Illustrative image (Photo: baodautu.vn) Hanoi (VNA) – Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union. Last year, Vietnam’s export revenue of agro-fishery-forestry products set a record high of 53.22 billion USD, up 9.3% year-on-year. However, Europe accounted for only 11.3% of its market share. This is a modest number, although the agricultural sector has optimised many advantages of the EU- Vietnam Free Trade Agreement (EVFTA). One of the main reasons is said to be the union’s high requirements on farm imports, while Vietnam’s agricultural production has yet to meet green growth requirements. According to the World Bank’s report, agriculture is the second highest emitter, accounting for 19% of the nation’s total gas emissions in 2020. About 48% of the sector’s emissions and more than 75% of methane emissions are from rice … [Read more...] about Vietnam develops green agriculture to increase exports to EU
Green agriculture
96 per cent of urban household wastes to be safely processed in 2023
96 per cent of urban household wastes to be safely processed in 2023. - Illustrative image (Photo:VNA) Hanoi – Vietnam targets having 96 per cent of urban household wastes collected and processed up to standards this year, said Director of the Ministry of Natural Resources and Environment’s Vietnam Environment Administration Hoang Van Thuc. Up to 92 per cent of operating industrial and processing areas will have concentrated wastewater treatment systems while 40 per cent of household wastes will be processed through incineration, electricity generation, and recycling models instead of landfilling, Thuc said. Last year, Vietnam’s recycling industry expanded by 11.3 per cent annually, placing the country the 10th globally in terms of metal, plastic, paper and glass recycling, laying a foundation for circular economic development The Vietnamese Government has set a goal to raise the rate of solid waste collected and safely treated to 100 per cent in 2050 as part of the approved … [Read more...] about 96 per cent of urban household wastes to be safely processed in 2023
Long Tong festival held in Bac Kan province
The annual festival is held as a religious ritual dedicated to the god of agriculture to win his blessing for verdant crops and prosperity for villagers throughout the year. It consists of an offering ritual, a ploughing ceremony and folk games. According to Chairman of the Ba Be district People’s Committee Luu Quoc Trung, over the past years, tourism in the locality has been developed, attracting hundreds of thousands of visitors and becoming a key economic sector of the district. Therefore, the district attaches much importance to preserving and promoting cultural identities of local ethnic groups. At the end of the festival, people had a chance to experience a cultural space, featuring local people and land. They also enjoyed local food and joined an art exchange, together with playing folk games. In addition, visitors could enjoy the beauty of Ba Be - the largest freshwater lake in Vietnam, buy OCOP (One Commune, One Product) and local agricultural products. “This is the … [Read more...] about Long Tong festival held in Bac Kan province
Tien Giang plans to exploit over 124,000 tonnes of seafood this year
Illustrative photo (Source: VNA) Tien Giang (VNA) – The Mekong Delta province of Tien Giang will exploit more than 124,000 tonnes of seafood of all kinds in 2023. According to Director of the provincial Department of Agriculture and Rural Development Nguyen Van Man, the tapping of maritime potential will be associated with a series of drastic measures against illegal, unreported and unregulated ( IUU ) fishing. These measures include tight vessel management, strict punishment of related violations, communications activities to raise public awareness on the matter, better investment in fishery infrastructure, and the implementation of policies for improving fishermen’s livelihoods, among others. In 2022, the province’s seafood output topped 361,000 tonnes, exceeding the yearly target by nearly 26%. Of the amount, the yield from farming neared 221,000 tonnes, with the rest coming from offshore fishing and exploitation activities. The coastal locality’s fleet of … [Read more...] about Tien Giang plans to exploit over 124,000 tonnes of seafood this year
Garment, footwear exports aim to reach 80 bln USD by 2025
Illustrative photo (Source: VNA) Hanoi (VNS/VNA) – Vietnam’s textile, garment and footwear sectors aim to achieve a total export value of 77-80 billion USD in 2025 and 106-108 billion USD in 2030, according to the strategy for the development of Vietnam’s textile and footwear industry. Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy. The sectors will continue to promote investment in the production of materials and auxiliary materials, as well as supporting industries. They will encourage the production of fabrics from domestically produced yarn to reduce imports, and form a complete supply and value chain in the region. For the leather and footwear industry, Nguyen Duc Thuan, Chairman of Lefaso, said domestic enterprises need to actively adapt to the requirements of the market and brands on sustainable development standards for products. They … [Read more...] about Garment, footwear exports aim to reach 80 bln USD by 2025
Financing’s role in reaching net-zero emissions
Illustrative image (Photo: AFP) Hanoi (VNS/VNA) - Climate change is one of the world’s biggest threats, and reducing emissions is the priority for all countries in the world and the lodestar for investment trends. Warmer temperatures are altering weather phenomena and disrupting the balance of nature, directly affecting human activities. The devastation caused by extreme weather disasters like typhoons, floods, and heat waves is worsening in many nations. And the economic damage caused by climate change is also increasing in line with global temperatures. Major storms destroy crops, costing billions of dollars, while rebuilding after each storm and flood requires a huge amount of money. The more extreme the climate, the more it damages economies. It is a positive sign that many countries have joined the fight for net zero emissions by 2050. Many people worry that it is unrealistic given the standard pace we have already set. However, an expert in the industry believes … [Read more...] about Financing’s role in reaching net-zero emissions
“UK ready to boost CPTPP’s economic firepower”: UK Trade Minister
UK Minister of State The Rt Hon Gregory Hands of the Department for International Trade arrived in Hanoi on February 1 to hold high level trade talks on how the UK joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will boost the economic firepower of the world’s most dynamic trade bloc. Minister Hands meets with Vice Minister of Industry and Trade, Tran Quoc Khanh. Upon his arrival in Hanoi, Minister Hands met with Vice Minister of Industry and Trade, Tran Quoc Khanh. With the next round of CPTPP negotiations upcoming, the UK Minister expressed. his country’s desire to finalisze accession at the earliest possible opportunity. The occasion also provided an opportunity to mark 50 years of UK-Vietnam diplomatic relations and discuss the thriving bilateral trade relationship which has increased by 12.4% over the last year and is valued at £5.9 billion. As a founding CPTPP member state, Vietnam marks the first leg of the UK … [Read more...] about “UK ready to boost CPTPP’s economic firepower”: UK Trade Minister
Vietnam must step up carbon reduction to enter EU markets
Solar panels installed on the rooftops of a seafood processing plant in the Mekong Delta. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy , said industry insiders and policymakers. The EU’s Carbon Border Adjustment Mechanism (CBAM) by the European Parliament (EP), according to the EP, is to "put a fair price on the carbon emitted during the production of carbon-intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries." The bloc requires exporters to report their commodities' carbon footprints, on which a tax may be levied should carbon emissions during the production of said commodities exceed the EU's carbon regulations. Instead of buying the EU's carbon certificate , Vietnamese businesses could take steps to reduce their own carbon footprints during production, experts said. The … [Read more...] about Vietnam must step up carbon reduction to enter EU markets
Businesses exporting medicinal herbs to China required to register
Trucks carrying products for export to China pass through Kim Thanh International Land Border Gate No. 2 in the northern province of Lao Cai. (Photo: VNA) Hanoi (VNA) – Vietnamese businesses which want to export medicinal herbs to China must submit information about growing areas and packaging establishments to the provincial Departments of Agriculture and Rural Development. The departments were required to report to the Plant Protection Department under the Ministry of Agriculture and Rural Development by April 15, 2023. The Vietnamese authority will the work with the General Administration of Customs of China (GACC) to grant export licences to eligible exporters. According to the Plant Protection Department, GACC has informed it about China’s plan to review the supervision system for exported medicinal herb s and the registration of enterprises which produce, process and preserve medicinal herbs for export to China. To meet the requirements of the Chinese side … [Read more...] about Businesses exporting medicinal herbs to China required to register
96% of urban household wastes to be safely processed in 2023
Vietnam targets having 96% of urban household wastes collected and processed up to standards this year, said Director of the Ministry of Natural Resources and Environment’s Vietnam Environment Administration Hoang Van Thuc. Illustrative image (Photo: VNA) Up to 92% of operating industrial and processing areas will have concentrated wastewater treatment systems while 40% of household wastes will be processed through incineration, electricity generation, and recycling models instead of landfilling, Thuc said. Last year, Vietnam’s recycling industry expanded by 11.3% annually, placing the country the 10th globally in terms of metal, plastic, paper and glass recycling, laying a foundation for circular economic development The Vietnamese Government has set a goal to raise the rate of solid waste collected and safely treated to 100% in 2050 as part of the approved national strategy on green growth for 2021-2030 with a vision to 2050. Overall, the … [Read more...] about 96% of urban household wastes to be safely processed in 2023