Delegates launch a programme on classifying, segregating and recycling used cartons, called School Recycling, in 800 primary schools and kindergartens in Ha Noi on Saturday. — VNS Photo Thanh Hai Swedish food processing and packaging solutions provider Tetra Pak launched a programme on classifying, segregating and recycling used cartons, called School Recycling, in 800 primary schools and kindergartens in Ha Noi on Saturday. Ha Noi, after HCM City, is the second city in Viet Nam in which the programme will be implemented, bringing the total schools taking part in the programme to 1,400 in 2019. The company also has a plan to expand the initiative in Da Nang and Binh Duong cities in 2020. Speaking at the event, Swedish Ambassador to Viet Nam Ann Mawe called on students, people and the community to recycle waste, including used cartons, in efforts to reduce waste in Viet Nam. “Burying waste in landfills was not only environmentally bad but economically illogical. Landfills … [Read more...] about Tetra Pak launches school recycling programme in Ha Noi
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School Recycling kicks off in Hanoi
Community School Recycling kicks off in Hanoi By Van Ly Monday, Dec 16, 2019,14:59 (GMT+7) School Recycling kicks off in Hanoi By Van Ly Attendants exchange used cartons for small pots of tree at the kick-off ceremony of the School Recycling program - PHOTO: VAN LY HANOI - Food processing and packaging solution provider Tetra Pak on December 14 kicked off a carton recycling program that will be implemented in 800 primary schools and kindergartens in 16 districts of Hanoi. The event raised the total number of participating schools in 2019 to 1,400 in both Hanoi and HCMC. The program would be expanded to Danang and Binh Duong next year. School Recycling is the first-ever large-scale program to categorize, collect, and recycle used cartons in Hanoi under partnership with the municipal Department of Natural Resources and Environment, the Department of Education and Training, and Tetra Pak’s partners including Dong … [Read more...] about School Recycling kicks off in Hanoi
South Korean investors dominate M&A deals in Vietnam
In the first six months of this year, the value of M&A deals reached almost $5.43 billion, 88 percent of which came from foreign investors acquiring stakes in Vietnamese firms, according to data released Wednesday by analysts at the Vietnam Mergers and Acquisition Forum (MAF) 2019. "South Korea has risen to be the biggest investor with M&A deals worth $2.2 billion in 2018. Their interests are finance, technology, real estate and consumer goods," the MAF report said. The biggest H1 M&A deal was struck in May, when South Korean firm SK Group became a big shareholder in the Vingroup conglomerate by pouring nearly $1 billion for a 6.15 percent stake. Last September, SK Group had also acquired a 9.5 percent stake in Masan Group, a major food and agricultural company, for $470 million. South Korean conglomerate Hanwha Group last August spent $400 million on a 6 percent stake in Vingroup through its subsidiary Hanwha Asset Management. Asset manager ASAM Vietnam, which manages … [Read more...] about South Korean investors dominate M&A deals in Vietnam
Indonesia hits European Union with WTO lawsuit over palm oil
Indonesia has accused the European Union of discrimination against its palm oil exports. (Photo: AFP/Mohd Rasfan) The action could escalate a trade dispute between Indonesia - the world's top palm oil producer - and the EU, which plans to end its use of biofuels by 2030, citing concerns over widespread deforestation caused by the sector. The EU earlier imposed duties on imports of subsidised biodiesel from Indonesia saying it was needed to level the playing field for its producers. In response to what it called "discriminative" policies against its key palm oil exports, Indonesia said it filed a complaint with the WTO last week. "Indonesia officially sent a request for consultation on Dec 9, 2019 to the EU as the initial step for the lawsuit," Trade Minister Agus Suparmanto said in a statement Sunday (Dec 15). Neighbouring Malaysia, the world's second-biggest palm oil producer, has also threatened WTO action against the EU. Teresa Kok, the minister overseeing Malaysia's palm oil … [Read more...] about Indonesia hits European Union with WTO lawsuit over palm oil
Prices of air tickets for Tết to be strictly controlled: CAAV
Passengers at Hà Nội's Nội Bài Airport. Airports often suffer overloading due to increasing travel demand during the Tết holiday. — Photo vietnamnet.vn HÀ NỘI — Prices of air tickets for the upcoming Tết (Lunar New year) will be tightly controlled by the Civil Aviation Administration of Việt Nam (CAAV). The CAAV has just set up a special committee to supervise the increase of air ticket prices, dealing with violations, and enhancing security at airports. The committee, headed by director Đinh Việt Thắng, will instruct airport authorities in northern, central and southern regions to enhance the supervision and monitoring of aviation safety and security, as well as services in airports. The airport authorities should provide people with information about flights to reduce numbers of those visiting airports to welcome or see off relatives and friends, especially at … [Read more...] about Prices of air tickets for Tết to be strictly controlled: CAAV