(VOVworld) – The UN Conference on Climate Change (COP-20) in Peru announced that 190 countries involved in the United Nations Framework Convention on Climate Change (UNFCCC) will have to adopt national plans to reduce greenhouse gas emissions and submit them to the UN before June, 2015. Vietnam has built its national action program and made a strong commitment to work with the international community to keep global warming below 2 DC.

(VOVworld) – The price of crude oil on the global market has hit a five-year low at around 60 USD per barrel. The oil price reduction is creating impacts on the global economy as well as potential risks.

(VOVworld)- Conditions for foreigners in Vietnam to buy and own houses have been loosened under the revised Law on Housing announced by the Presidential Office last week. The new regulations will help Vietnam attract more foreign currencies and stimulate the real estate market.

(VOVworld) – Strict management, improving capital usage, and ensuring public debts within safe limits are measures to keep national financial safety and stabilize the macro economy. The government will take drastic actions to obtain these targets as Vietnam’s public debt has been increasing.

(VOVworld) – Japan’s Lower House election will be held on December 14. As Prime Minister Shinzo Abe’s economic policies, known as Abenomics, have failed to restore Japan’s economy, the snap election, 2 years earlier than scheduled, is being called a referendum on his economic reform program and the prestige of the Liberal Democratic Party. Anh Huyen comments:

(VOVworld) – Vietnamese Prime Minister Nguyen Tan Dung left Hanoi on Wednesday for Seoul to attend a summit to mark the 25th anniversary of ASEAN-Republic of Korea dialogue relations and pay an official visit to the Republic of Korea until December 12. His participation at the summit aims to strengthen the ASEAN-Republic of Korea relationship and the Vietnam-RoK strategic partnership.

(VOVworld) – Partners involved in the South Stream Gas Project are scheduled to meet in Belgium on December 9, 2 weeks after Russian President Vladimir Putin announced he was canceling this important gas project.

VOVworld)- The 13th National Assembly’s adoption of the revised Enterprise and Investment Laws at its 8th session has received positive feedback from the business community. The revised laws are expected to improve Vietnam’s business and investment environment.

(VOVworld) – The private sector, one of three components of Vietnam’s economy, includes 95% all operating enterprises. If the private sector is not developed properly, Vietnam’s economy cannot generate the momentum for sustainable development increase its self-direction. Promoting the private sector was the main topic at the Vietnam Development Partnership Forum (VDPF 2014) in Hanoi on Friday.

(VOVworld)- The French Parliament has recently adopted a resolution recognizing Palestine as an independent nation. After Sweden, the UK, Ireland, and Spain, France became the fifth European country to support Palestine in setting up its own state. Given the deadlock in peace negotiations between Israel and Palestine, support for an independent Palestine is considered a way to boost the peace process in the Middle East.