Natural disasters and environmental pollution can reduce GDP by 0.6 per cent per year from 2016-20, according to the National Centre for Socio-economic Information and Forecast (NCIF) under the Ministry of Planning and Investment.
Vice President Dang Thi Ngoc Thinh has called on the international community to continue supporting Vietnam in effectively implementing the National Strategy on Climate Change Adaptation.
US giants such as Microsoft and General Electric established their presence in Vietnam more than two decades ago, while other equally big names like Intel and Harbinger Capital Partners made their forays into the country more recently. Investment from the world’s most powerful players and US billionaires are not only aiding US-Vietnam relations but also helping to turn Vietnam’s “green industry” dream into a reality. Hoang Mai writes.
Inflation in 2015 could be as low as 4 per cent and with falling interest rates the future looks relatively bright for the attraction of investment to Vietnam, yet there is one part of the economic jigsaw that has so far seen a puzzling lack of investment and is looking increasingly unsustainable – the electricity supply.
Vietnam’s surging demand for power is expected to cause severe power shortages over the coming years. However, low rates of feed-in tariffs for renewable energy are making it difficult to attract power investors. Thanh Tung reports
Vietnam is boosting its economic restructuring in a manner facilitating sustainable development, and is entering a new socio-economic development stage for 2016-2020 which will focus on scientific and technological development and the attraction of hi-tech projects. The National Assembly’s Committee for Science, Technology and Environment Deputy Chairman Vo Tuan Nhan shared his views on Vietnam’s future path with Thanh Tung.
Denmark Ambassador to Vietnam John Nielsen gives an account of the Danish success story and his country’s current strategic focus of assisting Vietnam down the path of sustainable development.
Mori Mutsuya, chief representative of the Japan International Cooperation Agency (JICA) Vietnam gives his assessment of the efficiency of Japanese assistance in Vietnam’s environmental protection, as well as the opportunities to deepen business relations in this field. Bich Ngoc reports.
Minor changes in construction protocols can bring about great differences in terms of a building’s efficiency. However, recognizing the right changes is not always simple when resource-efficient housing and commercial buildings are still not widely visible in emerging markets.
Another three projects by Vietnamese developers were awarded the “Excellence in Design for Greater Efficiency” certification in a ceremony in Ho Chi Minh City last week, raising the total number of EDGE-certified buildings in Vietnam to five.