Market economy institution crucial for climate change response

Domestic and international experts has gathered in Hanoi for a conference to discuss the completion of the market institution in natural resources management, environmental protection and climate change response in Vietnam.
Market economy institution crucial for climate change response ảnh 1A conference takes place on November 9 to discuss market economy institutions in natural resources management, environmental protection and climate change response in Vietnam. (Photo: khoahocvacongnghevietnam.com.vn)

Hanoi (VNA) – Domestic and international experts has gathered in Hanoi for a conference to discuss the completion of the market economy institution in natural resources management, environmental protection and climate change response in Vietnam.

At the on November 9 event, Nguyen The Chinh, head of the Institute of Strategy and Policy on Natural Resources and Environment (ISPNRE), said that the Government asked the Ministry of Natural Resources and Environment to carry out the project “Completing the market economy institution in natural resources management, environmental protection and climate change response in Vietnam” to enhance management in the sectors towards sustainable and fast development in specific conditions of Vietnam.

The institute must join hands with relevant agencies to finish the project in 2018, he added.

Experts said that building socialist-oriented market economy institution is a strategic mission and a major breakthrough which drives sustainable and fast development in accordance with the Resolution 11 adopted at the 12th Party Central Committee.

Vietnam is integrating deeply into the new-generation free trade deals as well as international commitments on the environment and climate change. Thus, it is necessary to have rational approach to exploit and use natural resources effectively while reduce environmental pollution.-VNA 
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