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/ April 14, 2021

Emphasising the role of holistic efforts

Bui Thanh Son - Minister of Foreign Affairs Vietnam has been and will continue to be a reliable friend and partner, an active and responsible member of the United Nations and the international community. Every year, landmines, explosive remnants of war, and improvised explosive devices claim nearly 10,000 casualties, mostly civilians and children in conflict areas such as Afghanistan, Libya, and Yemen, but also alarmingly in places like Cambodia, Laos, and Vietnam, where wars ended decades ago. It is a stark reminder that the wounds cut deep in the aftermath of wars and create long-lasting, destabilising effects to post-conflict peacebuilding and sustainable peace. It reminds us that peace cannot be sustained if the legacy of wars is not addressed. Indeed, the international community has come together to address this challenge. Actions taken by member states, the United Nations system, particularly the United Nations Mine Action Services, international organisations, non-governmental organisations (NGOs), and other stakeholders have proven critical in mitigating dangers and addressing multiple challenges caused by explosive remnants of war. The Security Council, with the adoption of its landmark Resolution 2365 on mine action in 2017, has also stressed the importance of ensuring that peacekeeping operations are equipped, informed, and trained to reduce such threats. All efforts have contributed meaningfully to post-conflict reconstruction and reconciliation efforts. However, much remains to be done. The greatest challenge, as always, is a matter of political will. Regrettably, mine action has not been accorded the level and span of attention it deserves. The contaminated areas are vast and the number of victims in need of assistance is overwhelming. The resources allocated are dwarfed by the complexity and magnitude of the problem. Decades of wars in Vietnam have caused untold sorrow and left destructive, lingering effects. To this day, almost …

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/ April 14, 2021

VIETNAM BUSINESS NEWS APRIL 14

Da Nang allows foreigners to buy houses in 17 projects The Construction Department of central Da Nang city has listed 17 commercial housing projects in which foreign organisations and individuals can buy units. The projects include Blooming Tower, Golden Square complex, Quang Nguyen Apartment complex, Thuy Tu urban area, Harmony Tower, and Da Nang FPT Technological Urban Area. The city also disallows foreigners from owning property in three projects, namely F-Home Apartment complex, Da Nang Diamond Tower, and IndoChina Riverside Tower. The department suggested the Department of Natural Resources and Environment and relevant agencies review the grant of licences to foreign organisations and individuals in projects that are off-limits to foreign buyers./. Coffee exports fall by over 11 percent in Q1 Coffee exports earned 771 million USD for Vietnam in the first quarter of 2021 In March alone, 145,000 tonnes of coffee were shipped abroad, bringing home 275 million USD. The figures respectively rose 18 percent and 27.3 percent month on month, but declined 21.1 percent and 11 percent compared to the same period last year. Despite a drop in both export volume and value, export prices still increased in Q1, the MARD said, noting that prices of Vietnamese coffee averaged 1,897 USD per tonne in March, up 7.9 percent from the previous month and 12.8 percent year on year. During Q1, average coffee export prices grew 6.8 percent from a year earlier to 1,801 USD per tonne. MARD statistics also showed that in the first three months, the country exported 10.61 billion USD worth of agricultural, forestry and fishery products, up 19.7 percent year on year. Meanwhile, imports hit 7.74 billion USD, up 44.7 percent. That resulted in a trade surplus of 2.87 billion USD for the agricultural sector during the period./. VinFast selects NVIDIA DRIVE to power next-generation intelligent autonomous electric vehicles VinFast Trading and Production …

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/ April 15, 2021

Green bonds can help VN achieve climate goals: experts

Installing solar rooftop for a household in the central province of Binh Dinh's Quy Nhon City. Green bonds are meant to raising private sector finance for projects with environmental and social benefits, supporting the Sustainable Development Goals. — VNA/VNS Photo Nguyen Linh Green bonds are an innovative tool to mobilise financing from the private sector to scale up and achieve national climate plans, said Vu Chi Dung, director of the International Co-operation Department of the State Securities Commission (SSC). He made the statement at the launch of the Handbook 'How-to Issue Guide for Green Bonds, Social Bonds and Sustainability Bonds', held by the State Securities Commission (SSC) early this week. “Green, social, and sustainability bonds are meant to raise private sector finance for projects with environmental and social benefits, supporting the Sustainable Development Goals,” said Dung. The growth of the labelled bond market, and green bonds in particular, has attracted a diverse and more mainstream investor base, he said The institutional investor community such as pension fund managers, asset managers and those with large portfolios, including those with sustainability-related mandates, were increasingly seeking green and low-carbon investment opportunities, he said. The handbook, made in collaboration with the International Finance Corporation (IFC), the Climate Bonds Initiative (CBI) and the Swiss State Secretariat for Economic Affairs (SECO), provides corporate issuers, and other market players, guidance in applying the global and ASEAN standards as well as national regulations of green, social and sustainability bonds which can help mobilise resources for socio-environmental friendly and sustainable projects. At the launching event of the handbook, Pham Hong Son, SSC Deputy Chairman said: “This handbook will support the market players to understand the international and regional practices in issuing green, social and sustainability bonds, …

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