Fia how derivatives markets are helping the world fight climate change

Prime Minister Phạm Minh Chính has a meeting with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (US time). — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chính highlighted Kerry’s heartfelt sentiments towards the country and people of Việt Nam, as well as his responsibility and enduring contributions to Việt Nam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Việt Nam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Việt Nam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and … [Read more...] about US climate envoy Kerry pledges to assist Việt Nam with energy transition, climate change

Prime Minister Pham Minh Chinh speaks at an event on innovation held by Asia Society on May 17 (US time). — Photos baochinhphu.vn Viet Nam expects to have start-up collaboration with the US on issues of global concern like climate change, digital technology and supply chain diversification. Prime Minister Pham Minh Chinh was speaking at a forum on innovation and start-ups held by the Asia Society on May 17 (US time) in the US. He affirmed that Viet Nam identifies science and technology, innovation and entrepreneurship as important driving forces for development in the new period. All three strategic breakthroughs that Viet Nam identified namely institutions, infrastructure and human resources are related to these forces, he added. The Prime Minister expressed his wish that US partners will continue promoting cooperation activities, especially in innovative start-ups. Start-up collaboration should focus on issues of global concern that the two countries are promoting … [Read more...] about Viet Nam to work with the US to develop start-ups on climate change, digital transformation

AFD Executive Director Philippe Orliange (left) has recently paid a working visit to Vietnam. (Photo: VNA) Hanoi (VNA) – Responding to climate change, reducing greenhouse gas emissions and adapting to climate change impacts are among priorities of the French Development Agency (AFD)’s cooperation priorities in Vietnam, AFD Executive Director Philippe Orliange has affirmed. Such cooperation priorities completely match commitments made by Vietnamese Prime Minister Pham Minh Chinh at the 26th United Nations Climate Change Conference of the Parties ( COP26 ) in Glasgow, Scotland (the UK), last November, Orliange said in an interview with the press. The AFD Executive Director, who has recently paid a working visit to Vietnam, also lauded the Vietnamese government’s strong commitments at COP26. Under the cooperation strategy, the AFD has promoted in-depth discussions with Vietnam’s government agencies on policies regarding climate change impacts, during which … [Read more...] about Climate change response among AFD’s cooperation priorities in Vietnam

Prime Minister Phạm Minh Chính speaks at an event on innovation held by Asia Society on May 17 (US time). Photos baochinhphu.vn HÀ NỘI — Việt Nam expects to have start-up collaboration with the US on issues of global concern like climate change, digital technology and supply chain diversification. Prime Minister Phạm Minh Chính was speaking at a forum on innovation and start-ups held by the Asia Society on May 17 (US time) in the US. He affirmed that Việt Nam identifies science and technology, innovation and entrepreneurship as important driving forces for development in the new period. All three strategic breakthroughs that Việt Nam identified namely institutions, infrastructure and human resources are related to these forces, he added. The Prime Minister expressed his wish that US partners will continue promoting cooperation activities, especially in innovative start-ups. Start-up collaboration should focus on issues of global concern that the two countries are promoting … [Read more...] about Việt Nam to work with the US to develop start-ups on climate change, digital transformation

Prime Minister Pham Minh Chinh (right) and US Special Presidential Envoy for Climate John Kerry . (Photo: VNA) Boston (VNA) – Prime Minister Pham Minh Chinh met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and being a good friend and a reliable … [Read more...] about Prime Minister receives US Special Presidential Envoy for Climate

The partnership with the world’s advanced economies will help Vietnam address financial problems to pursue the low-carbon strategy. Vietnam is seeking a partnership with G7 countries including Canada, France, Germany, Italy, Japan, the UK, and the US, in energy transition amid efforts to achieve net-zero transmissions by 2050. The country has requested the United Nations Development Program (UNDP) to support it in establishing an agreement with the organization of the world’s largest so-called “advanced” economies to seek their financial support. Vietnam's Prime Minister Pham Minh Chinh (L) and UNDP Administrator Achim Steiner in New York on May 16. Photos: VGP Prime Minister Pham Minh Chinh expressed his hope at the meeting with UNDP Administrator Achim Steiner in New York on May 16. Vietnam also needs UNDP assistance in building a strategy to mobilize climate finance from development partners for the low-carbon journey from now until 2050, which is … [Read more...] about Vietnam seeks climate finance from G7

The world's oceans grew to their warmest and most acidic levels on record last year, the World Meteorological Organization (WMO) said on Wednesday, as United Nations officials warned that war in Ukraine threatened global climate commitments. Oceans saw the most striking extremes as the WMO detailed a range of turmoil wrought by climate change in its annual "State of the Global Climate" report. It said melting ice sheets had helped push sea levels to new heights in 2021. "Our climate is changing before our eyes. The heat trapped by human-induced greenhouse gases will warm the planet for many generations to come," said WMO Secretary-General Petteri Taalas in a statement. The report follows the latest U.N. climate assessment, which warned that humanity must drastically cut its greenhouse gas emissions or face increasingly catastrophic changes to the world's climate. Dead fish appear on the beaches of La Manga del Mar Menor, Murcia, Spain, August 21, 2021. Photo: … [Read more...] about World’s oceans at most acidic level in 26,000 years, climate report warns

President of the Ho Chi Minh National Academy of Politics (HCMA) Prof. Dr. Nguyen Xuan Thang meets State Secretary at the German Federal Ministry for Economic Affairs and Climate Action Patrick Graichen. (Photo: VNA) Berlin (VNA) – President of the Ho Chi Minh National Academy of Politics (HCMA) Prof. Dr. Nguyen Xuan Thang has been busy on his visit to Germany from May 14 – 19, with renewable energy and climate action high on his working agenda. Thang co-chaired the seventh theory dialogue between the Communist Party of Vietnam (CPV) and the Social Democratic Party of Germany (SDP), during which the two parties exchanged views on a number of both theoretical and practical matters. Discussions have placed an emphasis on Vietnam’s energy transition strategy to ensure national energy security and fulfil international commitments; developing green agriculture in Vietnam in the era of the Fourth Industrial Revolution; green growth and climate resilient models in some … [Read more...] about Renewable energy, climate action prioritised in Party official’s visit to Germany

Before the morning trading session, investors received positive information from the meeting of the State Securities Commission of Vietnam (SSC) last week. Specifically, at a meeting with 23 securities companies and market members, the SSC asked the stock exchanges to disclose information about the proprietary trading of securities companies. Besides, the SSC also directed the Vietnam Securities Depository (VSD) to adjust the final settlement price of the VN30 index futures contract to be the average price of the last 30 minutes of the expiration date instead of the closing price of the ATC session to avoid the impact on the underlying market. At the same time, the SSC also directed to put forward measures to soon raise Vietnam's stock market from frontier to emerging market as soon as possible. The content of the meeting partly created optimism for investors when the number of selling orders at low prices dropped sharply while the demand was no longer hesitant to be pushed to … [Read more...] about Derivatives continue to distort stock market despite SSC’s intervention

PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-U.S. relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the U.S. in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralization and diversification of relations, and being a good friend and a reliable partner of countries worldwide, and an active, responsible member of the international community, the PM affirmed. During the process, Vietnam always considers the U.S. a leading important partner, and wants to work together with the U.S. to promote the bilateral ties on the basis of respect for each … [Read more...] about Prime Minister receives U.S. Special Presidential Envoy for Climate