(HBO) - A delegation from the Korea International Cooperation Agency (KOICA) led by Director General of KOICA's Department of Corporate Partnership Lee Sang-back had a working session with the provincial People's Committee on a public-private partnership project on reducing emissions from deforestation and forest degradation in developing countries (REDD+) on March 29. It was received by Dinh Cong Su, Vice Chairman of the provincial People's Committee, and representatives from local departments and sectors.
Dinh Cong Su, Vice Chairman of the
provincial People's Committee, speaks at the working session.
KOICA was established by the Korean government
in 1991 with the mission of implementing non-refundable aid programmes for
developing countries, including Vietnam. Every year, KOICA receives more than 1
trillion KRW from the Korean government to support its partner countries.
Apart from the financial support, through KOICA,
the Korean government has shared its experience in the fields of education,
healthcare, public administration, rural development, information technology,
industry and energy, environment, climate change response, and the Sustainable
Development Goals. It also provided expertise in disaster response and
reconstruction.
The above-said PPP project - a technical
assistance one – aims to provide a forest management and monitoring system
based on information-technology and a carbon trading platform.
Specifically, the project applies technological
solutions such as satellite imagery, remote-sensing technology, and machine
learning to accurately estimate the amount of carbon credits and reduce
wildfires and landslides through warning and quick response using AI-based
sensors and an automatic irrigation system in order to manage forests
effectively.
The project is expected to be rolled out in 15
cities and provinces with a total forest area of 5.6 million hectares,
including 1.5 million hectares in hotspots of deforestation and forest
degradation.
KOICA expects Hoa Binh to be the first province
to participate in the project, which features four main activities: reducing
emissions from deforestation and forest degradation, absorbing carbon from
afforestation and reforestation, restoring and protecting natural forests, and
enhancing livelihoods for ethnic minorities.
At the working session, the participants
discussed procedures, advantages, difficulties in the project implementation,
and mechanisms and policies to attract investment in the local forestry sector.
In his remarks, Su expressed his pleasure at
KOICA’s selection of Hoa Binh for the project on reducing emissions from
deforestation and forest degradation, which is also the locality’s strength.
Hoa Binh wishes to continue joining hands with
KOICA in the project implementation, he said/.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
