The workshop creates a venue for African embassies in Vietnam and the Vietnam Union of Friendship Organizations (VUFO) to explore future cooperation opportunities, he added.He pledged to support the VUFO to connect with MSMEs to implement different projects between African nations and Vietnam.Established in 1992, the SADC now has 15 members with a combined population of nearly 300 million.MSMEs account for up to 95 percent of the total businesses in Vietnam. (Source: VNA)The total investment poured into Africa over the past decade was USD500 billion, he said, adding that the potential in the southern African region, especially the MSMEs sector, is extremely huge.Vice Chairman of the Vietnam-Africa Friendship and Cooperation Association Do Duc Dinh said MSMEs play a crucial role in the process of development in Vietnam as well as in African countries.Such firms account for up to 95 percent of the total businesses in Vietnam, he highlighted, adding that they make significant … [Read more...] about Vietnam, southern African countries share experience in developing…
Globalization in developing countries
Vietnam, southern African countries share experience in developing MSMEs
MSMEs account for up to 95 percent of the total businesses in Vietnam (Illustrative image. Source: VNA) Hanoi (VNA) – Vietnam has plenty of experience in developing micro, small- and medium-sized enterprise (MSMEs) which Southern African Development Community (SADC) countries could learn from, said South African Ambassador to Vietnam Mpetjane Kgaogelo Lekgoro at a workshop in Hanoi on August 17. The workshop creates a venue for African embassies in Vietnam and the Vietnam Union of Friendship Organizations (VUFO) to explore future cooperation opportunities, he added. He pledged to support the VUFO to connect with MSMEs to implement different projects between African nations and Vietnam. Established in 1992, the SADC now has 15 members with a combined population of nearly 300 million. The total investment poured into Africa over the past decade was 500 billion USD, he said, adding that the potential in the southern African region, especially the … [Read more...] about Vietnam, southern African countries share experience in developing MSMEs
Canada supports climate action in developing countries
Delegates attend the sixth GEF Assembly (Source: VNA) Da Nang (VNA) – Canada has committed aid worth over 228 million USD for fiscal years 2018–2019 through 2022–2023 to the seventh replenishment of the Global Environment Facility (GEF) to advance climate action in developing countries. The pledge was made by Canadian Minister of International Development Marie-Claude Bibeau at the sixth GEF Assembly which is being held in Vietnam’s Da Nang city on June 27-28. Developing countries constantly face impacts of climate change, with women and children facing disproportionate challenges. Collaboration and partnerships between governments, global institutions, non-governmental and local organisations, as well as the private sector are key to moving forward on climate action. Therefore, Canada is committed to these efforts to empower the most at-risk communities to better adapt and mitigate the harmful impacts of a changing climate. Through the GEF, the country has … [Read more...] about Canada supports climate action in developing countries
Canada supports GEF to advance climate action in developing countries
Collaboration and partnerships between governments, global institutions, non-governmental and local organizations, as well as the private sector are key to moving forward on climate action. Canada is committed to these efforts to empower the most at-risk communities to better adapt and mitigate the harmful impacts of a changing climate.The 6th GEF Assembly is hosting by Vietnam's central Da Nang cityThe Honourable Marie-Claude Bibeau, Minister of International Development and La Francophonie, on June 27th announced Canada’s pledge of USD228.79 million (for fiscal years 2018-2019 through 2022-2023) to the seventh replenishment of the Global Environment Facility (GEF). Canada, through the GEF, works with partners to tackle global environmental issues and to support sustainable development, including poverty reduction and gender equality. The GEF is the single-largest source of funding and a catalyst for action on the environment. It funds programs that have brought sustainable land … [Read more...] about Canada supports GEF to advance climate action in developing countries
Promotion of gender equality in development discussed
Scene at the event (Photo: VNA) Hanoi (VNA) – Orientations for promoting gender equality in development were tabled at a workshop hosted by the Australia Embassy in Hanoi on May 15. Speaking at the function, Nguyen Thi Thu Ha, President of the Vietnam Women’s Union, stressed the promotion of gender equality in Vietnam has recorded significant progress in recent years. Ha revealed that about 26.8 percent of members of the National Assembly are women, adding that Vietnam now has three female members of the Political Bureau and has a chairwoman of the National Assembly for the first time. Women account for 46.6 percent of university graduates and women make up 48-49 percent of the country’s total workforce, she added. The official also pointed out shortcomings in the gender equality-related work, including ineffective legal documents, high proportion of female labourers in the unofficial workforce, violence and abuse against women and salary gap between men and … [Read more...] about Promotion of gender equality in development discussed