Deputy PM urges more accurate, timely forecast to minimise damage from natural disasters

Diversifying communications methods to enhance public awareness of natural disaster prevention and control, and ensuring accurate and timely forecast are among solutions to minimise damage caused by natural disasters, Deputy Prime Minister Tran Luu Quang said while chairing a national conference on natural disaster prevention ...

Building carbon credit management mechanisms crucial: PM

Prime Minister Pham Minh Chinh emphasised the urgent need to develop a carbon market and carbon credit management mechanisms in his recently-issued directive.In Vietnam, since the mid-2000s, many businesses have rolled out carbon credit programmes and projects, notably those under the Clean Development Mechanism (CDM). ...

Carbon credit market offers sustainable revenue

There have been positive signs since the Vietnamese Government committed to the goal of Net Zero Carbon Emission in 2050.Statistics from the Center for People and Nature (under the Vietnam Union of Science and Technology Associations (VUSTA)) reveal that by the end of November 2022, ...

Translated by Thanh Tam

Localities expand activities to develop carbon credit market

Localities across the country are undertaking activities to develop the carbon credit market. The development of the carbon credit market is considered a concrete step towards policies on reducing greenhouse gas emissions, allocating emission quotas, carbon credit trading and creating green financial resources for Việt ...

Vietnam's first low-emission rice product launches in August

The Ministry of Agriculture and Rural Development (MARD) recently held an inauguration ceremony for the Office of the Steering Committee for the Sustainable Development Project of 1 million hectares of high-quality, low-emission rice cultivation in the Mekong Delta. The project will establish and develop large-scale, ...

Translated by Thuy Doan

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 ...

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

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