Charge hub emergency tool

Illustrative image (Source: AFP/VNA) Hanoi (VNA) – In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target. Following the Paris Climate Accords , Vietnam must fulfill its mandatory obligation to reduce greenhouse gas emissions from 2021 according to the Nationally Determined Contribution (NDC). The country also needs to make efforts to reduce GHG emissions towards the goal of net-zero emissions by 2050. Statistics show that carbon pricing tools control about 23% of total global emissions in 2023. In Vietnam, the voluntary exchange of carbon credits with the world has been carried out by businesses since the mid-2000s in projects and programmes under the Clean Development Mechanism (CDM) - a United Nations-run carbon offset … [Read more...] about Vietnam makes efforts to develop domestic carbon market

In a conversation with Guo Yonghang, Secretary of the Guangzhou Party Committee and Mayor of the Guangzhou Municipal Government prior to the signing ceremony, Dung hailed the role of Guangdong province and Guangzhou city as a leading locality in high-quality development and a hub for the pilot of many new policies, including the policy to renovate the development, urban management, and special economic zone models. Guo highlighted the similarities between Hanoi and Guangzhou in culture, trade and tourism as well as the development of the partnership between the two cities, especially in trade and investment. He expressed belief that the Hanoi delegation’s visit, especially the meeting between Dung and Huang Kunming, Secretary of the Guangdong Party Committee, on September 25, has made an important milestone in the Hanoi - Guangzhou relations. The Guangzhou Mayor suggested that the two cities further increase the exchange of experience in urban management and tourism promotion. He … [Read more...] about Hanoi fosters partnership with China’s Guangzhou city

NINEVEH, Iraq - More than 100 people were killed and 150 injured in a fire at a wedding party in Hamdaniya district in Iraq's Nineveh province that left civil defence searching the charred skeleton of a building for survivors into the early hours of Wednesday. Nineveh Deputy Governor Hassan al-Allaq told Reuters that 113 people had been confirmed dead, with state media putting the death toll at at least 100, with 150 people injured. The fire ripped through a large events hall in the north-eastern region after fireworks were lit during the celebration, local civil defence said, according to state media. "We saw the fire pulsating, coming out of the hall. Those who managed got out and those who didn't got stuck. Even those who made their way out were broken," said Imad Yohana, a 34-year-old who escaped the inferno. Security forces and emergency responders among others gather at a hospital following a fatal fire at a wedding celebration, in the district of Hamdaniya … [Read more...] about More than 100 dead, 150 injured in Iraq wedding inferno

Work on the Bien Hoa - Vung Tau Expressway between the beach city of Vung Tau and the industrial city of Bien Hoa in Dong Nai Province began in June. But contractors have yet to receive cleared land to build the expressway in Dong Nai. Slated to cost around VND18 trillion (US$755.67 million) in total, the expressway will run 53.7 km in Ho Chi Minh City and 34 km in Dong Nai before reaching Ba Ria - Vung Tau Province. In Ba Ria – Vung Tau, 80% of site clearance has been completed, while in Dong Nai progress has reached just 6%. Nguyen Hong Que, deputy director of the board that is in charge of site clearance and compensation for the expressway in Dong Nai, said 290 hectares still need to be cleared to serve the project. Of 3,700 houses that need to be removed, many were built illegally, and their owners do not have official house ownership certificates. Instead, they have only hand-written papers, making it complicated for compensation procedures, said Que. In addition, … [Read more...] about Site clearance delays road construction in Dong Nai

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business