Exports on growth

Coolmate CEO Pham Chi Nhu Before founding Coolmate, CEO Pham Chi Nhu held down many jobs from retailing cosmetics to selling online on e-commerce platforms. Nhu realized that customers look at not only the brand but also the price in comparison with quality, customer service and seller commitment. Coolmate was established with the goal of building a completely new shopping model, offering a shopping solution for male customers ensuring quality, goods prices, fast delivery and customer care. Nhu said that when it comes to stocking up on wardrobe essentials, such as shirts, pants, socks and underwear, male shoppers prefer to buy in bulk for the sake of convenience. Coolmate receives investment from STIC Investments Coolmate has also implemented corporate social responsibility by non-plastic packaging, cleaning returned products, and accompanying sponsors in environmental protection programs. Labeled “Proudly made in Vietnam”, Coolmate’s apparel is all … [Read more...] about Coolmate provides shopping solution for male customers

All state firms should further shift their investment activities towards using green technology with lower carbon emission levels. The Vietnamese Government sets a target of having at least 10 state-owned enterprises (SOEs) with a market capitalization of over US$5 billion and around 25 with around $1 billion in the next five years. Production at Ca Mau Fertilizer Plant. Photo: Hoang Anh The goal was set in a Government resolution No.68 signed by Deputy Prime Minister Le Minh Khai on enhancing efficiency in the management of state resources at SOEs. For the next five years, major state corporations are expected to increase their contribution to the state budget by 5-10% compared to the 2016-2020 period. “All state firms should further shift their investment activities towards projects using green technology with lower carbon emission levels,” it noted. Under the resolution, the Government urged ministries and agencies to continue channeling SOEs’ … [Read more...] about Vietnam targets to have 10 SOEs with over US$5-billion market cap by 2025

Textile is one of the key export products of Vietnam (Photo: SGGP) Representative of Villalobos Modas Company (Brazil) Sergio Arevalo said that South America in general and especially Brazil, in particular, is a potential market for exporting textiles, footwear, and handbags from Vietnam. For instance, Brazil - the largest consumer market with a population of up to 200 million people, on average, each year imports more than US$236 billion value of goods and 30 percent of which comes from Asia including Vietnam. According to the statistics of the General Department of Vietnam Customs, three groups of most exports to the Brazilian market since the beginning of the year include footwear of all kinds with $33.18 million, textiles reaching $12.73 million, and bags, wallets, suitcases, hats, umbrellas achieving $3.33 million. Unlike Brazil and South America in general, the Indian market is considered to be a very potential one for tea and coffee exporters. Mr. Bui Trung Thuong, … [Read more...] about Vietnamese goods displayed in over 200 countries and territories

Ekkasit Lakkananithiphan, president of Dow Vietnam As one of the prominent companies focusing on green technology, how has Dow Vietnam contributed to the country’s sustainability goals? As a global materials science company, we have primary sustainability goals. The first is to protect the climate, in which we implement and advance technologies to manufacture our products using fewer resources for carbon neutrality by 2050. And to tackle the plastics pollution, our goal is also to stop the waste and focus on investments in key technologies and infrastructure to significantly increase global recycling. By 2030, we aim to have one million metric tons of plastic collected, reused, or recycled globally through direct actions and partnerships. The next goal is to close the plastics loop by enabling all Dow products sold in reusable or recyclable packaging applications by 2035. In Vietnam, our focus is to educate people to change behaviours and segregate waste at its source … [Read more...] about Dow Vietnam committed to Vietnam’s sustainability

To receive this award, Takeda Vietnam met all the criteria set by Great Place to Work including effectiveness in building high-performing cultures where employees trust their leaders, are proud of what they do, and enjoy the people they work with. This year, companies committed to keeping its employees’ well-being on par with their growth demonstrated their focus on putting people first and purpose led. These workplaces and its leadership, middle managers and human resources professionals have grappled with the changes of a Covid-19 economy without sacrificing the priority of their workforce culture – one that is open, flexible and trusting. Katharina Geppert, Country Manager of Takeda Vietnam, expressed that she is grateful for and proud of receiving this significant accolade: “This recognition showcases our work culture, our efforts and commitment towards our employees. At Takeda Vietnam, we believe every employee plays an important role in creating a culture of belonging in an … [Read more...] about Takeda Vietnam listed among best workplaces in Vietnam

National Assembly Chairman Vương Đình Huệ meets Lao Party General Secretary and President Thongloun Sisoulith in Vientiane on May 16. — VNA/VNS Photo VIENTIANE — National Assembly Chairman Vương Đình Huệ paid a courtesy visit to Lao Party General Secretary and President Thongloun Sisoulith in Vientiane on Monday during his official visit to the country. The top legislator expressed his delight and honour to visit Laos for the first time as Chairman of the Vietnamese NA. He also expressed his pleasure at witnessing the great achievements gained by Lao people in the past under the sound leadership of the Lao People's Revolutionary Party, particularly in maintaining political stability, ensuring national security and defence and economic growth amid the context of the complicated international situations and the COVID-19 pandemic. Chairman Huệ said he believed that Lao people will overcome all challenges, successfully implement the Resolution adopted at the 11th Party National … [Read more...] about NA Chairman pays courtesy visit to Lao Party leader