Typhoon Chaba weakens into a tropical depression on July 3 morning. (Photo: NCHMF) Hanoi (VNA) – Typhoon Chaba weakened into a tropical depression on July 3 morning, moving north of northwest with its eye located in the south of China’s Guangxi province, which borders northern Vietnam. At around 4am, its wind speed fell to below 39km per hour, according to the National Centre for Hydro-Meteorological Forecasting (NCHMF). The north-western and north-eastern provinces should expect scattered thunderstorms and downpours, with rainfall from 10 – 30mm, and even 50mm in some locations, on the July 3 evening and night. From July 4 – 7, the north will be likely to see heavy rain , the NCHMF forecast, adding that there is the possibility of tornadoes, lightning, hail and strong winds. The mountainous northern provinces are at risk of being struck with flash flood and landslides, it said. Flooding is also expected at low-lying areas./. VNA … [Read more...] about Typhoon Chaba not hit Vietnam, weakens to tropical depression
Wind energy renewable energy and the environment
Masterise Group and UNICEF to innovate for children
Jason Turnbull (left) and Rana Flowers, UNICEF representative to Vietnam, sign a long-term strategic partnership. Photo by Masterise Group What do you aim to achieve through the Innovation for Children project? Masterise Group recently announced Build A Better Future, its strategic corporate social responsibility (CSR) programme designed with three pillars: environment, education, and humanitarian aid. As part of the long-term programme, the group is partnering with UNICEF Vietnam to launch the Innovation for Children project to provide Vietnamese children with a safe, clean, healthy, and sustainable living environment. The project will be an integration of educational and environmental initiatives aimed at addressing three major issues: climate-smart communities, smart schools, and learning through leadership. A UNICEF report in 2021 revealed that children and young people in Vietnam are most at risk from climate change impacts, which are threatening their health, … [Read more...] about Masterise Group and UNICEF to innovate for children
Real estate firms advised to catch up with green growth trend
Illustrative image (Source: VNA) Hanoi (VNA) – Positive changes in the real estate sector are crucial if the country wants to meet its green growth targets. Along with construction, the sector is the source of nearly 40% of carbon emissions in the world and consumes about 36 percent of total power generated globally, according to experts. Savills cited the Global Status Report for Buildings and Construction 2021 , which showed that in 2020, the real estate and construction sector accounted for 36% of global final energy consumption and 37% of energy related CO2 emissions , as compared to other end use sectors. Vietnam approved a national strategy on green growth for the 2021-2030 period with a vision to 2050, which aims to switch the country’s growth model towards a greener economy with the application of a circular economic model through the economical and efficient use of natural resources and energy, and developing sustainable infrastructure for higher growth … [Read more...] about Real estate firms advised to catch up with green growth trend
Vietnam a regional FDI magnet say experts
According to Berly D. Alvarez, chairman of the Philippines’s Kaunlad Lending Investors Corporation and a speaker at the 2018 Horasis Asia Meeting held recently in Binh Duong province, Vietnam’s ability to attract FDI is due to its consistent economic reform, a young and increasingly urbanized population, affordable labor, constant improvements to its business climate, and political stability. The fact that it hosted the 2017 APEC meetings highlights its regional economic integration and steadily improving business climate, he added. Vietnam has been attracting investment in infrastructure, including power projects, road and rail construction and renewable energy. Don Lam, CEO of VinaCapital, said Vietnam’s economy remains strong with 6.6 percent growth targeted next year, inflation remaining under control and manufacturing expanding. “More foreign investment is expected to flow into Vietnam in the coming time.” Pakpoom Vallisuta, chairman of The Quant Group Corporation, a … [Read more...] about Vietnam a regional FDI magnet say experts