Green transition

ASEAN countries still rely on fossil-based energy in electricity growth amidst underperformed energy capacity of renewable energy in the region, according to energy think tank Ember.

Leaders of Binh Dinh had a working session on October 22 with Per Hornung Pedersen, Chairman and CEO of German company PNE, which is considering investment in a 4.6-billion-USD offshore wind power plant in the south-central province.

Sorting, collecting, and recycling packaging is one of the solutions that not only helps regenerate products but also effectively reduces environmental pollution, heard a conference on circular economy held within the framework of the Green Economy Forum and Exhibition (GEFE) 2024 in Ho Chi Minh City on October 22.

A conference themed “Renewable energy and energy efficiency” was held in Ho Chi Minh City on October 21, within the framework of the Green Economy Forum and Exhibition 2024, jointly held by the European Chamber of Commerce (EuroCham) and the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade).

Mangrove forests are a unique and rare ecosystem that form in coastal areas and river estuaries that are influenced by tidal effects. Occupying just over 1% of Vietnam’s total forest area (14.4 million ha), yet they play a pivotal role in mitigating the impact of climate change.

The Embassy and Trade Office of Sweden in Vietnam opened a green exhibition and launched the “Sweden - Vietnam Business Footprint” on October 21, affirming the European country’s commitment to promoting bilateral cooperation for a green future.

Vietnam and the European Union (EU) are key partners in green transition and sustainable development, said participants at a plenary session of the Green Economy Forum and Exhibition (GEFE 2024) jointly organised in Ho Chi Minh City on October 21 by the European Chamber of Commerce in Vietnam (EuroCham) and the Ministry of Industry and Trade.

The Ministry of Agriculture and Rural Development has set a target of reaching a stable national forest cover rate of over 40%, focusing on improving forest quality by 2030.

The People’s Committee of the central province of Thua Thien - Hue and the World Wide Fund for Nature (WWF) Vietnam on October 18 signed a cooperation agreement on biodiversity conservation and sustainable development.

The Mekong Delta city of Can Tho generates approximately 650 tons of waste daily. While the garbage collection rate is relatively high at 85%, the city continues to struggle with waste management that ends up in waterways, floating markets, rivers, and lakes.

Minister Counsellor Nguyen Hoang Nguyen, Deputy Head of the Permanent Delegation of Vietnam to the UN, on October 16 recommended several issues that the organisation and its member states should prioritise and promote in the coming time, at a meeting hosted by the Economic and Financial Committee of the UN General Assembly (UNGA)’s 77th Session.

Despite the important role of logistics greening in realising the net-zero emissions goal, the work has faced many difficulties, heard a conference held in Ho Chi Minh City on October 15.

The Thailand International Cooperation Agency (TICA), under the country’s Ministry of Foreign Affairs of Thailand, on October 15 officially handed over a project on sustainable coastal community development through ecotourism and the application of the sufficiency economy philosophy to Binh Dai district in Vietnam’s southern province of Ben Tre.

The Ministry of Agriculture and Rural Development (MARD) has set a target of reaching a stable national forest cover rate of 42-43%, focusing on improving forest quality by 2030.

Automaker VinFast, a subsidiary of conglomerate Vingroup, has announced it delivered more than 9,300 cars to customers in September, securing the leading position in the Vietnamese automobile market in the month.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to 150 million USD to finance renewable energy and power transmission projects in Vietnam, contributing to the national goal of achieving net-zero emissions by 2050.

Vietnam and the Netherlands, together with the Sustainable Trade Initiative (IDH), co-organised a seminar in Geneva, Switzerland on October 8 to discuss Vietnam’s trade integration, development, and environmental management.

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department of the Ministry of Agriculture and Rural Development (MARD).

Vietnamese Consul General in Fukuoka Vu Chi Mai held a working session with a delegation from the National Innovation Centre (NIC) led by its Deputy Director Do Tien Thinh on October 8, with the aim of deploying the hydrogen energy development strategy to 2030, with a vision until 2050.