green economy

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EU-invested expansion projects suspended over green energy standards

Several EU investment projects in Vietnam have put their expansion plans on hold as the country does not meet green energy standards, heard at a conference between Prime Minister Pham Minh Chinh and foreign investors.

Green growth long-term instrument for net-zero commitments

Green growth is instrumental for Viet Nam in achieving its target of net-zero carbon emission by 2050, according to Minister of Planning and Investment Nguyen Chi Dung.

Vietnam’s green economy expected to reach US$300 billion by 2050

Vietnam has set a target of increasing its green economy's contribution to GDP from $6.7 billion in 2020 to $300 billion by 2050, which requires drastic and breakthrough steps, Minister of Planning and Investment Nguyen Chi Dung has said.

Binh Duong’s first net-zero industrial cluster to be built

Gia Dinh Group and SEP Cooperative of the Republic of Korea (RoK) on April 13 signed a memorandum of understanding on building a net-zero industrial complex in the southern province of Binh Duong.

UK-funded CFA to support nine low-carbon projects in Vietnam

The CFA is part of the UK Government's efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow in 2021.

Agricultural authorities draft plan to grow one million hectares of low-carbon rice

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

FDI projects in Vietnam go green

As Việt Nam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go...

Vietnam to develop 1 million ha of low-emission high-quality rice by 2030: draft

The Ministry of Agriculture and Rural Development is about to complete a draft of the project to develop 1 million ha of low-emission high-quality rice in Vietnam, according to Deputy Minister Tran Thanh Nam.

EU Green Deal poses challenges to Vietnamese businesses

The EU Green Deal is a set of policies that includes new measures and efforts to transform the EU’s economy for a sustainable future.

HCM City seeks to build low-carbon city

HCM City is cooperating with the World Bank (WB) to implement a programme called ‘A low-carbon city development’ towards developing a domestic carbon market.

Vietnam needs 600 billion USD to achieve carbon neutrality

Vietnam needs a budget of up to 600 billion USD to achieve the target of carbon neutrality by 2050, according to Kazuo Kusakabe, Chief Representative of Toshiba Asia Pacific Pte Ltd in Hanoi.

Vietnam won’t sacrifice the environment for economic growth: Prime Minister

Vietnam takes people as the goal in development. People will enjoy the fruits of a green economy and the government will not sacrifice the environment to pursue economic growth.

Green logistics to reduce costs for Vietnamese goods

Logistics firms want the government to provide capital to develop technology and digitization to manage the flow of goods to minimize import-export costs.

Vietnam promoting zero-emission economy

The Vietnamese Government is prioritizing climate change responses, green economy, sustainable development in its action programs. Therefore, businesses are advised to adapt to these concepts for their own growth.

EuroCham to hold green economy forum in HCM City in late Nov

The European Chamber of Commerce in Vietnam (EuroCham Vietnam) will hold the Green Economy Forum & Exhibition (GEFE) 2022 in HCMC from November 28 to 30.

Vietnamese businesses adopt ESG standards

ESG (E-Environmental; S-Social; G-Governance) standards remain unfamiliar to many Vietnamese businesses.

European investors eye greener incentives

European enterprises are focusing more and more on green investments to tap into fresh opportunities from Vietnam’s actions to achieve net zero by 2050, but they need legal improvements and incentives to facilitate their plans.

Eco-industrial parks to become inevitable trend

Vietnam will continue to encourage investors to both develop eco-IPs and transition from traditional to ecological ones, which is set to contribute to the national target of reducing greenhouse gas emissions.

Aviation ground services to go-green to meet compliance

The Civil Aviation Authority of Vietnam (CAAV) is collecting comments on a draft circular stipulating that all businesses in the sector must have a plan to convert ground vehicles from fossil fuels to electric.

Low-carbon rice production helps Vietnam meet emission target

Rice, which is Vietnam’s most important crop and grown on more than half of its agricultural land area, accounts for 48 per cent of the agriculture sector’s GHG emissions and over 75 per cent of methane emissions.