Việt Nam aims to complete provincial forest boundary databases and maps befor the end of this year in a move critical to helpin the timber industry adapt with the European Union’s anti-deforestation rules and maintain exports.
In the context of a global economy shifting strongly towards greening, digitalisation, and low emissions, Viet Nam has many new development opportunities but also faces numerous challenges. This requires appropriate mechanisms and policies to enhance adaptability and reduce pressure from climate change and environmental pollution in socio-economic development.
Mr. Akihiro Ondo, Managing Director and Chief Executive Officer of Mitsubishi Power Asia Pacific, tells VET about the opportunities for developing renewable energy in Vietnam.
“We’ve been relying on old methods for too long, and as long as we continue like this, the outcomes will remain the same. There is no progress. We need to change our approach to managing…
While investing in sustainable factories requires significant capital, it is considered an irreversible journey that promises long-term benefits for both the economy and the environment.
In recent years, financial institutions have pivoted from solely emphasising green finance to investing in businesses that both adapt to and mitigate climate risk impacts.
Vietnam will need about 400 billion USD between now and 2040 to respond to climate change, according to the Climate Change Department under the Ministry of Natural Resources and Environment.

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