Environment and natural resources
Climate change
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 ...
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 ...
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 ...
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
River diversion plan could combat Mekong Delta salt intrusion
Ben Tre Province has proposed diverting water from either the Saigon or Dong Nai River Mekong Delta localities to prevent salt intrusion and water shortages during the dry season.Salinity levels have reached levels higher than in previous years and going 5-15 km deeper inland, according ...
Hoàng Nam - Ngọc Tài
Mekong Delta struggling to maintain freshwater
About 78,000ha of rice paddies and orchards in the Mekong Delta region are predicted to get severely affected by drought – salinity intrusion this March-April. The Mekong Delta has around 2 million hectares of rice fields and fruit trees. These farmlands are facing serious irrigation ...
Translated by Thanh Tam
Vietnam capable of earning US$200 mln per year from carbon credit trade
Vietnam is capable of selling some 40 million carbon credits for a revenue of US$200 million annually, the Department of Forestry has calculated.It said the country has freshly signed an emissions reduction purchase agreement with Emergent, a non-profit intermediary engaging between tropical forest countries and ...
Project to develop multi-use values of forest ecosystem to 2030 approved
Deputy Prime Minister Tran Luu Quang on February 29 signed a decision approving a project on developing multi-use values of the forest ecosystem to 2030, with a vision to 2050.The project aims to improve the efficiency of management and sustainable use of forest resources; create ...
Mekong Delta: Drought, saltwater intrusion cause subsidence, water shortage
This year’s dry season is expected to bring more severe drought and saltwater intrusion to the Mekong Delta compared to previous years, significantly impacting the lives and production of local residents.Furthermore, saltwater intrusion in the Mekong Delta depends on the water flow from the upper ...
Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide
The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.In the report to the Prime Minister on the implementation ...
Tam An
