India assist

Hanoi (VNA) – Vietnam has emerged as an attractive foreign direct investment (FDI) destination in Asia, by beating China and India, a report by The Economist Intelligence Unit (EIU) has indicated. The Southeast Asian nation has become a new hub for low-cost manufacturing in Asian supply chains, the website eurasiantimes.com on January 14 quoted the report. The report suggests that factors that make Vietnam better than its peers are the incentives for international firms for setting up units to manufacture hi-tech products, the pool of low-cost workers, and the proliferation of free trade agreements. It also cited Ruchir Sharma, an emerging markets strategist at Morgan Stanley, as saying that Vietnam’s FDI has averaged more than 6 percent of GDP, which is the highest ratio in any emerging country. In addition, the ever-changing policies as per the market demand, the vigorous changes in the business and investment climate, socio-political stability and population … [Read more...] about Vietnam emerges as attractive Asian destination for investors: The Economist

Using the document as the direction, investors can understand administrative procedures and processes in developing grid-connected biomass power projects, from the development, implementation, operation and maintenance to the decommissioning. Covered with clear and extensive knowledge, the guideline is expected to assist investors in reducing risks before and during their projects’ implementation. … [Read more...] about Updated biomass energy project development guideline to benefit investors

Ca Mau (VNA) – An environment monitoring project for mangrove aquaculture (AQUAM) in Ca Mau  was kicked off on January 15 by the Mekong Delta province's Department of Agriculture and Rural Development, Australia’s University of Queensland and the Greenfield Consulting and Development Ltd (GFD). The project, which will be implemented by UQ and GFD Ltd, aims to build an environmental monitoring system for mangrove aquaculture, provide information on management of mangrove forests and sustainable aquaculture towards improving livelihoods for and resilience of coastal communities to climate change   The project is carried out in key mangrove aquaculture areas in Ca Mau within 15 months, with a budget totalling over 500,600 AUD (384,948 USD) funded by the Australian Innovation Fund (Aus4Innovation). According to Prof. Catherine Lovelock, Director of AQUAM, the project will apply advanced technology in water and forest environmental monitoring, and provide … [Read more...] about Environment monitoring project in mangroves launched in Ca Mau

The city has been facing challenges finding investment in such traffic projects because investors do not see the benefits of investing in the projects or are hesitant to invest because they are all done on a massive scale and require a vast amount of capital. … [Read more...] about Ho Chi Minh City seeks investment for seven major projects

In order to facillitate the implementation of the updated NDC, the Ministry of Natural Resources and Environment is tasked to hold prime responsibility for coordinating with relevant ministries, agencies to develop the Support Programme to implement NDC for the period 2021-2030, and to update the national strategy on climate change for the period 2021-2025 which will include goals stated in the updated NDC and contents required in the Paris Agreement. … [Read more...] about Vietnam determined to reduce GHG emissions by 9 percent in 2030