The CAD-funded BLOOM project will restore 10,000 hectares of forest ecosystems and advance economic opportunities for ethnic minority women across buffer zone communities in the northern mountainous province of Tuyen Quang through 2030.
Facing climate change, resource depletion, and increasingly stringent international green standards, the northern province is accelerating its transition from traditional agricultural production to a market-driven agricultural economy focused on green, circular, and low-emission models.
Stakeholders tell Vietnam Economic Times / VnEconomy about support available to Vietnam and its businesses and the latter’s responsibilities as the introduction of the country’s carbon market becomes closer.
Key sectors identified for investment include steel manufacturing, electric vehicles, high-tech industries, green technology, science and technology, and innovation.
During their talks on May 2, the two PMs agreed on measures to raise Japanese investment in Vietnam to $5 billion per year and bring the bilateral trade turnover to $60 billion by 2030.