Vietnam looks to develop low-carbon industrial parks
Initial results from the project that was designed to run till 2015 showed the reduction of 1,600 tonnes of CO2 emissions through the implementation of activities to reduce greenhouse gas emissions. The information was unveiled at a workshop on building low-carbon industrial parks held in Hanoi on March 19, according to the Quan doi Nhan dan (People’s Army) newspaper. Co-hosted by the Industrial Policy and Strategy Institute and the Asia Fund, the event was part of a project funded by the UK’s Ministry of Foreign Affairs. Solutions and assisting policies for enterprises in Vietnam’s industrial parks in line with the low-carbon model based on the Danang results were also discussed at the event.
The Danang Municipal People’s Committee is aiming to boost foreign direct investment (FDI) into the city as part of their effort to tackle poverty.
At a committee meeting on March 20, Phung Tan Viet, vice chairman, said the committee believes that increased levels of investment will play acritical and pivotal role in revitalizing the city’s economy.
Most notably businesses in the city can benefit by tapping the capital, technology, management know-how, sales, and procurement networks of foreign companies and employees will be able to secure good high paying jobs.
Though the city continues to receive steady FDI inflows the committee believes the levels are not optimum. It has been primarily concentrated inthe hi-tech and support industry projects, most notably green projects.
The committee discussed nine areas where they need to concentrate on improving in order to boost FDI attraction.
The lack of coordination among functional agencies was cited as the number one area needing improvement.
