Results for: Vietnam

Vietnam, a significant rice exporter, has pledged to reduce methane emissions in the rice industry. Recent research reveals annual industry losses exceeding $400 million, highlighting the urgency of reshaping the sector. Farmers like Vo Van Van are implementing innovative techniques such as alternate wetting and drying (AWD) irrigation and drone fertilization to reduce water usage and methane emissions. These practices have demonstrated cost savings, increased yield, and access to premium markets. Furthermore, the Loc Troi Group, a leading rice exporter, is expanding the adoption of these methods to achieve Vietnam’s target of growing high-quality, low-emission rice on 1 million hectares of farmland by 2030.

The inaugural Ho Chi Minh Film Festival (HIFF) showcased over 100 films and attracted 280,000 visitors, setting its sights on becoming the largest film festival in Southeast Asia. Industry professionals praised the festival’s scale and ambition, which included a script lab, workshop, and project market. Despite some challenges, such as a lack of a major cinema center and censorship issues, the festival received positive feedback from international attendees and is poised to contribute to the growth of Vietnam’s film industry. The Vietnamese film industry had the highest box office revenue in Southeast Asia in 2023, surpassing Indonesia, and HIFF aims to promote Ho Chi Minh City as a regional film hub.

Vietnam’s FPT will establish a $200 million AI factory utilizing Nvidia’s technology to bolster AI research and develop applications in fields such as generative AI and autonomous driving. The partnership aims to transform Vietnam into an AI hub.

Vietnam, the world’s third-largest rice exporter, is facing a paradox: rice is vulnerable to climate change but also contributes to it by releasing methane. To address this, Vietnamese farmers are adopting new techniques such as alternate wetting and drying (AWD), which reduces water usage and methane emissions. Drones are being used for precise fertilizer application, and rice stubble is no longer burned, but collected for other uses. These methods help farmers reduce costs, increase yields, and contribute to environmental sustainability. Vietnam is also working to expand the use of climate-resilient rice varieties and improve drying facilities to adapt to changing weather patterns.