Green growth is important for Vietnam's economy despite difficulties with institutional reform and limited resources, said Deputy Prime Minister Hoang Trung Hai.
Wind turbines in coastal central Binh Thuan province's Tuy Phong district (Source: VNA)
Green growth is important for Vietnam's economy despite difficulties with institutional reform and limited resources, said Deputy Prime Minister Hoang Trung Hai.
Hai called on ministries, sectors, agencies, organisations and individuals to make green projects more attractive at a workshop held in Hanoi on September 15.
The national strategy on green growth until 2050, which identifies three key tasks – reducing greenhouse gas emission, promoting clean and renewable energy and practicing environmentally-friendly production, lifestyles and consumption was approved in 2012 by Prime Minister Nguyen Tan Dung.
"Policies and actions are needed to implement these strategies, communications and education to raise awareness of the importance of green growth," Hai said.
Legal framework and policies for green growth must be in line with the country's economic restructuring, Hai said, adding that institutional reform must include support policies to encourage innovative technology.
According to the ministry of planning and investment, in the last three years 16 provinces and cities launched green growth action plans. Enterprises started restructuring, innovating technology and eyeing green projects or large scale organic agriculture projects.
Pham Hoang Mai, director of the department of science, education, natural resources and environment said that Vietnam needs around 30 billion USD to carry out the national strategy for green growth by 2020, with 70 percent of this figure needed from non-government resources.
Nearly 200 workshop participants discussed issues including the relationship between economic development and the environment, sustainable growth policies; measures to implement the strategy on green growth and green production models.
According to reports Vietnam's major environmental problems include 7.5 million ha of land affected by desertification, 30,000ha of land affected by salinity, and 300,000ha of land suffering from severe drought each year, among others.
A quarter of economic zones and export processing zones nationwide don't have concentrated waste water treatment systems. Solid waste in almost 60 percent of communes in rural areas is dumped instead of being systematically collected and treated.
Pollution sources are increasing in terms of number, scale and negative impacts on the environment.
The reports presented at the workshop also urged for improved legal framework and policies to make foundations for addressing environmental problems.
Nhan dan newspaper editor-in-chief Thuan Huu said good communication can pave the way for the success of the green growth strategy.
It was necessary to introduce and promote good models of green production as a way to improve public awareness on green growth.
He said that enterprises were becoming more interested in greener and cleaner production and taking social responsibility.-VNA
Vietnam could draw further foreign investment through developing clean energy resources, experts commented at a recent meeting on the EU-Vietnam free trade agreement.
The free trade agreement being negotiated between Vietnam and the EU is expected to encourage businesses to reform and update technology, an important factor in promoting green growth in the country, according to the deputy chairman of the HCM City People's Committee.
Tat Thanh Cang, speaking at a briefing organised by EuroCham and its Green Growth Sector on June 18 in HCM City, said that Vietnam should target green growth to ensure sustainable development.
Vietnamese experts thanked their partners from the Republic of Korea (RoK) for their support of Vietnam's Green Growth Strategy (VGGS) implementation, which was under review at a conference in Hanoi.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Wind turbines in coastal central Binh Thuan province's Tuy Phong district (Source: VNA)
