Vietnam improving legal framework to attract green finance, green technology
Vietnam is actively implementing a roadmap for an improved legal framework for better attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.
Deputy Prime Minister Tran Hong Ha joins a dialogue with representatives from coroporations and investment funds within the framework of the 53rd World Economic Forum in Davos. (Photo: VNA)
Geneva (VNA)⛄ – Vietnam is actively implementing a roadmap for an improved legal framework forbetter attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.
He made the statement on January 16 while attending a dialogue ongreen finance and sustainable development within the framework of the 53rd World Economic Forum (WEF) Annual Meeting 2023in Davos, Switzerland.
𒁏 Speaking atthe event, Ha emphasised that considering the green economy and greentransformation an important growth engine in the long term, Vietnam is facilitating green transition, energy transition and transition to acircular and low-carbon economy.
In addition,in the context of digital transformation in all fields and at all levels in thecountry, Vietnam requires cooperation in digital transformation andexploitation of digital resources.
Ha called oncorporations to step up investment, support Vietnam in green growth, and wellimplement international commitments to sustainable development and climatechange, including those deliverd at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow.
Leaders ofcorporations expressed their impressions at Vietnam's GDP growth, congratulated the country on its economic development achievements and appreciated its economic prospects.
Investors also applaued Vietnam's commitment to carbon neutralityat the COP26 aswell as the negotiation process to establish a Just Energy TransitionPartnership. | 🌺 On that basis,international corporations and investment funds expressed their wish to accompany theVietnamese Government, actively seek investment opportunities and implementgreen projects in Vietnam in the future./.
The Ministry of Natural Resources and Environment (MONRE) and the Bank for Investment and Development of Vietnam (BIDV) have inked a memorandum of understanding (MoU) to promote sustainable green finance development, environment protection and climate change response.
Prime Minister Pham Minh Chinh met Prof. Klaus Schwab, founder and Executive Chairman of the World Economic Forum (WEF), on the occasion of their attendance at the 40th, 41st ASEAN Summits and related meetings in Phnom Penh, Cambodia on November 11.
An international conference was held in Hanoi on November 25 to seek the enhancement of cooperation with global investment institutions to mobilise green finance for State-owned enterprise (SoE) restructuring and sustainable development.
The World Economic Forum (WEF) Annual Meeting 2023 will be a chance for Vietnam to share with the international community its vision on common efforts in settling emerging global challenges, as well as Vietnam's policies and experience in international integration and socio-economic development, Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the United Nations (UN), WTO and other international organisations in Geneva, told Vietnam News Agency on the threshold of the forum.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
The Deposit Return System is seen as a potential instrument for effectively advancing Vietnam’s vision of a circular economy, as outlined in Article 142 of the 2020 Law on Environmental Protection.
The figures were highlighted in a Pre-Feasibility Study on a DRS tailored for single-use beverage packaging in Vietnam, conducted by Eunomia Research & Consulting.
Young people should not view AI as salvation but rather as a tool under human control. Young creators should focus on learning and accumulating practical knowledge, using AI as a tool to carry out artistic projects in the most effective and cost-efficient manner.
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
The fight against plastic pollution could not succeed through isolated efforts, but it must be a collective endeavour involving the entire political system, businesses, citizens, and the international community, said Minister of Agriculture and Environment Do Duc Duy.
Lang Son Global Geopark, with its outstanding geological values, cultural heritage, and unique natural landscapes, represents a valuable addition to UNESCO’s global geoparks system.
In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
This year’s World Oceans Day on June 8 is themed 'Wonderful Oceans: Sustaining What Sustains Us', while World Environment Day is on June 5 with the theme: 'Beat Plastic Pollution'.
According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.
Deputy Prime Minister Tran Hong Ha joins a dialogue with representatives from coroporations and investment funds within the framework of the 53rd World Economic Forum in Davos. (Photo: VNA) 
