Responsible and Sustainable direction giving wings to Vietnamese tourism development The survey results also indicate that up to 57 per cent of respondents said that they have had a different thought about tourism is done, especially because it is related to the local economy, community, culture, and environment. Responsible and sustainable tourism is becoming more important, and the needs and preferences of tourists is also changing. Instead of noisy and prosperous tourist destinations, many people are looking for peaceful countryside and experiences of discovery, close to nature and good for health, in accordance with the projects on development of national parks and protected areas in Vietnam. Among the sustainable tourism models often mentioned in recent years, models that focus on exploiting simple and healthy natural experiences such as agritourism, farmstay, or glamping are special models to attract the attention of both tourists and investors. As a model of farm … [Read more...] about Responsible and sustainable direction giving wings to Vietnamese tourism development
Sustainable groundwater development
Sustainable trade and investment key to Asia and Pacific’s green future
Greener trade and investment is crucial to tackling climate change in Asia and the Pacific and will require governments in the region to work together more closely, according to a new report by the Asian Development Bank (ADB). While trade and investment have fueled remarkable economic growth in Asia in recent decades, it has also led to large increases in carbon dioxide emissions in the region—which is more vulnerable to the effects of climate change than any other. Reversing this trend will require measures such as promoting trade in environmental goods and services, nurturing green businesses, developing carbon pricing mechanisms, and strengthening regional cooperation through trade and investment agreements, according to the Asian Economic Integration Report (AEIR) 2023, released by ADB today. “Asia and the Pacific’s remarkable growth has lifted millions of people out of poverty, but this has come at an environmental cost,” said ADB Chief Economist Albert Park. “The region now … [Read more...] about Sustainable trade and investment key to Asia and Pacific’s green future
Zayed Sustainability Prize opens submissions for 2024 cycle
The awards ceremony of the Zayed Sustainability Prize. — Photo Courtesy Zayed Sustainability Prize The Zayed Sustainability Prize has announced that the 2024 cycle is now open for submissions for candidates from all over the world, including Viet Nam. The prize, which accepts submissions until May 2 through the prize’s online portal, is the UAE’s pioneering global award for recognising excellence in sustainability. Small to medium-sized enterprises, non-profit organisations and high schools with sustainability solutions are invited to submit an entry for consideration in one of the five categories of health, food, energy, water and global high schools. The prize’s US$3 million fund rewards winners US$600,000 in each category. The global high schools category is split into six world regions, with each school able to claim up to $100,000 to start or further expand their project. The Zayed sustainability prize has a three-stage evaluation process, beginning with the due … [Read more...] about Zayed Sustainability Prize opens submissions for 2024 cycle
Viet Nam wrestles with labour productivity issue when heading to innovation-based development
Vo Tri Thanh *Vo Tri Thanh Viet Nam achieved and exceeded 14 out of 15 targets assigned by the National Assembly for 2022 with many impressive numbers including GDP growth, export turnover and the number of newly-established and re-opened businesses. Only labour productivity was under expectations. Viet Nam’s labour productivity was expected to increase by between 4.7 per cent and 5.2 per cent on average in 2022, higher than the average growth rate of 4.7 per cent in 2021 but behind the target of 5.6 per cent set for the whole of 2022. On January 10 this year, the Government issued Resolution No 06/NQ-CP on the development of a modern, efficient, sustainable and integrated labour market serving quick socio-economic recovery, setting the average labour productivity target for 2023 at more than 6.5 per cent. Labour productivity is an important economic indicator that is closely linked to economic growth, competitiveness and living standards within an economy. According to … [Read more...] about Viet Nam wrestles with labour productivity issue when heading to innovation-based development
Prime Minister asks north-central, central coastal regions to create development breakthroughs
The conference touched upon the implementation of the Government’s action plan to materialize the Politburo’s Resolution No.26-NQ/TW dated November 3, 2022 on orientations for socio-economic development and national defense and security in the two regions by 2030 with a vision towards 2045. It was also intended to promote investment in the regions with the theme of “Linkage - Breakthroughs from maritime economy - Rapid, sustainable development.” The regions hold strategic positions and roles of special significance in terms of economy, especially maritime economy, politics, culture, social affairs, environment, external relations, national defense and security, as well as sea and island sovereignty, the Prime Minister pointed out. Notably, they are home to five cultural and natural heritage sites, and six intangible cultural heritage elements recognized by UNESCO, he said. The leader, however, expressed his concern that such unique potential and competitive advantages have yet to … [Read more...] about Prime Minister asks north-central, central coastal regions to create development breakthroughs
VinaCapital Ventures pours 1 million USD into agritech startup
A tomato farm in Don Duong district, Lam Dong province, joining the platform of Koina (Photo courtesy of Koina) HCM City (VNA) – VinaCapital Ventures, a technology-focused venture capital fund of the Ho Chi Minh City-based VinaCaptial Group , has announced an investment of 1 million USD into Koina, an agritech startup founded in Vietnam. The investment from VinaCapital Ventures is part of Koina’s seed fundraising round. Koina, established in 2021, aims to build a large and efficient agricultural ecosystem in Vietnam by connecting farmers with financial organisations, suppliers, and retailers. Its “Farmer Platform” is intended to help farmers access loans, publicise prices, and give guidance on good agricultural practices. Thi Nguyen, co-founder and Chairman of Koina, said the funding from VinaCapital Ventures will help his firm expand sales channels and increase investment in technology to control quality and boost the value of agricultural products of Vietnam. … [Read more...] about VinaCapital Ventures pours 1 million USD into agritech startup
Ambassador promotes cooperation between France’s Saintes and Vietnamese localities
At a meeting with Saintes Mayor Bruno Drapron, the city's department of commerce and trade, representatives from Nouvelle-Aquitaine region and the local farmers’ association, Ambassador Dinh Toan Thang highlighted cooperation potentials between the two countries’ localities in various fields such as agriculture, sustainable tourism development, railway, seaport and technical infrastructure. For his part, the mayor said that the city will study how to transfer skills and technology to Vietnamese partners and acquire experiences and technique from the Vietnamese side, as well as work together with the Vietnamese side to strengthen cooperation between the localities of the two countries in the time ahead. During his trip, the ambassador visited Chadignac vocational school which has cooperated with Vietnam’s Thang Long Gifted School in Da Lat (the Central Highlands province of Lam Dong) in French language teaching, the first step towards bigger projects. The ambassador and his … [Read more...] about Ambassador promotes cooperation between France’s Saintes and Vietnamese localities
Hanoi to spearhead the nation’s industrialization efforts until 2030
Vietnamese people's cultural and human values should be central to the capital’s industrialization process. Hanoi aims to spearhead the nation's industrialization and modernization until 2030, with an eye on 2045. Hanoi has seen major transformation over the years. Photo: Pham Hung According to the municipal Party Committee, the goal of the plan is to transform the mindset and build consensus in the political system and people to achieve socioeconomic development objectives. The Party Committee emphasized the use of science-technology and innovation, specifically Industry 4.0 advancements, as a key solution for the country’s modernization in the 2021-2030 period. “This would help Vietnam to make breakthroughs in productivity and improve the economy's competitiveness,” stated the plan. For Hanoi, the plan identifies key targets for economic growth, enhancing socio-cultural values, urban development, and environmental protection. By 2030, Hanoi and other … [Read more...] about Hanoi to spearhead the nation’s industrialization efforts until 2030
☀️ Morning digest February 6
Hanoi (VNA) - The following is a list of selected news summaries last weekend by the Vietnam News Agency. - Prime Minister Pham Minh Chinh urged the north-central and central coastal regions to create more breakthroughs in development to match their potential and advantages while addressing a conference in Quy Nhon city, Binh Dinh province, on February 5. The conference touched upon the implementation of the Government’s action plan to materialise the Politburo’s Resolution No. 26-NQ/TW dated November 3, 2022 on orientations for socio-economic development and national defence and security in the two regions by 2030 with a vision towards 2045. It was also intended to promote investment in the regions with the theme of “Linkage - Breakthroughs from maritime economy - Rapid, sustainable development.” Read full story - A Vietnamese delegation led by Deputy Minister of Culture, Sports and Tourism Doan Van Viet attended the 22nd ASEAN Plus Three Tourism Ministers Meeting in … [Read more...] about ☀️ Morning digest February 6
$8 billion to be pumped into Vietnam’s Central Coast
Seven international partners will support the investment in infrastructure, transport, urban development, and climate response. Nearly US$8 billion will be pumped into Vietnam's Central Coast region to support the socio-economic development of the region towards sustainability and climate adaptation. An overview of the signing and awarding ceremony. Photo: Trung Nhan/The Hanoi Times The value was announced at a signing ceremony held on February 5 between the Ministry of Planning and Investment and international partners. Accordingly, the local authorities granted investment certificates and approved investment policies and investment cooperation for domestic and international investors. Among the investment deals, seven development partners are committed to providing a total capital of more than US$1.7 billion in 45 projects. The partners included the Asian Development Bank (ADB), the French Development Agency (AFD), the International Fund for Agricultural … [Read more...] about $8 billion to be pumped into Vietnam’s Central Coast