Why is sustainable development important to environmental protection

Ceremony to mark the 20th founding anniversary of Vietnam Environment Protection Fund (Photo: VNA) Quang Ninh (VNA) – The Vietnam Environment Protection Fund (VEPF) has contributed importantly to protecting the environment and reducing pollution over the past 20 years. Speaking at a ceremony to mark the 20th founding anniversary of the fund on June 26 in the northern province of Quang Ninh, its Director Nguyen Duc Thuan said that in the past two decades, VEPF has provided preferential loans for nearly 400 projects with a total disbursed capital of nearly 3 trillion VND (129 million USD). It has also financed over 100 billion VND to help localities deal with post-disaster environmental pollution, received combined deposit amount of 250 billion VND from over 360 projects to ensure the restoration of the environment after the projects are completed, and mobilised a non-refundable aid worth 84 million USD from the Global Environment Fund. Deputy Minister of Natural … [Read more...] about 20-year-old fund helps protect environment, reduce pollution

Deputy Minister of Agriculture and Rural Development of Vietnam Phung Duc Tien suggests the UK government to soon consider opening the market for fresh fruits (Photo: VNA) London (VNA) –  Minister of State at the Department for Environment, Food and Rural Affairs (DEFRA) of the UK Victoria Prentis on May 25 highlighted the importance of the Vietnam-UK agriculture and rural development cooperation , especially now that the UK government considers Vietnam as a vital partner in the Indo-Pacific region. Phung Duc Tien at the headquarters of DEFRA, Prentis affirmed her country’s commitment to strongly support the transformation of Vietnam's agriculture towards green, low emission and sustainable development. Vietnam 's agriculture towards green, low emission and sustainable development. VNA … [Read more...] about UK attaches importance to agriculture cooperation with Vietnam

Australian foreign minister Penny Wong is welcomed by her Vietnamese counterpart Bùi Thanh Sơn on Monday. — VNA/VNS Photo Lâm Khánh HÀ NỘI — Vietnamese foreign minister Bùi Thanh Sơn on Monday welcomed his Australian counterpart Penny Wong on her official visit to Việt Nam. Việt Nam is the first Southeast Asian country Wong paid a visit to after assuming the Australian Minister of Foreign Affairs position. Congratulating Australia on its success in the federal election and COVID-19 vaccination campaign, Minister Sơn believes that Wong’s visit will further promote the strategic partnership between the two countries. Việt Nam and Australia will soon commemorate the 50th anniversary of the establishment of their diplomatic relations in 2023. The Vietnamese foreign minister also expressed his gratitude to the Australian government for their prompt support in providing COVID-19 vaccines and medical equipment for Việt Nam, particularly the 14.4 million doses for children, which … [Read more...] about Concrete actions are important to shared prosperity: Australian foreign minister

Saravoot Yoovidhya, CEO of TCP Group, announced the new corporate purpose in Vietnam From 2022 to 2024, TCP Group is further driving the organisation towards sustainable business growth and creating a positive impact on society and the environment, locally and globally. "Five years ago, we announced the synergy of our various businesses into TCP Group, and we have been working towards sustainable development goals ever since. Up to now, events like COVID-19 and digital transformation have tremendously affected business, society, and the environment. We, therefore, are revisiting our purpose and strategies in every aspect to prepare for the volatile future and to create growth for the organisation while energising the sustainability of the world with a new purpose, called Energising A Better World For All,” said Saravoot Yoovidhya, CEO of TCP Group. Throughout its over 60 years of operation, TCP Group's priority has been to ensure the development of the economy, society, and … [Read more...] about TCP Group’s CEO announced a new corporate plan

Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA

Part of Van Don district in Quang Ninh province (Photo: VNA) Quang Ninh (VNA) – The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021. In the period, the province has effectively implemented its overall strategy on containing COVID-19 and safely and flexibly adapting to the pandemic, thus facilitating development in the new normal situation. Quang Ninh collected over 27.18 trillion VND (1.17 billion USD at current exchange rate) for the State budget , an increase of 18% year-on-year. Total social investment in the period is estimated at 42.3 trillion VND, up 10.9% from the same period last year. The tourism industry of Quang Ninh has also enjoyed a stable recovery, serving 5.5 million visitors in the six-month period, a 2.2-fold rise year-on-year. The figure also showed a 19.57% increase … [Read more...] about Quang Ninh posts 10.66% economic growth for first half

The Vietnam Circular Economy Forum 2022 illustrates the efforts of key stakeholders to establish a circular economy for sustainable development in Vietnam The forum is organised by the Ministry of Natural Resources and Environment in collaboration with relevant agencies. It welcomes nearly 500 delegates, which are representatives of ministries, municipalities, foreign embassies, international organisations, as well as research and educational institutes. The event’s purpose is to examine feasible circular economic (CE) models for Vietnam in light of the finest regional and global practices. In addition, it will specify the procedures, policies, and financial resources necessary to foster CE in the country. According to the Asian Development Bank Institute (ADBI), developing Asia's ongoing reliance on fossil fuels and raw materials for manufacturing continues to strain already vulnerable ecosystems. Vietnam has the second-highest levels of air pollution in Southeast Asia in … [Read more...] about Vietnam’s ministries and private sector sit down on circular economy talk

Headquarters of the Hung Yen Department of Agriculture and Rural Development The department’s remit includes agriculture, forestry, fisheries, irrigation and rural development, flood and storm control, agro-forestry-fishery product safety management, and public services in the field of agriculture and rural development. For over 72 years, under the leadership of the provincial communist party committee and people’s committee, the provincial agriculture and rural development sector has contributed significantly to Hung Yen Province’s socioeconomic development. In recent years, the sector has achieved significant results in agricultural restructuring for higher added value and sustainable development, helping improve livelihoods and the rural face of Hung Yen Province. In 2022, the sector continues accelerating agricultural restructuring along with building new rural areas to contribute to local economic growth, increase incomes, ensure social security, national defense and … [Read more...] about Offering valuable advice

The Australian top diplomat said the ties between the countries run deep. Australian Foreign Minister Penny Wong today [June 27] met with Vietnamese counterpart Bui Thanh Son in Hanoi as part of her three-day visit to affirm the new Australian government’s commitments to continue the Strategic Partnership with Vietnam. Vietnam's Foreign Minister Bui Thanh Son (R) and Australia's Foreign Minister Penny Wong in Hanoi on June 27. Photos: Baoquocte In the visit which was made one month after she was sworn in as Australian Foreign Minister, Wong affirmed the role of Vietnam in the regional architecture and the two countries in the regional peace and security. In Vietnam, Wong will meet with President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh, and Chairman of the CPV Central Committee’s Commission for External Relations Le Hoai Trung. Her trip comes ahead of next year’s 50th anniversary of diplomatic relations between Vietnam and Australia. Before the … [Read more...] about Penny Wong arrives in Hanoi, affirming new Australian cabinet relations with Vietnam

Denis Brunetti, president in Vietnam and Myanmar for Ericsson With digital transformation being accelerated in the manufacturing sector, what are the factors for the successful development of smart factories in Vietnam? The next wave of socioeconomic development in Vietnam will be created through innovation, science, and technology, driven by the digital economy. A key component of Vietnam’s socioeconomic development strategy is the digital economy, which will contribute 25 per cent of GDP by 2025 and 30 per cent by 2030. It will also further enhance productivity in all key economic sectors of Vietnam. The new digital economy will be created by scientific and technological advancements and innovation, particularly in areas such as 5G, AI, machine learning, automation, cloud computing, blockchain, and the Internet of Things (IoT). With our global scale and expertise, we look forward to supporting Vietnam with the expanded deployment of 4G and 5G networks moving forward. … [Read more...] about The path to success with smart 5G manufacturing in Vietnam