Sustainability

According to a report from the Air Defence - Air Force, 162,567 cu.m of dioxin contaminated sludge and soil were cleaned, returning about 29 hectares of area for social-economic activities. Dioxin exposure risk for human and environment was minimised. The success of the project helped erase Da Nang airport, which is a former US air base, out of the dioxin hot spot list. Work safety was ensured throughout the implementation of the project and no incident was recorded. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 12

 In spite of periods of colonial control, all the destruction of the many wars, all levels of foreign interference, with its trade, policies and regime Vietnam has sustainably placed its people at the centre of its policies; the economy has been growing at an annual average rate of 6.4 percent between 1986 and 2018. Vietnam’s life expectancy surged from 66 in 1978 to 76 in 2018, while child mortality dipped over the same period from 48 per 1000 live births to just 16. Through an almost stubborn focus on social welfare, poverty was reduced from over 75 percent  to below 10 percent over this period. A foreign investment law followed in 1987 with foreign direct investment (FDI) growing steadily from 320 million USD in 1990 to 130 billion USD in 2018. At the same time, GDP per capita has leapt 25 times from under 100 USD in the 30 years since 1989, in the process reducing poverty from 58 percent in 1993 to under 5 percent. Vietnam’s trade to GDP ratio is at 200 … [Read more...] about Vietnam on focus of African friends and partners

Under a master plan submitted by the city administration to the Ministry of Construction for appraisal, the city aims to have total urban construction land of 32,227 hectares for 1.56 million residents by 2030, in which 9.6 square meters per person will be reserved for planting trees. … [Read more...] about Greed beats green as Da Nang falls short of tree cover