Vanuatu national sustainable development plan

The signing by Minister of Foreign Affairs Bui Thanh Son made Vietnam one of the first countries to sign the international-legally binding instrument under the 1982 United Nations Convention on the Law of the Sea (UNCLOS). It conveyed the message that Vietnam is a positive and responsible member of the international community as well as the country's efforts to join hands with countries to deal with global issues, contributing to peace, prosperity and sustainable development. More than 60 countries are scheduled to sign the agreement during the underway high-level week of the 78th UN General Assembly. The ratification and signing of the deal is a historical milestone in the international community's efforts in environmental protection during the implementation of the 2030 Agenda, especially the goal No.14 on preservation and sustainable use of oceans and maritime resources. This is the third agreement negotiated and signed within the framework of the 1982 UNCLOS, reaffirming the … [Read more...] about Vietnam becomes one of first nations to sign High Sea Treaty

Ambassador Nguyen Quoc Dung addresses the event. (Photo: VNA) Washington D.C. (VNA) – The Vietnamese Embassy in the US in collaboration with the US Institute of Peace organised a banquet on September 19 evening to celebrate the 78th National Day of Vietnam and the newly-elevated Vietnam-US relationship to a  comprehensive strategic partnership for peace, cooperation and sustainable development. The event was attended by Prime Minister Pham Minh Chinh, who is on a US trip for the 78th United Nations General Assembly and bilateral activities in the country, his entourage, and nearly 30 US guests who are senior officials of the US administration and parliament, and representatives of businesses and organisations, along with scholars and US friends. Opening the event, Ambassador Nguyen Quoc Dung highlighted the significant of the National Day of Vietnam and the elevation of the Vietnam-US ties during the Vietnam visit by US President Joe Biden . He thanked US friends and … [Read more...] about National Day, elevation of Vietnam-US ties celebrated in Washington

By 2025, a number of key drivers are expected to continue to make Vietnam one of the fastest-growing and most sustainable emerging markets. In addition to traditional growth drivers such as production, export, investment, and consumption, some new trends are set to become new driving forces for Vietnam's economic growth in the medium and long term. Firstly, the strong development of the digital economy. By completing the legal framework and overcoming the limitations in terms of infrastructure, human resources, innovation ecosystems, and network, information, and data security, Vietnam's digital economy is expected to continue to grow strongly up to 2030. Secondly, accelerating labour productivity and total factor productivity (TFP) is a driving force for Vietnam's economy to improve over the coming years, with predicted increases of about 4.5-5 per cent over the 2021-2025 period and 6-6.5 per cent from 2026 to 2030. TFP's contribution to GDP growth is forecast to reach about … [Read more...] about Calls for establishment of national productivity committee

Deputy Prime Minister Tran Luu Quang speaks at the conference. (Photo: VNA) Lam Dong (VNA) – Deputy Prime Minister Tran Luu Quang has identified three main tasks for the development of the Tay Nguyen Central Highlands and required provinces in the region to prioritise those tasks, while addressing the first conference of the Tay Nguyen coordinating council held in Da Lat city , Lam Dong province , on September 20. The Deputy PM said the three main tasks are completing transport infrastructure, enhancing intra-region connectivity, and establishing connectivity with adjacent regions and localities. Localities in the region should devise mechanisms to coordinate with each other in investment attraction and promotion following the principle of putting the region's common interests first, he said, adding that another important task is to set forth a strategy on developing agricultural production chains to make the best use of regional advantages. A view of the … [Read more...] about Deputy PM identifies three main tasks for Central Highlands development

Combining planning with building firm defensive area Embracing and implementing the Politburo’s Conclusion No.64-KL/TW issued on October 30, 2019 on promoting the implementation of Resolution No.28-NQ/TW dated September 22, 2008 on building provinces and cities into firm defensive areas in the current context, Kim Bang district’s authorities always attach much importance to building the defensive area in line with building the all-people national defense and people's security. Especially, local programs and projects on developing the economy, culture, and society have been combined with planning on building military posture in defensive areas, with a spirit of "economic development in line with strengthening national defense and security." Therefore, the district’s authorities have closely worked with relevant forces to mobilize all economic resources to ensure defense and security, exploit local potential to attract investment and ensure social welfare, and combine … [Read more...] about Socio-economic development in line with building firm defensive areas

Illustrative image (Source: VNA) Hanoi (VNA) – Just energy transition is significant in the development of workers' skills, the labour market and employment due to the high requirements of green and sustainable economic development, heard a conference held by the German Embassy in Hanoi on September 20. Dr. Guido Hildner , German Ambassador said that in his country, the number of employees working in occupations requiring green skills increased 56.7% to 5 million between 2012 and 2020. This shows that the energy transition is a complex and demanding process, but also provides great opportunities to the people and the economies. Noting that Vietnam has set a target of net-zero emission by 2050, the diplomat said that Germany has supported Vietnam in employment transition by training Vietnamese workers in the fields of electricity, electronics and roof-top solar power installation. Each year, tens of thousands of students are trained in 11 vocational training … [Read more...] about Just energy transition requires higher labourers’ skills: Experts

The German Embassy in Vietnam hosted a pivotal seminar on September 20 on the just energy transition and opportunities in Vietnam's labour market. The discussion centred on the potential for green jobs in the wake of Vietnam's evolving energy landscape. Speaking at the event, German Ambassador to Vietnam Dr. Guido Hildner drew attention to the nation's ambitious goal of achieving carbon neutrality by 2050. Coupled with its commitment to a just energy transition, this opens vast opportunities for sustainable development and promises a robust influx of high-quality job opportunities for the future. Reflecting on his home country's experience, Ambassador Hildner stated, "In Germany, the number of employees working in skilled green sectors saw a surge of 56.7 per cent, rising to 5 million between 2012 and 2020. This underscores that while the energy transition is a complex and demanding journey, it has immense potential to benefit citizens and the economy at large." Recent policies … [Read more...] about Vietnam eyes green jobs amidst energy transition: Insights from German experience

Thai Prime Minister and Minister of Finance Srettha Thavisin speaks at the event. (Photo: thaipbsworld) Bangkok (VNA) - Thai Prime Minister and Minister of Finance Srettha Thavisin pledged to work for Sustainable Development Goals (SDG) attainment at the Leaders’ Dialogue 6 of the SDG Summit 2023 held on the sidelines of the 78th session of the United Nations General Assembly in New York on September 19. Srettha noted that the international community need to address financial issues, increase investment in (SDGs), and create an equitable playing field in the international financial structure. He also expressed support for UN Secretary-General Antonio Guterres’s appeal for the annual 500 billion USD stimulus package until 2030. Later, he announced three national commitments aimed at advancing the SDGs, with the goal of improving the livelihoods and well-being of the people, while also empowering various segments of the society./. VNA … [Read more...] about Thailand pledges to work for SDG attainment

PM Pham Minh Chinh speaks at the Climate Ambition Summit in New York on September 20. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh joined other world leaders in the Climate Ambition Summit and the UN High-Level Meeting on Pandemic Prevention, Preparedness and Response in New York on September 20 (local time), part of the high-level week of the 78th UN General Assembly . Addressing the Climate Ambition Summit, PM Chinh stressed that climate change remains the biggest global challenge directly impacting and taking a heavy toll on economic development, social security, and people’s life safety and health. A global and universal approach with breakthrough, general, comprehensive, and innovative solutions is required for coping with climate change, he opined, calling for faster, stronger, and more responsible actions to minimise the global temperature rise. He proposed a new vision, a new mindset, new determination, and drastic actions be made to secure … [Read more...] about PM attends UN climate ambition summit, pandemic preparedness meeting

According to PwC's research, 96 per cent of Vietnamese consumers are willing to pay for products produced by companies with good business ethics, while 68 per cent of the next generation believes that businesses have a responsibility to combat climate change and its related consequences. At a business level, ESG commitment levels are high, with 80 per cent of companies having made ESG commitments or plans to do so soon. Pham Hai Au, director of Business Solutions at PwC Vietnam, noted that ESG is a topic that has attracted significant attention in Vietnam, ranging from press coverage, events, and conferences, to reports, surveys, and research. “Stakeholders have articulated their views on ESG practices, setting increasingly high expectations when implementing sustainable operations and the transparent disclosure of non-financial information,” he said. “ESG practices are seen as a transformative journey that creates long-term value and opens up new opportunities for businesses,” … [Read more...] about VNU and PwC hold workshop on ESG practices