Development

The Vietnamese delegation attends the international inter-party conference via videoconference on October 6. (Photo: VNA) Hanoi (VNA) – A delegation of the Communist Party of Vietnam (CPV) attended virtually an international inter-party conference on ecological security and sustainable development held by the United Russia party in Sakhalinsk city on October 6. The hybrid event saw the presence of Chairman of the United Russia party and Vice Chairman of the Security Council of Russia Dmitry Medvedev, President of the Cambodian People’s Party and Prime Minister of Cambodia Hun Sen, along with leaders of the ruling parties in some Asian-Pacific countries. In his speech, Le Hoai Trung, member of the CPV Central Committee and Chairman of the CPV Central Committee’s Commission for External Relations, highlighted the main content of Vietnam’s sustainable development policy. He affirmed that the sustainable development policy of Vietnam both reflects common positive … [Read more...] about Vietnam attends int’l inter-party conference on sustainable development

Vietnam Rubber Group (VRG) is completing its restructuring scheme for 2021-2025 to submit to the Committee for Management of State Capital at Enterprises. One of the highlights is that industrial real estate will be one of three core business sectors, and the company will foster divestment from the rubber sector to mobilise resources for the industrial real estate sector. Developers eager to cultivate funding in industrial real estate - illustration photo VRG general director Le Thanh Hung said that by 2025, the group’s revenue is expected to increase by 30 per cent, and profit will increase by 25 per cent. The group’s consolidated revenue is expected to climb to VND161 trillion ($7 billion), and consolidated pre-tax profit will be $1.49 billion. The after-tax profit of the parent company will be $536.9 million. “To achieve the above goals, the group will apply for a license to convert part of the rubber area to land for industrial production, contributing to improving … [Read more...] about Developers eager to cultivate funding in industrial real estate

Ms. Nguyen Thi le speaks at the conference (Photo: SGGP) Ms. Phuong Hoang made the statement at a meeting with tourism businesses in the city chaired by Chairwoman of the People's Council of Ho Chi Minh City Nguyen Thi Le. In addition to the plan to develop tourism products, many businesses also gave ideas to get preferential loans, reduce electricity bills and reduce value-added tax. According to Ms. Dang Thi Thy Thanh, Deputy General Director of BenThanh Tourist, businesses fall into difficult situations in terms of cash flow and loans. The tourism industry’s profit margin is very small but some partners want to receive money soon after selling following tours, making it difficult for businesses to arrange cash flow; as a result, tourism businesses raised their concerns about difficulties in getting loans and loans' high interest rates. In addition, tourism companies have bumped into difficulties related to input costs, recruitment of personnel, and operating costs. … [Read more...] about HCMC needs to develop night economy products to retain international visitors

The capital city aims to develop unique and attractive services such as sports tourism, MICE tourism and golf tourism in the coming years. Hanoi has welcomed 13.87 million visitors in the first nine months of this year, an increase of more than four times over the same period last year. Of these, 766,000 are international visitors. Large-scale tourism events will be organized An Ao dai performance in Van Mieu Temple of Literature in Hanoi in early 2022. Photo: toquoc.vn Despite the significant recovery, the municipal tourism sector may not meet its target of receiving between one and 1.2 million visitors in 2022, according to experts, who added that Hanoi should organize large-scale tourism events soon to get closer to the previously set target. According to the Hanoi Department of Tourism, it will organize new tourism programs and cultural and entertainment events to attract more tourists to the capital until the end of the year. The department … [Read more...] about Build up a unique and appealing Hanoi tourism

Rice harvesting in Central Highlands Gia Lai Province. Nearly 90 million tonnes of by-products are estimated from harvests and processing of crops nationwide. — VNA/VNS Photo Deputy Minister of Agriculture and Rural Development Tran Thanh Nam talked to the press about the potential of turning agricultural by-products into renewable resources towards the development of circular agricultural economy associated with green growth. Could you talk about the potential of using by-products in agricultural production? In the past, the agricultural sector of Viet Nam has made impressive development with market-oriented agricultural production, bringing in improved quality and added value for producers. However, the process of agricultural production has also created a large volume of by-products which would cause environmental protection issues and a waste of an organic resource without proper management measures. This resource will not only bring in huge economic efficiency but also … [Read more...] about Huge potential remains in exploiting agricultural by-products

Minister of Natural Resources and Environment Tran Hong Ha speaks at the forum (Photo: VietnamPlus). Hanoi (VNA) - The circular economy is the solution for Vietnam to continue firmly on the path to sustainable development , a green and a low-carbon economy, Minister of Natural Resources and Environment Tran Hong Ha said at the Vietnam Circular Economy Forum 2022 on June 28. Participants said Vietnam must focus on speeding up "green and circular" economic development, saying that the circular economy is the foundation to create a "golden key" to help Vietnam realise its commitment to net zero emissions by 2050. “Green” economic development Environmental and climate issues are always a top priority of the Vietnam ese Party, National Assembly, and Government, along with national development programmes and plans, with the ultimate goal of protecting people’s health, ensuring environmental quality, and conserving biodiversity and the ecosystem. Building a … [Read more...] about Circular economy: Foundation for Vietnam to realise net-zero-emission goal

UNDP Resident Representative in Vietnam Caitlin Wiesen speaks at the event (Source: VNA) Hanoi (VNA) - Vietnam is projected to need about 330 - 370 billion USD to realise net zero emissions by 2050 as pledged by Prime Minister Pham Minh Chinh at the 26th UN Climate Change Conference (COP26), said Caitlin Wiesen, Resident Representative of the United Nations Development Programme (UNDP) in Vietnam. She made the statement while speaking at the fifth National Environment Conference hosted by the Ministry of Natural Resources and Environment on August 4. The conference takes place at an important time as Vietnam is realising commitments announced at COP26. The UNDP representative advised Vietnam to speed up the production of renewable energy, improving productivity, and protecting labourers and vulnerable groups. Vietnam should design an innovative and dedicated climate finance strategy to facilitate green finance flows from all investment and development sources, she … [Read more...] about UNDP puts forth for Vietnam six mechanisms to net zero emissions

Careful consideration must be given to the planning and development of airports to ensure feasibility, experts have warned, as localities across the country propose the airports in their provinces. Crowded Tân Sơn Nhất Airport, HCM City. During the past few weeks, three provinces, including Tuyên Quang, Sơn La and Kon Tum, sent documents to the Ministry of Transport proposing airports in their provinces be added to the national airport planning. Ninh Bình, Hà Tĩnh, Ninh Thuận, Đắk Nông, Hà Giang, Bắc Giang and Bình Phước provinces also raised similar proposals in the past. While four plans for road, maritime, inland waterway and railway are already approved, planning for the national airport system in the 2021-30 period has not yet been completed. Aviation expert Nguyễn Bách Tùng said as the planning continues, localities are applying for permission to build airports to promote socio-economic development. According to statistics of the … [Read more...] about Airport planning must ensure financial feasibility, efficiency

The preference for having a son remains a pervasive form of gender inequality and discrimination in African countries, the Balkans, the Caucasus, Asia, and Vietnam. The importance of joint efforts in curbing son preference and gender-based sex selection in several countries, including Vietnam, is on the agenda at a policy dialogue held in Hanoi on October 4-6. Bjorn Andersson, Regional Director for UNFPA Asia and the Pacific, addresses the policy dialogue held in Hanoi on Oct 4-6. Photos: UNFPA “We must address social norms that diminish the value of girls and women and support national and community efforts to address preference for sons and sex selection,” Bjorn Andersson, Regional Director for UNFPA Asia and the Pacific. Vice Minister of Vietnam’s Labor, Invalids and Social Affairs (MOLIA) Nguyen Thi Ha speaks at the event. Speaking at the event, Vice Minister of Labor, Invalids and Social Affairs (MoLIA) Nguyen Thi Ha said that in … [Read more...] about Joint efforts needed to end norms depreciating female values: UNFPA

The combination of golf and tourism may be a solid boost to the tourism sector that has suffered adversities of the Covid-19 pandemic. As approved by the Hanoi People’s Committee, the Kinh Te & Do Thi (Economic & Urban) newspaper, in cooperation with the Vietnam Golf Tourism Association, will host the “Hanoi Golf & Cultural Exchange Week 2022” in Hanoi’s Dong Mo Golf Club during October 17-22, 2022. The sporting event is expected to connect all domestic and international golfers, introduce and promote new tourism products, and attract foreign visitors to Hanoi tourism sites. Editor in Chief of Kinh Te & Do Thi newspaper Nguyen Minh Duc and Vice Permanent Chairman of the Vietnam Golf Tourism Association Pham Thanh Tri share their opinions on the threshold of the event. How did you come up with the idea of the “Golf Tourism and Culture Week – Hanoi 2022” event? Chief Editor Nguyen Minh Duc : I have thought there should be an … [Read more...] about Golf tournament expected to boost tourism in capital city