Canada supports Vietnamese SMEs to reduce emissions
Canadian Foreign Minister Stephane Dion has announced that his country will provide 15 million CAD to help SMEs in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.
Hanoi (VNA) - Canadian Foreign Minister Stephane Dion has announced that his country will provide 15 million CAD (11.6 million USD) to help ꩵsmall- and medium-sized enterprises (SMEs) in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.
At a working session with Minister of Natural Resources and Environment Tran Hong Ha in Hanoi on September 5, Minister Stephane Dion expressed his hope that Canada can support Vietnam in tackling the impacts of climate change.
He wanted the exchange of information relating to Canada’s new policies and priorities and Vietnam’s climate change, environment protection, water resource management, including the ratification and implementation of the Paris Agreement on climate change and the plan to use green energy and technology.
Minister Ha spoke highly of Canada’s support for Vietnam and its active contribution to international negotiations.
Ha suggested Canada continue participating in the Climate Change Response Support Programme in Vietnam in 2016-2020; aid Vietnam in implementing the Intended Nationally Determined Contribution (INDC) and the Paris agreement with priority given to gas emission reduction and waste management; and share its experience in managing and responding to environmental incidents.
Canada will provide assistance for the Ministry of Natural Resources and Environment in building human resource capacity and developing a legal framework on natural resources management, climate change, and green economic development.
The two sides will work on a cooperative programme in support of SMEs in actualising the action plan on emission reduction.
The Ministry of Natural Resources and Environment and the Canadian Ministry of Environment and Climate Change will sign a memorandum of understanding to realize their cooperation intensions.-VNA
Vietnam should place importance on the panorama of investment in climate change in the country while building a plan on the implementation of the Paris Agreement on Climate Change.
Vietnam need to carry out many solutions to supply enough energy for social-economic development as well as pursue a sustainable development in the long term, according to experts.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Illustrative photo (Source: VNA)
