Business

Canada supports Vietnamese SMEs to reduce emissions

Canadian Foreign Minister Stephane Dion has announced that his country will provide 15 million CAD to help SMEs in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.
Canada supports Vietnamese SMEs to reduce emissions ảnh 1Illustrative photo (Source: VNA)

Hanoi (VNA) - Canadian Foreign Minister Stephane Dion has announced that his country will provide 15 million CAD (11.6 million USD) to help small- and medium-sized enterprises (SMEs) in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.

At a working session with Minister of Natural Resources and Environment Tran Hong Ha in Hanoi on September 5, Minister Stephane Dion expressed his hope that Canada can support Vietnam in tackling the impacts of climate change.

He wanted the exchange of information relating to Canada’s new policies and priorities and Vietnam’s climate change, environment protection, water resource management, including the ratification and implementation of the Paris Agreement on climate change and the plan to use green energy and technology.

Minister Ha spoke highly of Canada’s support for Vietnam and its active contribution to international negotiations.

Ha suggested Canada continue participating in the Climate Change Response Support Programme in Vietnam in 2016-2020; aid Vietnam in implementing the Intended Nationally Determined Contribution (INDC) and the Paris agreement with priority given to gas emission reduction and waste management; and share its experience in managing and responding to environmental incidents.

Canada will provide assistance for the Ministry of Natural Resources and Environment in building human resource capacity and developing a legal framework on natural resources management, climate change, and green economic development.

The two sides will work on a cooperative programme in support of SMEs in actualising the action plan on emission reduction.

The Ministry of Natural Resources and Environment and the Canadian Ministry of Environment and Climate Change will sign a memorandum of understanding to realize their cooperation intensions.-VNA

VNA
#SME #greenhouse gas emissions #climate change #water resource Canada
Follow VietnamPlus

Related News

See more

Illustrative photo (Photo: VNA)

Vietnam’s coffee exports reach 1.72 billion USD in first two months

Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Vietnam's coffee export value increased by over 37% during this period, though its export volume decreased by 22%.

Workers process shrimp products for export at a factory of Sao Ta Food Joint Stock Company in Soc Trang province. (Photo: VNA)

Vietnam becomes Brazil’s 2nd largest aquatic product supplier

According to the Department of Customs under the Ministry of Finance, Vietnam’s aquatic product exports reached $655 million in February, marking a 44.5% year-on-year increase. This brought the total for the first two months of 2025 to $1.42 billion, up 19% compared to the same period in 2024.

Credit growth will continue to be the key target in Vietnam’s new development policy, (Photo vnbusiness.vn)

HCM City bank lending growth down in 2025

According to deputy director of the State Bank of Vietnam’s HCM City office Nguyen Duc Lenh, outstanding credit as of February was 3.936 trillion, down 0.17% from December 2024 but 12.2% up year-on-year.

Authorities inspect the procedures of vehicle operators transporting goods at the Huu Nghi International Border Gate (Lang Son province). (Photo: VNA)

Customs trade hits 1.05 billion USD on first day of new model

Realising the 12th Party Central Committee's Resolution 18 on streamlining the political system’s organisational structure, on March 15, the customs sector began operating under a three-tier model: the Department of Customs, regional customs offices, and border checkpoints. This reorganisation has reduced the number of units by 485, or 53.77%, from 902

Long Hau 1 Industrial Park in Can Giuoc district, Long An province. (Photo: VNA)

Industrial real estate expects a boost from policies, FDI

The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for real estate in 2025.

Construction site of Terminal 3 (Photo: VNA)

Vietnam Airlines, Vietjet Air flights to operate from Tan Son Nhat’s new terminal in May

Designed to handle 20 million passengers annually, Terminal T3 of the Tan Son Nhat International Airport includes four main components: the passenger terminal, a multi-story parking facility integrated with non-aviation services, the elevated road system at the terminal frontage, and aircraft aprons. The total investment for the terminal is nearly 11 trillion VND (431.2 million USD), with construction beginning in December 2022

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.