Illustrative image (Source: AFP/VNA) Hanoi (VNA) – In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target. Following the Paris Climate Accords , Vietnam must fulfill its mandatory obligation to reduce greenhouse gas emissions from 2021 according to the Nationally Determined Contribution (NDC). The country also needs to make efforts to reduce GHG emissions towards the goal of net-zero emissions by 2050. Statistics show that carbon pricing tools control about 23% of total global emissions in 2023. In Vietnam, the voluntary exchange of carbon credits with the world has been carried out by businesses since the mid-2000s in projects and programmes under the Clean Development Mechanism (CDM) - a United Nations-run carbon offset … [Read more...] about Vietnam makes efforts to develop domestic carbon market
Itgc program development
Shinhan Life promotes sustainable development for future generation of Vietnam
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
Hanoi moves to tap riverside agri-tourism potential
An ornamental craft village tourist site in Hong Van commune, Thuong Tin district, Hanoi (Photo: https://hanoimoi.vn/) Hanoi (VNA) – With its great potential for ecological agriculture and tourism, especially in riverbank area s, Hanoi has paid attention to developing riverside agri-tourism models. In Vietnam's tourism development strategy , ecotourism associated with agriculture and rural areas is one of the five key products. Visiting fruit and flower gardens, and agricultural farms, taking time to check in there, enjoying local specialties, and listening to historical stories at relic sites are activities visitors can experience at Hong Van commune, Thuong Tin district. Hong Van commune's ornamental craft village tourist site is one of the two OCOP (One commune, One Product) products of Hanoi. Located along the Hong (Red) River, in recent years, Hong Van commune has become an eco-tourism and agri-tourism attraction in the capital city. According to … [Read more...] about Hanoi moves to tap riverside agri-tourism potential
Netherlands’ De Heus opens aquatic feed factory in Can Tho
At the opening ceremony of De Heus Vietnam's aquatic feed plant in the Mekong Delta city of Can Tho on September 26 (Photo: VNA) Can Tho (VNA) – The Dutch-based supplier of animal nutrition products De Heus freshly opened a 2.7ha aquatic feed plant in the Mekong Delta city of Can Tho on September 26. Locating at the Tra Noc II Industrial Park in O Mon district, the 18.6 million USD facility is capable of manufacturing 240,000 tonnes of high-quality feed products for tra and basa fish (Pangasius) per year. At the opening ceremony, Deputy Minister of Agriculture and Rural Development Phung Duc Tien took note of the corporation’s contributions to Vietnam’s aquaculture development. He suggested it study the use of domestically available sources of raw materials and alternative ingredients to reduce production costs and enhance efficiency. Realising Vietnam’s advantages to be among key seafood suppliers globally, De Heus is committed to developing its strategic position in … [Read more...] about Netherlands’ De Heus opens aquatic feed factory in Can Tho
Hanoi fosters partnership with China’s Guangzhou city
In a conversation with Guo Yonghang, Secretary of the Guangzhou Party Committee and Mayor of the Guangzhou Municipal Government prior to the signing ceremony, Dung hailed the role of Guangdong province and Guangzhou city as a leading locality in high-quality development and a hub for the pilot of many new policies, including the policy to renovate the development, urban management, and special economic zone models. Guo highlighted the similarities between Hanoi and Guangzhou in culture, trade and tourism as well as the development of the partnership between the two cities, especially in trade and investment. He expressed belief that the Hanoi delegation’s visit, especially the meeting between Dung and Huang Kunming, Secretary of the Guangdong Party Committee, on September 25, has made an important milestone in the Hanoi - Guangzhou relations. The Guangzhou Mayor suggested that the two cities further increase the exchange of experience in urban management and tourism promotion. He … [Read more...] about Hanoi fosters partnership with China’s Guangzhou city
Hanoi Book Festival 2023: Spreading reading culture
The annual October book festival has become a must-visit destination for book lovers in the capital. The 8th Hanoi Book Festival will return to the pedestrian area of Hoan Kiem Lake in downtown Hanoi from October 6 to 8, helping to spread reading culture to many local and international readers, according to the city's Department of Information and Communication. The event, which has become a popular cultural rendezvous for bookworms, is one of the activities to celebrate the 69th anniversary of the capital's Liberation Day (October 10, 1954-2023) and the 71st anniversary of the traditional day of Vietnam's book publishing, printing and distribution sector (October 10, 1952-2023). A scene at the seventh edition of the Hanoi Book Festival last year. Photo courtesy of the organizer The book festival has been held in the capital city annually and has become a must-visit destination for book lovers every year in October. With the theme "Lighting the Fire of … [Read more...] about Hanoi Book Festival 2023: Spreading reading culture
Hanoi: Exhibition of children’s paintings to celebrate Mid-Autumn Festival
Fifty-eight colorful paintings expressing children's dreams for a better life are displayed at the Hanoi Museum. The exhibition, titled "The Colors," features 58 colored paintings on acrylic. These are the works of students from the Little Superman Art Club, which has been operating in Hanoi and neighboring provinces for nearly 10 years. The painting titled "My Childhood" by Nguyen Gia Han The exhibition will last until September 30 to celebrate the Mid-Autumn Festival 2023 in the capital. Life in the innocent eyes of children becomes beautiful, kind, and precious. Some highlight artworks include a painting showing the beauty of terraced fields in the ripe rice season, farmers working hard in the fields, a vase of chrysanthemums, and joyful daily life around children. As part of the exhibition, the Hanoi Museum and the Little Superman Art Club also organized a workshop on making and painting paper masks using traditional methods, in which participants … [Read more...] about Hanoi: Exhibition of children’s paintings to celebrate Mid-Autumn Festival
CMSC navigates reforms and challenges at SOEs
Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs
De Heus opens $20 million aqua feed mill in Can Tho
The De Heus Can Tho Aqua Feed Mill is designed with a total capacity of 240,000 tonnes annually and is dedicated to producing basa fish feed. All products are manufactured using state-of-the-art European and United States production technology. The entire production process, from input to output, is controlled by a fully automated system and strictly managed in accordance with ISO 22000, BAP and GLOBAL G.A.P. standards. Speaking at the ceremony, Koen De Heus, CEO of De Heus Animal Nutrition said, "We strongly believe white fish products are among the most healthy, delicious and sustainable animal protein products. Therefore, De Heus is actively investing in building our capabilities in this sector, especially in Asia and Africa. Vietnam is positioned well to become one of the world’s most important sources of aquatic proteins. We are committed to keep developing our strategic position in Vietnam together with our local and international partners.” Johan van den Ban, CEO of De … [Read more...] about De Heus opens $20 million aqua feed mill in Can Tho
South Korea’s SK Group continues to deepen investment in Vietnam
SKC Co. Ltd. (SKC), a subsidiary of the SK Group , has received an investment certificate to develop a high-tech biodegradable materials factory in the northern port city of Hai Phong. With the total investment capital of $500 million, the factory specialises in producing biodegradable materials such as polybutylene adipate terephthalate and polybutylene succinate. The project spreads across an area of 32,089 square metres in the Haiphong I DEEP C Industrial Zone in the Dinh Vu-Cat Hai Economic Zone. In the first phase, the project will start construction in mid-December 2023, slated to be completed within nine months. The project is expected to reach an output of 35,000 tonnes by year-end. In the second phase, the company will increase the total output to 70,000 tonnes per year. Woncheo Park, CEO of SKC under SK Group said, "SK Group has invested about $3 billion in Vietnam over the past five years. Currently, Hai Phong is one of the countries with the most modern … [Read more...] about South Korea’s SK Group continues to deepen investment in Vietnam