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/ March 5, 2021

Government shows urgency in climate change battle

As Vietnam is among the most threatened countries by climate change, the state and people take decisive action, photo Le Toan The government has promulgated Resolution No.06/NQ-CP on the Action Programme on continuing the implementation of Resolution No.24-NQ/TW by the 11th Party Central Committee on active response to climate change, improvement of natural resource management, and environmental protection. The action programme, to be implemented until 2025, lays a foundation for ministries, agencies, and localities to formulate and implement their own plans on responding to climate change while strengthening natural resource management and environmental protection. Under the programme, efforts are to be made to reduce greenhouse gas emissions by 7.3 per cent below the business-as-usual scenario by 2025, and achieve 5-7 per cent in energy conservation out of gross energy consumption. To this end, some key solutions are to be taken. Specifically, the government orders ministries and agencies to formulate and implement sturdy policies on shifting to digital economy, and development and expansion of models on circular economy, green economy, and low-carbon economy. In addition to an increase in state budget in investing into responding to climate change, and managing natural resources and the environment, the government will have a flexible mechanism on allocating the use of natural resources under a market mechanism. Notably, the government will “develop markets for environmental goods and services, the carbon market, public-private partnership models, and green credits and green bonds, as well as mobilise investment capital from non-state sources,” according to Resolution 06. To enable investors, Resolution 06 stressed that a number of related laws will be revised soon, including the Law on Land 2013, the Law on Minerals 2010, and the Law on Efficient Use and Saving Energy, as well as many other related documents. Championing the cause Disaster …

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/ March 5, 2021

Cameras hoped to reduce traffic accidents on Central Highlands pass

The decision was made after a series of accidents occurred on Bao Loc, a pass located on Highway 20. Accordingly, Lam Dong People’s Committee is set to spend VND26 billion ($1.12 million) to install 12 cameras at every bend and turn. The 10-kilometer Bao Loc Pass is an important route connecting the country's southeastern region to Lam Dong’s two towns, Da Lat and Bao Loc. While Da Lat is already a famous tourist destination, Bao Loc is both underrated and offbeat with a quiet and calm atmosphere, amazing waterfalls and many great tea and coffee farms. According to a representative of Lam Dong’s traffic police department, installing the cameras would help police monitor careless and reckless driving - a main cause of accidents on the pass. "We are completing legal procedures and budget plans for work to start in May," he stated. To reduce the number of increasing traffic accidents, Lam Dong People's Committee urged patrols be strengthened and traffic police be deployed 24/7 at high-risk spots. According to the Traffic Safety Committee of Lam Dong, from Dec. 15, 2020 to the end of Feb. this year, the province recorded 36 accidents, up by 17 cases compared to the same period last year, killing 25 people and injuring 21. On Bao Loc Pass alone, 10 accidents occurred and one person died. Recently, Lam Dong Province proposed a plan to build 67-kilometer Tan Phu-Bao Loc Expressway with an investment of nearly VND19.5 trillion ($841 million) to reduce the traffic load on Highway 20. …

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/ March 5, 2021

Work on $15-million textile factory underway in Tây Ninh

The factory's ground breaking ceremony. — VNA/VNS Photo Đức Hoảnh TÂY NINH - The Happytex Joint Stock Company began construction on Thursday of a US$15 million textile factory at the Trảng Bàng Industrial Park in the southern province of Tây Ninh. Covering an area of 25,000sq.m, the factory is designed to produce 2,000 tonnes of woven fabric each year for export. Construction is scheduled for completion in six months. According to the Management Board of Economic Zones of Tây Ninh, since the beginning of this year local industrial parks and economic zones have attracted four projects, including three foreign-invested projects worth $373.12 million USD. As of February, the province had attracted 364 investment projects, including 265 FDI and 99 domestically-invested projects with combined capital of over $8.3 billion, creating jobs for nearly 34,000 workers, it said. — VNS …

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