In the realm of green economy and sustainable development forums in Vietnam, the representation of individual consumers often remains obscure. While consumer protection associations and organizations exist, their influence and voices are notably subdued. This understated aspect presents an unaddressed challenge that warrants greater attention in Vietnam’s journey towards sustainable development. When it comes to environmental consciousness, Vietnam has lagged behind its Southeast Asian counterparts by several decades. However, the urgency of the green transition in the country must accelerate to align with the net-zero emission target by 2050, in line with regional and global commitments. This collective challenge requires concerted efforts from society, businesses, and the economy as a whole. A long journey In 1981, Co Gia Tho, an electrical mechanical worker in District 6, HCMC, embarked on a journey to sell ballpoint pens. At that time, Thai ballpoint pens held a dominant position in the Vietnamese and Cambodian markets. Ballpoint pens were considered rare commodities, and consumers had to refill ink for reuse. Tho utilized his modest savings in gold to purchase a hand-operated plastic pressing machine and pedaled his bicycle to sell ballpoint pens. Initially named Vu Tru (Cosmos), later renamed Thang Long (Ascending Dragon), and eventually […]
In the realm of green economy and sustainable development forums in Vietnam, the representation of individual consumers often remains obscure. While consumer protection associations and organizations exist, their influence and voices are notably subdued. This understated aspect presents an unaddressed challenge that warrants greater attention in Vietnam’s journey towards sustainable development. When it comes to environmental consciousness, Vietnam has lagged behind its Southeast Asian counterparts by several decades. However, the urgency of the green transition in the country must accelerate to align with the net-zero emission target by 2050, in line with regional and global commitments. This collective challenge requires concerted efforts from society, businesses, and the economy as a whole. A long journey In 1981, Co Gia Tho, an electrical mechanical worker in District 6, HCMC, embarked on a journey to sell ballpoint pens. At that time, Thai ballpoint pens held a dominant position in the Vietnamese and Cambodian markets. Ballpoint pens were considered rare commodities, and consumers had to refill ink for reuse. Tho utilized his modest savings in gold to purchase a hand-operated plastic pressing machine and pedaled his bicycle to sell ballpoint pens. Initially named Vu Tru (Cosmos), later renamed Thang Long (Ascending Dragon), and eventually […]
In the realm of green economy and sustainable development forums in Vietnam, the representation of individual consumers often remains obscure. While consumer protection associations and organizations exist, their influence and voices are notably subdued. This understated aspect presents an unaddressed challenge that warrants greater attention in Vietnam’s journey towards sustainable development. When it comes to environmental consciousness, Vietnam has lagged behind its Southeast Asian counterparts by several decades. However, the urgency of the green transition in the country must accelerate to align with the net-zero emission target by 2050, in line with regional and global commitments. This collective challenge requires concerted efforts from society, businesses, and the economy as a whole. A long journey In 1981, Co Gia Tho, an electrical mechanical worker in District 6, HCMC, embarked on a journey to sell ballpoint pens. At that time, Thai ballpoint pens held a dominant position in the Vietnamese and Cambodian markets. Ballpoint pens were considered rare commodities, and consumers had to refill ink for reuse. Tho utilized his modest savings in gold to purchase a hand-operated plastic pressing machine and pedaled his bicycle to sell ballpoint pens. Initially named Vu Tru (Cosmos), later renamed Thang Long (Ascending Dragon), and eventually […]
HCMC - Dutch Prime Minister Mark Rutte has said that the Netherlands and Vietnam are facing environmental challenges, so all stakeholders, first of all...
Major international retailers are eyeing Vietnam as a crucial supplier and are establishing their presence by setting up offices in the country. This increased...
HCMC — The International Finance Corporation (IFC) has estimated that Vietnam's climate finance demands could reach US$757 billion by 2030.
This huge investment for climate...
HCMC – HCMC, despite being the driving force behind Vietnam's economy, also holds the dubious distinction of being the country's largest greenhouse gas emitter,...
HCMC – The Japan International Cooperation Agency (JICA) has pledged to partner with the Ministry of Natural Resources and Environment to strengthen Vietnam’s capacity...
To maintain its competitiveness in the region and continue attracting foreign direct investment (FDI), Vietnam must adapt to evolving investment preferences and take proactive...
The carbon credit market is poised for significant growth. Who will be impacted and who stands to gain from this evolving landscape?
High demand ahead
With...
As Vietnam is stepping up public investment, should the country earmark a certain amount for green public investment? There are good lessons of other...
HCMC - The annual international innovation event, InnoEx, began in HCMC this morning, August 24, with the goal of fostering innovation and development within...