A view of Nam Cau Kien Eco-Industrial Park in Hai Phong. — VNA/VNS Photo Tran Viet The development of eco-industrial parks is considered an effective solution to contribute to completing the net zero emission target by 2050 in Viet Nam. However, there are still many problems with the mechanism. In a report on the development of industrial parks and economic zones conducted by the Ministry of Planning and Investment, by 2030, 40-50 per cent of localities will have plans to convert existing industrial parks to eco-industrial parks, and 8-10 per cent of localities have orientations to build new ecological industrial parks. This will contribute to the concretisation of the net zero commitment by 2050. However, many experts and businesses believe that it is necessary to have the determination of the businesses to achieve this goal, along with preferential policies and mechanisms. Now, Viet Nam has more than 400 industrial parks, but few of those industrial parks have strategies to … [Read more...] about Eco-industrial park development targets net zero emissions
Sustainable development solutions network
Ninh Binh promoting cultural values for sustainable tourism
One significant event showcasing unique local culture is the Trang An Festival 2023, which included a wide range of traditional art and cultural activities. Visitors were particularly drawn to the exhibition displaying more than 30 photo negatives highlighting unique local culture . Many exhibitions, cultural festivals, and art exchanges have been held in Ninh Binh, highlighting the richness and diversity of the local culture and promoting solidarity in the community. To boost sustainable tourism development, Ninh Binh has implemented various projects and plans to preserve and promote its cultural heritage, which has become a vital resource and soft power for local development. More than 200 traditional festivals have been held around the province so far. It has also been successful in creating unique tour packages that incorporate traditional craft villages and spiritual-historical relics. With its unique blend of cross-cultural influences and natural wonders, … [Read more...] about Ninh Binh promoting cultural values for sustainable tourism
Legal synchronisation can unlock agro-tourism potential
At a conference on solutions to develop and promote investment in real estate for agricultural tourism in Vietnam on May 25 in Hanoi, an action programme was discussed to create motivation for agro-tourism and rural development. Legal synchronisation can unlock agro-tourism potential Organised by the Vietnam National Administration of Tourism and the Vietnam National Real Estate Association (VNREA), it was the first time that a large-scale event discussed such issues. Nguyen Van Khoi, chairman of VNREA, said that the development of agricultural tourism is gradually becoming a trend in rural areas, especially in agricultural economy countries like Vietnam. It not only benefits the industry but also contributes to increasing the value of the land, raising opportunities for economic development, and improving the lives of local people. “In order to increase the value of the land through the development of agricultural and rural tourism, a sustainable development … [Read more...] about Legal synchronisation can unlock agro-tourism potential
Viettel wins most awards at IT World Awards 2023
Viettel won 37/261 awards at the 2023 IT World Awards .(Photo: VNA) Hanoi (VNS/VNA) – The Viettel Military Industry and Telecoms Group (Viettel) has announced that it has become the enterprise with the most awards at the 2023 IT World Awards. Viettel won 37/261 awards with 23 Gold prizes, four Silver prizes and 10 Bronze prizes. The percentage of the Gold prizes achieved increased by 10% compared to the previous year and increased 23 times compared to the first time it participated in 2016 thanks to its "Made by Viettel" innovative solutions which were highly-appreciated from the council of more than 600 information technology experts in the world. In particular, many Viettel products and services won the "hat-trick" of the Gold award in categories this year such as Viettel Post's NOC technical indicator monitoring system in three categories of information technology solutions, the most innovative information technology service and vehicle management system. The IT … [Read more...] about Viettel wins most awards at IT World Awards 2023
The future of tourism in Vietnam new visa policies and beyond
The fifth plenary session of the 15th National Assembly has discussed and approved a number of important draft bills, including three new amendments to regulations that have significant impacts on the tourism industry in Vietnam. These policies are expected to boost the recovery and development of the tourism sector. Martin Koerner - Chairman EuroCham Vietnam’s Tourism and Hospitality Sector Committee The first law is to extend the visa exemption duration from the current 15 days to 45 days for citizens of countries that currently can travel to Vietnam visa exempt, including France, Germany, Italy, Spain, the UK, Japan, South Korea, Norway, Finland, Denmark, and Sweden. This law aims to attract more tourists from these key markets and encourage them to stay longer and spend more here. The second law is to expand the list of countries eligible for e-visa from 46 to 80, including markets such as India, Brazil, Mexico, and Argentina. The e-visa allows visitors to apply … [Read more...] about The future of tourism in Vietnam new visa policies and beyond
Vietnam Sport Economy Summit 2023
On June 3, the Vietnam Sport Economy Summit 2023 took place in Hanoi with the coordination of the Vietnam Sports Administration (VSA), Central Committee’s Economic Commission and Vietcontent. Speakers at the Vietnam Sport Economy Summit 2023 on June 3, 2023 The first Vietnam Sport Economy Summit 2023, with the theme Unleashing the potential of the sports economy in the renovation period, included three discussions around the issue of cash flow in sports. Topics specific to each session included the business of sport and the central role of the league; professional sports leagues and related matters; as well as sports tournaments, school sports and related issues. The speakers gave views, opinions, and shared experiences on issues related to the management and development of Vietnam's sports economy both now and in the future. Dang Ha Viet, chairman of the Vietnam Sports Administration, said that the globalisation of the sports economy was increasingly developing in … [Read more...] about Vietnam Sport Economy Summit 2023
FM’s France visit to reaffirm common perception of vision of bilateral ties: Ambassador
Vietnamese Minister of Foreign Affairs Bui Thanh Son . (Photo: VNA) Paris (VNA) – Vietnamese Ambassador to France Dinh Toan Thang has said Vietnamese Minister of Foreign Affairs Bui Thanh Son’s attendance at the 2023 Organisation for Economic Cooperation and Development (OECD) Ministerial Council Meeting (MCM) and official visit to France from June 5-8 would provide an opportunity to reaffirm the common perception of the vision of the bilateral relations and the determination to promote deeper and closer connections between the two countries, particularly in meeting their requirements in the new context. In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Paris, Thang said it is the first visit to France by a Vietnamese Minister of Foreign Affairs since the two countries upgraded their relationship to a strategic partnership a decade ago. It is also meant to celebrate the 50th anniversary of bilateral diplomatic ties and the 10th … [Read more...] about FM’s France visit to reaffirm common perception of vision of bilateral ties: Ambassador
Sacombank wins award for treasury, working capital excellence
Le Quang Vinh, deputy director of Sacombank’s capital resources and foreign exchange division, receives The Asset Triple A Treasurise award in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam. — Photo courtesy of the bank Sacombank has won the 2023 The Asset Triple A Treasurise award given by Hong Kong magazine The Asset in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam. It is for a second year in a row that Sacombank is winning this award by meeting all criteria in terms of business performance, customer support solutions and customer reviews. Sacombank’s strengths include abundant foreign currency liquidity, multi-currency payment capability along with an extensive transaction network in Viet Nam, Laos and Cambodia and a modern, safe and secure technology platform. It thus meets all customers’ trading needs in spot, forward, swap, and options transactions in a timely manner and at competitive rates and with flexibility and … [Read more...] about Sacombank wins award for treasury, working capital excellence
Banks to promote online lending through national population database access
Access to this huge amount of customer data is a golden opportunity for banks to promote digital services and products, especially online lending. — Photo baodautu.vn Through a series of newly-issued regulations and access to the national population database, banks are planning to expand their online money-lending services. Deputy Governor of the State Bank of Viet Nam (SBV) Pham Tien Dung said accessing the national population database will help banks to check and authenticate new customer information more easily. Commercial banks will promote lending services on their electronic platforms based on this database. The draft amending the Law on Credit Institutions has many regulations specifying banking services via electronic devices. Besides that, several provisions supplemented by Civil Law and the Law on Electronic Transactions are necessary to complete the legal framework for online lending. Online lending, mostly small loans, has been implemented by many banks for a … [Read more...] about Banks to promote online lending through national population database access
Government support helps aquaculture industry weather difficulties
Illustrative image (Photo: laodong.vn) Hanoi (VNA) - Although the aquaculture industry have been facing many challenges, it continues to receive support from the Government, Director in charge of communications of the Vietnam Association of Seafood Exporters and Producers ( VASEP ) Le Hang told Lao dong newspaper. According to Hang, the Prime Minister has demanded the State Bank of Vietnam effectively manage credit operations to ensure the suitable provision of credit capital, and continue to reduce interest rates to support businesses, especially those in aquatic export . The bank has been required to implement supportive and preferential policies, including proposing a credit package worth 10,000 billion VND (over 425.4 million USD) to support businesses operating in forestry and aquatic production and processing industries. Credit programmes should be prioritised for the fisheries sector, towards creating favourable conditions for businesses involved in the … [Read more...] about Government support helps aquaculture industry weather difficulties