VET Exclusive
Banking sector’s commitment to green growth
The State Bank of Vietnam has introduced an action plan to ensure sustainability within the country’s financial system.
Business
Hydrogène de France and Southern Power Corporation signed MoU on renewable energy cooperation
The partnership aims to establish a scalable and replicable model for non-intermittent renewable energy, which will be able to develop in off-grid areas, including offshore islands.
Society
HCMC eyes electric shift for 400,000 ride-hailing motorbikes
If approved and implemented effectively, this policy could see at least 80% of gasoline-powered ride-hailing motorbikes replaced with electric ones within the next two years.
The national forestry planning for 2021-2030 period, with a vision to 2050, approved
Under the plan, wood exports expected to reach $20 bln by 2025
Nearly $152 bln needed for rail projects by 2030
The Ministry of Transport prioritizing railway development as part of its green transition roadmap..
EuroCham recommends Vietnam develop legal framework for green transition
The recommendations were made at a national forum held by VCCI on August 21
Central Ha Tinh province plans to grow 8,000 ha of forest annually
Forest coverage expected to reach 52% of the province 's natural area by 2030.
Additional 254 establishments need greenhouse gas inventory this year
The greenhouse gas inventory requirement is part of the Government green transition strategy in 2021-2030 period.
Deputy PM encourages Samsung Vietnam to continue investment in R&D centers
Samsung Vietnam currently owns six production facilities and a R&D center with total investment of $22.8 billion.