“The wide range of incentives offered to foreign businesses and market access granted by numerous free-trade agreements, combined with competitive wage costs at the low-skilled end, will ensure Vietnam remains an attractive option for manufacturing operations and those seeking to diversify their supply chain in Asia,” noted the EIU. … [Read more...] about Vietnam – Rising star in Asia’s shifting supply chains: EIU
Mro asia pacific 2017
Private sector development to enhance FDI efficiency
In 2017, to enhance the role and the responsibility of private enterprises, the Government issued Resolution 98/NQ-CP dated October 3, 2017 on the action program to implement the Party’s Central Committee’s Resolution 10-NQ/TW dated June 3, 2017 on the development of the private sector economy to an important driver of the socialist oriented market economy. Later, the Politburo issued Resolution 50-NQ/TW dated August 20, 2019 on foreign investment. These are two important documents, which need coordination for synchronous implementation to rectify the shortcomings in FDI attraction and to develop the private sector economy for alliance with FDI to bring about the best benefit for the country. … [Read more...] about Private sector development to enhance FDI efficiency
URC Vietnam accelerates green turn
This year, URC Vietnam has received the Corporate Sustainability Index (CSI) award for the second consecutive year. What new initiatives and achievements in 2019-2020 allowed the company to maintain its position? Company CFO Alvin Geronimo URC Vietnam embarked on the sustainable development journey several years ago and this year has been particularly rewarding as we have achieved many significant milestones on our way to our sustainable development goals. Specifically, in 2019, URC Vietnam and 12 partners founded Packaging Recycling Organization Vietnam (PRO Vietnam) – an alliance for recycling packaging waste toward a circular economy model. … [Read more...] about URC Vietnam accelerates green turn
Project of upgraded, newly-built railway carriages needs VND6,800 billion
According to the Decree No.65/2018/ND-CP issued in 2018 on guiding the implementation of the Law on the Railway Law 2017, around 54 locomotives and 705 carriages must be replaced since January 1; 24 locomotives and 44 wagons will not be operational starting on January 1,2021. … [Read more...] about Project of upgraded, newly-built railway carriages needs VND6,800 billion
In wheelchair, paraplegic Lai Chi-wai climbs up skyscraper in Hong Kong
“But, I want to tell everyone, it doesn’t have to be like that. If a disabled person can shine, they can at the same time bring about opportunity, hope, bring about light, they don’t have to be viewed as weak.” … [Read more...] about In wheelchair, paraplegic Lai Chi-wai climbs up skyscraper in Hong Kong