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Twelve large ecosystems will be established across retail and institutional services in Vietnam by 2025, constituting a revenue pool of about 2.4 trillion VND (100 billion USD).
The Central Highlands region aims to raise its forest coverage to 49.2 percent, and forest area to 2.72 million hectares by 2030.
Less tourism activities and waste around the Cham Islands – a world biodiversity reserve site – would help the marine ecosystem in waters off the islands recover after the two-month social distancing order due to the COVID-19 pandemic.
Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.
The growth in investment size in Vietnamese startups over the past few years makes the target of having tech unicorns right in Vietnam feasible, Chu Ngoc Anh, minister of Science and Technology stressed.
Vietnam’s ecosystems are in a strong decline and are threatened with losing their basic functions, experts said at a two-day conference that ended on Thursday in Hanoi.
Vietnam has witnessed the rise of companies which place social impacts over financial gains. However, The awareness of the Government and community about social enterprise remains limited.
The success of startups depends on the support of the community so they can grow and become unicorns.
A typical characteristic of the 4.0 industry revolution is the faster diffusion and larger coverage of new technologies, as well as the higher speed in realizing innovative ideas.
VietNamNet Bridge - Vietnam has no startups with value of $1 billion and higher (called unicorns), but foreign investment funds are optimistic about the future.
VietNamNet Bridge - The online food ordering market is estimated to have value of $38 million by 2020. However, though the market is vast, it is not easy to squeeze into it.
VietNamNet Bridge - Analysts say that the ecosystem for startups is not well organized to give substantial support to entrepreneurs.
VietNamNet Bridge - With the increasing popularity of e-wallets, more foreign money is being poured into the business field.
E-wallets have been changing, struggling to exist among stiff competition. No e-wallet dominates the market, with many of them designed to serve specific ecosystems targeted by investors.
To rehabilitate the aquatic resources in the central provinces, it would be better to create artificial reefs as ‘houses’ for creatures.
VietNamNet Bridge - Scientists, Gia Lai provincial authorities, local residents and managers of Kon Chu Rang Nature Reserve oppose the project on building a hydropower plant in the sanctuary.
VietNamNet Bridge - Following hydropower plants and water reservoirs, road projects now threaten natural sanctuaries and special-use forests (SUF).
VietNamNet Bridge - A road, which would ‘poke at the heart of Con Dao Island’, which faced strong opposition from the public 10 years ago, is about to be built.
VietNamNet Bridge - Though experts and policy makers all admit the great advantages of ecological industrial zones (eco IP or EIP), they think such IZs cannot be developed in Vietnam at this time.
VietNamNet Bridge - China’s construction of artificial islands on the East Sea have seriously affected Vietnam’s ecosystems and sea organisms.