Therefore, the Government of Vietnam has been striving to combat natural disasters by reducing risks and promoting preparation and development for different climate change-related scenarios. These activities have further affirmed Vietnam’s policies on guaranteeing human rights, especially the rights of vulnerable groups in the society. Vietnam actively responds to climate change. (Photo for illustration: baotainguyenmoitruong.vn) It is worth noting that the Government of Vietnam has made a strong political commitment to responding to climate change. At forums on the cooperation on climate change response or during diplomatic meetings, Vietnamese leaders have always emphasized the realization of international commitments and the effective implementation of related international commitments, and wished to coordinate with other countries in the field. Especially at the 74th session of the United Nations (UN) General Assembly in New York (the US) this September, … [Read more...] about Vietnam proactively responds to climate change to guarantee human rights
Challenges faced by human resource managers
Vietnam fintech sector in the fast lane
Out of the 154 fintech startups, 37 operate in payments, 25 in P2P lending and 22 in blockchain and crypto and remittance, according to a survey by the Banking Technology Development Research Institute (BTI), National University of Ho Chi Minh City, released at a fintech conference in HCMC on Monday. The rapid growth of fintech has transformed the financial and banking sector by offering consumers more convenient products and services. Fintech companies in Vietnam are likely to continue encroaching on the retail market share of traditional banks, with peer-to-peer lending, e-wallets, payment and cashless payments becoming an integral part of everyday life, the report noted. However, areas such as asset management, liquidity management, investment management, insurance, and automated advisory services are still in their infancy, it added. Hoang Cong Gia Khanh, director of BTI, said: "Because 70 percent of Vietnam’s fintech companies are still startups, it will be difficult to … [Read more...] about Vietnam fintech sector in the fast lane
Initial costs in green apartments offset later
Developers are moving towards sustainable development by promoting green apartment buildings but there are issues to surmount. The International Finance Corporation (IFC) awarded EDGE certification to the HausNeo Apartments project developed by the EZ Land Vietnam Development JSC in August, as it met the required excellence in design for green buildings. According to Mr. Do Ngoc Dung Oliver, CEO of EZ Land, there are signs that awareness of the value of going green is increasing in Vietnam. “People are attracted by the savings they can achieve through lower utility bills and by the unique green features of EDGE-certified buildings,” he said. “This EDGE certification will further help raise people’s awareness and show the sustainability values of EZ Land through our first apartment project, HausNeo.” Many other developers have also joined the sustainable development movement by promoting green apartment buildings. Mr. Dang Thanh Long, Managing … [Read more...] about Initial costs in green apartments offset later