is among the solutions that will help Vietnam realise its ambition of boosting the circular economy and green transition, according to Deputy Head of Mission at the Norwegian Embassy in Vietnam Mette Moglestue.Among the first Southeast Asian countries applying the ...
Report on digital transformation 2023 launched
The annual Report on Digital Transformation 2023 was launched by the Ministry of Planning and Investment (MPI) and the German Agency for International Cooperation (GIZ) at a press conference in Hanoi on April 9, providing enterprises with an insight into the twin green and digital ...
Humans increasingly settling in high-risk flood zones, study warns
Humans are increasingly settling in areas highly exposed to dangerous flooding, particularly in China, Vietnam and Bangladesh, a study warned Wednesday (4/10). The research, led by a World Bank economist, warns that settlement growth in flood zones has vastly outpaced growth in safe areas since ...
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 ...
Flexible unemployment insurance payment rates proposed
The applicable Employment Law stipulates the payment rate of 1 percent for unemployment insurance to both employees and their employers. However, reality has shown that this fixed rate has created much trouble for these two groups, particularly when natural disasters, epidemics, economic recession, or financial ...
Translated by Yen Nhi
Mekong Delta incurs $3B annual losses due to salt intrusion
The Mekong Delta region is facing a staggering economic setback, with researchers estimating annual losses exceeding VND70 trillion ($2.96 billion) due to salt intrusionThe findings, presented by the Water Resources Science Institute under the Ministry of Natural Resources and the Environment at a Friday conference ...
Gia Chinh
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN). Discussions focused on potential governance models and initiatives that allow member countries to overcome economic ...
Installed solar power capacity exceeds plan: government inspectors
The capacity of solar power projects in Vietnam has exceeded a government-approved plan by 10-fold, inspectors have found.The Ministry of Industry and Trade has by itself approved 114 projects and asked the Prime Minister’s Office to greenlight another 54 projects to be added to the ...
Hoai Thu
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 ...
Mid-term 2024 Population and Housing Census: Collecting information on foreigners living in Vietnam for the first time
Implementing Decision No. 629/QD-TCTK, dated July 14, 2023, of the General Director of the General Statistics Office on the mid-term population and housing survey census for 2024, the GSO will begin collecting data from April 1 to April 30, 2024, in nearly 40,000 areas out ...
Vietnam emerges as fast-growing data centre market
Vietnam is assessed as one of the fastest-growing data centre markets globally, driven by the digitalisation efforts of domestic small- and medium-sized enterprises (SMEs), tech-savvy young population, the advent of 5G, demand for self-sufficient digital infrastructure, and data localisation.The Vietnamese market surged to over 1 ...
Việt Nam urged to build legal corridor for AI industry
Việt Nam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders. In the Prime Minister’s Decision No. 127/QD-TTg dated January 26, 2021 promulgating the national strategy on research, development and application of AI by 2030, ...
Slow adaptation to climate change results in serious consequences
Slow adaptation to climate change in the Mekong Delta results in serious consequences as the meteorological agency forecast that the 2024 dry season will last until the end of May, and people in the region will suffer more losses. As of mid-March 2024, more than ...
Revenue from carbon credits distributed to localities
Vietnam has received a 51.5 million USD payment from the World Bank for verified emissions reductions – commonly referred to as carbon credits – for reducing 10.3 million tonnes of CO2 in the 2018-2024 period. According to Director of the Department of Forestry under the ...
How plastic waste management affects circular economy in Can Gio
Can Gio is the coastal district of HCMC, and its extensive mangrove forests and wetlands are considered the city’s “green lung.” It is unique in also being a UNESCO world biosphere reserve, but it faces mounting pressure from urban pollution, especially plastic waste from land-based, ...
Fixed pension amounts are too low
Vietnamese pensioners can enjoy the highest pension rate in the world, 75% of their social insurance payments. However, as the salaries used to calculate social insurance premiums are low, the actual pension they receive in retirement is small.The Vietnam Textile and Apparel Association (Vitas) has ...
Politburo’s resolution boosts development in Mekong Delta
The Mekong Delta is to become a region of comprehensive development, modern and uniform infrastructure system, and dynamic economic growth under the Poliburo’s resolution on the region’s socioeconomic development to 2045.In its planning, Long An set the target to become a dynamic economic hub in ...