The public debt of Laos may increase to as much as 65 to 68 percent of its gross domestic product (GDP) in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the COVID-19 pandemic, Vientiane Times reported.
Fewer new pollution hotspots have been found in Vietnam in the past few years, but vigilance is needed to control potential risks, the Ministry of Natural Resources and Environment’s Vietnam Environment Administration has said.
The Vietnam Paper Corporation (Vinapaco) earned nearly 2.6 trillion VND (111.8 million USD) in revenue in 2018, exceeding the yearly target by 19 percent and recording an annual increase of 15 percent.
Trade between Vietnam and Canada in 2018 is estimated at 6.36 billion CAD (4.6 billion USD), up 4.2 percent from the previous year, with the Southeast Asian nation recording a surplus of some 4.34 billion CAD.
Authorities in the central province of Quang Ngai have threatened to shut down a cement plant in Binh Dong commune if the plant’s management board does not take measure to improve air quality and dust emissions.
Planting trees can both combat global warming and increase incomes of citizens. The northern mountainous province of Tuyen Quang has initiated a cooperative tree planting model, where paper companies
Thousands of Japanese goods imported into Vietnam will enjoy a zero percent tariff, in line with the Southeast Asian country’s commitments to lower tariffs as outlined in the VJEPA and the AJCEP for 2016-19.
A planned wood-pulp plant in Binh Son district of central Quang Ngai province would destroy 50ha of nipa palm forest, causing pollution, loss of biodiversity, and irrevocable damage to local lifestyles, biologists and residents warn.
The Government has asked the Ministry of Industry and Trade to take prompt action on five ineffective investment projects, to ensure maximum protection of the State’s capital and assets.
The southern province of Dong Nai has been implementing a green growth
strategy in recent years, which prioritises investment in
environmentally-friendly industrial parks, a local official claims.
The Dung Quat Economic Zone (DEZ) with the 3 billion-USD Dung Quat
Refinery as its heart can be said to be the driving force of economic
development in the central province of Quang Ngai.
Developing acacias for afforestation and the timber processing industry
has a key role to play in realising national targets such as poverty
alleviation and ecological protection, heard a conference opened in the
imperial Thua Thien-Hue city on March 18.
Although investment in agriculture and rural areas has improved
remarkably in recent years, the number of projects and the volume of
investment capital in this sector are still less than in other economic
sectors.
According to the Foreign Investment
Agency under the Ministry of Planning and Investment (MPI), in
2008, the agro-forestry-fisheries sector attracted 45 new projects with
a combined investment of over 252 million USD; accounting for 3.8
percent of all projects and 0.42 percent of newly registered
investment. The respective percentages for the first eight months of
the year were 2.57 percent and 0.46 percent.
World
