About sustainable development international

In response to the International Day for Biodiversity, people release 1,500 small fish at the Ba Be Lake in Bac Kan province Hanoi (VNS/VNA) - While Vietnam is ranked 16th among the countries possessing the highest biodiversity globally with rare and precious genetic resources, the country is facing a rapid degradation of biodiversity and other great challenges such as environmental pollution, land degradation, ocean plastic waste and other extreme impacts of climate change. To call on countries to quickly turn commitments into actions to prevent and reverse biodiversity decline towards building a future of living in harmony with nature by 2050, the International Day for Biodiversity May 22 this year was launched by the United Nations (UN) with the theme "From Agreement to Action: Biodiversity Restoration ". At the 15th UN Biodiversity Conference (COP-15) by the end of last year, Vietnam and more than 190 member countries adopted the Kunming-Montreal Global … [Read more...] about International Day for Biodiversity: Conservation for sustainable development

NA Vice Chairman Nguyen Khac Dinh addresses the 10th Nevsky International Ecological Congress in St. Petersburg (Photo: VNA) Moscow (VNA) - Parliaments should review and complete their national legal framework to create optimal conditions for the building and implementation of economic transition policies towards green, circular economy to match the sustainable development goals and international commitments on climate change, environmental protection and biodiversity preservation, National Assembly (NA) Vice Chairman Nguyen Khac Dinh has stated. Dinh made the statement at the 10th Nevsky International Ecological Congress held in St. Petersburg in Russia, with the theme "Ecology: A Right, Not a Privilege," which drew nearly 1,500 delegates from 52 countries and territories. Lauding the theme of the congress, the Vietnamese representative said that Vietnam always puts the people at the centre and considers the people as the most important motivation and highest target … [Read more...] about Parliaments should play stronger role in protecting environment for sustainable development: NA Vice Chairman

Deputy PM Tran Luu Quang delivers a speech at the 28th International Conference on the Future of Asia in Tokyo on May 25. (Photo: VNA) Tokyo (VNA) – Deputy Prime Minister Tran Luu Quang stressed Vietnam’s commitment to making all-out contributions for the sake of peace, cooperation, stability, and prosperous development in Asia and the world while speaking at the 28th International Conference on the Future of Asia in Tokyo, Japan, on May 25. Highly valuing the conference’s theme of “Leveraging Asia’s power to confront global challenges”, Quang said the world and Asia are witnessing turning-point changes with many intertwined opportunities and challenges. In that context, Asia should be responsible for and play an important role in tapping into opportunities and addressing difficulties and challenges of the era. Asia holds all the necessary potential and advantages for leveraging its contributions to the settlement of challenges facing humankind and for becoming a role … [Read more...] about Vietnam pledges utmost contributions for Asian, global peace, development

In line with the direction of sustainable development and meeting international requirements for circular economy, the regional linkage strategy between Ho Chi Minh City and other provinces and cities aims at green exports. Strengthening regional linkages and harnessing the strengths of each province and city is crucial to promoting sustainable and green exports, according to experts at a forum on the subject held in Ho Chi Minh City on May 25. The Forum on Strengthening Regional Linkages for Sustainable Green Exports in Vietnam brought together experts from various sectors to discuss key challenges and opportunities facing Vietnam's economy, given the global economic uncertainty and growing demand for sustainable products. Deputy Minister of Industry and Trade Do Thang Hai addressed the event. Photos: Cong thuong newspaper Speaking at the forum, Deputy Minister of Industry and Trade Do Thang Hai said Vietnam's economy faced many challenges in the first … [Read more...] about Strengthening Vietnam’s regional linkages for sustainable green exports

A perspective rendering of the project. Photo by Kimson Land An address befitting a business empire Situated in the future international financial hub of Thu Thiem, the Luxury Boutique Office is a new collection of premium office spaces, reserved for leaders of renowned business empires. Operating at all hours of the day to keep up with the world’s biggest business hubs in the world, the project presents a haven for owners to connect with international partners, strategize and carry out important business decisions. The Luxury Boutique Office is geared towards accommodating family offices for the leaders of entrepreneurial empires (30 to 40 years in operation), a headquarters for the management of existing subsidiaries and potential new overseas businesses. With flexibility in conventional office developments, the Luxury Boutique Office also offers the ideal home for law firms, commercial offices, art galleries, auction houses, and more. The lobby at the Luxury … [Read more...] about SonKim Land develops Luxury Boutique Office for business elites

Established in 1990, HDBank is one of the first joint-stock commercial banks in the country established under the policy of reforming the economic management mechanisms of the Party and the state. Implementing the resolution of the sixth Party Congress, Ho Chi Minh City changed from a centrally planned economy to a socialist-oriented market economy. HDBank was established with the initial mission of housing development and urban embellishment, contributing to the development of a civilised and modern Ho Chi Minh City. HDBank has consistently followed the renovation process of Ho Chi Minh City in particular and the country in general. In 2011, with a broader vision after 22 years of operation, the bank decided to change its name to Ho Chi Minh City Development Commercial Joint-Stock Bank to implement a new development strategy for the new era. In 2013, HDBank made a mark on the market as the first case of a voluntary merger of a healthy bank, Dai A Commercial Joint-Stock Bank, … [Read more...] about HDBank contributes to development of Ho Chi Minh City

The global minimum tax will be a challenge for Vietnam to ensure continuing major investments, Photo: Shutterstock As an investor in industrial zone infrastructure, Nguyen Thanh Phuong, general director of Sao Do Group, shared that improving infrastructure and diversifying facilities are the most important issues right now. “Increasing more advantages for such zones means increasing the investment attraction in a sustainable way. Tax incentives are just one of the factors for us to evaluate and make decisions. Investors always prioritise a safe and stable destination to ensure the most effective for their projects, preserving capital and increasing profits,” Phuong said He confirmed that when applying the global minimum tax (GMT), due in many nations from next year, the competitiveness in overseas funding attraction will be seriously impacted. “However, the government is also taking active steps to prepare countermeasures. From the perspective of infrastructure businesses … [Read more...] about Industrial developers eye the effects of upcoming tax regime

Managed by the Swiss-based firm SUSI Partners, SAETF is a visionary energy transition infrastructure fund centred on Southeast Asia, including Vietnam. BII's foray into this region marks a pivotal moment as the institution strives to re-engage with Southeast Asia and provide vital investment capital to bolster clean and sustainable economic growth while supporting the region's profound shift towards green energy. BII joins a group of development finance institutions, including AIIB, FMO, Swedfund, Norfund, and OeEB, as well as other private investors, in lending their unwavering support to SAETF. This investment signifies the initial step in realising BII's ambitious plan to channel up to £500 million (around $620 million) of climate finance into the Southeast Asian region. Furthermore, it aligns seamlessly with BII's overarching objective to direct 30 per cent of its new commitments towards climate finance. SAETF is purposefully designed to target infrastructure investments … [Read more...] about British International Investment ventures into Southeast Asia

At the meeting (Photo: VNA) HCM City (VNA) – The support of Japan and the Japan International Cooperation Agency (JICA) in capital, consultation, and technology transfer serving environmental protection projects in Ho Chi Minh City has actively contributed to the southern economic hub's realisation of net-zero goal by 2050 and future sustainable development, affirmed a municipal official. Vice Chairman of the municipal People’s Committee Bui Xuan Cuong made the statement on May 15 while receiving Tsuno Motonori, General Secretary of the Japan-Vietnam Friendship Association (JVFA) in Japan’s Kansai region, who is on a working visit to the city. The official expressed his belief that his guest will make further contributions to HCM City’s development via effective projects as a consultant for many JICA projects in Vietnam and foster the city's economic cooperation and cultural exchanges with Kansai and Japan as JVFA official. In a group photo, from right: Vice Chairman … [Read more...] about HCM City values Japan’s support for local sustainable growth

Highly valuing the conference’s theme of “Leveraging Asia’s power to confront global challenges,” Quang said the world and Asia are witnessing turning-point changes with many intertwined opportunities and challenges. In that context, Asia should be responsible for and play an important role in tapping into opportunities and addressing difficulties and challenges of the era. Asia holds all the necessary potential and advantages for leveraging its contribution to the settlement of challenges facing humankind and for becoming a role model of peace, cooperation, and development, he noted. Giving five suggestions, the Deputy PM said that first, Asian countries need to share and realize the vision on building a rules-based and U.N. Charter-centered international system; consistently promoting multilateral cooperation and engaging in reforming and improving the efficiency of such global governance institutions as the World Trade Organization (WTO), the International Monetary Fund (IMF), … [Read more...] about Vietnam pledges utmost contribution for Asian, global peace, development