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). ...

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 ...

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 ...

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 ...

Green economy: finish line cannot be reached overnight

Developing green economy and green agriculture is a ‘growing trend’ in Vietnam which will help it reach the ‘net zero’ goal by 2050 as committed at COP 26. However, many business owners think that it is far-fetched and unnecessary for now. They have to reform ...

MIC plans to boost digital infrastructure, digital applications in 2024

In 2024, the Ministry of Information and Communications (MIC) will focus on key tasks, including the development of digital infrastructure and digital applications to boost the digital economy, creating new momentum for economic growth and labour productivity, Minister of Nguyen Manh Hung has said.The ministry ...

Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide

The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.In the report to the Prime Minister on the implementation ...

Tam An

Ha Giang ready for Mong Ethnic Cultural Festival 2023

The Mong Ethnic Cultural Festival and the Mong Khen Festival in 2023 are expected to attract a large number of domestic and foreign tourists to explore the unique cultural activities of the Mong people in the Ha Giang Stone Plateau.Ha Giang province in general and ...

Yen Minh

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