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Vietnam

By adopting certain fiscal policies for coping with climate change, Vietnam has been restructuring its economy on an environmentally friendly and sustainable basis.

This view was shared by Yvo De Boer, former Executive Secretary of the UN Secretariat of the Framework Convention on Climate Change, at a meeting with Deputy Prime Minister Hoang Trung Hai in Hanoi on November 5.

Read more: Long-term strategy to cope with climate change

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Australia will invest A$160 million over five years in a major road transport project in the Mekong Delta, Vietnam’s food bowl, representing the largest single Australian aid activity in Southeast Asia, the Australian Embassy Hanoi said Monday.

The project, called the Central Mekong Delta Connectivity Project, will link people and markets across the Mekong Delta to the rest of Southeast Asia and beyond, according to the Australian Embassy.

Australian Prime Minister Julia Gillard announced this funding during her meeting with Vietnamese leaders on weekend in Hanoi, the embassy said. The Australian PM attended the ASEAN-Australia Summit on the sidelines of the 17th summit of the Association of Southeast Asian Nations (ASEAN) in Hanoi on October 30.

Read more: Australia says will fund A$160 mln for Mekong Delta transport

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State President Nguyen Minh Triet has proposed the United Nations provide information and financial assistance to help Vietnam cope with climate change as Vietnam is among countries suffering the worst consequences of climate change.

The Vietnamese State leader made the proposal while receiving UN Secretary General Ban Ki-moon following an official welcoming ceremony in Hanoi on October 28. 

Vietnam is commited to implementing the UN Resolutions, particularly the implementation of the Millennium Development Goals (MDGs), and highly values the UN’s contributions to peacekeeping, international security, economic development and ensuring human rights, said President Triet. 

Read more: Vietnam wants UN assistance to cope with climate change

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