VnEconomy

The fifth edition of the Commitment to Reducing Inequality (CRI) Index (CRII-5), published by Oxfam and Development Finance International (DFI), evaluated the efforts of 164 countries and territories in addressing inequality. The report’s authors assessed performance across the three pillars of public services (education, health, ...

Natural disasters cause annual losses to Vietnam of up to 1-1.5% of GDP. Therefore, effective  financial and insurance strategies have been identified as crucial tools for mitigating these impacts and ensuring swift recovery and reconstruction after disasters.This was the main focus at the workshop titled ...

The circular economy is pivotal to achieving green growth, a green economy, and ultimately, sustainable development goals, said an expert. The draft National Action Plan for implementing the circular economy, currently prepared by the Ministry of Natural Resources and Environment, proposes five key objectives and ...

While sustainable production is slowly taking hold around Vietnam, interest in sustainable consumption would benefit from raising awareness about what it actually means for consumers. Financial factors and the placing of trust in the right products are crucial in the process of sustainable consumption. According to ...

To meet global greenhouse gas emission reduction targets based on agreements reached at the COP 21 and COP 26 meetings, one key strategy proposed by the UN is the creation of carbon credit markets, both globally and within individual countries. These markets would not only ...

Revisions to the Law on Employment are in the pipeline, specifying a framework for employment service providers and bolstering labor market governance.During a recent review of the Law on Employment, enacted in 2013, the Ministry of Labor, Invalids and Social Affairs (MoLISA) revealed that there ...

A meeting on the progress of the World Bank-funded Mekong Delta Climate Resilience and Integrated Transformation Project (MERIT – WB11), which costs more than VND17.75 trillion (approximately $741 million) was held in the Mekong Delta city of Can Tho on August 12 under the chair ...

Vietnam’s continued development needs to be matched by the skills and knowledge of its workforceskills and knowledge of its workforce.Vietnam’s labor market faces several major limitations, including the quality of its workforce being largely inadequate and failing to meet the demands of a modern, flexible, ...

Favourable fundamentals have positioned Vietnam as a prime FDI destination, outperforming ASEAN peers.Competitive costs and a favourable investment climate play a key role in drawing foreign firms, especially manufacturers, to set up factories in, and export goods from, Vietnam, according to HSBC’s report “Vietnam at ...

Vietnam has had milestones in climate transition journey in the past two years, from the country’s Net Zero commitment made at COP26 to its National Climate Change Strategy, of which collaboration and energy transition remain as the focus of this journey, Mr. Tim Evans, CEO of ...