Why corporate social responsibility is important for business

CSR Hung Thinh Corporation on mission for a prosperous society By Pham Nhat Friday,  Dec 6, 2019,08:46 (GMT+7) Hung Thinh Corporation on mission for a prosperous society By Pham Nhat Vietnam’s Vice President Dang Thi Ngoc Thinh (4th L) and Chairman of Hung Thinh Corporation Nguyen Dinh Trung (3rd L) are at a ceremony to donate 500 charitable houses worth a total of VND25 billion to the representatives of Quang Nam, Quang Ngai, Binh Dinh, Phu Yen and Khanh Hoa provinces on December 16, 2018 – PHOTO: HUNG THINH CORPORATION For the sake of success and sustainable development, Hung Thinh Corporation, a Vietnamese real estate developer based in HCMC, has for the past 18 years followed a code of professional ethics in which the company strives to provide high-quality products to ensure the interests of its clients and partners, as well as the local community. In addition to bringing a prosperous life to its … [Read more...] about Hung Thinh Corporation on mission for a prosperous society

Over 2,000 sellers participate in Amazon’s first Cross-border E-commerce Summit held in HCM City on Wednesday. — VNS Photo Global e-commerce company Amazon Global Selling announced on Wednesday that it would further enhance awareness of online exports and expand to more regions in Viet Nam next year. At the company’s first Cross-border E-commerce Summit in HCM City on Wednesday, which attracted over 2,000 sellers, Amazon said it would organise more offline educational workshops and work closer with partners to drive awareness. Its other strategies include providing more services and tools, expanding to new marketplaces and building service partner networks. It introduced Amazon Advertising to the Vietnamese sellers. The company also plans to launch Amazon Singapore, one more international marketplace that will be available to Vietnamese sellers in addition to Amazon.com. The company will identify and build a service partner network to help sellers efficiently … [Read more...] about Amazon unveils Viet Nam business strategy for 2020

Senior Lieutenant General Nguyen Trong Nghia, Deputy Director of the GDP, presided over the seminar with the participation of a number of generals, representatives of civilian and military organs and units, localities, and troops from the Naval, Border Guard, Coast Guard, and Fisheries Resources Surveillance forces. Senior Lieutenant General Nguyen Trong Nghia speaking at the seminar Addressing the seminar, General Nghia emphasized the special important role of the seas and islands in the socio-economic development and national defense-security safeguarding strategy. Nghia said that the national seas and islands are not only components of the sacred sovereignty and sovereignty right of the country, but also the living and development space of generations of the Vietnamese people. In the old days, Vietnamese people pursued good maritime policies: Exploiting huge potential of the sea for national development and human livelihoods while building a people’s … [Read more...] about Seminar highlights military’s safeguarding of maritime sovereignty and response to climate change

Friday's Tale Chaotic condotel business By Son Nguyen Thursday,  Dec 5, 2019,20:42 (GMT+7) Chaotic condotel businessBy Son Nguyen All are in a mess – for State agencies, localities, businesses, and property buyers – after the owner of the property project Cocobay in Danang City announced that it could no longer live up to its promise of paying an annuity of 12% for buyers of its condotel units. The shockwave is felt, not only because of the extent of imminent damages caused by the project’s failure as Cocobay is probably the biggest condotel project in the country. Rather, it is because the collapse of this business model at Cocobay is seen having a domino effect on a business sector that has shot to “stardom” lately. Confusion is also seen as authorities rush to handle projects that are now moving to brinksmanship in the absence of a legal framework. The collapse, say experts, is just a matter of … [Read more...] about Chaotic condotel business

The Law on Enterprises is seeking to open up business prospects for companies wishing to get involved in Vietnam’s future growth, ironing out limitations along the way.  Pham Duy Khuong, managing director of ASL LAW, talks about the influence of the law on the Vietnamese economy after 20 years, and how it can be improved upon even further. The latest Law on Enterprises is expected to help businesses through difficulties Over the last two decades, what impact has the Law on Enterprises made on important reforms to improve the business environment in Vietnam? In 1999, the Law on Enterprises was born on the basis of merging the Law on Companies and the Law on Private Enterprises, creating a common legal framework for economic entities in the market economy as well as creating equality between types of businesses. Over the past 20 years, the law has undergone two amendments in 2005 and 2014. The amended Law on Enterprises 2014 is considered to contain many … [Read more...] about An enterprise law fit for the next 20 years