Illustrative image (Source: internet) Hanoi (VNA) - A workshop on the role of intellectual property (IP) in promoting socio-economic development was jointly held by the Ministry of Science and Technology and the World Intellectual Property Organization (WIPO) in Hanoi on May 9. The event aims to bring intellectual property-related issues into policies and activities of sectors and socio-economic fields. Participants highlighted the role played by IP in the development of industry, agriculture, culture, health, and education sectors. They agreed that IP contributes to building orientations, targets, missions and measures, thus serving as a tool for realising development objectives of sectors, localities and the nation. The workshop discussed ways to bring contents concerning IP into socio-economic development polices amid the 4th industrial revolution, towards determining the role of ministries and sectors in integrating and developing IP issues in sectoral development policies, … [Read more...] about Workshop spotlights IP role in socio-economic development
Role agriculture in economic development
Mekong Delta aims for high-quality agriculture in 2019
Localities in the Mekong Delta have set ambitious targets this year with a focus on high-quality agriculture combined with eco-tourism, services and industry. Last year, though the Delta faced unseasonable weather, flooding and a decline in agricultural product prices, the localities achieved positive socio-economic targets. Located in a key economic region, with advantages in tourism, aquaculture and rice production, Kien Giang Province, for instance, achieved an economic growth rate of 7.5 per cent last year. The province’s total Gross Regional Domestic Product (GRDP) reached more than VND62.3 trillion (US$2.68 billion), and budget revenue collection VND9.95 trillion, 7.7 per cent higher than estimated. Pham Vu Hong, chairman of the Kien Giang People’s Committee, said in 2018 the province created 213 large-scale fields to help farmers apply technology to rice production. The province produced more than 4.2 million tonnes of rice in 2018. At least 76 per cent of high … [Read more...] about Mekong Delta aims for high-quality agriculture in 2019
Forestry contributions to economic development analysed
Illustrative image (Source: VNA) Hanoi (VNA) – The forestry sector is playing an increasingly important role in Vietnam’s economy, according to a forestry expert. Do Anh Tuan, head of the Institute of Policy and Strategy for Agriculture and Rural Development, made the statement at a conference in Hanoi on December 18 to analyse the contributions of the forestry sector to growth through the application of input-output charts and the implementation of efforts to reduce emissions from deforestation and forest degradation (REDD+). He noted the sector’s contributions to the economy’s added value rose from only 0.5 percent in 2008-2013 to 2.3 percent in 2013-2018. The event, part of an Australian-funded project on forest planting policies to balance the demands of small-scale forest owners, wood processing industry and environment in Laos and Vietnam, aimed to seek policy recommendations to encourage planters to switch to a larger scale. Tuan … [Read more...] about Forestry contributions to economic development analysed
ASEAN ministers to adopt 23 action plans for agriculture and forestry development
Vietnamese Deputy Prime Minister Trinh Dinh Dung Addressing the meeting in Hanoi, Vietnamese Deputy Prime Minister Trinh Dinh Dung said that the agriculture and forestry industries have been contributing factors to the strong development of ASEAN nations in recent years. The agriculture sector in particular has played a core role in the economic, social and political stability of each member country and their partners throughout the region. Indeed, for most ASEAN countries agriculture is both a reliable and consistent industry that helps ensure food security and sustainable development. Agriculture and forestry can be considered platforms for the economies of ASEAN nations and cooperation in these fields has always been a key content of the ASEAN Economic Community. However, the Deputy PM went on to add that agriculture is a vulnerable sector facing numerous risks. The agriculture sectors of Vietnam and of other regional countries are confronting fierce competition with … [Read more...] about ASEAN ministers to adopt 23 action plans for agriculture and forestry development
PM highlights Japanese ODA’s role in socio-economic development
Prime Minister Nguyen Xuan Phuc (right) and Shinichi Kitaoka, President of the Japan International Cooperation Agency (JICA). (Photo: VNA) Hanoi (VNA) – Japan’s official development assistance (ODA) has significantly contributed to Vietnam’s socio-economic development over the past years, especially in infrastructure development, Prime Minister Nguyen Xuan Phuc said on September 14. At a Hanoi reception for Shinichi Kitaoka, President of the Japan International Cooperation Agency (JICA), the PM said as the agency in charge of coordinating Japan’s ODA to Vietnam, JICA has made remarkable contributions to cooperation between the two countries. Vietnam has used the capital for right purposes and manage it effectively, he said, adding that the quality of ODA projects has also been ensured. He called on Japan to continue its ODA supply for Vietnam, focusing on high-quality infrastructure, personnel training, climate change response, administrative … [Read more...] about PM highlights Japanese ODA’s role in socio-economic development