Green

Identifying tourism as a pillar in local socio-economic development, Ba Ria-Vung Tau decided to re-establish the Department of Tourism in early 2017. The provincial Party Committee issued a resolution in the same year on developing high-quality tourism, with the goal of improving tourism infrastructure and the quality of tourism products and services while ensuring a safe and friendly tourism environment. With strategic vision and policies, local authorities are paying special attention to and investing methodically in quality services, creating space for development and attracting investment in high-end tourism. Many resorts, especially coastal resorts in the province, are expanding their green space and eliminating single-use plastics. Ba Ria-Vung Tau plans to review and adjust its planning, creating space for the exploitation of coastal routes and surrounding areas to develop high-end marine tourism such as scuba diving, fishing, and coral viewing. It will also invest in … [Read more...] about Ba Ria-Vung Tau promoting green tourism

Vietnam encourages Swiss investment in high-priority fields such as finance banking, insurance, manufacturing and processing, pharmacy, renewables, and tourism. Switzerland is committed to supporting Vietnam’s transition to a green economy by adopting circular economic practices and digitalization. Vietnam’s Deputy Prime Minister Tran Hong Ha and Switzerland’s Economy Minister Guy Parmelin. Swiss Finance Minister Guy Parmelin underlined this view in a meeting on January 16 (local time) with Vietnamese Deputy Prime Minister Tran Hong Ha, who is in Davos to attend the annual World Economic Forum (WEF). At the meeting, both sides expressed delight at the strong progress of Vietnam-Switzerland relations over the past 50 years, especially in politics-foreign affairs, economy, science-technology, education, and training. During the first 11 months of 2022, bilateral trade turnover reached US$721.3 million, while Switzerland currently has 197 foreign direct … [Read more...] about Switzerland to support Vietnam’s transition to green economy

Switzerland will support Vietnam in practicing digital transformation toward a digital economy and green growth, Guy Parmelin, member of the Swiss Federal Council and head of the Federal Department of Economic Affairs, Education and Research, affirmed on Monday. Federal Councilor Parmelin made the affirmation at his talks with Vietnamese Deputy Prime Minister Tran Hong Ha, who is in Switzerland to attend the five-day World Economic Forum’s Annual Meeting, which kicked off in Davos the same day, according to the Vietnam News Agency . The host and guest expressed their delight at the good development of the traditional friendship between Vietnam and Switzerland over the past 50 years, especially in politics, diplomacy, economics, development cooperation, science and technology, and education and training. The increasing two-way trade between the two countries reached US$721.3 million in January-November, and Switzerland now has 197 active foreign direct investment (FDI) projects … [Read more...] about Switzerland to assist Vietnam in shifting to digital economy, green growth

Deputy Prime Minister Tran Hong Ha joins a dialogue with representatives from coroporations and investment funds within the framework of the 53rd World Economic  Forum in Davos. (Photo: VNA) Geneva (VNA) – Vietnam is actively implementing a roadmap for an improved legal framework for better attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha. He made the statement on January 16 while attending a dialogue on green finance and sustainable development within the framework of the 53rd World Economic Forum ( WEF ) Annual Meeting 2023 in Davos, Switzerland. In addition, in the context of digital transformation in all fields and at all levels in the country, Vietnam requires cooperation in digital transformation and exploitation of digital resources. Ha called on corporations to step up investment, support Vietnam in green growth, and well implement international commitments to sustainable … [Read more...] about Vietnam improving legal framework to attract green finance, green technology

Vietnam would not sacrifice social advancement, equality, and the environment for economic growth. The Vietnamese government is calling for more support from international organizations and multinationals to help the country achieve its development goals, including the transition to a green economy. Overview of the forum. Photos: VGP Deputy Prime Minister Tran Hong Ha urged interlocutors at the Vietnam-World Economic Forum (WEF) global business forum held on January 17 in Davos (local time). According to Ha, Vietnam continues to put the people at the center of sustainable development. “The Vietnamese Government would not sacrifice social advancement, equality, and environment for economic growth while pushing for three strategic breakthroughs of infrastructure, legal framework, and human resources,” Ha said. In this context, Ha called for further support from multinationals to help Vietnam realize development goals, including the transition to a green … [Read more...] about Vietnam calls for int’l support in green development

Illustrative image (Photo: VietnamPlus) Hanoi (VNA) – Vietnam is moving towards green tourism development and working hard to drive the country’s green tourism roadmap in the right direction, toward sustainable tourism development for the future. Promoting green tourism has never been an easy story, but it is inevitable. The sector will have to follow this path in the context of the post-COVID-19 period. Each tourism business needs to be consistent in changing management solutions, long-term investment, and have more open financial mechanisms and policies. This was the theme among experts at a workshop on green tourism development held in the central province of Quang Nam on March 26 – the opening event for a series of activities in the National Tourism Year 2022. Green tourism development: an inevitable path According to Dr. Nguyen Anh Tuan, Director of the Institute for Tourism Development Research under the Vietnam National Administration of Tourism (VNAT), tourism … [Read more...] about Vietnam strives to promote sustainable, green tourism

Kees van Baar, Dutch Ambassador to Vietnam Every time spring comes, people in Vietnam organise a plough ritual to pray for a year of favourable weather and bumper crop seasons. Agriculture plays a pivotal role in the economies of Vietnam and the Netherlands and is deeply imprinted in the culture and people of the two countries. Sharing natural commonalities, we have beefed up our sustainable development partnership in sustainable agriculture, water management, and climate change adaptation. The close cooperation among governments, research institutes and especially businesses result in new visions, such as the Mekong Delta Regional Master Plan, regulatory frameworks as well as the blooming of business cooperation, with a growing number of Dutch companies doing business and investing in Vietnam. But even more significant: Vietnamese companies setting up businesses in the Netherlands as well. Both Vietnam and the Netherlands are delta countries and therefore vulnerable to … [Read more...] about Accelerating trade with innovation and green tech

The trend towards eco-friendly and sustainable goods has started to impact the expansion of Vietnamese exporters. According to Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers, packaging in plastic trays led a Vietnamese prawn exporter to forfeit the chance of reaching the European market. Vietnamese export profits boost with green trade, photo: Shutterstock “The objective is to provide cost-cutting and efficiency-boosting solutions,” Hoe said. “Following an export strategy with the goal of greening goods will assist consumers on international marketplaces to be more receptive to the businesses’ products.” All phases of the manufacturing, processing, distribution, and placement on the market of food for human consumption are covered by EU food hygiene rules. The EU has recently established five goals for the Farm to Fork strategy by 2030 – a 50 per cent decrease in the usage of agrochemicals; a reduction in nutrient loss … [Read more...] about Vietnamese export profits boost with green trade

Malaysian Prime Minister Anwar Ibrahim (left, back row) and Prime Minister Lee Hsien Loong witness the signing of agreements between Malaysia’s Minister of International Trade and Industry Tengku Zafrul Aziz and Minister for Trade and Industry Gan Kim Yong at the Istana on January 30, 2023. (Photo: TODAY/Raj Nadarajan) Hanoi (VNA) – Singaporean Prime Minister Lee Hsien Loong and his Malaysian counterpart Anwar Ibrahim on January 30 witnessed the signing of three bilateral cooperation agreements on the digital economy , green economy, personal data protection, and cyber security. Anwar has been in Singapore for his first official visit to the country since he took office as Malaysia's 10th prime minister on November 24, 2022. The green economy framework agreement is Malaysia’s first green economy agreement signed with any country. The agreement is expected to tighten the two countries’ cooperation in decarbonisation and support enterprises and workers in taking … [Read more...] about Singapore, Malaysia sign three cooperation agreements on digital economy, green economy

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