Measures to protect, restore, develop water resources in Vietnam discussed
Climate change, sea level rise, saltwater intrusion and unsustainable water use fuel the water scarcity risks in Vietnam, said Tong Ngoc Thanh, director general of the National Centre for Water Resources Planning and Investigation (NAWAPI).At the workshop “Protection, Restoration and Development of Water Resources: Science, Policy ...
Heatwaves, scanty rainfall pose threat of large-scale power shortage
Heatwaves and scanty rainfall have resulted in low water levels in hydropower dams whereas the presence of heatwaves means a frenzied electricity demand in the affected areas.According to the National Center for Hydro-meteorological Forecasting, the El Nino phenomenon occurs from about June or July and ...
Anh Quan, Van Phuc
Southeast Asian IPO proceeds fall by a third in 2018 amid trade war
Proceeds from Southeast Asia’s initial public offerings plunged 34% on the year in 2018, the first decline in two years, as Sino-American trade tensions depressed investor sentiment. But even as Southeast Asian listings lost steam, the region’s fastest-growing economy of Vietnam increased its IPO market presence ...
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
Central Highland provinces enhance development of renewable energy
In recent years, Central Highland provinces, mainly Dak Lak and Gia Lai, have attracted a number of domestic and foreign investors to survey and invest in solar and wind power. So far, many projects have been implemented and put into operation, significantly contributing to ensuring national ...
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, ...
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
Mekong River basin faces great challenges: Vietnam PM
Lying in the lower reaches of the river, Vietnam’s Mekong Delta is facing the consequences of reduced Mekong flows. The phenomenon of saline intrusion in the region also appeared 1-1.5 months earlier with a larger range and intensity than before.It is predicted that by 2040, ...
Hoai Thu
Efforts invested in poverty alleviation in ethnic minority communities in central region
Thanks to the support from the State and efforts made by local authorities, many poor households in the central region have gradually gotten out of poverty.Quang Nam province is home to more Than 140,000 ethnic minority people, accounting for 9.4% of the total population, bigger ...
1.63 million people step onto employment ladder in 2017
Vietnam created new jobs for more than 1.63 million people last year, achieving 102.48% of its plan, according to the Ministry of Labour, Invalids, and Social Affairs. Of that figure, more than 1.5 million people found domestic employment opportunities and over 135,000 people found placement abroad.Keep ...
VOV Reporter
Sustainable energy solutions proposed for woodwork, seafood industries
In the 2011-2015 period, Vietnam’s GDP grew by 5.91 percent, and power demand rose by 11 percent, according to the Ministry of Industry and Trade (MOIT). The energy intensity, or the unit of power needed to produce one unit of GDP, in Vietnam decreased in recent ...
Mai Lan
Roof-top solar power projects promoted in central, Central Highlands regions
More than 5,000 households in the central and Central Highlands regions have installed roof-top solar power systems with a total capacity of 150 MWp, generating 85.46 million kWh of electricity to the national grid.With more average daily sun hours than other regions in Vietnam, the ...
Vietnam ranks high in digitalisation: research
Companies in Vietnam ranked higher than the global average in taking a strategic, consistent or radical approach to digitalising customer experience and engagement, said Singapore-based financial services group DBS.The research said that about 63% of Vietnamese companies were satisfied that digital transformation was helping them achieve overall profitability, followed ...
Deforestation caused by rubber vastly underestimated: study
Deforestation for rubber cultivation has been “substantially underestimated”, and is two to three times higher than generally assumed, a new study said Wednesday.Using satellite data and cloud computing, scientists said they compiled the first detailed accounting of deforestation for rubber production in Southeast Asia — ...
Half of Mekong Delta permanently submerged with 100cm sea level rise
The “2020 version of the climate change scenario” report released this week by the Natural Resources and Environment Ministry specifies that a 100 cm rise in the sea level could leave 47.29 percent of the Mekong Delta permanently flooded. Vietnam’s coastal average sea level rise ...
Minh Nga
10% of young Vietnamese unemployed
One in 10 young people is unemployed and the risk of losing a job for young workers is three times higher than that of older laborers, the government has reported.The unemployment rate among young laborers (aged 15-29) was 7.6% over the first quarter of this ...
Vietnam labor costs highest among ASEAN comparators
In a report on enhancing enterprise competitiveness and enhancing small and medium-sized enterprise (SME) linkages, it says Vietnam’s labor costs are higher than in comparable Southeast Asian peers. It defines labor costs for each firm as the cost of all payments to all workers divided by the ...
Offshore wind future in balance for Vietnam
The long-awaited Power Development Plan VIII is set to target the development of about 7GW of offshore wind power in Vietnam. However, both investors and localities are waiting for a clearer roadmap.In Vietnam’s north, there are now 22 registered projects with a total capacity of ...
Deforestation reduction remains challenging
Being active in more than 65 countries, REDD+ allows people who protect local forests to receive payments, usually from developed countries. REDD+ aims to make forest protection more economically attractive than deforestation. The total value of the program’s activities is estimated at 2.9 billion USD.A ...
E-Government building promoted for sake of people, businesses
Many information systems serving as the foundation for e-Government have been put into use recently, and ministries, sectors, and localities are pushing ahead with digital transformation to further improve service quality for the sake of people and businesses.The National Public Service Portal is one of ...