Unreasoning unjustified terror which paralyzes needed efforts to convert retreat into advance

Illustrative image (Source: AFP/VNA) Hanoi (VNA) – In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target. Following the Paris Climate Accords , Vietnam must fulfill its mandatory obligation to reduce greenhouse gas emissions from 2021 according to the Nationally Determined Contribution (NDC). The country also needs to make efforts to reduce GHG emissions towards the goal of net-zero emissions by 2050. Statistics show that carbon pricing tools control about 23% of total global emissions in 2023. In Vietnam, the voluntary exchange of carbon credits with the world has been carried out by businesses since the mid-2000s in projects and programmes under the Clean Development Mechanism (CDM) - a United Nations-run carbon offset … [Read more...] about Vietnam makes efforts to develop domestic carbon market

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production

The De Heus Can Tho Aqua Feed Mill is designed with a total capacity of 240,000 tonnes annually and is dedicated to producing basa fish feed. All products are manufactured using state-of-the-art European and United States production technology. The entire production process, from input to output, is controlled by a fully automated system and strictly managed in accordance with ISO 22000, BAP and GLOBAL G.A.P. standards. Speaking at the ceremony, Koen De Heus, CEO of De Heus Animal Nutrition said, "We strongly believe white fish products are among the most healthy, delicious and sustainable animal protein products. Therefore, De Heus is actively investing in building our capabilities in this sector, especially in Asia and Africa. Vietnam is positioned well to become one of the world’s most important sources of aquatic proteins. We are committed to keep developing our strategic position in Vietnam together with our local and international partners.” Johan van den Ban, CEO of De … [Read more...] about De Heus opens $20 million aqua feed mill in Can Tho

Print has been the mainstay, but times change and so must the press. Photo: Le Toan Since taking a role as an economic counsellor at the Indonesian Embassy to Vietnam a few years ago, Ance Maylany Napitupulu has considered the local media a reliable source of information for her work. “I’m quite impressed by what Vietnam Investment Review has been doing in conveying information via in-depth stories on both online and print newspapers, and especially in organising events,” Napitupulu said. Napitupulu attended VIR ’s conference themed “Stronger Investment Partnerships for a Thriving Vietnam” in May, where she had an opportunity to establish relations with experts. This was the second time that Napitupulu had participated in such large-scale events led by VIR , which she said is becoming a professional event organiser besides its well-established expertise in the Vietnamese press. “I hope to have another opportunity to attend VIR events as they will provide me with new … [Read more...] about Evolving demands and trends dictate VIR‘s future

According to research by the World Health Organization, for every $1 spent on early childhood development interventions, the return on investment can be as high as $13. Therefore, investing in the development of the younger generation is a cost-effective way to promote shared prosperity, economic growth, and expand equal opportunities. Shinhan Life aims to build a sustainable future for the next generation of Vietnam Sharing this common perspective, Shinhan Life has been integrating business development with social responsibility since its inception in the Vietnamese market. In addition to charity programmes and support for the basic needs of underprivileged children, the company has collaborated to implement long-term educational programmes aimed at comprehensive child development, enabling them to lead fulfilling lives and become valuable citizens for society, thus promoting Vietnam's sustainable future. Supporting nearly 19,000 in treatment costs for … [Read more...] about Shinhan Life promotes sustainable development for future generation of Vietnam

President Vo Van Thuong meets with representatives of the Vu A Dinh Scholarship Fund and the “For the Beloved Hoang Sa and Truong Sa” Club. (Photo: VNA) Hanoi (VNA) - President Vo Van Thuong praised tireless efforts made by members of the Vu A Dinh Scholarship Fund and the “For the Beloved Hoang Sa and Truong Sa” Club to maintain operations for many years when he meet with their representatives in Hanoi on  September 26. Former Vice President Truong My Hoa, Chairwoman of the Vu A Dinh Scholarship Fund , and 100 delegates who are members of the fund and the club, donors, and outstanding students who were presented with the Vu A Dinh scholarships attended the event. President Thuong expressed his joy at the practical and meaningful results of the fund and the club over the years, saying that the organisations’ practical programmes and projects have shown responsibility for the country and beloved students. He underlined the need to continue maintaining the activities of … [Read more...] about President meets with representatives of scholarship fund, club for islands