By developing and operating the domestic carbon market, Vietnam will effectively reduce carbon emissions. This will happen due to the increase in compatibility with international carbon pricing mechanisms, link with international and regional carbon markets, and increase competition among Vietnamese products, according to experts.
Macroeconomic stability will be a good foundation for developing the stock market, Deputy Minister of Finance Nguyen Duc Chi said at the Government’s regular press conference on October 29 in Hanoi.
Minister of Agriculture and Rural Development (MARD) Le Minh Hoan has suggested building an export market development strategy, where functions and tasks of management agencies are integrated.
Prime Minister Pham Minh Chinh on August 20 chaired a nationwide teleconference linking with the 63 cities and provinces on the development of labour market in a flexible, modern, sustainable and globally integrated manner.
Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.
Seafood processors and exporters need to invest in advanced technologies and expand markets to match orientation to restructuring the agro-fisheries sector in the direction of improving added value and sustainable development, said Dr. Dao Trong Hieu from the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority.
Wood products exports are expected to rise to a record 15-16 billion USD this year despite the impacts of the COVID-19 pandemic. They were worth 12.5 billion USD last year.
Hanoi targets increasing the proportion of trained workers in the city to 75-80 percent by 2030 under a strategy on labour market development built by the municipal People’s Committee.
Exports of cassava and cassava-based products were estimated to be worth 443 million USD in the first four months of the year, a year on-year increase of 23.9 percent, according to the Agro Processing and Market Development Authority.
Preferential tariff treatment under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has brought in robust results to the trade in goods between Vietnam and Canada, according to insiders.
Ho Chi Minh City’s authorities have implemented out support programmes for enterprises and key industrial products in a bid to further promote its industrial development in the next five years.
Vietnam targets raising the proportion of trained workers to 35-40 percent by 2030 under a support programme for labour market development newly issued by Prime Minister Nguyen Xuan Phuc.
The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.
The Vietnamese stock market will continue to be supported by a number of positive internal and external factors of the economy as well as the market itself in 2021, Ta Thanh Binh, Director of Securities Market Development Department under the State Securities Commission, told the press on January 19.