Green growth - A new approach in economic growth: Planning minister
Green growth has become an inexorable trend and a goal that all countries are aiming for, Minister of Planning and Investment Nguyen Chi Dung told a consultation conference on compiling a national strategy on green growth in the 2021-2030 period, with vision to 2045 towards 2050, held in Hanoi on March 29.
Minister of Planning and Investment Nguyen Chi Dung (Photo: VNA)
Hanoi (VNA) - Green growth has become an inexorable trend and a goalthat all countries are aiming for, Minister of Planning and Investment NguyenChi Dung told a consultation conference on compiling a national strategy ongreen growth in the 2021-2030 period, with vision to 2045 towards 2050, held inHanoi on March 29.
Choosing green growth is considered a newapproach in economic growth to achieve comprehensive prosperity, especially incountries seriously affected by climate change, Dung said, adding that greengrowth contributes to reforming the growth model, strengthening the economy’s resilienceand reducing humanity’s vulnerability to external shocks.
Vietnam is among the countries most severelyaffected by climate change, natural disasters, and diseases. It is stepping upthe transformation of the growth model in an intensive and effective manner andspeeding up post-pandemic recovery.
Therefore, the development of the nationalstrategy on green growth in conformity with the new context is a goal andpriority to achieve economic prosperity, Dung affirmed.
Le Viet Anh, head of the Ministry of Planningand Investment’s Department of Science, Education, Natural Resources andEnvironment, said that the strategy demonstrates Vietnam’s responsibility,sharing, and cohesion in realizing international commitments and serves as abasis for balancing domestic resources, mobilizing international resourceseffectively, and harmonising the socio-economic development roadmap withemission reduction goals, thus helping to increase the efficiency of publicinvestment allocation and monitor and evaluate the implementation of climatechange and green growth projects in the medium and long terms.
At the conference, representatives fromministries, sectors, and the embassies of the Republic of Korea, the Netherlands,and the UK in Vietnam, and international organisations and development partnerssuch as the World Bank, the Asian Development Bank, and the UN DevelopmentProgramme contributed ideas to the strategy and agreed with its new features.
They committed to supporting and standing side-by-sidewith Vietnam during implementation.
The draft strategy is expected to be submittedto the Prime Minister in June./.
The chemical industry in Vietnam has been facing a number of environmental and social challenges, which require new pathways in development, production, and consumption to ensure sustainable development.
Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Natural Resources and Environment to formulate a set of green growth criteria for Vietnam to better harmonise economic growth with environmental protection.
Building and implementing a national strategy on green growth for 2021-2030 is necessary to deal with limitations and shortcomings during the 2012-2020 period, and get updated on the domestic and global situation, an official has said.
Vietnam and ASEAN countries need to adopt green manufacturing technologies to make sustainable new products and services, heard a recent international conference in southern Binh Duong province.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Minister of Planning and Investment Nguyen Chi Dung (Photo: VNA) 
