New green growth strategy to promote carbon-neutral economy
The Ministry of Planning and Investment is working with relevant ministries, sectors, and localities to draft a national strategy on green growth for 2021-2030 and vision to 2050.
Hanoi (VNA) - The Ministry of Planning and Investment is working with relevant ministries, sectors, and localities to draft a national strategy on green growth for 2021-2030 and vision to 2050.
Part of making Vietnam a carbon-neutral economy as soon as possible, the draft strategy sets targets on reducing greenhouse gas emissions, greening all economic sectors, promoting sustainable consumption, and enhancing resilience during the green transition process, among other matters.
Science and technology, digital transformation, innovation, culture, healthcare, education, and equality in access to opportunities and benefits from growth achievements will be promoted to ensure the dual tasks of achieving green and inclusive growth and building a Vietnamese society in which no one is left behind.
Targets, missions, and measures in the new strategy will be based on a wide range of quantitative methods, econometric models, cost-benefit analysis, and the impact on socio-economic development.
The strategy updates new factors of influence to the green growth and ensures synchronicity with the 2030 Sustainable Development Goals and the Paris Agreement on greenhouse gas emission reductions.
The strategy will be adjusted to limit any overlaps and create favourable conditions for implementation, monitoring, and evaluation.
According to the ministry, the national strategy on green growth during 2011-2020 and vision to 2050 was approved by the Prime Minister on September 29, 2012. After eight years of implementation, it helped raise public awareness about the significance of green growth. Measures to cut greenhouse gas emissions were carried out widely, resulting in such emissions falling 12.9 percent compared to the normal development scenario.
ꦛ Energy consumption per unit of GDP declined by an average of 1.8 percent each year, while 46.9 percent of businesses targeted cleaner production by 2020 compared to 28 percent ten years earlier. In particular, outstanding loans funding green growth stood at nearly 238 trillion VND (10.36 billion USD) by 2018, or 235 percent higher than the figure in 2015./.
A seminar was held in Hanoi on December 15 to discuss a research on incorporating goals of the national action plan implementing the 2030 Agenda for Sustainable Development and national strategy on green growth into socio-economic development plans of centrally-run cities and provinces.
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.
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.
Floodwater levels in the Cuu Long (Mekong) Delta are high and will continue to rise this month, especially in upstream areas, according to the hydraulic works management and construction department of the Ministry of Agriculture and Environment.
Conservation efforts to restore habitat and boost the population of red-crowned cranes in Tram Chim National Park are finally showing progress, with the cranes and many other rare wild birds coming back to the park.
Torrential rains from the night of July 31 to early August 1 triggered flash floods and landslides across several communes in Dien Bien province, leaving at least two people dead and eight others missing.
Transitioning to a circular economy not only offers a sustainable development path for Ho Chi Minh City but also serves as a pivotal step toward establishing a fully green economy.
An exhibition featuring 100 green, recycled, and circular economy models and products from 50 businesses and educational establishments took place in Ho Chi Minh City on July 31, as part of the local green transition forum and recycle day 2025.
Regional solidarity and cooperation are the key factor for the effective implementation of wildlife protection regulations. Only through sustainable cooperation, innovative approaches, and collective action can biodiversity be safeguarded for the present and future generations, an Vietnamese official has said.
Hanoi has approved a comprehensive plan to restore the environmental quality and develop four major urban rivers – the To Lich, Kim Nguu, Lu, and Set reverine environments.
The Javan pangolin is listed in Vietnam’s Red Book as critically endangered and is protected under Group IB – a category reserved for forest species facing an extremely high risk of extinction and requiring strict conservation measures.
As a key member of the core group of 18 countries, initiated by Vanuatu, Vietnam engaged in advocating for the UN General Assembly’s Resolution N.77/276, requesting for the ICJ’s advisory opinion. Following the resolution's adoption, Vietnam fully participated in all procedural steps for the first time, from submitting written proposals to presenting directly at the court’s hearings.
The wild elephant population in Da Nang includes a full developed herb of mature males, females, and calves. To date, the herd has grown to nine individuals.
Conservation efforts here have become a model, helping to save millions of turtle hatchlings and promoting Con Dao as a member of the Indian Ocean-Southeast Asia Turtle Site Network.
As part of its drive to fulfil its net zero emissions commitment by 2050, Vietnam is fast-tracking the development of a legal corridor to launch a pilot carbon market by the end of 2025, according to the Department of Climate Change.
Under the plan, from 2025 to 2026, the city will complete mechanisms and policies to support businesses in switching to green vehicles, expand the electric and green-energy bus network, and build charging stations. The targeted proportion of green buses is set at 10% in 2025 and 20–23% in 2026.
Storm Comay, the fourth in the East Sea this year, was at around 16.7 degrees North and 118.3 degrees East, in the east of the East Sea's northern waters as of 4am on July 24.
The disaster risk warning level for flash floods, landslides, and ground subsidence due to heavy rains and flows is rated at level 1, except in Nghe An, where it is raised to level 2.
Illustrative photo (Source: VNA) 
