Weather forecast for 6 months

The scene of the meeting. (Photo: SGGP) The Standing Office of the National Steering Committee for Natural Disaster Prevention and Control held a meeting with ministries, sectors, and localities on August 10 to discuss measures to respond to the storm. Nguyen Van Tien, Deputy General Director of the Vietnam Disaster Management Authority and deputy chief of the committee’s office, said as Storm Mulan was forecast to cause heavy rains in many areas, therefore ministries, sectors, and localities need to seriously carry out the official dispatch issued by the committee on August 9. They need to monitor vessels working at sea, keep frequent contact with vessel owners to deal with any circumstance in a timely manner, guide them to seek shelter, and ready personnel and equipment for search and rescue when necessary. Localities were told to ensure safety for people and assets on islands and aquaculture zones, transportation vessels, as well as tourism and construction activities at … [Read more...] about Localities demanded to promptly brace for storm Mulan

An automatic rain gauge station (Photo: nongnghiep.vn) Hanoi (VNA) – An automatic rain gauge station ( VRain ) has been installed in Truong Sa island district . VRain is a new-generation automatic rain gauge system with data collection and processing completely developed by the Water Resources Development and Consulting Company ( Watec ). It won the Vietnam Fund for Scientific and Technological Creations (VIFOTEC) Awards in 2019. Data from this new system will help the hydro-meteorological sector and forecasters have more information, current and past data for analysis, weather forecasting and disaster warning At present, the Vietnam Meteorological and Hydrological Administration is monitoring 861 automatic rain gauge stations, and striving to raise the figure to 1,000 by the end of this year./. VNA … [Read more...] about Automatic rain gauge station installed in Truong Sa district

A positive economic outlook gives employers in Vietnam confidence to increase recruitment in the second half of 2022, though not as high as the previous six-month period. The hiring intentions of Vietnam’s employers are estimated to increase in the second half of 2022, as positive growth rates are reported in various sectors. Remarkable economic recovery drives hiring intentions in H2/2022. Photo: Nguyen Viet Thanh/ILO Vietnam This forecast was announced in the Vietnam Employment Outlook Survey Q3 & Q4 2022 by ManpowerGroup Vietnam. About 88% of the surveyed enterprises plan to increase or at least maintain the current headcounts as compared to 95% of the equivalent index in the first half of 2022. The strongest recruitment intentions were reported in Manufacturing & Processing, Wholesale, Retail & Trading, Banking & Finance, Professional Consulting Services, Construction, Food & Beverage & Hospitality - Accommodation and Real Estate. … [Read more...] about Economic recovery drives hiring in H2/2022

McKinsey and Company on August 3 released the report “Can Vietnamese banks seize the green bond opportunity?”, which analyses the preconditions leading to the growth of green-bond markets and urges Vietnamese banks to take timely action to reap the rewards from this segment. New solutions in green finance are crucial because the climate transition is accelerating, Photo: Shutterstock The report indicates that the demand for financing of projects with environmental benefits in Vietnam has grown year by year, totalling more than $10 billion annually from 2018 to 2020 and $21 billion in 2021. This increase is forecasted to continue, based on market momentum, Vietnam’s latest draft of Power Development Plan VIII, and the country’s net-zero commitments. Finance-wise, McKinsey estimates that issuing bonds for environmental, social, and governance (ESG) projects may bring Vietnam’s financial institutions roughly $1.7 billion in revenue by 2025, with $1.5 billion coming from … [Read more...] about New finance instruments in play for climate future