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Vietnam said all development decisions must be nature-based and centered around people to ensure sustainable development in which no one would be left behind. Vietnam, a developing country, has stressed the importance of an all-people approach in coping with a global issue – climate change – and its roadmap to achieve a net-zero target by 2050 it has declared. Overview of the workshop in Hanoi on Dec 7 chaired by Minister of Natural Resources and Environment Tran Hong Ha. Photo: Huong Giang/ UNDP The idea has been included in Prime Minister Pham Minh Chinh’s speech at the 2021 United Nations Climate Change Conference (COP26) held in Glasgow, the UK, in early November, as part of efforts to promote the engagement of all people in Vietnam in realizing its commitment at the global event, according to Pham Van Tan, Deputy Head of Vietnam’s Climate Negotiation Delegation. It’s interesting that Vietnam has stipulated the role of its people in the common drive, … [Read more...] about [Net-zero strategy] People-centered approach: Vietnam’s weapon to realize COP26 commitment

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

The Korea and Vietnam Economic and Cultural Association (KOVECA) and the Association for Liaison with Overseas Vietnamese, along with ministries and localities, last week jointly held two Vietnam-Korea cooperation forums in both the northern and southern regions with the participation of 30 associations and 50 enterprises from South Korea. PM Pham Minh Chinh greets representatives of the RoK's associations and businesses at the dialogue in Hanoi on July 30. (Photo: VNA) The associations and enterprises are looking for investment opportunities in terms of urban and transport infrastructure, hospitals, renewable energy, high-tech, and career training. Previously, in the framework of a conference connecting the northern province of Thai Binh and South Korea in early July by Thai Binh People’s Committee, coordinated with the Ministry of Foreign Affairs and the Korean Embassy to Vietnam, an investment registration certificate was granted to South Korea’s SMT Company for the … [Read more...] about South Korean investors lavish attention on Vietnam

What are the concerns surrounding the Uyghur Forced Labor Prevention Act (UFLPA) implementation among Vietnamese garment exporters to the US? Association chairman Vu Duc Giang Some of the concerns are real. Since the UFLPA became effective in June, Vietnam has witnessed certain impacts on its garment exports to the US. Vietnam has maintained its position as the world’s third-largest cotton importer with a volume of 1.5 million tonnes per year. This includes 800,000 tonnes of cotton imported from the US, accounting for 60 per cent of the total imports. In January 2021, US Customs and Border Protection announced a ban on raw fibres, apparel, and textiles made from Xinjiang-grown cotton, which also covers cotton products made in third countries. Customs will detain imported merchandise unless the importer can prove by clear and convincing evidence that the goods were not from Xinjiang. What is the status of the recommendations from the US on Chinese cotton? Vietnam … [Read more...] about Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

From September 1 they will be required to leave plastic behind before they get on ferries at Van Don Wharf to go to the island, according to the district's portal. Nguyen Viet Dung, chairman of the district, said the ban would be trialed for a few months before it becomes official. With the target of turning the island into an eco-tourism destination and make tourism sustainable, authorities have in recent years called on local people to limit the use of plastic products and opt for environment-friendly replacements. The island district has yet to impose a ban on local residents using plastic products. Situated around 80 kilometers from the mainland, Co To is famous for its pristine islets and primeval forests and access used to be strictly controlled due to its proximity to the Chinese border. Cu Lao Cham, or Cham Islands, a protected area treasured for its biosphere near Hoi An in central Vietnam, has prohibited visitors from bringing plastic bags since 2009. … [Read more...] about Vietnam tourist island to ban single-use plastics

Opening the market, customs and trade facilitation, government procurement, services and investments and other legal and institutional issues were tabled at the eleventh round that took place in Israel on June 1-5. The two sides agreed on many important contents, especially those related to opening markets to each other. They pledged to accelerate discussions in the coming time to soon conclude the negotiating process. The FTA is expected to further boost trade and investment between the two countries as well as bring substantial benefits to enterprises, and citizens of both nations. Vietnam and Israel officially launched FTA negotiations on December 2, 2015. Source: VNA … [Read more...] about Vietnam, Israel make progress in FTA negotiations

During the visit, General Giang directly inspected the construction progress of the project and listened to reports delivered by the investor and the contractors about the results of the first phase of the project. Speaking at the working session with the investors and contractors, General Giang praised the collaboration among relevant agencies and functional organs of the defense ministry to ensure the project’s progress. He underlined that the project is significantly meaningful in terms of history and culture; therefore, he urged the investors to continue disseminating the importance of the project to relevant units and agencies, implementing the work in close line with legal regulations on managing construction investment and bidding, and avoiding wastefulness. Also, the defense minister required the contractors to ensure regulations of occupational safety and the construction’s quality as required. * The same day, General Giang worked with Army Corps 12 (Truong Son … [Read more...] about Defense minister inspects Vietnam Military History Museum’s project and Army Corps 2

A cybersecurity team monitors real-time cyberattacks. (Photo: vneconomy.vn) Hanoi (VNS/VNA) - Identity theft is not a new crime in the financial and banking scene, but insiders said a new twist on an old problem that banks and clients should worry about, exposes the need for heightened cybersecurity . Truong Duc Luong, Chairman of the Vietnam Network Security JSC, revealed that dangerous actors could use SEO (search engine optimisation) to improve their websites' ranking in search results when people look up information online. The better visibility the websites have in search engines, the more likely that they garner more clicks and attract more prospective victims. Once visitors click on the websites, they are vulnerable to malicious schemes resulting in financial loss and identity theft. Another tactic is using the online ads network to spread malicious links. Gullible users clicking on the links have their browsers hijacked by fake warnings. They fall victim to … [Read more...] about Identity theft rises as fraudsters find new ways to deceive clients

Vietjet aircraft (Photo courtesy of Vietjet) HCM City (VNA) - Beginning the exciting autumn season in August, Vietjet offers an attractive promotion programme "Double day, great sale, comfortable flight" not to be missed. From 0:00 on August 8 , 2022 to 24:00 on August 10, 2022, Vietjet opens sales 888,888 promotional tickets with a discount up to 88% on all domestic and international routes. Accordingly, customers when booking Eco tickets at website www.vietjetair.com, Vietjet Air mobile app, Facebook at www.facebook.com/vietjetvietnam (the "Booking" section) can immediately use the promotion code VIETJET88 to receive up to 88% discount on fares, excluding taxes and fees. Promotional tickets are applied to all domestic routes across Vietnam and international destinations imbued with cultural identity, paradises of relaxation and shopping, as well as having exciting experiences in India, South Korea, Japan, Indonesia (Bali), Thailand, Singapore, Malaysia... with … [Read more...] about Vietjet offers 888,888 tickets with discount up to 88%

Digital payment service provider Visa announced earlier this week the launch of Visa Eco Benefits in the Asia-Pacific region in order to meet increasing demand for sustainable financial services. Eco Benefits is a suite of sustainability-focused solutions that will help Visa cardholders across the region better understand the environmental impact of their day-to-day payments, the multinational company said in a press release on Wednesday. They can calculate the carbon footprint generated by their Visa transactions, and access options for carbon offsetting or charitable donations from their bank’s website or app. Banks in Asia Pacific that sign up for Eco Benefits will be able to offer these solutions to their Visa cardholders and meet a growing demand for sustainable financial services. Sixty-six percent of consumers in the Asia-Pacific region expect their bank to offer eco-friendly payment solutions, according to a new Visa/YouGov survey. Over half (52 percent) would switch … [Read more...] about Visa launches eco-friendly payment solutions in Asia Pacific