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RoK bank finances wastewater disposal project

The Ministry of Finance and the Export-Import Bank of the Republic of Korea (Korea Eximbank) signed a 23.117 million USD loan agreement on July 26 for a project to improve the system of wastewater disposal in the northern province of Hung Yen.
The Ministry of Finance and the Export-Import Bank of the Republicof Korea (Korea Eximbank) signed a 23.117 million USD loan agreementon July 26 for a project to improve the system of wastewater disposal inthe northern province of Hung Yen.

Through the RoK EconomicDevelopment Cooperation Fund (EDCF), the payback period of the OfficialDevelopment Assistance (ODA) loan is 40 years including 10 years ofgrace. The annual interest rate is 0.1 percent.

Theagreement aims to concretise the 1.2 billion USD framework agreement forthe 2012-2015 period inked by the two Governments.

Earlier,the Republic of Korea (RoK) pledged to provide a 1 billion USD loanfor Vietnam to execute projects in the fields of health, water supply,vocational training and transport in the southern coastalcorridor and Thua Thien–Hue General Hospital.

UsingRoK capital, various works have been completed and put into operation toboost the country’s socio-economic development.-VNA

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The Phu Ho agricultural cooperative in Phu Ho commune, Phu Vang district, Hue city mobilises manpower and pumps to drain floodwater and save rice crops for local farmers. (Photo: VNA)

ﷺ PM orders strengthened disaster preparedness ahead of storm season

Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
The research team collects seawater samples in Ha Long Bay and Cua Luc. (Photo: VNA)

ꦦ Vietnam pioneers use of AI and remote sensing to monitor seawater quality

According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
Roads are underwater in Quang Tri province (Photo: VNA)

ꦡ Wutip storm ravages central Vietnam, leaving trail of destruction

Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
Deputy Minister Nguyen Hoang Hiep, attends the Global Platform for Disaster Risk Reduction (GP2025) in Geneva, Switzerland, June 4. (Photo: VNA)

⭕ Vietnam engages in Global Platform for Disaster Risk Reduction

Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
The Ministry of Agriculture and Environment, in collaboration with the People’s Committee of the northern province of Quang Ninh, hold a meeting to mark the World Environment Day on June 1 (Photo: VNA)

ꦿ Vietnam ramps up plastic waste recycling, reuse, treatment efforts

In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
Attendees take part in planting trees at the Cuc Phuong National Park. (Photo: VNA)

☂ Hundreds of trees planted in Cuc Phuong National Park as part of Forestival

Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.
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