Public and private sectors work together to establish a circular business economy in Vietnam, aiming towards the country's 2050 objective of net zero emissions. Photo by: Duc Thanh The conference saw the participation of representatives from the MoNRE, the United Nations Development Programme (UNDP), the Global Plastic Action Partnership (GPAP), SCG Vietnam and BeerCo Limited, the Vietnam Chamber of Commerce and Industry (VCCI), and other international organisations and businesses, as well as the press. During the plenary session, the panellists examined the feasibility of building CE in Vietnam to achieve the net zero emission objective by 2050. They also discussed factors to be considered when implementing a circular approach in the country, taking into account lessons learnt from foreign partners and proposals for the transition to circularity. Minister of Natural Resources and Environment Tran Hong Ha emphasised the importance of revamping the current linear economy in … [Read more...] about Vietnam primed for circular and sustainable advancement
Sustainable wholesale products
Reopening increases foreign interest in transport upgrade
Roads, airports, and seaports are being looked at by overseas companies in terms of investment feasibility, Photo: Shutterstock On June 16, Hoang Gia Khanh, deputy general director of state-owned railway giant Vietnam Railways (VNR), received a delegation of Austrian businesses at its headquarters who introduced new products and technology solutions aiming to seek opportunities in the local industry. The commercial counsellor of the Austrian Embassy in Hanoi said that businesses expect to intensify cooperation with VNR, specifically those in funding and upgrading projects, as well as machinery upgrading and maintenance. He added that besides official development assistance, the Austrian government also has other financial tools that can help VNR access financial resources and technologies. According to Khanh, investment demand for the industry’s infrastructure development is huge and he highly appreciates the products and technology of groups like Plasser & Theurer and … [Read more...] about Reopening increases foreign interest in transport upgrade
Vietnam to establish industrial environmental index
A view of the Dong Van II Industrial Park in the northern province of Ha Nam. (Photo: VNA) Hanoi (VNS/VNA) - The Ministry of Planning and Investment (MPI) has called for the implementation of an industrial environmental index in Vietnam, according to Le Thanh Quan, head of MPI's department of economic zone management. Quan said the establishment of environmental standards in more than 400 industrial parks and 18 economic zones across the country was to play a significant role in resolving environmental issues, reducing waste and achieving sustainable development. The MPI had been gathering data and feedback in preparation to set up Vietnam's industrial environmental standards. He said it was in line with the global trend to promote sustainable industrial development among developed countries including Japan, the Republic of Korea and Switzerland. The implementation of the index was also part of a national development strategy on green growth for the 2021-2030 … [Read more...] about Vietnam to establish industrial environmental index
Vietnam urgently fighting against climate change
Channels in District 4 of HCMC are cleaned from waste Statistics from the Vietnam Institute of Meteorology, Hydrology and Climate Change (under the Natural Resources & Environment Ministry) reveal that by 2050, if the sea level increases by 18-30cm, Vietnam will lose about 2 percent of its GDP. Its agriculture will bear the most damages, seeing a drop of 13.5 percent in its added value and a loss of $43 billion from 2020-2100. In 2100, if the sea level rises by 100cm, 6.3 percent of the surface area of Vietnam will be lost, while the affected proportions of the railway system, national roads, and provincial roads will be 4 percent, 9 percent, and 12 percent, respectively. The Mekong Delta will experience the most severe damages, at 52.39 percent; followed by the Red River Delta at 31.4 percent and the Central coastal area at 9.1 percent. Vietnam will face a high chance of non-economic damages like declining health, relocated economic zones, land loss due to land slide, … [Read more...] about Vietnam urgently fighting against climate change
Viet Nam eyes stronger development of Halal industry
A shrimp processing line. Many Vietnamese agricultural products have met food hygiene and safety standards and Halal certification requirements. — Photo thuysanvietnam.com Viet Nam boasts great potential and advantages for developing the Halal industry, and the Vietnamese Government has paid special attention to supporting local businesses to join the global Halal market. Deputy Foreign Minister Pham Quang Hieu made the statement at a conference on promoting international co-operation for developing Viet Nam's Halal industry held by the Ministry of Foreign Affairs in collaboration with the Ministry of Agriculture and Rural Development (MARD) on Tuesday in Ha Noi. The conference, which was in both in-person and online forms, aimed to assess the current situation and prospects of the Halal industry in Viet Nam, discuss ways to promote co-operation and take advantage of international resources to expand the presence of Vietnamese enterprises in production and supply chains of … [Read more...] about Viet Nam eyes stronger development of Halal industry
Taiwan harnesses smart agriculture to promote digital equality for farmers
Across Taiwan, farmers are feeling the effects of climate change. Higher temperatures lead to an increased crop respiration rate and evapotranspiration, higher pest infestations, a shift in weed flora, and reduced crop duration. In this context, Taiwan has successfully integrated agri-tech to make farmers more resilient and to fuel high-quality agricultural development and shared prosperity. Jiunn Shiow Lin, director of the Information Technologies Industries Division at the IDB under the Ministry of Economic Affairs said, “Taiwan’s agriculture industry is undergoing a digital transformation. With the IoT, AI, and big data, local agri-tech innovations are empowering farmers to do more work with less labour and time, reducing the cost and environmental impact of pesticides and ensuring healthier food for all.” Taiwan’s fisheries have been negatively impacted by the extreme weather patterns caused by climate change. However, Quadlink Technology Inc. has developed IoT aquaculture … [Read more...] about Taiwan harnesses smart agriculture to promote digital equality for farmers