Vietnam has set a target of increasing its green economy's contribution to GDP from $6.7 billion in 2020 to $300 billion by 2050, which requires drastic and breakthrough steps, Minister of Planning and Investment Nguyen Chi Dung has said.

Gia Dinh Group and SEP Cooperative of the Republic of Korea (RoK) on April 13 signed a memorandum of understanding on building a net-zero industrial complex in the southern province of Binh Duong.

The CFA is part of the UK Government's efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow in 2021.

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

As Việt Nam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go...

The Ministry of Agriculture and Rural Development is about to complete a draft of the project to develop 1 million ha of low-emission high-quality rice in Vietnam, according to Deputy Minister Tran Thanh Nam.

The EU Green Deal is a set of policies that includes new measures and efforts to transform the EU’s economy for a sustainable future.

HCM City is cooperating with the World Bank (WB) to implement a programme called ‘A low-carbon city development’ towards developing a domestic carbon market.

Vietnam needs a budget of up to 600 billion USD to achieve the target of carbon neutrality by 2050, according to Kazuo Kusakabe, Chief Representative of Toshiba Asia Pacific Pte Ltd in Hanoi.

Vietnam takes people as the goal in development. People will enjoy the fruits of a green economy and the government will not sacrifice the environment to pursue economic growth.

Logistics firms want the government to provide capital to develop technology and digitization to manage the flow of goods to minimize import-export costs.

The Vietnamese Government is prioritizing climate change responses, green economy, sustainable development in its action programs. Therefore, businesses are advised to adapt to these concepts for their own growth.

The European Chamber of Commerce in Vietnam (EuroCham Vietnam) will hold the Green Economy Forum & Exhibition (GEFE) 2022 in HCMC from November 28 to 30.

ESG (E-Environmental; S-Social; G-Governance) standards remain unfamiliar to many Vietnamese businesses.

European enterprises are focusing more and more on green investments to tap into fresh opportunities from Vietnam’s actions to achieve net zero by 2050, but they need legal improvements and incentives to facilitate their plans.

Vietnam will continue to encourage investors to both develop eco-IPs and transition from traditional to ecological ones, which is set to contribute to the national target of reducing greenhouse gas emissions.

The Civil Aviation Authority of Vietnam (CAAV) is collecting comments on a draft circular stipulating that all businesses in the sector must have a plan to convert ground vehicles from fossil fuels to electric.

Rice, which is Vietnam’s most important crop and grown on more than half of its agricultural land area, accounts for 48 per cent of the agriculture sector’s GHG emissions and over 75 per cent of methane emissions.

Green industries are expected to implement sustainable development goals, and help the national strategy on green growth in 2021-2030 and Vietnam’s commitment to achieve net zero emissions by 2050.

Increasing attention has been given to the reduction of greenhouse gas emissions in Vietnam’s agriculture sector, particularly rice production, in a bid to protect the environment given complex climate change developments.