Hanoi (VNA) - Vietnam needs to undertake sustained efforts to transform toward a greener and more inclusive economy that is more connected with nature.
Only One Earth, the theme for the World Environment Day this year, stresses a more sustainable and harmonious coexistence with the world around us, the environment and most importantly with mother nature.
For Vietnam, the above theme is also a message to remind the community of the importance of transforming growth models, looking to a greener economy.
The Minister of Natural Resources and Environment Tran Hong Ha emphasised “Only One Earth” with the central motto “Sustainable Living in Harmony with Nature” is the theme of World Environment Day 2022. This message along with the theme “Building a Shared Future for All Life” of the International Day of Biodiversity suggests nations must act decisively and each of us must not forget that there is only one common “Natural Home” for our species in the entire universe. Therefore, people need to reflect on their attitudes and behaviors towards nature. We need to adjust the way resources are used to a more sustainable way and focus on nature-based solutions to solve problems. Global issues such as climate change, health, food security, people’s livelihoods require critical consideration at this juncture. Vietnam is accelerating economic restructuring associated with the development of the digital economy, green economy and circular economy in order to effectively use and conserve natural resources, and protect habitats. The strong declaration of net zero emissions by 2050 demonstrates Vietnam’s determination and political commitment. It wants to take responsibility in solving serious global challenges in terms of climate, environment, and the deterioration of local ecosystems, toward the goal of a healthy planet.
In the past time, political undertakings and commitments have been and continue to be institutionalized. In particular, the Law on Environmental Protection 2020 was officially enforced from January 1st, 2022. It has resulted in many breakthrough policies and solutions, marking a period of strong transformation in environmental protection. The promulgation of the law has helped the Southeast Asian nation trend towards the goal of improving environmental quality, protecting people’s health, ecological balance, biodiversity conservation and sustainable economic development. What is important is that businesses and people will play a center role in the implementation.
Sharing the same view with the Government of Vietnam, Caitlin Wiesen, United Nations Resident Coordinator in Vietnam, Chief Resident Representative of UNDP Vietnam highly appreciated the Vietnamese Government’s drastic actions since COP26. These actions include the establishment of a National Steering Committee on the implementation of Vietnam’s climate commitments. She said, Vietnam’s recently published Draft National Strategy on Climate Change is an important policy tool to assist in realizing the goal of net-zero emissions by 2050 and strengthening resilience in the community. The United Nations will continue to support Vietnam in reviewing its Nationally Determined Contribution and National Adaptation Plan technical report before COP27 in November 2022. In addition, the United Nations will continue cooperating with Vietnam in natural resource management and biodiversity conservation.
The system of dikes to prevent erosion inland surrounds Ca Mau Cape National Park (Photo: Trong Dat/VNA)
Over the past time, environmental protection and solid waste management efforts directed by the Party and State have achieved many important results. Many legal documents on solid waste management have been promulgated by the National Assembly, the Government, the Prime Minister and relevant ministries and sectors. One example is such as the Law on Environmental Protection, Decrees of the Government and Circulars of Ministries guiding the implementation, the National Strategy on Integrated Solid Waste Management and the Prime Minister’s Directive on a number of urgent solutions to strengthen solid waste management. The promulgation of legal documents on solid waste management in order to overcome the limitations and inadequacies in the current management, also proactively prevents and minimizes environmental pollution, and creates a fundamental change in the solid waste management./.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.