The development of supporting industries has yet to catch up with the growth and demand of FDI enterprises, as Vietnamese enterprises are mainly micro, small and medium businesses short of capital and technology, so they cannot meet the requirements to produce components and parts of the main products, especially those which require hi-tech investment; the training of high-quality manpower for the supporting industries is still inadequate and weak; and though policies to develop the supporting industries are available, enterprises are generally let to manage by themselves. Private enterprises qualified for spearhead areas of the supporting industries have not yet been selected to develop links in the global supply chain in Vietnam. Though State-owned enterprises hold huge assets of the country, most of them are unable to build links in the global supply chain in Vietnam. … [Read more...] about Private sector development to enhance FDI efficiency
Build people up
URC Vietnam accelerates green turn
As a leading food and beverage producer, URC’s operations are bound to be heavily reliant on materials and produce waste. What initiatives have you launched to tackle this? Putting sustainability at the core of our business, we are fully aware of our responsibility to care for the environment and society while growing our business. For several years now, we have been implementing initiatives to improve the efficiency of water, energy, and waste management. All URC factories have reverse osmosis systems and reuse the water cleaned by it, as well as utilise clean energy such as compressed natural gas and biomass energy to protect the environment. Besides that, industrial waste is treated by contractors for recycling and is used as raw materials to produce pavement bricks and fertiliser, among others. Our facilities are certified with ISO 14001:2015 – an industry-leading accreditation for environmental management systems. … [Read more...] about URC Vietnam accelerates green turn
HCMC gets busy with welcome party for Lunar New Year
Tet is the biggest and most important festival in Vietnam. It is a time when millions of migrant workers return to their homes in the countryside from major cities to mark the coming of the Lunar New Year with loved ones. The Lunar New Year is also celebrated by several other Asian communities around the world. … [Read more...] about HCMC gets busy with welcome party for Lunar New Year
City walk to discover Imperial Citadel of Thang Long
The walk will start in front of the Flag Tower on Dien Bien Phu Street with a brief introduction to the citadel. The group will then proceed into the citadel complex, which is a UNESCO World Heritage Site, on Hoang Dieu Street to learn about the architecture, the different historical periods of this former centre of power, the different relics and the part it played in the American War. … [Read more...] about City walk to discover Imperial Citadel of Thang Long
Former deputy minister summoned for Vu Huy Hoang’s trial
Former Deputy Minister of Industry and Trade Nguyen Nam Hai has been summoned for his alleged connection with the State property misuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoang at the Saigon Beer - Alcohol - Beverage JSC (Sabeco). (Photo: moit.gov.vn) … [Read more...] about Former deputy minister summoned for Vu Huy Hoang’s trial