Corporate social responsibility as a business strategy

This is the second straight year that Ford, one of 270 global companies named to the A List, has been recognised by CDP for climate-change efforts. Ford has received A’s from CDP for water reduction for six years in a row and is one of only 106 companies globally to earn such an award for water security. … [Read more...] about Ford recognised for leadership in corporate sustainability

Recently, Schneider Electric has organised the Innovation Summit 2020 which introduces the New Electricity 4.0. What is this about? Today we are on the brink of Electricity 4.0. A convergence of digital and electric, with its scale, scope, and complexity driving a transformation unlike any in history. Digitised power distribution systems are essential to developing resilient, sustainable, and productive buildings and infrastructure of the future. This digital transformation requires us to adopt an outcome-oriented mindset throughout the project lifecycle to meet owner and end-user expectations, minimise risk, and reduce reworks and costs. … [Read more...] about The “next normal” in business is sustainability

Hanoi (VNA) – The Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin) is speeding up investments in key projects to ensure the corporation’s sustainable development in 2021. According to Vinacomin President and CEO Dang Thanh Hai, despite impact of the COVID-19 pandemic and natural disasters, Vinacomin achieved positive results. Last year, Vinacomin produced 38.47 million tonnes of raw coal, imported 9.65 million tonnes, and sold 42 million tonnes. Its 2020 turnover stood at 123.42 trillion VND (5.35 billion USD), exceeding the adjusted target by 1 percent and equivalent to 89 percent of the result recorded in 2019. Profit was 2.6 trillion VND, reaching the target set and equivalent to half of 2019’s figure. Vinacomin contributed 19.5 trillion VND to the State budget during the year, surpassing the target by 2 percent. The corporation also ensured employment and incomes for more than 96,000 employees. This year, Vinacomin plans to … [Read more...] about Coal corporation speeds up implementation of key projects

For their part, Vietnamese representative agencies abroad are willing to provide domestic businesses with legal support and help them understand export markets. To take advantage of FTA opportunities, especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), business associations and enterprises have asked Vietnamese diplomatic missions abroad to help them introduce their products and cooperate with partners in major markets such as the US, the EU and China. … [Read more...] about Diplomats accompany businesses on the way to global markets

With $2 million invested from the Dutch government and another $2 million from the Dutch private sector, the project aims to make the citrus sector of the Mekong Delta more sustainable and efficient (reduce the negative impacts of agro-chemicals to the environment), and more profitable (50 per cent increase in income) for 150,000 citrus small-holders in the area, by developing a sustainable citrus value chain – in which the local farmers will be contracted and supported in combination with the private sector’s extension system, fertiliser advisory service, virus-free citrus seedlings, and financial support programme. … [Read more...] about Netherlands and Vietnam promotes sustainable business for Mekong Delta