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Update news green development
2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for 51.5 million USD.
Going green is becoming vital for Việt Nam to tap opportunities arising from the UK – Việt Nam Free Trade Agreement (UKVFTA) to expand exports to the...
The International Finance Corporation (IFC) estimates that Vietnam's climate investment opportunities will reach up to 757 billion USD by 2030, focusing on renewable energy, green construction, energy efficiency and transportation.
Vietnam is soon to introduce a new set of national criteria aimed specifically at speeding the development of green industries, in line with international standards, according to the Ministry of Planning and Investment (MPI).
Vietnam, one of countries that may be significantly affected by natural disasters and climate change, recognises that green growth is one of the crucial strategies to achieve rapid and sustainable development.
Many Vietnamese micro, small and medium-sized enterprises have not prioritised the transition to green development due to many limitations such as human resources and access to capital, according to experts.
Although Vietnam’s e-commerce has recorded remarkable growth in recent years, related businesses are scrambling to improve sustainability due to a lack of suitable regulations.
Green transition in Vietnam would require new investments in at least 60 per cent of the country's infrastructure, according to PwC.
The US Agency for International Development and the Vietnam Chamber of Commerce and Industry yesterday celebrated the launch of a new tool to spur green economic growth: the Provincial Green Index.
Many provinces and cities across the country plan to expand green urban areas in their localities, aiming to create green spaces thus improving the environment and enhancing the quality of life for locals.
Deputy head of the Party Central Committee’s Economic Commission Nguyen Duy Hung said that Le Van Luong road in Hanoi is a typical example of bad planning. Floods and traffic jams often occur on the road.
Vietnam’s commitment to achieving net zero emissions by 2050 at COP26 is expected to bring a tailwind of opportunities, facilitating the export of made-in-Vietnam products.
More than 1,000 businesses located at processing, industrial and hi-tech parks in Ho Chi Minh City are set to have solar panels installed on their rooftops in the next few years in an effort to promote green development.
Developers are moving towards sustainable development by promoting green apartment buildings but there are issues to surmount.
Developing greener urban areas is one of the key pillars in Vietnam’s journey to sustainable development.
With new approaches and diversified investments, private investors have been infusing a new spirit of innovation into Vietnam’s agriculture, adding value and sustainable growth.
VietNamNet Bridge - Vietnam now ranks 31st in the world in greenhouse gas emissions (GHG). Its GHG intensity per capita is lower than the average global level, but the intensity of emissions per one unit of GDP is higher.
VietNamNet Bridge - The State is encouraging institutional and individual investors to establish new ecological industrial zones (IZ) or develop existing IZs into ecological zones.
A lot of traditional brick kilns that caused environment pollution have been forced to stop operation. However, lightweight materials still have not been used for construction works.