Database 2 phase commit

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

Illustrative image (Photo: danang.gov.vn) Da Nang (VNA) – A workshop was held in the central city of Da Nang on August 2 to kick off the second phase of a project on waste classification at source and waste recycling funded by the Japan International Cooperation Agency (JICA) in the locality. The event was jointly hosted by the municipal Department of Natural Resources and Environment and the Institute for Global Environmental Strategies (IGES) of Japan. According to Director of the municipal Department of Natural Resources To Van Hung, the first phase of the project , implemented for five years within JICA ’s Development Partner Programme as part of the bilateral cooperation programme between Da Nang and Japan’s Yokohama city, has proven effective. Officials of Da Nang have been trained directly in Japan, and many models piloted in Hai Chau and Thanh Khe districts. Addressing the workshop , Tsukiji Makoto from IGES introduced a plan to implement the project’s … [Read more...] about JICA-funded project helps Da Nang enhance waste classification at source

Vietnam strives to restore tourism back to the state of 2019 before the Covid-19 pandemic broke out. Vietnam’s latest tourism planning places emphasis on the sustainable development of the industry to make it the spearhead in the country’s economy in the years to come. Overview of the conference held on August 9. Photo: MCST The issue was discussed at a conference held on August 9 which gathered domestic and foreign officials and experts to provide ideas for Tourism Planning for the period 2021-2030 and a vision for 2045. The planning has many important points, including quality, efficiency, and competitiveness of an industry that generated US$32 billion in 2019 (before the Covid-19 pandemic). It aims to restructure the tourism industry with spatial orientations and development solutions coupled with the planning of tourist sub-regions, maritime tourism, among others. Vietnam’s tourism industry needs to be oriented by a long-term vision, based on … [Read more...] about Vietnam seeks ways to boost competitiveness of tourism

With the theme A World Beyond Cash – Accelerating, Innovating, Connecting you to Priceless Possibilities , the forum has helped sketch the big picture of the current payment landscape, drawing the ways how Mastercard and its key partners join hands to increase the capability of payment and better serve the population in Vietnam. Vietnam is now among the fastest-growing economies in Asia-Pacific, experiencing the fourth payment revolution and showing great growth potential, thanks to a young population with a digital mindset. Despite the negative impacts brought by the pandemic, the Asian Development Bank forecasts that the country’s GDP will reach 6.5 per cent in 2022, increasing 2.5 times from 2021’s figure and reflecting the most impressive economic recovery across Southeast Asia. In 2021, apart from maintaining a positive GDP figure, Vietnam recorded a 13 per cent increase in credit growth and a 9 per cent increase in foreign investments, alongside the $21 billion valued … [Read more...] about Mastercard celebrated its Customer Forum 2022 for Vietnamese partners

Exporters are allowed to self-certify the origin of export and import shipments with a value of less than EUR6,000 On June 11, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT guiding the implementation of UKVFTA rules of origin. The circular took effect on July 26, 2021. Accordingly, for export value exceeding EUR6,000, exporters must obtain a certificate of origin authorized by the Ministry of Industry and Trade. Exporters are allowed to self-certify the origin of export and import shipments valued at less than EUR6,000 between the UK and Vietnam. For imports worth more than EUR6,000 into Vietnam, exporters registered in an electronic database authorized by the UK customs authorities are allowed to self-certify. Proof of origin must be submitted to Vietnamese customs within two years of imports. Customs authorities may require a translation if not in English. Certificates of origin are valid for 12 months and must be submitted to customs authorities of … [Read more...] about UK tariff preferences benefit Vietnam

Once completed, the project will bolster connectivity between Hanoi and the northern provinces in the Hanoi Capital Region. Hanoi considers effective cooperation with neighboring cities/provinces key to ensuring the speedy construction of the Ring-road No.4 project, with an estimated total investment capital of VND85.8 trillion (US$3.7 billion). Secretary of the Hanoi Party Committee Dinh Tien Dung. Photos: Pham Cong Secretary of the Hanoi Party Committee Dinh Tien Dung stressed the combined efforts during a meeting with leaders of Hung Yen and Bac Ninh Province on the plan for Ring-road No.4 construction today [August 5]. Ring road No.4 with a total length of 112.8 kilometers and covering a combined area of 1,341 hectares, would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). Once completed, the project is expected to bolster provincial connectivity between Hanoi and the northern provinces in the capital … [Read more...] about Hanoi eyes effective cooperation with neighboring provinces in Ring road No.4 project

The PM made the statement while addressing a Hanoi ceremony to celebrate MoNRE’s 20th anniversary (August 5, 2002 - 2022) where he presented the ministry with a first-class Labour Order. He urged the ministry to complete and put into use a centralized, multi-purpose, integrated and interconnected national database on land by 2025 at the latest. The ministry must also enhance the efficiency of the management and use of natural resources while addressing issues related to land and mining management and effectively responding to decline and depletion of water resources to maintain water security, he added. It must also develop a mechanism for sharing resources and resolving disputes in trans-boundary water management and use, particularly along Mekong and Red Rivers, the PM said. He called on MoNRE to unleash potential of coastal areas and bring their advantages into full play, and to build a world-standard ocean and coastline governing system, referring to the fact that Vietnam … [Read more...] about Environment ministry urged to accelerate digital transformation

Illustrative photo (Source: VietnamPlus) Hanoi (VNA) - While there are very few wild tigers left, the number of the registered captive big cats in Vietnam, mostly in private facilities, has increased from 97 in 2010 to 364 in 2021. According to conservationists, there are only about five tigers recorded in the wild in Vietnam. However, individuals and businesses are seeing booming activities of tiger farming for non-commercial purposes, with the number of registered captive ones increasing year by year. Conservation efforts Yet, five is the figure projected by the World Wildlife Fund (WWF) on the basis of the International Union for Conservation of Nature (IUCN)’s estimates as of 2015. Since 2009, Vietnam has not recorded any tigers in the wild or conducted any national surveys of the animal. In the face of tiger disappearance, at the Global Tiger Summit in Russia in 2010, Vietnam and 12 countries committed to doubling the number of wild tigers in the world by 2022 - … [Read more...] about 10 years of conservation: how many tigers left in the wild in Vietnam?

Deputy chairman of the Foreign Affairs Committee of the National Assembly Nguyen Manh Tien speaks at the seminar. — Photo tinnhanhchungkhoan.vn In the face of the explosive wave of global technology, with increasingly favourable policies and rising interest of businesses, the Vietnamese blockchain market is forecast to continue to develop positively. The Foreign Affairs Committee of the National Assembly in collaboration with the Viet Nam Blockchain Association held a seminar on international experience in blockchain technology development and recommendations for Viet Nam last week. The conference aims to learn and enhance experience, standardise solutions for the development and application of blockchain technology, towards perfecting the legal system, and building institutions and policies to create a legal corridor for technology-related activities. Phan Duc Trung, permanent vice president of Viet Nam Blockchain Association, said: "Blockchain technology is a kind of … [Read more...] about Creating a legal corridor for blockchain development in Viet Nam

Localisation favoured by overseas banks, Photo Shinhan Bank Vietnam Shinhan Bank last week expanded its footprint in Vietnam by opening three new branches in the country’s two most populous cities, solidifying its position as the largest foreign lender currently active in the Southeast Asian nation. The bank said it has established a new branch in Hanoi, in addition to two branches in Ho Chi Minh City. This brings the total number of the bank’s offices in Vietnam to 46. “The new branches help us to maintain the largest sales network in Vietnam among all foreign banks operating there,” the bank said. “We expect that such a network will build a friendlier brand image across Vietnam, and in that regard, we will strive to offer better services.” In May, Shinhan Financial Group announced an agreement, worth roughly $90 million, to acquire a 10 per cent stake in Vietnam’s e-commerce platform Tiki. Its two units, Shinhan Bank and Shinhan Card, purchased 7.44 and 2.56 per cent … [Read more...] about Localisation favoured by overseas banks