According to Berly D. Alvarez, chairman of the Philippines’s Kaunlad Lending Investors Corporation and a speaker at the 2018 Horasis Asia Meeting held recently in Binh Duong province, Vietnam’s ability to attract FDI is due to its consistent economic reform, a young and increasingly urbanized population, affordable labor, constant improvements to its business climate, and political stability. The fact that it hosted the 2017 APEC meetings highlights its regional economic integration and steadily improving business climate, he added. Vietnam has been attracting investment in infrastructure, including power projects, road and rail construction and renewable energy. Don Lam, CEO of VinaCapital, said Vietnam’s economy remains strong with 6.6 percent growth targeted next year, inflation remaining under control and manufacturing expanding. “More foreign investment is expected to flow into Vietnam in the coming time.” Pakpoom Vallisuta, chairman of The Quant Group Corporation, a … [Read more...] about Vietnam a regional FDI magnet say experts
Renewable energy power for a sustainable future pdf
Real estate firms advised to catch up with green growth trend
Illustrative image (Source: VNA) Hanoi (VNA) – Positive changes in the real estate sector are crucial if the country wants to meet its green growth targets. Along with construction, the sector is the source of nearly 40% of carbon emissions in the world and consumes about 36 percent of total power generated globally, according to experts. Savills cited the Global Status Report for Buildings and Construction 2021 , which showed that in 2020, the real estate and construction sector accounted for 36% of global final energy consumption and 37% of energy related CO2 emissions , as compared to other end use sectors. Vietnam approved a national strategy on green growth for the 2021-2030 period with a vision to 2050, which aims to switch the country’s growth model towards a greener economy with the application of a circular economic model through the economical and efficient use of natural resources and energy, and developing sustainable infrastructure for higher growth … [Read more...] about Real estate firms advised to catch up with green growth trend
Workers’ ties viewed as core factor of Vietnam – Cuba special solidarity
The meeting between the VGCL delegation and Roberto Morales Ojeda, Politburo member and Secretary in charge of organisation affairs of the Communist Party of Cuba (Photo: VNA) Havana (VNA) – Leaders of the Party and State of Cuba have received a delegation of the Vietnam General Confederation of Labour (VGCL) in Havana, describing the relations between Vietnamese and Cuban workers as a core factor of the special solidarity and friendship between the two countries. The VGCL delegation met with Roberto Morales Ojeda, Politburo member and Secretary in charge of organisation affairs of the Communist Party of Cuba ; Esteban Lazo Hernández, Politburo member and President of the National Assembly of the People’s Power; Homero Acosta Álvarez, member of the Party Central Committee, Secretary of the National Assembly of the People’s Power and the Council of State; and Salvador Valdés Mesa, Politburo member and Vice President of Cuba. At the meetings, Nguyen Dinh Khang, member of … [Read more...] about Workers’ ties viewed as core factor of Vietnam – Cuba special solidarity