JAKARTA/HANOI -- Just Energy Transition Partnership (JETP) discussions on the early retirement of coal-fired power plants in Indonesia may have hit a snag as a local official said on Monday that western countries are not ready to finance such projects. JETP, a financing scheme made up of equity investments, grants and concessionary loans from members of Group of Seven (G7), multilateral banks and private lenders, is aimed at helping developing nations accelerate their shift towards cleaner energy sources in the power sector and cut reliance on dirty fuel such as coal. South Africa was the first country to reach a deal under the JETP, securing a $8.5 billion financing pledge in 2021. Indonesia secured $20 billion and Vietnam $15.5 billion in deals struck in late 2022. Here's an update of JETP's progress in Indonesia and Vietnam. Indonesia Indonesia had planned to announce in August its investment plan for the funds pledged under JETP, but it has since delayed the … [Read more...] about Indonesia, Vietnam energy transition financing under JETP
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Hanoi schools join Young Health Program Vietnam
The second phase of Young Health Program Vietnam will be implemented over three years to improve Vietnamese youth's health and quality of life, primarily those between 10-24 years of age. The second phase of the Young Health Program Vietnam (YHP) for the 2023-2025 period was officially launched on October 2, and along with communication campaigns, awareness-raising activities are scheduled to take place at schools in Hanoi. Most of the schools in the districts of Cau Giay, Long Bien, Dong Anh, and Hai Ba Trung will join the YHP, which has been held by Vietnam's Ministry of Education and Training (MoET), AstraZeneca, and Plan International Vietnam. The program is a global community investment initiative of AstraZeneca, and the second phase will be implemented over three years to improve the health and life quality of the Vietnamese youth, especially those between 10-24 years of age. Specifically, YHP aims to ensure that young people are equipped with knowledge about risky … [Read more...] about Hanoi schools join Young Health Program Vietnam
Vietnam’s 9 UNESCO world heritage sites
1. Ha Long Bay - Cat Ba Archipelago The Ha Long Bay - Cat Ba Archipelago boasts limestone islands and lush islands, creating its unique natural charm. Photo by VnExpress/Tran Dat On September 16, the UNESCO World Heritage Committee added the Ha Long Bay - Cat Ba Archipelago to its list of world natural heritage sites. This latest recognition brings Vietnam's tally to three natural heritages, five cultural heritages, and a mixed natural and cultural property. According to the Department of Cultural Heritage, the Ha Long Bay - Cat Ba Archipelago earned UNESCO recognition due to its natural beauty, which includes limestone islands cloaked in foliage and limestone peaks rising above sea level. The area's vistas, featuring lush islands, saltwater lakes, and limestone cliffs, contribute to its unique appeal. 2. Ha Long Bay Ha Long Bay itself has received UNESCO accolades twice before. In 1994, it was designated … [Read more...] about Vietnam’s 9 UNESCO world heritage sites
Vietnam asks for PCA support in enhancing capacity in international law
Vietnamese Ambassador to the Netherlands Ngo Huong Nam (L) presents his credentials to Secretary-General of the PCA Marcin Czepelak (Photo: VNA) The Hague (VNA) – Vietnamese Ambassador to the Netherlands Ngo Huong Nam has asked the Permanent Court of Arbitration (PCA) to continue supporting Vietnam in enhancing capacity in the field of international law to serve socio-economic development and international integration. Meeting Secretary-General of the PCA Marcin Czepelak in The Hague on September 25, the Vietnamese diplomat said he hopes the PCA will introduce, connect and send experts of international law to Vietnam to share their experience and knowledge. The ambassador also proposed the PCA create favourable conditions for the acceptance of Vietnamese candidates to work at the PCA headquarters in The Hague. Expressing his delight at the UN General Assembly ’s adoption of a resolution on celebrating the 125th founding anniversary of the PCA, affirming that as a PCA … [Read more...] about Vietnam asks for PCA support in enhancing capacity in international law
Hanoi exceeds international visitor target in 2023
Hanoi received 18.9 million tourists in the first nine months of this year. The number of international visitors to Hanoi in the first nine months of 2023 has exceeded the annual target, the Hanoi Department of Tourism reported. International visitors at Hoan Kiem Lake - the heart of the capital city. Photos: Hoai Nam/ The Hanoi Times Among the arrivals, international tourists are estimated at 3.2 million, a fourfold increase compared to the same period in 2022, while the number of domestic tourists hit around 15.7 million, a 20.2% year-on-year increase. The total tourism revenue reached about VND69.3 trillion (US$2.85 billion), an increase of 66.9% year-on-year. The average occupancy rate of accommodation across all categories was 61%, up 27% year-on-year. In January-September, Hanoi was consistently rated highly by international tourism organizations and ranked among the most attractive destinations in the world. The city was once again recognized as … [Read more...] about Hanoi exceeds international visitor target in 2023
New approaches in Vietnam’s tourism
On September 16, Quang Nam chose India as the first destination of its first provincial tourism promotion programme since the pandemic, opening the door for further activities set to take place elsewhere in the coming months. Deputy director of the Quang Nam Department of Culture, Sports, and Tourism Van Ba Son said many tourism products and services of the province had been introduced to Indian partners during a four-day event in Mumbai city in mid-September. Businesses and travel associations from both sides also reached an agreement on cooperation in exchanging guests, opening up more attractive development opportunities for the tourism industries of the two countries in the future. “We chose India because this country is in the top 10 largest international tourist markets in Vietnam. The number of Indian tourists coming here is increasing, the two countries also have many similarities in culture and religion and both have advantages in developing cultural tours,” Son said. … [Read more...] about New approaches in Vietnam’s tourism
Vietnam becomes one of first nations to sign High Sea Treaty
The signing of the agreement 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 U.N. 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 UNCLOS 1982, reaffirming the role and importance of the convention as a legal framework for all activities at sea and in oceans. The High Sea Treaty regulates the exploitation, sharing of benefits and conservation of … [Read more...] about Vietnam becomes one of first nations to sign High Sea Treaty
Vietnam becomes one of first nations to sign High Seas Treaty
Signing the agreement signaled that Vietnam is an active and responsible member of the international community. Vietnamese Foreign Minister Bui Thanh Son signed the United Nations Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (The High Seas Treaty) on September 20, making Vietnam one of the first countries to join the internationally legally binding instrument under the 1982 United Nations Convention on the Law of the Sea (UNCLOS). Vietnamese Minister of Foreign Affairs Bui Thanh Son signs the United Nations' Treaty of the High Seas. Photo: VNA As part of Prime Minister Pham Minh Chinh's working trip to the United Nations General Assembly High-Level Week, the signing of the treaty conveyed the message that Vietnam is a positive and responsible member of the international community and that the country is committed to joining hands with countries to address global issues and contribute … [Read more...] about Vietnam becomes one of first nations to sign High Seas Treaty
Vietnam’s National Day marked in Netherlands, Belgium
At the ceremony to mark the 78th National Day of Vietnam in the Netherlands (Photo: VNA) The Hague (VNA) - The Vietnamese Embassy in the Netherlands held a ceremony on September 29 to mark the 78th National Day of Vietnam , inviting 200 guests who are local officials, international diplomats and representatives from the Vietnamese community in the European country. Addressing the event, Ambassador Ngo Huong Nam reviewed the glorious history of national construction and defence of Vietnam over the past 78 years as well as the country's achievements in external relations, politics, economy and international integration. Vietnam always treasures and is grateful for the valuable and practical support from international friends, including the Netherlands, he said. Looking back on the 50-year ties between Vietnam and the Netherlands, the diplomat said that the two countries have become each other's important and priority partners. Currently, the Netherlands is the biggest … [Read more...] about Vietnam’s National Day marked in Netherlands, Belgium
Vietnam joins first “International TECHFEST in Australia”
People at the " International TECHFEST in Australia " held in Melbourne. (Photo: vneconomy.vn) Sydney (VNA) – The Ministry of Science and Technology (MoST) and Australia’s Monash University on September 20 organised the first “International TECHFEST in Australia”, aiming to attract international resources to develop Vietnam’s innovative startup ecosystem. The event saw the participation of Vietnamese and Australian officials and over 100 experts, investors, and investment funds from the two countries. Minister of Science and Technology Huynh Thanh Dat said that the event is an opportunity to promote the image of Vietnam's open and dynamic creative startup ecosystem. It’s also a bridge connecting businesses and organisations with international resources around the world. Vietnam calls on overseas Vietnamese, intellectuals, entrepreneurs, technology experts, and foreign startups to come to Vietnam and work with Vietnamese partners to solve local and global challenges, he … [Read more...] about Vietnam joins first “International TECHFEST in Australia”