Environment

RoK supports Vietnam’s green growth

Vietnamese experts thanked their partners from the Republic of Korea (RoK) for their support of Vietnam's Green Growth Strategy (VGGS) implementation, which was under review at a conference in Hanoi.
RoK supports Vietnam’s green growth ảnh 1At the event (Source: mpi.gov.vn)

Vietnamese experts thanked their partners from the Republic of Korea (RoK) for their support of Vietnam's Green Growth Strategy (VGGS) implementation, which was under review at a conference in Hanoi.

The RoK partnered VGGS' implementation project was funded by the Korea International Cooperation Agency (KOICA) with a 2 million USD sponsorship starting in July of 2013.

In response to the country's various social and environmental challenges arising from rapid industrialisation and economic development, the VGGS was established in 2012. It has been tasked with reducing energy consumption and greenhouse gas emissions of the country's economy sector, and boost ‘green' business sectors.

At the closing ceremony of the co-operative project on September 8, experts agreed that KOICA was instrumental in developing national action plans to minimise the effects of climate change.

The Korean partners were also praised for helping build a more concrete legal system that can incentivise and monitor green growth in Vietnam.

Similarly, they were recognised for improving the Ministry of Planning and Investment's staff capacity through training and study tours in the RoK.

Deputy Minister of Planning and Investment Pham Hoang Mai personally extended his thanks at the conference.

In the last two years of the project, Bac Ninh, Ben Tre and Quang Nam provinces set up pilot projects to develop green growth initiatives. Bac Ninh province has plans to set up an environmental management system in traditional craft villages and enterprises. Ben Tre province will focus on preserving and developing old bamboo trees. Quang Nam province has, so far, proposed several nature protection and eco-tourism development projects.-VNA

VNA
#RoK#Vietnam's Green Growth Strategy#KOICA#environmental challenges#industrialisation
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