According to the Ministry of Industry and Trade, 72 countries recognize Vietnam as a market economy, including Canada, Australia, Japan, and South Korea. The UK did so recently with an official letter to the effect. Speaking to VnExpress , a Trade Remedies Authority Department official said since its first anti-dumping investigation case against Vietnam in 2002 the U.S. had been considering the country a non-market economy. In a meeting with the U.S. Secretary of Commerce Gina Raimondo in Washington last Tuesday, Prime Minister Pham Minh Chinh proposed the U.S. to soon recognize Vietnam’s market economy status . The need for recognition of Vietnam's market economy status was also in the joint statement between General Secretary Nguyen Phu Trong and President Joe Biden on upgrading the two countries' relations to a Comprehensive Strategic Partnership. The EU also sees Vietnam as a non-market economy. In 2015, while free-trade agreement negotiations were underway, the EU … [Read more...] about Significance of Vietnam being a market economy
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More options looked at for energy-efficiency goals
Two weeks ago, the government held a forum to help make the first steps to shape the market of high-efficiency energy-consuming equipment by 2030. The move is made amid the rising pressure to alleviate power outages and achieve the net-zero goal by 2050. More options looked at for energy-efficiency goals, photo VNA The event, on developing the high-efficiency energy-consuming market from policy to implementation, was organised by the Office of the Steering Committee for Energy Efficiency under the Ministry of Industry and Trade (MoIT). One measure discussed was promoting the use of high-efficiency energy-consuming equipment and gradually eliminating outdated technological products. Meanwhile, low-efficiency energy-consuming equipment such as storage water heaters and infrared hobs is prohibited to import, produce, and sell in Vietnam, according to a decision made in May. Dang Hai Dung, deputy chief of the Office of Sustainable Production and Consumption under the … [Read more...] about More options looked at for energy-efficiency goals
Two ‘catastrophic’ years melt away 10% of Swiss glacier volume: study
Two consecutive years of extreme warming in the Alps have obliterated 10 percent of Swiss glacier volume -- the same amount lost in the three decades prior to 1990, a report revealed Thursday. Amid growing concerns over the dire toll of climate change, the study by the Cryospheric Commission (CC) of the Swiss Academy of Sciences showed a dramatic glacial retreat, and warned the situation would only get worse. "Swiss glaciers are melting at a rapidly increasing rate," it said in a statement. 2022 marked the worst year on record for glacier melt in the Swiss Alps, with six percent of the total ice volume lost. The glaciers have not fared much better this year, the CC report showed, with another four percent of ice volume destroyed, "representing the second largest decline since measurements began". "The acceleration is dramatic, with as much ice being lost in only two years as was the case between 1960 and 1990," it said. The result of two consecutive extreme years had been … [Read more...] about Two ‘catastrophic’ years melt away 10% of Swiss glacier volume: study
Experts call for popularising Cần Giờ specialities by building brands
Trương Tiến Triển, deputy chairman of the Cần Giờ District People's Committee, speaks at the seminar “Cần Giờ specialties and solutions to build brands of HCM City agricultural specialties" held in Cần Giờ on Saturday. — VNA/VNS Photo Building brands will enhance the value of Cần Giờ District’s agricultural specialties and enable them to reach more consumers in the domestic market and beyond, a seminar has heard in HCM City. Speaking at the “Cần Giờ specialties and solutions to build brands of HCM City agricultural specialties" late last week, Trương Tiến Triển, deputy chairman of the district People's Committee, said the city’s only coastal district has 43,000ha of agricultural land, including 10,000ha for aquaculture with an output of 30,000 tonnes a year. It also has 200ha of mango orchards mainly in Cần Thạnh town and Long Hòa Commune, he said. “This is the Hòa Lộc mango variety. Farmers use fish protein to fertilise them and so the fruits have high quality and a very … [Read more...] about Experts call for popularising Cần Giờ specialities by building brands