He added, “The IFC’s investment in companies like ITL aims to support the growth of domestic private logistics firms capable of providing comprehensive and efficient logistics services. This will help improve the sector’s capacity to serve the growing higher value-added manufacturing and processing industries, which require a more sophisticated, efficient, and lower-cost logistic function.” … [Read more...] about Indo Trans Logistics receives $70 million financing package from IFC
Supply chain
Vietnam expects imminent new wave of foreign investment
Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment
Working group established to promote foreign investment in Vietnam
Other members are from the Ministry of Planning and Investment; the Government Office, the Ministry of Foreign Affairs; the Ministry of Public Security; the Ministry of Finance; the Ministry of Industry and Trade; the Ministry of Agriculture and Rural Development; the Ministry of Science and Technology; the Ministry of Culture, Sports and Tourism; the Ministry of Labour, Invalids and Social Affairs; the Ministry of Information and Communications; and the State Bank of Vietnam. … [Read more...] about Working group established to promote foreign investment in Vietnam
Da Nang moves to speed up COVID-19 testing
The centre now has 13 real-time reverse transcription polymerase chain reaction machines in addition to over 460 medical workers. Of the medical staff, several experts from the Central Institute of Hygiene and Epidemiology have been dispatched to the centre in an effort support the analysis of test samples in a timely and accurate way. … [Read more...] about Da Nang moves to speed up COVID-19 testing
Tech donations for the community
Grade schools in the country have also benefited from Huawei Vietnam’s CSR programs, including 35 sets for chairs and desks for Phu Dong Elementary School in Phu Yen Province, and a computer lab for an elementary school in My Luong Commune of Phu Tho Province’s Yen Lap District, plus 15 sets of computers for teachers at this latter school. These donations were made last year, on top of a similar program for five schools in five other provinces in 2018. … [Read more...] about Tech donations for the community
