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N.A. Chairman holds working session with Binh Thuan leaders

March 28, 2023 by en.qdnd.vn

Noting that Binh Thuan is referred to as a "transportation hub" that connects the North central and central coastal regions with the southern key economic region, Chairman Vuong Dinh Hue said with existing potential and advantages as well as socio-economic achievements in recent years, Binh Thuan will have all the important conditions to make a strong breakthrough when the eastern section of the north-south expressway is open to traffic and Phan Thiet airport is put into operation. He asked the province to promptly submit its master plan for the 2021-2030 period with a vision to 2050, stressing that it needs to identify new growth drivers and production capability in the development process as well as try harder to draw investment in industrial parks. Further attention should be paid to cultural-sport-tourism activities, health care, education, social welfare and sustainable poverty reduction, he said. In the morning the same day, Chairman Vuong Dinh Hue offered incense and paid … [Read more...] about N.A. Chairman holds working session with Binh Thuan leaders

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Vietnam’s Long Thanh int’l airport project probably behind schedule again

March 28, 2023 by tuoitrenews.vn

Phase one of the Long Thanh International Airport project in Dong Nai Province, southern Vietnam may miss the deadline to be put into service in 2025, as lots of work for the first phase is being carried out at a snail’s pace, especially the selection of a capable contractor to build its passenger terminal. Experts in the field said this project falling behind schedule would make Tan Son Nhat International Airport in neighboring Ho Chi Minh City even more overwhelmed by a soaring number of air passengers and result in a large amount of opportunity cost for economic growth. Work on passenger terminal to be completed in 2026 Thousands of workers along with numerous pieces of machinery are working to build the foundation of the airport. However, a capable contractor to construct the passenger terminal, the most important package of the airport, has yet to be chosen. While awaiting to find a qualified contractor, the Airports Corporation of Vietnam (ACV), the project investor, … [Read more...] about Vietnam’s Long Thanh int’l airport project probably behind schedule again

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UK-funded CFA to support nine low-carbon projects in Vietnam

March 27, 2023 by hanoitimes.vn

The CFA is part of the UK Government's efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow in 2021. Nine low carbon projects from across Vietnam have been announced to be part of the first cohort of the Climate Finance Accelerator (CFA) Vietnam. The selected projects come from diverse sectors including renewable energy, resource and energy efficiency, electromobility, AFOLUs (agriculture, forestry and other land uses), decarbonised construction, circular economy and waste management, and have the potential to benefit communities across Vietnam. Deep C Green is one of the first nine low-carbon projects in Vietnam to join the CFA. Photo: Deepc.vn Projects will receive tailored one-on-one and group support to improve project readiness and chances of attracting investment from Vietnamese and international investors. This will include advice on technical aspects, financial models, and pitch materials, as well as … [Read more...] about UK-funded CFA to support nine low-carbon projects in Vietnam

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Innovative low-carbon projects join UK’s climate finance scheme

March 27, 2023 by vir.com.vn

To improve project readiness and provide opportunities to attract investment from Vietnamese and international investors, the schemes will receive tailored one-to-one and group support. This will include advice on technical aspects, financial models, materials, and advice on enhancing gender equality and social inclusion. The CFA is part of the UK government’s efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow two years ago, and offer support to implement the Vietnam Just Energy Transition Partnership (V-JETP) that was agreed upon in December last year. “The exciting and innovative projects selected to be part of CFA Vietnam underline the significant potential of the Vietnamese private sector to help tackle the climate crisis," British Ambassador to Vietnam, Iain Frew, said. "The expertise shared with these projects will help move them closer to finding investment, leading to reductions in carbon emissions for communities across … [Read more...] about Innovative low-carbon projects join UK’s climate finance scheme

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Seminar seeks experts’ advice for Vietnam’s green transition

March 28, 2023 by en.qdnd.vn

The event was co-organized by the EfD (Environment for Development)-Vietnam, the Economy and Environment Partnership for Southeast Asia (EEPSEA), and the University of Economics Ho Chi Minh City (UEH). Dr. Nguyen Quang from the UEH said, heavily affected by climate change, Vietnam has become one of the pioneering countries in Southeast Asia in green transition. He noted that Vietnam has come up with many outstanding financial policies concerning taxes, fees and economic tools to help enterprises develop green production, with many local firms switching from traditional business models to smarter and more sustainable, environmentally friendly ones. Dr. Nguyen The Chinh from the EEPSEA pointed a number of existing barriers that make it difficult for companies to implement their green transition, notably a lack of specific and legalized regulations on criteria to identify green businesses, green production processes, and green materials, among others. The expert suggested a need … [Read more...] about Seminar seeks experts’ advice for Vietnam’s green transition

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