The Tan Cang Cat Lai Port. The port is the first in Viet Nam to be recognised as a green port by the APEC Port Services Network. — Photo vneconomy.vn The Viet Nam Maritime Administration is gathering comments on a proposed set of criteria for recognising green ports. The criteria are expected to push port-managing firms to embrace green development, improving their competitiveness and ensuring sustainability. A green assessment will be carried out every three years. The first criterion is that the firms strictly comply with environmental regulations specified in Viet Nam's legal documents and international agreements of which Viet Nam is a member. Additionally, the firms must closely monitor their port construction and operation and make frequent reports on their environmental impacts. The second criterion comprises three sub-criteria with specific max points assigned to each. Under the Commitment sub-criterion, port-managing firms get 0.75 points once they have a … [Read more...] about Vietnam Maritime Administration formulates green ports criteria
Breakthroughs nuclear innovation in a clean energy system
Strategic framework for sustainable development between UN and Vietnam
The Strategic Framework for Sustainable Development Cooperation 2022-2026 (CF) guides and steers the government of Vietnam and the UN in Vietnam’s collaboration on accelerating progress to achieve its Sustainable Development Goals. It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony on August 11, MPI Minister Nguyen Chi Dung emphasised that the CF will be implemented at a time when Vietnam has been synchronously implementing solutions to strengthen economic recovery after the pandemic, respond to climate change, and transition to a green, circular economy. "The government has been working to improve institutions and policies in order to mobilise resources from all economic sectors to develop the country. Together with other development partners, the UN plays an important role in supporting Vietnam in its development, integration, and strong participation in global development through policy advice, sharing Vietnam’s … [Read more...] about Strategic framework for sustainable development between UN and Vietnam
Hanoi helps firms implement trade deals
Double digit export growth According to the Hanoi People’s Committee, the export turnover of goods in June 2022 reached about US$1.517 billion, up 6.8 percent from May 2022 and 17.5 percent from June 2021. In the first half of this year, the commodity exports turnover reached US$8.3 billion, up 17.1 percent over the first half of 2021. Some key items with increased export turnover in this period included textile and garment, reaching US$1.22 billion, up 29.6 percent; computer components and peripherals, US$1.072 billion, up 20.2 percent. The total import turnover of goods hit US$3.675 billion in June and US$20.5 billion in the first six months of 2022, the latter of which is 24.5 percent higher than the same period in 2021. Among the items of highest value were machinery, equipment and spare parts reaching US$2.996 billion, down 5.6 percent; petroleum US$2.934 billion, 2.8 times higher than the same period in 2021; computers, electronic goods and components at US$1.535 … [Read more...] about Hanoi helps firms implement trade deals