“Generally, all foreign investors regardless of corporate or financial investors look for the same thing: supporting their investee to grow, adding value and synergies to their portfolio of investments, and strengthening and generating financial returns,” he said. “For most Thai buyers, our general observation is that they do understand the general business practices in an emerging country like Vietnam, as most of their countries underwent the same business trajectory before.” … [Read more...] about Long-term development commitments realised through strategic M&A moves
Community living assistance services
Routes leading to Long Thanh airport to be built
Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built
Exhibition on historic Truong Son-Ho Chi Minh Trail opens in Hanoi
Truong Son veteran soldiers at the exhibition A photo at the event The exhibition aims to introduce lives in battles of former Truong Son female soldiers, honor their contributions and sacrifices to the building and maintenance of the Truong Son-Ho Chi Minh Trial, and express the beautiful tradition of the Vietnamese people “When drinking water, remember its source” of the younger for the older generation. … [Read more...] about Exhibition on historic Truong Son-Ho Chi Minh Trail opens in Hanoi
New energy renewable and efficiency model applied at Tan Son Nhat Airport
The SCSC-CME Industrial Rooftop Solar Power project is the first phase of a green energy plan between the two companies. The project will provide 1.5 million kWh of electricity annually, meeting 40 per cent of SCSC's electricity needs, saving about 15 per cent of energy costs, and reducing emissions by 1.5 tonnes of CO2 equivalents. The business will expand the second phase to achieve 100 per cent clean energy output. … [Read more...] about New energy renewable and efficiency model applied at Tan Son Nhat Airport
Agricultural sector aims to increase domestic beef production
By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production