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The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures

This score is 25 per cent higher than the average score of businesses competing across Asia in 2022 and far ahead of the average score for the Vietnamese nominations. To achieve this position – one that many businesses across the continent aim for – is not easy because the list of Asia's Best Places to Work is selected through an extremely rigorous evaluation process via the Total Engagement Assessment Model – a model based on the criteria of Core, Self, and Group that are applied to major human resource markets in Asia. Core (collective organisation for real engagement) assesses culture, discipline, management capacity, leadership, and agile initiatives. Self (heart, mind, and soul) assesses the level of cohesion, pride, and emotion at work. Finally, Group (think, feel, and do) measures the level of cooperation between members within the business. A representative of CT Group at the HRAA 2022 award ceremony Speaking at the honouring ceremony, deputy director of … [Read more...] about CT Group wins at HR Asia Awards 2022

Illustrative image (Photo: Geonoise Asia) Bangkok (VNA) – The Bangkok Mass Transit Authority (BMTA) may procure 3,200 electric buses to phase out fossil-fueled buses from its fleet in three years, said Deputy Permanent Secretary for Transport Sorapong Paitoonphong. The plan is part of BMTA’s revised business rehabilitation plan, which will be sent to the Thai Government for approval in about two months, he added. The development of electric vehicle industry is an important part of the Thai Government’s efforts to restructure the economy with focus on hi-tech industry, biological-circular-green economic model, health care and tourism. Last month, the Thai Government approved two tax incentives to promote the use of electric vehicles and help Thailand become a major manufacturer of electric vehicles in the world./. VNA … [Read more...] about Thailand plans to use entirely electric buses in Bangkok in three years