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

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

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

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