According to the Happy Planet Index (HPI) as announced by UK-headquartered New Economics Foundation (NEF), the country, which is home to an array of mountains and tropical forests, has a strikingly low Ecological Footprint and economic output per head, almost 24 times smaller than that of Hong Kong (China). Indeed, it is one of just three countries to mark the top 10 of the Happy Planet Index rankings with an Ecological Footprint that is small enough to be considered environmentally sustainable. The report also notes that, “While wellbeing in Vietnam is more modest than in other countries in the top 10 HPI rankings, its average wellbeing score is still higher than Hong Kong’s – despite the Vietnamese economy being significantly smaller and Vietnam’s Ecological Footprint being less than a fifth of the size of Hong Kong’s.” “Vietnam has an impressive average life expectancy. Both Vietnam and the Gambia have similar sized economies with similar levels of GDP per capita, yet on … [Read more...] about Vietnam in fifth place in happy planet index rankings
National number identification
Six COVID-19 cases recorded on March 4
Three of the new cases were detected in a lockdown area in Kim Dinh commune, Kim Thanh district, while the other three were in concentrated quarantine facilities as they were F1 of previous cases. The national tally increased to 2,487. The same day, 22 COVID-19 patients were given the all clear, bringing the total number of recoveries to 1,920. The death toll remains at 35. Among patients still under treatment, 65 have tested negative for SARS-CoV-2 once, 57 twice and 137 thrice. More than 51,570 people who had close contact with COVID-19 patients or arrived from pandemic-affected areas are being quarantined across the country. Source: VNA … [Read more...] about Six COVID-19 cases recorded on March 4
Full steam ahead for LNG capacities to omit fossil fuels
Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector. Among the suitors is one from the United States, proposing the Millennium gas power project with a forecast capacity of 14,400MW and 17 million tonnes of storage for liquefied natural gas (LNG) per year. Joining in are Embark United Co., Ltd. and US Quantum Corporation to establish a 6,000MW gas power venture and a port warehouse to receive and process six million tonnes of LNG per year. Japanese investors did also not ignore the opportunity to develop gas power projects in Khanh Hoa, as Sumitomo Corporation proposed to invest in a 3,000MW gas power scheme and a storage system for three million tonnes of LNG per year, while J-Power Co., Ltd. wants to invest in a gas turbine power project with a capacity of 3,000MW. Despite a slightly slower approach, the province is also seeing the … [Read more...] about Full steam ahead for LNG capacities to omit fossil fuels