Environment and natural resources
Climate change
Measures to promote carbon trading platform in Vietnam
After the European Union (EU), the US will be the next to take its climate fight globally with the proposal of the Clean Competition Act, which, if passed, would impose border-adjusted carbon tariffs on its carbon-intensive imports.Nguyen Vo Truong An, Deputy director of the Carbon ...
Climate, human activities identified as key causes of Mekong flow changes
The Mekong River has experienced increased dry season flow and reduced flood season flow under the impact of both climate change and water infrastructure development, a new study has found.The Mekong River Commission (MRC) and its upstream counterpart, the Lancang-Mekong Water Resources Cooperation Center (LMC ...
Minh Nga
Gov't approves more anti-erosion funds for Mekong Delta
An additional VND4 trillion (US$163.85 million) will be given to localities in the Mekong Delta to help them deal with river and coastal erosion.Since 1992 the region has lost 300-600 hectares of riverine land each year to erosion. Excessive sand mining is one of the main ...
Ngoc Truong
Water quality degradation affects lower Mekong countries: forum
The 13th Mekong River Commission (MRC) Regional Stakeholder Forum (RSF), a platform for relevant parties to get updated on hydropower and other developments along the Mekong River — Southeast Asia’s largest river, was held in the Lao city of Luang Prabang on October 5. The participants ...
EU's carbon tax regime enters transitional phase
The EU’s effort to cut carbon emissions globally is going into high gear as the bloc’s Carbon Border Adjustment Mechanism (CBAM) entered its transitional phase on October 1.As of October 1, the EU’s trading partners will have to report greenhouse gas (GHG) emissions embedded in ...
Vietnam gets US$41.2 million in emission reduction payments
Vietnam has received US$41.2 million, equivalent to 80 percent of the total funding, from the World Bank for 10.3 million tons of CO2 as a result of its efforts to reduce carbon emissions in deforestation and forest degradation until 2025.Vietnam has made strong commitments to the international ...
Workshop talks restoration of flooded areas in Mekong Delta
A workshop on launching a project to take nature-based solutions for the restoration of flooded areas and natural processes in the Mekong Delta took place in An Giang province on September 15.At the event, a WWF Vietnam representative said they will conduct studies and propose nature-based solutions for the ...
Vietnam to introduce criteria for national green development
Vietnam is soon to introduce a new set of national criteria aimed specifically at speeding the development of green industries in line with international standards, according to the Ministry of Planning and Investment (MPI). The new criteria would serve as a foundation for governmental ministries, ...
IFC commits investment of nearly $1.9bn for Vietnam
The total commitments of the International Finance Corporation (IFC), a member of the World Bank Group, in Vietnam reached nearly US$1.9 billion for the fiscal year 2023, including $520 million earmarked in long-term finance. IFC’s investment and advisory programs addressed core challenges for Vietnam, including ...
Mekong Delta carefully coping with El Nino
The Mekong Delta is entering the flooding season with 1m of water lower than this time in other years. This signals grave challenges brought by El Nino and asks for practical solutions to fight against unpredictable weather in the near future.The National Center for Hydrometeorological ...
