Is climate change and global warming the same

The launch of the project on May 27 (Photo: VNA) Hanoi (VNA) – An EU and French-funded project was launched on May 27 to improve the climate resilience of urban infrastructure in four northern central provinces of Vietnam. The project is financed with 5 million EUR (over 5.3 million USD) in non-refundable aid from the EU, 123 million EUR in ODA loan from the French Development Agency (AFD), and 28 million EUR from the Vietnamese Government. It aims to reduce the vulnerability to natural disasters in five urban areas, namely Phat Diem township (Ninh Binh province), Ngoc Lac township (Thanh Hoa province), Hoang Mai town (Nghe An province), and Huong Khe and Thach Ha townships (Ha Tinh province). Under this project, necessary urban infrastructure facilities will be built to serve water drainage, ease flooding, and improve environmental hygiene, clean water supply, and solid waste treatment. Technical assistance will also be provided to help the localities enhance the … [Read more...] about EU-funded project to boost urban infrastructure’s climate resilience

The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam

The challenges have been increasing as support for the US dollar has been declining with the rise of China as a stronger economic power. This article focuses on globalization in a new context and takes a closer look at the reshaping of the global financial system. World currency Globalization has basically reshaped the activities of economic powerhouses, such as the European Union and the United States of America. As a result, the financial systems of developed economies have changed with the current global financial flow. Emerging and developing economies are increasingly contributing to changes in global economic growth. This clearly indicates that these growing economies have a larger share now in global economic trade activities. International trade expansion has been accompanied by an increase in foreign assets. It indicates that the interest of major economies has grown in promoting of global trade in order to increase the money supply (Fig 1). Therefore, an increase in … [Read more...] about Global challenges to dominant world currency

G7 nations vow to stop fossil-fuel financing abroad by end 2022, illustration photo source: freepik.com "We commit to end new direct public support for the international unabated fossil fuel energy sector by the end of 2022," G7 energy and climate ministers said in a joint statement following talks in Berlin. The term "unabated" refers to projects that do not employ techniques to offset some of the pollution caused by carbon dioxide emissions. Ending subsidies for the international fossil fuel energy sector was already part of a series of commitments agreed to by around 20 countries at last year's COP26 climate summit in Glasgow. Six of the G7 club of rich nations were among the signatories at the time -- Britain, Canada, Germany, France, Italy and the United States -- but Japan had resisted until now. "It is good that Japan, the world's largest financier of fossil fuels, has now joined the other G7 countries in making a shared commitment to end overseas fossil fuel … [Read more...] about G7 nations vow to stop fossil-fuel financing abroad by end 2022

Coral branches are cultured on rigs and closely monitored for growth (Photo: PADI Vietnam) Leader of the PADI Vietnam diving team Nguyen Ha Minh Tri said being an international diving instructor with more than 23 years of experience in the diving industry, he has witnessed the transformation of coral reefs over time in all the waters of Vietnam. In recent years, coral reefs everywhere have gradually died due to climate change, environmental pollution, and human destruction, gradually the area for coral has been significantly narrowed. According to Mr. Tri, if this situation continues, soon humans will no longer see beautiful coral reefs. Therefore, he and his fellow students and partners came up with ideas for growing coral. They will carry out the coral culture programs in the places they were going. Currently, the group includes several dozen members from localities such as Hanoi, Da Nang, Ho Chi Minh City, An Giang, Kien Giang, Lao Cai, Hai Phong who have professional diving … [Read more...] about Nurturing life for sea – preserve sea coral

2022 Education World Forum drew education chiefs from more 100 countries in the world (Photo: VNA) London (VNA) – Vietnam shared experience in ensuring education services for children during and after the COVID-19 pandemic , as well as national climate education policies at the 2022 Education World Forum (EWF) that took place in London from May 23-26. At a discussion on the renovation of education at low cost in Asia, Deputy Ambassador of Vietnam to the UK To Minh Thu highlighted measures that Vietnam has applied to make sure all children access education services, especially during months of social distancing that forced children at all education levels to stay at home since the fourth wave of COVID-19 hit Vietnam in April 2021. She said that the Vietnamese Government rolled out various measures with the priority of vaccination for youngsters to enable schools to reopen from March 2022. So far, more than 98 percent of the students aging from 12-17 years old in … [Read more...] about Vietnam shares experience in ensuring education services amid COVID-19

At the international seminar on achievements, difficulties and challenges facing ASEAN’s integration (Photo: VNA) Moscow (VNA) – Russian experts have highly valued the role and strategic position of ASEAN in the region and in the world, particularly given recent global fluctuations. They made the comment at an international seminar on achievements, difficulties and challenges facing the bloc’s integration held Moscow on May 25 and 26. The event, co-organised by two academies and the Ministry of Foreign Affairs of Russia, gathered representatives of ASEAN embassies and 40 Russian and international experts. The hybrid event saw 30 presentations in five working sessions, whose topics revolved around ASEAN’s external relations policy, relations with strategic partners, experience in regional integration, and sustainable development. Participants analysed ASEAN ’s roles and stances on building a regional security structure; and development orientations in digitisation, … [Read more...] about Russian scholars praise ASEAN’s role, position

The Economic Committee of the National Assembly (NA) has recently proposed developing nuclear power over the next decades to ensure national energy security and meet the ‘net zero’ goal Vietnam set at the 26th UN Conference on Climate Change (COP26). Vietnam is likely to develop nuclear power in the coming decades to ensure national energy security and meet COP26 commitments. (Illustrative photo by AFP). Nuclear power proposal Vietnam put the Ninh Thuan 1 & 2 nuclear power plant projects on hold under a NA resolution in 2016 for safety reasons and in order to mobilise resources for other key projects. In a report overseeing the implementation of the resolution, the Economic Committee of the National Assembly suggested that Vietnam consider developing nuclear power over the coming decades, and the Ninh Thuan projects should be reactivated at an appropriate time. It reasoned that nuclear power is a low-carbon source of electricity that will make an … [Read more...] about Vietnam likely to consider nuclear power development

AFD will assist the Hanoi government in developing priority programs such as improving air quality, wholesale markets, urban logistics, waste management and treatment, among others. The Agence Française de Développement (AFD) is willing to support Hanoi in transport, urban and environmental projects, Country Director of AFD Fabrice Richy said at a meeting with Chairman of the municipal People's Committee Nguyen Duc Chung in Hanoi on November 25. Fabrice Richy stressed that AFD has maintained a long standing relationship with Hanoi. Under the cooperation agreement, AFD will assist the Hanoi government in developing priority programs such as air quality improvement, wholesale markets, urban logistics, waste management and treatment, among others. Country Director of AFD Fabrice Richy and Chairman of the municipal People's Committee Nguyen Duc Chung. Photo: Thuy Linh The investment program will focus on building smart cities, developing cities sustainable and … [Read more...] about AFD willing to support Hanoi in transport, urban and environment projects

Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy call to Japanese Prime Minister Kishida Fumio during the trip to Japan to attend the International Conference on the Future of Asia. — VNA/VNS Photo HÀ NỘI — During the visit to Japan, Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy calls to Japanese Prime Minister Kishida Fumio and several other Japanese high-ranking officials on May 26-27. During the meetings, Deputy PM Minh said Việt Nam always considers Japan as an extensive, reliable, and important strategic partner, hoping that the two sides would continue to implement important agreements and common understandings obtained during the official visits of PM Phạm Minh Chính and PM Kishida Fumio, contributing to the promotion of bilateral relations. The Deputy PM emphasised that as the two sides are reopening with the COVID-19 situation under control, Việt Nam and Japan must continue to exchange high-level delegations, especially through … [Read more...] about Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida