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Posts Tagged ‘commit’

Many countries commit to helping Vietnam in developing low carbon economy

In Uncategorized on December 16, 2010 at 9:48 am

Northern Europe countries and Japan had undertaken to choose Vietnam to pilot the programs to develop low carbon economy, the representative of the Ministry of Agriculture and Rural Development said at a press conference on December 14.

Norway pledged a support package of US$100 million for the Reducing Emissions from Deforestation and Forest Degradation program (REDD) of Vietnam.

Besides, the meeting between high officials in agriculture, food security and climate changes and the chairman of World Bank, Prime Minister of Thailand, and the US Agriculture minister had raised $4.5 billion for REDD program and $6.5 billion for the climate change funds.

The press conference was held to report the activities of Vietnamese delegation at the sixteenth Conference of the Parties of the United Nations Framework Convention on Climate Change in Cancun, Mexico, from November 29 to December 10.

Source: SGGP

APEC leaders commit to strengthen economic co-operation

In Uncategorized on November 16, 2010 at 1:55 am

Rice prices go up but enterprises commit to meeting domestic demand

In Uncategorized on October 19, 2010 at 8:10 pm

Rice prices go up but enterprises commit to meeting domestic demand

QĐND – Tuesday, October 19, 2010, 22:14 (GMT+7)

The information about the rice price increases in the world market has promptly pushed the domestic prices up. Meanwhile, enterprises have been told to get ready to stabilize the market, in case the “price fever”, the thing that once occurred in 2008, returns.

Sales agents in HCM City have raised the retail prices by 3,000-10,000 dong per kilo for every five-kilo bag. Especially, Thai sticky rice is now selling at over 30,000 dong per kilo, or 8,000 dong per kilo higher than previously. Scented sticky rice is being sold at 60,000 dong per kilo, an increase of 12,000 dong per kilo.

Huynh Cong Thanh, Director of Foocosa Company in HCM City, said that the domestic prices have increased because of the higher input materials. For example, first class rice (5 percent of broken rice), which was traded at 7,000-7,100 dong per kilo, is being sold at 7,450 dong. Meanwhile, it is now the time for Vietnamese exporters to deliver products to importers. Some countries are pushing up rice purchases, including Iraq (60,000 tons) and Cuba (200,000 tons).

Thanh said the demand has increased sharply recently. Previously, the shops of Foocosa chain sold 12-15 tons a day, while they sell 25 tons a day now.

Chair of the Vietnam Food Association Truong Thanh Phong said the world market seems to be stable but the imbalance in supply and demand can be seen in some regions. It is now clear that some countries plan to import rice in big quantities, namely Indonesia, the Philippines, Bangladesh and African countries.

The sharp rice price increases have raised the worry that the “rice fever” which once occurred in 2008, may return. At that time, people, fearing that the rice supply would become short since enterprises boost exports, rushed to purchase rice to store up. As the result, some big cities seriously suffered from the lack of rice, while enterprises could not carry rice from other provinces at once.

“You should learn the lesson from the 2008 rice price fever. Not only the enterprises in Hanoi and HCM City but also the ones in rural areas have to get ready to stabilize the market when troubles occur,” said Phong.

Thanh has reassured the public that Foocosa is still selling normal rice at no more than 8,000 dong per kilo as it has committed, while scented rice price is being at 10,500 dong per kilo. Foocosa still has 5,000 tons of rice in stocks to be provided to the shops in the city. If troubles occur, Foocosa will carry rice from other provinces to HCM City.

Nguyen Thanh Nhan, Deputy General Director of Saigon Co-op, said the prices of food and necessities available at Saigon Co-op chain remain stable. The prices of some products such as canned food, drinks have just increased slightly.

Le Ngoc Dao, Deputy Director of the HCM City Department of Industry and Trade, said the city’s authorities are following a plan to stabilize the market. To date, the prices of the most essential goods remain stable, while the supply remains profuse.

Source: VNN

Source: QDND

Japan, France commit US$134 million for fighting climate change in Vietnam

In Uncategorized on June 21, 2010 at 4:33 pm

Japan, France commit US$134 million for fighting climate change in Vietnam

QĐND – Monday, June 21, 2010, 22:26 (GMT+7)

As 22 million people in Vietnam may lose their home because of climate change, Japan and France have formed a foundation to help Vietnam prevent this danger.

On June 18, the Ministry of Finance, the Japan International Cooperation Agency (JICA), and the French Development Agency (AFD) Vietnam signed agreements for the “Support Programme to Respond to Climate Change” in Hanoi. Under the agreements, Japan contributes 10 billion Japanese Yen (US$110 million) and France contributes 20 million euros ($24 million).

The “Support Programme to Respond to Climate Change” is a Japan-initiated programme to support developing countries to tackle climate change, which is posing serious threat to many countries including Vietnam.

According to UNDP’s Human Development Report 2007/2008, under the 1-metre sea level rise scenario, about 22 million people or a quarter of the Vietnam’s population will have to be resettled and much of the agricultural land will be exposed to extreme salinisation and crop damaging due to flooding in the Mekong Delta.

To deal with these challenges, the Vietnamese Government ratified the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol in 1994 and 2002, respectively, and issued the National Target Programme to Respond to Climate Change (NTP-RCC) in December 2008.

 “The SP-RCC programme will not only support the implementation of the NTP-RCC but it will serve as a platform for policy dialogue between Vietnam and its development partners as well as other concerned donors in order to enhance the aid effectiveness to Vietnam in this issue,” said Tsuno, chief representative of JICA Vietnam.

Alain Henry, chief representative of AFD Vietnam, said AFD is willing to support Vietnam to implement strategies on promoting energy efficiency principles and renewable energy development, to not only reduce greenhouse gas emissions, but also reinforce Vietnam’s economy resilience to external shocks, such as those induced by fossil fuel prices volatility, as well as its overall energy security, by reducing the exposure of Vietnam to fossil fuel imports.

Vietnam is the second country in Asia (after Indonesia) that Japan and France provide preferential loans for coping with climate change.

Source: VNN


Source: QDND