SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves
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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
HCM City unveils proposed design for Tet Flower Street
HCM City (VNS/VNA) - The HCM City administration has unveiled a draft design for the 18th annual Nguyen Hue Flower Street to celebrate the coming Tet (Lunar New Year) holiday. Rural life featuring rice farming and buffaloes will be the theme for this year, the Year of the Buffalo, according to eastern zodiac. Every year Nguyen Hue street in District 1, which has a pedestrians-only square down its middle, transforms into a ‘flower street’ during Lunar New Year. This year it will be open from February 9 to 15, with the decorations starting on January 25, according to the organisers. Like in previous years environment-friendly materials will be used for the decorations. According to organisers, the organic design and architecture this year would aim to send the message of environmental protection. To usher in the Year of the Buffalo, most of the event’s concepts and decorations will pay homage to the animal, with 26 mascots being set up along … [Read more...] about HCM City unveils proposed design for Tet Flower Street
GDL delegation pays tribute to martyrs in Quang Tri province
The activity is part of the ongoing “Returning to the roots” program held by the General Department of Logistics from July 5 to 8, paying tribute to national contributors in Quang Tri province. The program includes providing free health check-ups and medicines, presenting medical equipment to local medical stations, and presenting gifts to national contributors, policy families and disadvantaged students. … [Read more...] about GDL delegation pays tribute to martyrs in Quang Tri province
Winners of HCMC Brand Award to be announced Thursday
Earlier at the launch ceremony, Bui Ta Hoang Vu, director of the HCMC Department of Industry and Trade, said the HCMC Brand Award would help raise the awareness of businesses operating in the city over the importance of building their brands and encourage them to accelerate innovation, creativity and sustainable development. … [Read more...] about Winners of HCMC Brand Award to be announced Thursday