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PM stresses need for comprehensive approach to tackling climate change

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The rice-shrimp farming model in Mekong Delta Bạc Liêu Province proves effective to adapt to climate change. — VNA/ Photo 

HÀ NỘI — Prime Minister Phạm Minh Chính says there should be a comprehensive approach to tackling climate change, with the grassroots level as the foundation for delivering Việt Nam’s commitment in the field.

Chairing the first meeting of the National Steering Committee for the Delivery of Việt Nam’s Commitments at the 26th United Nations Climate Change Conference of the Parties (COP26) held on Thursday, Chính, who is also the committee’s head, said Việt Nam’s commitments made at the COP26 to reducing greenhouse gas emissions to zero by 2050 and methane emission by 30 per cent by 2030 are in line with the national economic restructuring programme and the global trend of green, circular and digital economic development.

The Government leader emphasised that people and businesses should be the centre, the subject, the goal and driving force of climate change response.

He said climate change combat should be synchronously and effectively combined with green and digital transformation, and other transformations. The entire political system should engage in and all possible resources at home and abroad should be mobilised for the effort, which requires high determination and drastic actions.

He instructed that this year, the steering committee and relevant ministries and sectors should build a comprehensive programme detailing forecasts, goals and tasks for climate change response to submit to the competent authorities for consideration. Each ministry and sector should build its own plan for fulfilling climate change commitments. 

The leader suggested focusing on switching to green and clean energy, reducing the use of vehicles using fossil fuel, developing forest coverage and green urban areas, stepping up digital transformation and encouraging the involvement of businesses and people in the effort, among others.

Chính asked members of the committee, ministries and agencies to meet partners, donors and scientists to acquire expertise, resources and experience, and choose qualified personnel with passion and dedication to realise the country’s COP26 commitments. —

Source: https://vietnamnews.vn/environment/1114882/pm-stresses-need-for-comprehensive-approach-to-tackling-climate-change.html

Sci-tech-environment

Vietnamese digital banking startup gets 20 million USD

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According to Techinasia, Vietnam-based bank Timo has raised $20 million in an investment round led by Square Peg. 

This is a famous investment fund that has invested in technology unicorn projects such as Canva, FinAnce and Airwallex.

Startup ngân hàng số Việt nhận khoản đầu tư khủng 20 triệu USD

In addition to Square Peg, Jungle Ventures, Granite Oak, Phoenix Holdings and several other angel investors also participated in this funding round.

This is Timo’s first fund-raising round. Proceeds from investors will be used to develop the base technology, with a focus on products specific to the Vietnamese market.

Established in 2015, Timo is a provider of digital banking services that enables users to make payments and participate in other financial services without having to go directly to a bank branch. Timo users can even open a bank account without going to a bank for registration.

Timo’s successful funding round comes in the context of increasing digital banking products in Southeast Asia, especially in Vietnam.

According to McKinsey & Company Vietnam, the percentage of service users of Fintech (financial technology) companies in Vietnam increased from 16% in 2017 to 56% in 2021.

The popularity of e-wallets and Fintech in Vietnam is higher than the average of emerging markets in the Asia-Pacific region and even higher than some developed countries.

Cash is still the “king” in all payment segments in Vietnam. However, the openness of Vietnamese users to e-commerce is very high. Consumers are willing to spend digitally, even with complex financial products involving mortgages, investments, and insurance policies.

McKinsey & Company also said that the scale of Vietnam’s digital ecosystem is estimated at 50 billion USD and can increase to 100 billion USD by 2025.

Before Timo, another Fintech startup in Vietnam – MoMo – announced the completion of the 5th round of funding (Series E) with a total investment of about 200 million USD. This deal also turns MoMo into a technology unicorn when it is valued at up to 2 billion USD.

The Covid-19 pandemic has contributed to promoting the development of digital payments in Vietnam as both people and businesses have formed awareness and understood the value of cashless payments. The habit of non-cash payments will not only be maintained but also will continue to be promoted in Vietnam in the post-pandemic period.

Trong Dat

Source: https://vietnamnet.vn/en/sci-tech-environment/vietnamese-digital-banking-startup-gets-20-million-usd-809687.html

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Stories about digital transformation shared on portal

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The T63 information portal – the digital stories of 63 cities and provinces – has been launched by MIC at T63.mic.gov.vn. This is the place for localities to share their experiences during the digital transformation process.

Stories about digital transformation shared on portal

At the conference

The Ministry of Information and Communications (MIC) recently organized an online conference to share and disseminate experiences on digital transformation, connecting with 63 local departments of information and communications.

The leaders of Thai Nguyen, HCM City, Thua Thien – Hue, Bac Giang, Ba Ria – Vung Tau, Lang Son, Thai Binh, Binh Duong and Da Nang talked about digital transformation in their localities in accordance with three topics – digital government, digital economy and digital society.

The stories are about the application of Party Member Handbook platform; provincial digital transformation model in LangSon; the deployment of information system that serves safe, flexible adaptation and effective control of the pandemic in HCM City; AI switchboard solution to advise and support F0s at home; and QR Code travel permit application in Da Nang.

Deputy Minister of Information and Communications Nguyen Huy Dung said digital transformation is a story of 63 cities/provinces, more than 700 districts and over 11,000 communes.

With the viewpoint ‘success comes from sharing’, MIC built an information portal for 63 cities/provinces to share their stories at T63.mic.gov.vn.

Each article must not contain more than 1,000 words and each clip must not be longer than 12 minutes.

“In the last few years, we have heard success stories in other countries. And now, I hope that every locality can tell success stories of its own,” Dung said.

He went on to say that he expects to listen to stories about topics which were still not related at the conference, such as digital transformation at people’s councils at different levels; digital skill training; the tools and platforms that help localities go digitized; and the use of data to make important decisions.

MIC has asked the International Cooperation Department and Authority of Information Technology Application to upgrade the website to make it more convenient to use so that users just make one click to share their stories on many social network platforms. This will also be a repository of original stories for central and local media agencies to build reports and infographics to contribute to the sharing of information.

At the conference, the Authority of IT Application introduced training courses on digital information to be provided to 10,000 officers at state agencies and media agencies. The training is expected to begin in March 2022. Four major issues would be mentioned in the training, including 1/ heightening awareness about digital transformation 2 /digital government 3/ digital economy and 4/ digital society. 

Trong Dat

Source: https://vietnamnet.vn/en/sci-tech-environment/stories-about-digital-transformation-shared-on-portal-809558.html

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Endangered turtles returned to wild

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A member of the Chàm Island’s Marine Protected Area (MPA) management board releases an endangered tortoise. Seven turtles were rescued by local farmers in 2021. — Photo courtesy of Chàm Islands MPA

CHÀM ISLANDS  — The Chàm Island’s Marine Protected Area (MPA) management board and Quảng Nam provincial rangers have released an endangered turtle to the local forest, three days after it was captured by a local farmer and handed to the MPA.

Huỳnh Thùy Hương, an MPA communication employee, told Việt Nam News that the Chinese strip-neck turtle (Mauremys sinensis) was found by Trương Công Tánh at a paddy field in Điện Bàn Town in Quảng Nam Province on January 14, who gave the turtle to the MPA.

The 1.5kg, 24cm shell turtle, which is listed in the International Union for Conservation of Nature as a critically endangered species, was returned to the wild on January 20.

Chinese strip-neck turtle (Mauremys sinensis) — a critically endangered (CR) species listed in the International Union for Conservation of Nature (IUCN) — is found on a paddy field in Quảng Nam Province. — Photo courtesy of Chàm Islands MPA

According to MPA, seven tortoises and sea turtles, handed in by locals, have been released in the Chàm Islands in 2021.

The Chàm Islands-Hội An (including the total area of the Islands’ land and water and Hội An) was recognised as a World Biosphere Reserve in 2009. It is home to a large population of sea turtles and tortoises.

The MPA also reported that nearly 1,000 baby turtles had been released into the ocean in 2017-19 since the ex-situ hatching (moving turtle eggs to another place for hatching) conservation project was launched in 2017.

The Chàm Islands is the only successful site for the ex-situ turtle eggs hatching project in central Việt Nam. —

Source: https://vietnamnews.vn/environment/1118121/endangered-turtles-returned-to-wild.html

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