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HCM City needs detailed roadmap for green transformation: experts

With its role as an important metropolis and economic growth pole for the country, Ho Chi Minh City’s determination to take the lead in the green transition process is expected to create a positive economic transition trend for Vietnam, contributing to speeding up the process towards zero net emissions by 2050.
HCM City needs detailed roadmap for green transformation: experts ảnh 1A corner of Ho Chi Minh City (Photo: VNA)

HCM City (VNA) - With its role as an important metropolis and economic growth pole for the country, Ho Chi Minh City’s determination to take the lead in the green transition process is expected to create a positive economic transition trend for Vietnam, contributing to speeding up the process towards net zero emissions by 2050.

However, to achieve this goal, there are a lot of problems and challenges that the southern largest economic hub must prioritise to address in the coming time, according to experts.

A detailed roadmap needed

Speaking at the Ho Chi Minh City Economic Forum 2023 held recently, Nguyen Duc Hien, Vice Chairman of the Party Central Committee’s Economic Commission, stressed that Ho Chi Minh City must quickly innovate and unify awareness of new growth drivers for promoting green growth.

The development of the digital economy, the circular economy and green growth needs to be carried out methodically from planning, selection of fields, allocation of resources, to improvement of awareness of people and businesses, he said.

In its strategic framework of green growth, the city needs to pioneer in developing several industries such as the digital technology, biological industry, and high-tech industry, he said.

Hien also proposed the city make a plan to become a financial centre in the region and the world and take the lead in developing and piloting new and green products, and become the region’s centre in terms of science, technology and innovation.

HCM City needs detailed roadmap for green transformation: experts ảnh 2An overview of Ho Chi Minh City Economic Forum 2023 (Photo: kinhtetrunguong.vn)

Economist Dr. Tran Du Lich advised Ho Chi Minh City to build a strategic framework to increase the use of renewable energy, solar energy and offshore wind energy to reduce carbon emissions into the environment which currently accounts for 23% of the country’s proportion, and at the same time, reduce energy consumption in production per product unit, and save electricity.

Promoting role of private sector

Experts attending this year’s economic forum emphasised the role of people and businesses in the green transition process, considering this as the driving force and also an important resource that determines the success in the process of implementing green growth.

Deputy Minister of Natural Resources and Environment Le Cong Thanh suggested Ho Chi Minh City call on the domestic and foreign business communities to propose initiatives for green transformation activities.

Enterprises need to pioneer in the process of energy transition, greenhouse gas emission reduction towards the goal of net zero emissions by 2050, he stated, adding that Vietnam is also in the process of establishing a domestic carbon market, which is an opportunity for businesses to trade and exchange carbon credits from energy transition and gas emission reduction activities.

Don Lam, Co-founder and CEO of VinaCapital Investment Fund, said that the private sector is stepping up and playing a key role in implementing green transition, especially in the energy field.

However, there are still many difficulties and challenges to promote private resources in the green transformation process, requiring a more appropriate roadmap and legal framework for the coming time, he stressed./.

VNA

The Phuoc Thuan Border Guard Station and competent units in Ho Tram commune, Ho Chi Minh City, on June 4 rescued a rare sea turtle caught in a fishing net and safely released it back into the sea.

The elongated tortoise is one of the most beautiful and rare terrestrial tortoise species, listed in both the Vietnam Red Data Book and the International Union for Conservation of Nature (IUCN) Red List of Threatened Species. It typically inhabits tropical and subtropical forests and plays an important role in maintaining ecological balance. However, due to illegal trade and habitat loss, its wild population has been declining sharply.

The Japan International Cooperation Agency (JICA)-funded technical cooperation project on drainage management for climate resilience in Can Tho aims to improve planning capacity for wastewater collection, enhance operations and management of existing treatment plants, and the city’s ability to run public awareness campaigns.

A series of environmental and marine-related events to held in the central province of Nghe An from June 4-6 will generate a broad social impact, helping transform awareness into action and commitments into concrete results, and contributing to Vietnam’s goals of green growth, circular economy development, net-zero emissions and harmonious coexistence between people and nature.

According to marine experts, the repeated appearance of dolphins near the shore of Cai Chien Island is a positive sign that the local marine environment is well protected.

According to the Department of Forestry and Forest Protection, as of May 12, more than 1,350 communes and wards nationwide were under the highest forest fire warning of Level 5, while 294 others at Level 4.

To support conservation efforts, the national park has invested in a comprehensive system of breeding enclosures, quarantine areas, reproductive research facilities, wastewater treatment systems and surveillance cameras.

The climate resilience and sustainable infrastructure project in Lang Son consists of two main components, focusing on sustainable infrastructure and environmental improvement; and technical assistance and capacity building, with AFD experts expected to train project management officials and local agencies in disaster response and climate adaptation.

Beyond helping Hai Phong tackle environmental issues, Eco Hopia's primary objective is to transfer advanced technologies to Vietnam, enabling local partners to master them and contribute to the sustainable development of the country's agricultural sector.

The number and activity of tropical cyclones and depressions over the East Sea, internationally known as the South China Sea, and their direct impacts on mainland Vietnam are expected to be comparable to the multi-year average. The long-term average over the East Sea is 5.2 typhoons, with 1.9 making landfall.

Launched in 2021 with funding from the Norwegian people through WWF-Norway and WWF-Vietnam, the “Hue – Plastic Smart City in Central Vietnam” project aims to help Hue protect rivers, wetlands and coastal ecosystems from plastic pollution while building the city into a model plastic-reduced urban area in central Vietnam.

The Bac Lieu Forest Protection Unit under the provincial Forest Protection Sub-Department said that it had completed procedures to transfer and release the animal into its natural habitat.

Initiatives on biodiversity finance, carbon credits, public – private partnerships, nature-based tourism, and private sector investment are creating more opportunities to increase resources for ecosystem conservation and restoration, said an official.

Vietnam has established a network of 180 terrestrial and marine nature reserve covering more than 2.67 million hectares. These sites are being further strengthened to improve ecological connectivity, restore habitats and conserve endangered species. Forest cover remains stable at over 42%, contributing to water protection, climate adaptation and carbon absorption.

The animals included two masked palm civets, four stump-tailed macaques, and seven rhesus macaques. All belong to Group IIB under Circular No. 85/2025/TT-BNNMT issued by the Ministry of Agriculture and Environment on the management of endangered, precious and rare species, as well as the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

The animal was identified as a clouded monitor (Varanus nebulosus), weighing approximately two kilograms and measuring around 70 centimetres in length. The species belongs to Group IB — a category of endangered and rare forest wildlife species given the highest level of protection in Vietnam, with all forms of commercial exploitation and use strictly prohibited.

The stump-tailed macaque, scientifically known as Macaca arctoides, is classified as a rare and endangered species under Group IIB in Vietnam’s regulations on endangered wildlife management.

Ho Chi Minh City aims to push urban green coverage above 1 sq.m per person by 2030, while stepping up greenhouse gas reduction initiatives on the way to Net Zero by 2050.

Designed to process 2,000 tonnes of waste per day and generate 45MW of electricity for the national grid, the project is the first high-tech waste-to-energy plant in southwestern Hanoi, where large-scale solid waste treatment facilities have long been lacking.

The figure includes losses of 6.7 billion VND in Cao Bang province and 3.5 billion VND in Dak Lak province, while Quang Ninh and Thanh Hoa provinces have yet to report estimated damages.