Việt Nam News

The Việt Nam Logistics Forum 2021 is set to take place on December 14 under the theme “Developing logistic human resources.”

Việt Nam will have many more opportunities to export fruit and vegetables to potential markets in 2022, providing local producers meet international standards on quality and management of growing regions, according to the Ministry of Agriculture and Rural Development (MARD).

Long An provincial authority and Đồng Tâm Industrial Zone Joint Stock Company granted secondary investment registration certificates for four projects worth a total of nearly VNĐ4 trillion (US$174 million) late last week. 

The climate agenda will redefine the world of business in the coming decades, and there is a critical need for leaders in governments and elsewhere to grasp this challenge and respond to it, a webinar on business sustainability heard.

Work is underway to build criteria to set the standard for Vietnamese firms' creativity and innovation capacity, according to the Ministry of Planning and Investment. 

Nestlé Việt Nam has been named the most sustainable business in Việt Nam in the manufacturing sector by the Vietnam Business Council for Sustainable Development (VBCSD) of the Việt Nam Chamber of Commerce and Industry.

Vietnamese stocks had a good start on Monday thanks to the strong performance of real estate stocks.

While sustainable smart cities are considered a solution to sustain international business investments, for Việt Nam experts have advised local cities and provinces to prioritise building.

Masan Group Corporation said it has signed a deal for US$350 million primary investment in The CrownX Corporation by a consortium of investors comprising TPG, Platinum Orchid, which is wholly owned by the Abu Dhabi Investment Authority, and SeaTown Master Fund, which is managed by an indirect subsidiary of Temasek Holdings.

Container and warehouse shortages and surging container shipping costs have hit the textile and garment industry hard, insiders told a seminar in HCM City.

BUSINESS BEAT

Việt Nam is the third-largest cinnamon producer and exporter in the world after Indonesia and China, and the future is full of potential. However, challenges need to be carefully navigated to are also ahead in ensuring sustainable development.

The Ministry of Industry and Trade’s Department of Petroleum and Coal has reported that the domestic gas output is about 9-10 billion cubic metres per year, of which 85 per cent is for power plants, 11 per cent for fertiliser production factories, and 4 per cent for other consumers. 

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has sent a petition to the Prime Minister proposing the amendment of regulations on quarantine for aquatic products used for food.

Financed by local conglomerate Vingroup, the factory will be developed on 8ha in its initial phase, providing lithium batteries for VinFast’s electric cars and buses.

Digital transformation will be the focus to effectively control the pandemic and restore socio-economic development over the next two years, Prime Minister Phạm Minh Chính has confirmed.

To speed up recovery post-Covid-19, HCM City authorities are trying to link up businesses and banks to address the former’s financial needs.

Sài Gòn Alcohol, Beer and Beverages Corporation (SABECO) has been named among the Top 50 Listed Companies in Việt Nam by Forbes Vietnam for the fourth year in a row.