Planning Bicycle Infrastructure in Urban Areas will make cycling safer and more comfortable for people. The Urban Bicycle Infrastructure Design Technical Guide, the first in Vietnam, is based on lessons learned from recent bicycle infrastructure and road safety projects in Vietnamese cities and contributes to green city development. It is heard at the launching ceremony jointly held by the Ministry of Construction (MoC) and the German Agency for International Cooperation (GIZ) in Hanoi on May 29. According to Daniel Herrmann, chief technical advisor for the Support to Vietnam for the Implementation of the Paris Agreement, Phase II project, The guide will make cycling safer and more comfortable for people and promote cycling as an everyday travel option for people in Vietnam. "Prioritizing bicycles as a daily mode of transport is an effective and low-cost strategy that can help cities achieve their green growth goals and contribute to the country's net-zero emissions … [Read more...] about Bicycles contribute to green city development in Vietnam
Contribute greatly to emotional and social development in midlife
Great efforts to preserve and sustainably develop biosphere reserves
K50 waterfall in Kon Ha Nung Biosphere Reserve in the Central Highland province of Gia Lai (Photo: VNA) HCM City (VNA) - Management boards of biosphere reserves nationwide have taken initiatives and solutions to conserve and sustainably use natural resources, thus implementing Vietnam’s sustainable development goals and promoting tourism development, according to Deputy Minister of Natural Resources and Environment Vo Tuan Nhan. socio-economic development for local communities, Nhan said. Brown-shanked douc langurs in Son Tra Peninsula (Photo:VNA) Meanwhile, Ca Mau Cape World Biosphere Reserve with the core areas of Ca Mau Cape National Park, U Minh Ha National Park and Western coastal protection forest of the Mekong Delta province of Ca Mau, and its buffer zones, have created a large corridor of diverse landscapes and ecosystems, including mangrove ecosystems, mudflats, peat swamp forest and marine ecosystem. It is home to rich biological and geological resources with … [Read more...] about Great efforts to preserve and sustainably develop biosphere reserves
Great opportunities for investment in Vietnam’s ICT
Nguyen Thien Nghia - Deputy director, Authority of IT and Communications Industry, Ministry of Information and Communications Foreign-invested enterprises in phones, computers, and components are dominating major export groups. In the last five years, the electronics industry has contributed greatly to the country’s total export turnover of electronics, making a great contribution to the balance of foreign exchange and trade balance of the country. In 2021, the export of electronic hardware for the first time exceeded the level of $100 billion when it achieved export revenue of $121.8 billion, a growth of 27.4 per cent, the highest level in the recent five years. Foreign investment has also contributed to enabling Vietnam to become one of the world’s major electronics industry development centres. Vietnam’s electronics industry has lured in large groups such as Samsung, Foxconn, LG, Panasonic, Intel, Electronics, Nokia, and others. Vietnam is ranked second in the world in … [Read more...] about Great opportunities for investment in Vietnam’s ICT
Investors need to balance price, quality to succeed in social housing market
A social housing project in Can Tho City. Expert suggests investors to balance selling price and quality when developing the social housing projects. — Photo from Internet Investors who plan to participate in Viet Nam's social housing market in the future should balance selling price, construction quality and sustainability factors to succeed in the market, experts said. A recent report entitled “Viet Nam Social Housing 2023 – A Home for All” from Cushman & Wakefield Vietnam revealed that Viet Nam will reach a population of 100 million people by 2023, putting the country at 15th worldwide and the third most populous country in the ASEAN region, behind only Indonesia and the Philippines. Meanwhile, the urbanisation rate of the whole country has increased from 20 per cent in 1993 to 41.7 per cent in 2022. “The rapid urbanisation process contributes to economic growth, but also widens the gap between rich and poor. Average house prices in Viet Nam are currently about 20 times … [Read more...] about Investors need to balance price, quality to succeed in social housing market
Great efforts to sustainably develop biosphere reserves
As areas with special nature and biodiversity values, the 11 world biosphere reserves in Vietnam have been recognised by UNESCO. They play a crucial role in conserving and developing ecosystems , preserving the environment and adapting to climate change. The wetland ecosystem in Can Gio Mangrove Biosphere Reserve in Can Gio district, Ho Chi Minh City, helps create urban green areas and landscapes, protect and prevent coastal erosion, and respond to climate change. The Can Gio Mangrove Biosphere Reserve Management Board said the unit has implemented various research, and conducted resource assessment programmes with the aim of increasing forest coverage, conserving biodiversity, and promoting sustainable development. Mangrove forests in the Ca Mau Cape National Park play an important role in protecting, preventing winds and erosion; improving the environmental, reducing temperature fluctuations, and regulating rainfall, contributing to climate change adaptation and rising … [Read more...] about Great efforts to sustainably develop biosphere reserves
Hanoi to set example in socio-economic development
Hanoi's key economic drivers such as investment, exports and consumption should be the focus of further promotion. Hanoi should remain an example for other cities/provinces in socio-economic development. Hanoi from above. Photo: Pham Hung/The Hanoi Times The Government Office released the Prime Minister's conclusion on the direction of the capital's development. The conclusion emphasizes Hanoi's crucial role as the national political-administrative center and an important hub for business, culture, education, science, technology, and international integration. Despite the prevailing challenges faced by the entire country, the city has shown great determination and taken decisive action to successfully contain the Covid-19 pandemic, eventually moving from a state of lockdown and social distancing to a safe and flexible adaptation. "This has enabled the recovery of socio-economic development and ensured social security," the announcement said, adding … [Read more...] about Hanoi to set example in socio-economic development
HDBank contributes to development of Ho Chi Minh City
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
Vietnam sees great opportunity to access mRNA vaccine production technology: UNDP official
Patrick Haverman, UNDP Deputy Resident Representative in Vietnam addresses the workshop (Photo:congthuong.vn) Hanoi (VNA) – Vietnam is seeing a great opportunity to access the mRNA technology for vaccine production, said Patrick Haverman, UNDP Deputy Resident Representative in Vietnam, at a workshop held by the United Nations Development Programme (UNDP) and the Health Strategy and Policy Institute (HSPI) under the Ministry of Health in Hanoi on May 22. Haverman underlined the need for Vietnam to carefully consider the steps and timelines, the scale and sources of the required investment of funds, and the development of expertise to ensure this technology transfer's effectiveness and financial sustainability. The collaboration among the key departments, institutes, enterprises, senior experts, and partners at the workshop will contribute to developing an effective national strategy to improve vaccine access in Vietnam and the broader region in the coming time. The … [Read more...] about Vietnam sees great opportunity to access mRNA vaccine production technology: UNDP official
Measures to develop sustainable value chain of lotus silk products discussed
In the 2018-2021 period, the IUCN piloted a project in support of a water retention strategy for the Mekong Delta in An Giang, Dong Thap, and Long An provinces, helping over 1,000 farmers develop flood-based agricultural economic models. Tang Phuong Gian, field coordinator of the IUCN, said the new project will also benefit farmers in these localities in the 2023 – 2025 period, focusing on providing farmers with technical support and training to implement lotus cultivation to increase flood retention areas; and building a sustainable supply chain for lotus silk products by supporting the livelihoods and improving economic conditions for lotus farmers and craftsmen in traditional villages. According to Truong Kien Tho, Vice Director of the Department of Agriculture and Rural Development of An Giang province, the floodwater-based lotus cultivation model has contributed to helping local farmers shift to an "agricultural economy" mindset by integrating multiple values from lotus plants … [Read more...] about Measures to develop sustainable value chain of lotus silk products discussed
Geneva business seminar discusses Da Nang development
The event gathered businesses operating in many fields such as banking, asset management, information technology, law, and investment consulting. In his opening speech, Vice Chairman of the Da Nang People’s Committee Ho Ky Minh briefed participants on the Vietnamese Central economic hub’s socio-economic development and policies serving future growth. He stressed that the municipal authorities have proposed to the Vietnamese Government specific mechanisms and policies to form Da Nang international financial center and pay great attention to the development of high-tech sectors. The city is striving to lift the contribution rate of its Da Nang Hi-Tech Park to 10% - 15% of the gross regional domestic product (GRDP) in the 2025-2030 period. This seminar is a premise to effectively connect Da Nang with the business community in Switzerland and other partners who have plans to expand their investment and business in the high-tech field, Minh noted. Ambassador Le Thi Tuyet Mai, head … [Read more...] about Geneva business seminar discusses Da Nang development