Environment group in the making
Update: 23/12/2008
A VND 6.2 trillion project for establishing an environment group by 2012 has been submitted to the government as part of the national efforts to diversify environment services.
The project, prepared by the Ministry of Natural Resources and Environment, made it clear that the group will have the state at the helm to fulfill the nation’s commitments to the World Trade Organisation regarding environment.
Investments are expected to come from foreign official development assistance (ODA), international cooperation progammes and other economic sectors, in addition to the main source from the state budgets.
The potential project aims to improve the domestic environmental quality, thus further attracting foreign direct investments as well as to increase the domestic sector’s competitiveness in this field while the country is gearing to full opening to the world, explained the ministry in its submission to the government.