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Bac Lieu wind power plant assessed to contribute importantly to reducing impacts of climate change. (Photo: VNA) Hanoi (VNA) - The Ministry of Industry and Trade recently issued the sector’s action plan on climate change response and green growth to 2030, with a vision to 2050. Accordingly, the ministry considers climate change response an important and long-term task, and the achievement of the net zero emissions an opportunity to develop towards a low-carbon direction in accordance with national conditions and international trends. Measures to respond to climate change will be included in strategies for the development of the industry and trade sector. Illustrative image (Photo: VNA) This move aims to ensure the flexible adaptation to short-, medium- and long-term impacts of climate change, as well as the sector’s stable development and growth. These actions will also minimise losses caused by natural disasters, and consequences of extreme weather and … [Read more...] about MoIT acts in response to climate change

Illustrative image (Photo: https://thaiembdc.org/) Bangkok (VNA) – A national committee on electronic vehicle (EV) policy of Thailand , also known as the EV board, on February 2 agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24 billion THB (730 million USD) subsidy to the EV battery-producing industry. The subsidy will be on a first-come first-served basis, Thai Minister of Energy Supattanapong Punmeechaow said, adding that the subsidy should help reduce the prices of EV batteries and EVs overall, which will boost the country's EV-making industry. The amount of the subsidy on offer will depend on the size of the battery produced, Supattanapong said. A producer of an EV battery with less than 8-gigawatt hours (GWh) capacity will receive a subsidy of between 400 THB and 600 THB per kilowatt hour (kWh), while a factory making an EV battery of more than 8 GWh will receive between 600 THB and … [Read more...] about Thailand to reduce excise tax on electric vehicle batteries

The event was a turning point for the country, ending a crisis in orientations for national salvation and leadership of the patriotic movement of Vietnam in the early 20th century. The moment also became the starting point for the victory of Vietnamese revolution and the growth of the nation in the following periods. With sound policies, the CPV strongly inspired and revived aspirations for national liberation among the Vietnamese people. Only 15 years following the Party revolutionary path, Vietnam had made a great miracle – the success of the August Revolution in 1945, smashing the colonial-feudal rule, establishing the Democratic Republic of Vietnam, and bringing the nation into the era of independence and freedom. On September 2, 1945, at Ba Dinh Square in Hanoi, President Ho Chi Minh read the Declaration of Independence, giving birth to the Democratic Republic of Vietnam. A new era opened for the nation, the most glorious era in the national history – the Ho Chi Minh era. … [Read more...] about Communist Party of Vietnam – leader, companion of nation

Foreign Minister Bui Thanh Son (C, red shirt) and his Lao, Indonesian counterparts posing for a photo with reporters at ASEAN Foreign Ministers’ Retreat (Photo: VNA) Jakarta (VNA) - The Vietnamese delegation to the ASEAN Foreign Ministers’ Retreat, led by Foreign Minister Bui Thanh Son, has actively contributed ideas to creating ASEAN's consensus on many important decisions such as measures to improve the group's institution effectiveness, implement the five-point consensus on the Myanmar issue, and support Timor Leste. The statement was made on February 4 by Ambassador Vu Ho , acting head of SOM ASEAN Vietnam, in an interview granted to Vietnam News Agency correspondents in Indonesia on the outcomes of the retreat. Ambassador Ho said that the Vietnamese delegation not only discussed with other delegates to identify ASEAN's focuses and priorities, but also actively proposed many practical initiatives that are in line with the common concerns of other countries and the … [Read more...] about Vietnam contributes to ASEAN’s consensus on important decisions

According to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment (MPI), close to $1.7 billion worth of foreign capital poured into Vietnam last month. While this figure was down 19.8 per cent on-year, partly due to the timing of the Lunar New Year, January still saw positive signs. Some 153 new foreign-invested projects, valued at $1.2 billion, were granted licences, up 48.5 per cent in number and 3.1 times in value compared to the same period last year. “We can consider this a signal confirming the confidence of overseas financiers to expand their interests in Vietnam,” said Do Nhat Hoang, director of the FIA. This confidence is also reflected in the amount of new projects that were granted investment registration certificates or signed an MoU in the first month of the year. Bac Giang People’s Committee have granted several investment certificates and MoUs for a number of internationally funded projects with total registered capital of about … [Read more...] about Strong figures for FDI in January