Textile sectors

One of the key tasks is to boost capital market development, thereby avoiding relying too much on credit from the commercial banking system, in addition to improving the electricity price mechanism to  lure more  investors while ensuring profitability to attract international capital flows, he stated. … [Read more...] about Vietnam requires US$150 billion for power projects by 2030

Of particular note, along with strategic policies from the Government, businesses are also advised to renew equipment and technologies, and increase production capacity to take further part in global supply chains to create high-quality products sold at competitive prices. … [Read more...] about Dong Nai seeks ways to bolster support industries

In order to have billion-dollar groups, along with supporting large-scale companies we should pay attention to SMEs to create opportunities for them to grow. The MPI has acted as counsellor for the government to issue numerous policies to support enterprises, including the Law on Support for Small- and Medium-sized Enterprises and other decrees and resolutions. In addition, the MPI has followed and reviewed the implementation of policies and their impact. Thanks to reform in policy, the number of startups and newly-registered enterprises has soared in recent years. However, it is necessary to encourage establishment of multi-owned private groups and encourage private enterprises to join state-owned groups to help them get the capacity to participate in global value chains. … [Read more...] about Lofty goals achievable through stable regulations

Roongrote Rangsiyopash, SCG president and CEO (middle) and Tanawong Areeratchakul, chairman of SCG Sustainable Development Committee (right) stressed the importance of the circular economy in solving the global issues of plastic waste caused by COVID-19, among other problems such as drought, PM2.5 dust, and poverty alleviation “Circular economy is one of the solutions for all of us to solve this global emergency. If we cannot carry out circular economy and apply it to our work, to our new lifestyle, this situation will become even more severe. As part of our community, SCG is at a place where we have an active role in forming the circular economy, collaboration, and inviting all people to join us in the circular economy effort,” shared Roongrote. … [Read more...] about SCG 11th Sustainable Development Symposium proposes circular economy to fix global ails

Phan Duc Hieu, deputy head, Central Institute for Economic Management (CIEM) One factor driving M&A activities is the official enforcement of the laws on Securities, Investment, and Enterprises on the same day. Specifically, the Law on Enterprise will extend the protection of buyers. The Law on Securities will ease the ownership ratio of foreign investors at local firms. … [Read more...] about Experts pinpoint M&A opportunities in new normal