News

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). ...

Proposal for reduced working hours in vietnam sparks debate

In a bid to improve the well-being of workers and enhance their quality of life, the Vietnam General Confederation of Labor has just recommended a reduction in standard working hours to below 48 hours per week. This proposal, grounded in Resolution No. 101/2019/QH14 of the ...

Leon Pheek

Vietnam supports global agreement on plastic pollution

A delegation of Vietnamese negotiators joined those from 176 countries worldwide at the fourth session of the Intergovernmental Negotiating Committee (INC-4) on plastic waste in Ottawa, Canada, on April 23. This session is to work towards finalising an agreement on a global treaty to eliminate ...

Policies needed to encourage e-commerce to embrace circular economy

Vietnam needs to develop solutions to encourage fast-paced e-commerce to embrace circular economy and reduce the dumping of plastic wastes towards protecting the environment. A recent report on plastic wastes from e-commerce by Việt Nam E-Commerce Association pointed out that e-commerce is growing rapidly with an ...

National Power Development Master Plan for 2021 - 2030 period put into reality

Deputy Prime Minister Tran Hong Ha signed Decision 338/QD-TTg, dated April 24, approving a plan to implement the National Power Development Master Plan for the period of 2021 – 2030, with a vision to 2050 (Master Plan VIII).The plan aims to ensure effective implementation of ...

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

Fixed pension amounts are too low

Vietnamese pensioners can enjoy the highest pension rate in the world, 75% of their social insurance payments. However, as the salaries used to calculate social insurance premiums are low, the actual pension they receive in retirement is small.The Vietnam Textile and Apparel Association (Vitas) has ...

Decreasing birth rate poses challenges to population and development targets

Vietnam is grappling with specific challenges, particularly concerning the target for 2030, which aims to sustain a steady replacement fertility rate of 2.1 children per woman while anticipating a population size of approximately 104 million. A decline in fertility rates impacts various aspects including population ...

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

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