Nordic countries, including Denmark, Finland, Norway, and Sweden, shared their experience in green solutions to a circular economy and waste management and policy implications for Vietnam at a seminar held in Ho Chi Minh City on Wednesday. The seminar was organized by the Embassies in Vietnam of Denmark, Finland, Norway, and Sweden and Fulbright University Vietnam to mark the occasion of Nordic Day 2023 (March 23). In his opening remarks at the seminar, Ambassador of Denmark to Vietnam Nicolai Prytz said with a long tradition of working together to find solutions to common challenges, the Nordic countries are proud to share their experience and knowledge with Vietnam. “We believe that sharing experience and best practices with our partners is essential to promoting sustainable development,” Prytz added. Meanwhile, Ambassador of Norway to Vietnam Hilde Solbakken highlighted the role of the private sector in promoting green innovation, saying, "In the Nordic region, we have seen … [Read more...] about Nordic countries share circular economy, waste management solutions with Vienam
Opportunities for a circular economy in the netherlands
Nordic countries share solutions for circular economy and waste management
The Nordic Embassies in Vietnam (Denmark, Finland, Norway, and Sweden), have co-operated with the Ho Chi Minh National Academy of Politics to share their experiences on green solutions for circular economy and waste management and policy implications for Vietnam at a seminar held on March 23 in Hanoi. The Nordic Embassies in Vietnam share their experiences on green solutions for circular economy and waste management and policy implications for Vietnam at a seminar held on March 23 in Hanoi. The event, which was held in honor of Nordic Day 2023, aims to provide insight into Nordic policies, initiatives, and innovation in green transition, which can be relevant and applicable to Vietnam in eliminating waste and pollution, circulating products, and regenerating nature. Organised for the fifth time, the event is attended by policymakers from central and local government agencies; representatives from chambers of commerce; business leaders, startups, innovators; … [Read more...] about Nordic countries share solutions for circular economy and waste management
Nordic countries share green solutions for circular economy with Vietnam
An overview of the scientific seminar (Photo: VNA) Hanoi (VNA) – A scientific seminar titled “ Green solutions for circular economy and waste management : Nordic experiences and policy implications for Vietnam” was held in Hanoi on March 23. This is an annual event jointly organised by the Ho Chi Minh National Academy of Politics and the embassies of four Nordic countries of Denmark, Finland, Norway and Sweden since 2018. Vice President of the academy Assoc. Prof., Dr. Duong Trung Y said that the seminar focused on how the Nordic region makes strong commitments to the environment and circularity, and is leading the world in green innovation. He emphasised the importance of efforts and the need for international cooperation in achieving the Sustainable Development Goals. As Vietnam commits to transitioning to a greener and low-carbon economy after the COVID-19 pandemic, this is really the right time to mainstream the circular economy to effectively manage … [Read more...] about Nordic countries share green solutions for circular economy with Vietnam
Measures sought to promote circular economy in livestock industry
Vo Trong Thanh from the department said the development of livestock production in accordance with the circular economic model helps reduce input materials and minimize discharges; and optimally treat livestock waste serving plant cultivation, aquaculture and forestry. Nguyen Giang Thu, Director of the MARD’s Department of Science, Technology and Environment, said Vietnam has developed and applied models such as garden-pond-livestock pen (VAC); shrimp-rice and rice-fish rotary farming; production of organic fertilisers from agricultural discharges; 4F (farm-food-feed-fertilizer) bio-safe breeding; green cycle at dairy farms; and aquaculture with water circulation technology. However, the circular economic development in Vietnam is not commensurate with the potential as the rate of collection and recycling of agricultural by-products remains low, she said, stressing the need to promote the role and effectiveness of models, and perfect mechanisms to boost production and support the … [Read more...] about Measures sought to promote circular economy in livestock industry
12 start-ups in clean energy and circular economy compete in Green Tech Incubator
Twelve start-ups are awarded certificates of completion of the Green Tech Incubator programme. — VNS Photo Mai Huong Twelve start-ups working in the areas of clean energy and circular economy in Viet Nam successfully completed their training in the Green Tech Incubator programme in the Demo Day on Friday. The incubator was established as part of the Digital Transformation Centre Project, a German Government-funded initiative being implemented by GIZ and the National Innovation Center (NIC) of the Ministry of Planning and Investment. Its purpose is to support start-ups in overcoming barriers to business development and tackle the challenges of Viet Nam's circular economy. As urban populations are expected to grow to 66 per cent of the global population by 2050, cities are increasingly facing socio-economic and environmental challenges. Resource over-exploitation, increased industrialisation and urbanisation, and energy-intensive lifestyles have led to an increase in greenhouse … [Read more...] about 12 start-ups in clean energy and circular economy compete in Green Tech Incubator
Supporting the digital economy space
The interest rate hikes by the US Federal Reserve and other central banks that began to significantly accelerate in the second half of 2022 have impacted the tech industry and investors in significant ways. These hikes are expected to continue, at least in the short term, until the central banks are satisfied that inflation is under control or lose their nerve. When that happens is anyone’s guess. Eric Johnson, counsel at Freshfields Bruckhaus Deringer LLP This rapidly changing financial environment has made it more difficult for digital economy companies, especially those that are currently not profitable, to raise money in both public and private markets. Many investors have adopted a wait-and-see approach until the situation becomes clearer, and are revisiting the assumptions behind the sky-high valuations that many tech companies previously commanded. The recent failure of Silicon Valley Bank in the US has sent a shockwave through the tech and venture capital … [Read more...] about Supporting the digital economy space
Biggest-ever US business delegation comes to Vietnam to seek investment opportunities
A mission, including 52 businesses from the U.S., is scheduled to visit Vietnam this week to learn about the local market and seek business and investment opportunities. This is the largest-ever U.S. business mission to Vietnam. Ted Osius, president and CEO of the U.S.-ASEAN Business Council (USABC), told Tuoi Tre (Youth) newspaper on Monday that these U.S. firms will meet with the Vietnamese prime minister, National Assembly chairman, and ministers. Amazon is among the U.S. enterprises coming to Vietnam this week. Photo: Reuters Learning about Vietnam’s digital, green transformation potential According to Osius, USABC members stressed at a meeting with Vietnamese Prime Minister Pham Minh Chinh during his visit to the U.S. on the occasion of the ASEAN-U.S. Special Summit in May 2022 that they considered Vietnam a strategic market in the region and were committed to making investments in Vietnam and cooperating with Vietnamese partners for a long term. … [Read more...] about Biggest-ever US business delegation comes to Vietnam to seek investment opportunities
More than 50 US firms sound out investment opportunities in Vietnam
As many as 52 large firms of the Unite States, including Boeing, Coca Cola, SpaceX, Netflix, and Apple, have come to Vietnam to seek cooperation opportunities in various fields. Representatives of the US - ASEAN Business Council and US firms at a working session with the Ministry of Planning and Investment. This is the largest US business delegation ever to come to Vietnam at a time when the two countries are celebrating 10 years of their comprehensive partnership. The trip is to show US businesses’ commitment to investing in Vietnam, said Marc Knapper, Ambassador of the US to Vietnam, at a press briefing on March 21. According to the diplomat, Vietnam is a potential market with many business opportunities, especially when bilateral relations are developing positively, with their trade expanding vigorously over the years. Sharing the view, Ted Osius, president & CEO of the US-ASEAN Business Council (USABC), noted US firms have a greater interest … [Read more...] about More than 50 US firms sound out investment opportunities in Vietnam
Largest-ever US business delegation seeks investment opportunities in Vietnam
The fact that the visit to Vietnam this time has the largest number of US companies ever indicates a shift in the investment wave to Vietnam and other ASEAN countries. A delegation of 52 US major corporations has come to Vietnam to seek investment opportunities and cooperation in high-potential fields such as innovation, the digital economy, and the space industry. Overview of the press briefing. Photo: HT The information was revealed at a press conference held by the US-ASEAN Business Council (USABC) on March 21, noting that the trip marks the 10th anniversary of the Vietnam-US Comprehensive Partnership. Senior executives from 52 U.S. companies, including Boeing, Lockheed Martin, SpaceX, Netflix, Apple, and Ford, will meet with Prime Minister Pham Minh Chinh, Chairman of the National Assembly Vuong Dinh Hue, and heads of various ministries to discuss policies related to sales, supplies, and investment opportunities. Ted Osius, President and CEO of the … [Read more...] about Largest-ever US business delegation seeks investment opportunities in Vietnam
US companies upbeat on investment opportunities in Viet Nam
A Coca Cola factory in Viet Nam. The beverage giant was among companies joining the mission. — Photo nld.com.vn Senior executives from 52 US companies in the 'biggest-ever' US business mission to Viet Nam are discussing investment and sales opportunities in the country. Chairman of the US-ASEAN Business Council (USABC) Ted Osius said the council was never as busy as it is now. Its services are in high demand because many US companies show great interest in the country. He also said USABC representatives from other countries told him that they must act quickly because they were competing with Viet Nam. That was a way of saying Viet Nam has become a destination for growth and opportunities. Rafael Frankel, Director of Public Policy at Meta, said the trip was the second time he had been to Viet Nam since the outbreak of the COVID-19 pandemic. He appreciates the diligence of the Vietnamese workforce and sees a bright prospect for growth in the country. As such, he revealed the … [Read more...] about US companies upbeat on investment opportunities in Viet Nam