Empowering youth for sustainable development

According to research by the World Health Organization, for every $1 spent on early childhood development interventions, the return on investment can be as high as $13. Therefore, investing in the development of the younger generation is a cost-effective way to promote shared prosperity, economic growth, and expand equal opportunities. Shinhan Life aims to build a sustainable future for the next generation of Vietnam Sharing this common perspective, Shinhan Life has been integrating business development with social responsibility since its inception in the Vietnamese market. In addition to charity programmes and support for the basic needs of underprivileged children, the company has collaborated to implement long-term educational programmes aimed at comprehensive child development, enabling them to lead fulfilling lives and become valuable citizens for society, thus promoting Vietnam's sustainable future. Supporting nearly 19,000 in treatment costs for … [Read more...] about Shinhan Life promotes sustainable development for future generation of Vietnam

Speaking at the opening of the event held in Quang Ninh Province, he emphasized the importance of developing science, technology and innovation. Hundreds of delegates from ministries, businesses and production units and scientists were in attendance to learn about breakthrough technologies and solutions. Before the opening, Deputy Prime Minister Tran Luu Quang, Dat, other Party and state leaders, their counterparts from the Quang Ninh Province Party Committee, People's Council and People's Committee, and ministry and other officials visited the booths set up at an exhibition that is part of the event. Nearly 200 booths showcased technological devices and solutions. Quang called for ensuring products are also competitive in terms of prices. "The product might be good, but the price must also be lower than in foreign markets," he said while visiting the booth set up by auto company Thanh Cong Group. Minister of Science and Technology, Huynh Thanh Dat speaks at the … [Read more...] about Technology is foundation for Vietnam’s rapid, sustainable development: minister

Ambassador and Head of the EU Delegation to Vietnam Julien Guerrier speaks to the press (Photo: dantri.com.vn) Hanoi - The European Union (EU) member states all desire to be friends of Vietnam and wholeheartedly support the country's sustainable development goals, said Ambassador and Head of the EU Delegation to Vietnam Julien Guerrier during his first meeting with the press since he took office in Hanoi on September 27. Describing Vietnam as an important partner, Guerrier said the EU has developed a strategy for the Indo-Pacific region in which Vietnam holds a critically important position in terms of economy, population, and geographical location. During his tenure, he expressed wish to fulfill the task of supporting Vietnam in its socio-economic recovery post pandemic, contributing to realising its ambitious goals of achieving high-income status by 2045 and net-zero emissions by 2050. As Vietnam is actively promoting research and innovation, and applying sci-tech advances … [Read more...] about EU Ambassador: EU supports Vietnam’s sustainable development goals

Vietnam now has nearly 55,000ha of dragon fruit farming and harvests about 1.3 million tons each year. The favorable soil and climate conditions have enabled the country to produce dragon fruit on a large scale all year round. As a result, it used to be the world’s leader in terms of the farming area, output, and export value, said Nguyen Quoc Manh, head of the fruit tree division of the Crop Production Department at the Ministry of Agriculture and Rural Development. However, after conquering several markets for a certain period of time, the fruit from Vietnam is facing a number of challenges, he noted, pointing out the foreign markets’ increasingly stringent standards for quality, food safety, and look of fresh dragon fruits, the emergence of many pests and diseases caused by climate change impacts, soaring fertilizer prices, the unsustainable connectivity between businesses and farmers, the limited number of companies involved in value chains to meet requirements of major and … [Read more...] about Vietnam seeks to secure sustainable development for dragon fruit sector

The event was designed to open up connection opportunities for businesses and organizations to accelerate green transformation. Addressing the forum, Deputy Minister of Science and Technology Bui The Duy said that digital transformation and green transformation are inevitable trends in the world, and highlighted the crucial role played by digital transformation and green transformation in promoting economic growth, improving labor productivity, competitiveness, production and business efficiency, minimising dependence on sources of fuel that cause pollution and reducing carbon footprint. Scientists and experts underlined the need to promote technological innovation and make changes in managing, training and improving the quality of human resources to create new products, new processes, thus increasing value of businesses as well as creating products for society. Domestic and international scientists, and representatives from organizations and technology enterprises discussed … [Read more...] about Forum discusses digital, green transformation for sustainable development

Techniques shared in the Nescafé Plan programme help farmers reduce fertiliser and pesticide use by 20 per cent. — Photo courtesy of Nestlé Nestlé ranks first in sustainable development in the field of coffee production, according to the recently published Coffee Barometer industry report. This result was published in the 2023 Coffee Brew Index ranking of the Coffee Barometer report, which is conducted by a non-profit organisation. This report recognises that Nestlé has a cohesive and comprehensive sustainability strategy and that its policies, objectives, and actions incorporate the social, environmental, and economic dimensions of coffee production. It also acknowledges Nestlé's dedicated investments to support its work. David Rennie, Nestlé's head of Coffee Brands, said: “This is recognition for our long-term commitment to sustainability. Through our flagship programmes, namely the Nescafé Plan and the Nespresso AAA Sustainable Quality drive, we work every day with coffee … [Read more...] about Nestlé ranked first in terms of coffee sustainability

Vietnam and the U.S. have announced their intention to bolster cooperation in the fields of science, technology, digital innovation, semiconductor manufacturing, and chip production, creating ample opportunities for Vietnamese tech firms to establish a strong presence in global supply chains. This cooperation is poised to present significant opportunities for the development of Vietnam’s domestic semiconductor sector, Vo Xuan Hoai, deputy director of the Vietnam National Innovation Center (NIC), said in an interview with Tuoi Tre (Youth) newspaper. The NIC has inked numerous memoranda of understanding with U.S. partners during Vietnamese Prime Minister Pham Minh Chinh’s ongoing week-long visit to the U.S. for the high-level General Debate of the 78th United Nations General Assembly. Vietnam has identified science, technology, and innovation as the driving forces for its development. Consequently, collaboration with the U.S. is expected to hasten the transformation of Vietnam’s … [Read more...] about Cooperation with US to propel development of Vietnam’s semiconductor industry: expert

Transit-Oriented Development (TOD) is vital to the Capital Region's sustainable development. As the draft of the amended Capital Law covers the development of the capital region, experts have written to The Hanoi Times to contribute to the early finalization of the draft. Assoc. Prof. Dr. To Van Hoa, Vice Rector of Hanoi Law University: T he Capital Region as a sustainable foundation for the capital and surrounding areas The Capital Region is what Hanoi aspires to grow into. The development of the Capital Region must facilitate the sustainable growth of the surrounding areas. The Thang Long Boulevard connects Hanoi with the provinces in the west and northwest. Photo: Pham Hung/The Hanoi Times The establishment of the capital region must attract the interest of neighboring provinces and cities, and the draft law must show them their potential benefits in participating in the socio-economic growth of the capital region. The draft of the … [Read more...] about Amended Capital Law: perfecting rules to boost Capital Region development

An increasing number of domestic and foreign financial institutions are adopting environmental, social, and governance (ESG) standards for their investment activities as well as channeling capital sources into sustainable business activities. They also join forces to promote sustainable development in Vietnam. Accordingly, Standard Chartered Bank Vietnam, Prudential Vietnam, and Home Credit Vietnam have shaken hands towards the development of a sustainable future. This marks a pioneering partnership between three large corporations in the banking, insurance, and consumer finance industries. Three companies recently participated in the U.K. Festival themed "U.K.-Vietnam: Building for the Future" in Hanoi and HCMC in September, commemorating 50 years of Vietnam-U.K. diplomatic relations. The U.K. Festival is going to take place in Da Nang on October 16. The representatives from Standard Chartered Bank Vietnam, Prudential Vietnam, and Home Credit Vietnam gather at the U.K. … [Read more...] about ESG in financial sector driving economic development

As the first local currency SLBs in Vietnam, they aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country’s low-carbon growth model. IFC’s investment comprises two elements, with about $100 million to be issued by BIM Land – a tourism and property developer in Vietnam – and approximately $50 million to be issued by Thanh Xuan JSC. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan Valley project in Vinh Phuc province, including an eco-friendly and unique residential community alongside a hotel complex (under the InterContinental brand), as well as other relevant services and infrastructure. IFC’s funding will also help the developers implement water- and energy-saving solutions at two BIM Land hotels – InterContinental and Regent – on Phu Quoc island. An innovative financing tool to support global sustainable development, these … [Read more...] about Vietnam’s first local currency sustainability-linked bonds aim to boost economy