Category: News

-The remittances sent home by overseas Vietnamese in 2021 stood at 12.5 billion USD, up 10% compared to 2020, according to the State Bank’s latest data.

Ho Chi Minh City attracted more than 6.5 billion USD worth of remittances in 2021.

It is estimated that annually the amount of remittances channeled into production and businesses accounts for nearly 30% of the total and about 25% of total remittances are poured into the real estate.

Experts say remittances have contributed to an increase in the domestic foreign currency source. This means that the supply and demand for foreign currencies in the market will be relatively balanced and help the USD/VND exchange rate maintain stability.

 

Source: VOV5

 

-Vietnam plans to set up and pilot the operation of a carbon trade exchange from 2025, according to a new Government decree on greenhouse gas (GHG) emissions and Ozone layer protection.

The document stipulates several articles of the Law on Environmental Protection, and maps out a roadmap to the domestic carbon market foundation and development.
From now until the end of 2027, the country will put forward regulations on the management of carbon credits, the exchange of GHG emission quotas and carbon credits, and the operation of a carbon credit exchange.
It will also carry out a pilot mechanism for exchanging and balancing carbon credits in potential areas, guide the implementation of the domestic and international carbon credit exchange and balance mechanisms in accordance with laws and international conventions to which Vietnam is a signatory.
The carbon trade exchange is expected to be put into official operation in 2028.
A carbon credit is a kind of permit that represents one ton of carbon dioxide removed from the atmosphere.

 

Source: VOV5

 

Officials of the Mekong Delta city of Can Tho on Tuesday worked with representatives of the Dutch Embassy in Vietnam and Clear Rivers on implementing a pilot project to collect plastic waste in Hau river.

 

Ramon Knoester, Founding Director of Clear Rivers, said the waste collection model on the Hau River includes a Litter Trap machine that operates automatically without consuming fuel to collect plastic waste floating on the river into a bag.

Litter Trap is 5.6m long, 2.3m wide and 2.4m high, of which 1.5m is submerged in water. Clear Rivers staff will clean the traps twice a week, resulting in an estimated eight blocks of plastic waste. This amount of plastic waste will be reused sustainably in the circular economy model. In addition, the project also connects with educational institutions like Can Tho University in designing lectures and participating in communications, raising community awareness about plastic waste reduction.

Deputy Head of Mission at the Dutch Embassy in Vietnam Christoph Prommersberger said that the Netherlands has many businesses with strengths and experiences in the field of collection and treatment of floating waste in rivers and seas. He said the Netherlands hopes that through these projects, it will join hands with Vietnam to reduce environmental pollution caused by plastic waste.

 

Source: VOV5

-100% of agricultural administrative procedures will be linked to the National Single Window system in the first quarter of 2022, said the Ministry of Agriculture and Rural Development on Tuesday. 

At Tuesday’s conference on implementing the administrative reform plan in 2022, Nguyen Xuan An, Deputy Director of the Organization and Personnel Department at the Ministry of Agriculture and Rural Development, said that to carry out the national and ASEAN single-window mechanisms, the Ministry has connected 29 of the 33 administrative procedures at its subordinate units and granted digital licenses to over 1.4 million dossiers via the National Single Window.

Currently, the Ministry has over 400 documents and nine specialized laws, which have initially been compatible with free trade agreement commitments and ensure the rights and interests of individuals, organizations and sector managers.

The Ministry said that this year it will handle administrative procedures online to enhance transparency and save time and costs and overhaul the institutional system on agriculture and rural development.

 

Source: VOV5

 

-The 31st Southeast Asian Games and the 11th ASEAN Para Games have launched their official slogan as “For a Stronger South East Asia”. 

According to the Vietnam Sports Administration, the slogan is expected to send to governments and people in the region a strong message of solidarity to build a powerful ASEAN Community and further promote its role in the international arena.

Earlier, the regional sport events’ official logo and mascot have been introduced, with the logo symbolising a flying bird and a V-shaped hand and the mascot based on the saola – a rare animal listed in Vietnam’s Red Book of Endangered Species.

The national steering committee for the organisation of SEA Games  agreed at the latest meeting to set the date for the regional sport event on May 12-23, 2022.

The games have been postponed due to complicated developments of the COVID-19 pandemic. They were originally scheduled to take place from November 21 to December 2 last year.

Vietnam, which hosts SEA Games for the second time after 18 years, will hold 40 sports covering 526 events and welcome about 10,000 athletes.

The capital city of Hanoi will be the main venue for the tournament alongside other localities such as Quang Ninh, Phu Tho and Bac Ninh.

 

Source: VOV5

 

– Phu Yen Federation of Labour has raised 24,000 USD for a program called “Tet reunion-Peaceful spring”, which will give gifts to 640 employees who have suffered from occupational accidents and serious diseases and those who will have to work on the lunar New Year’s Eve 2022.

Attending the meeting to announce the program, Chief Justice of the Supreme People’s Court Nguyen Hoa Binh suggested that the Vietnam Fatherland Front, the Vietnam General Confederation of Labor, and local authorities mobilize resources to care for workers and poor people not only during Tet but regularly.

The spirit of “Tet reunion-Peaceful spring” should be widely spread in the community, he said and urged people to adapt safely to the COVID-19 pandemic.

 

 

Source: VOV5

– The central province of Quang Binh has agreed to offer discounts of between 20% and 50% on sightseeing fares to a number of tourist attractions throughout the region, according to local authorities.

The move will see the locality reduce ticket prices to several popular tourist attractions by 20% from January 1 to March 31 and from October 1 to December 31. This includes offers to visit sites such as Phong Nha-Tien Son, Mooc stream eco-tourism site, Thien Duong Cave, the Chay River – Dark Cave tourist site, and other eco-tourism areas.

Furthermore, some tours to Phong Nha, En, Son Doong caves, and other places will also be halved in order to attract more tourists to the locality from now until the end of 2022.

Most notably, the local tourism industry witnessed several positive signs at the start of the year as roughly 3,500 local and foreign visitors arrived in the locality during the three-day New Year holiday.

In January alone Quang Binh is expected to offer a range of tourism promotion activities with BBC’s programme running to promote Vietnamese tourism being filmed at Phong Nha – Ke Bang cave.

Dang Dong Ha, deputy director of the provincial Department of Tourism, said that the reduction of entry fees is aimed at stimulating tourism demand and removing hurdles faced by local businesses, as well as recovering the tourism industry.

Quang Binh will continue to develop new tourism products, devise plans on how to attract more tourists, Ha said, adding that the locality will receive about two million visitors at the first quarter of the year and during the peak season in June.

According to him, this year, the local tourism sector is anticipated to welcome 10,000 international visitors.

 

 

Source: VOV5