Nguyen Thi Nga has been at the heart of the group’s charity activities, which includes VIR’s Swing for the Kids BRG chairwoman Nguyen Thi Nga, who is also chair of SeABank, has played a huge role in such charity events, putting Vietnam on the world golf map, with the group becoming a main supporter and co-organiser of VIR’s annual Swing for the Kids golf tournament. In her 40 years of doing business, Nga has built some of the largest companies in Vietnam, explaining that corporate social responsibility is important to all her businesses and is one of her personal priorities, hence the fact that BRG is providing its Kings Island Golf Resort for the 13th Swing for the Kids tournament this year. “I think it’s very important to do what you can to help society,” said Nga. “The success of businesses will boost economic growth, leading to a better and more modern life for residents. As a result, the young generation will receive better … [Read more...] about BRG Group’s mission to reach excellence for all
Why corporate social responsibility is important for business
Mondelez Kinh Do strengthens business to total snacking company in Vietnam
Mondelez Kinh Do strengthens business to total snacking company in VietnamBy Van Nam Stephane Gripon, Managing Director of Mondelez Kinh Do Viet Nam Mondelez Kinh Do has now completed the integration of Kinh Do and Mondelēz International. The confectionery products of this enterprise are offering delicious moments of joy combining delicious taste with world-class standards to gradually win the heart of consumers, not only in Vietnam but also across Asia. As a dynamic market in Asia, Vietnam is experiencing a period of good growth. The snack food industry, in particular, is said to have great potential for growth in the future as more and more young people with delicate tastes are looking for high-quality products and more convenience. In July 2015, Mondelēz International joined forces with the confectionery business of Kinh Do by buying 80% of it. In 2016, Mondelez Kinh Do Vietnam became 100% fully owned by Mondelēz International. Now, three years after the … [Read more...] about Mondelez Kinh Do strengthens business to total snacking company in Vietnam
Mondelez Kinh Do Vietnam three years after the merger: Strengthening its business to total snacking company in Vietnam
Mondelez Kinh Do Vietnam three years after the merger: Strengthening its business to total snacking company in VietnamBy Van Nam Stephane Gripon, Managing Director of Mondelez Kinh Do Viet Nam Mondelez Kinh Do has now completed the integration of Kinh Do and Mondelēz International. The confectionery products of this enterprise are offering delicious moments of joy combining delicious taste with world-class standards to gradually win the heart of consumers, not only in Vietnam but also across Asia. As a dynamic market in Asia, Vietnam is experiencing a period of good growth. The snack food industry, in particular, is said to have great potential for growth in the future as more and more young people with delicate tastes are looking for high-quality products and more convenience. In July 2015, Mondelēz International joined forces with the confectionery business of Kinh Do by buying 80% of it. In 2016, Mondelez Kinh Do Vietnam became 100% fully owned by Mondelēz … [Read more...] about Mondelez Kinh Do Vietnam three years after the merger: Strengthening its business to total snacking company in Vietnam
BUSINESS NEWS IN BRIEF 5/8
VNR to keep divesting its subsidiaries Vietnam Railway Corporation (VNR) wants to continue the divestment of its subsidiaries, aiming to improve competitiveness and attract investors to enhance efficiency after three years on a downward spiral. A report on the results of the first six months of 2018 from VNR shows that all of its business indicators are on the rise, with revenue amounting to some VND4,000 billion, up 17.8% year-on-year, and with profit reaching VND106 billion. According to the report, the growth in revenue results from a series of renovation solutions for railway services, including replacing new cars, flexibly increasing and decreasing ticket prices depending on the market demand and linking to the tourism sector to attract passengers in groups. As railway transport models are still facing challenges, VNR has been forced to continue rearranging and restructuring its mechanisms and activities to sustain its operations and develop further. Besides this, the corporation … [Read more...] about BUSINESS NEWS IN BRIEF 5/8
BUSINESS NEWS IN BRIEF 4/8
PetroVietnam signs deals on Sao Vang-Dai Nguyet gas field exploitation A series of trade agreements on exploiting the Sao Vang-Dai Nguyet gas field was inked between the Vietnam National Oil and Gas Group (PetroVietnam) and its partners in Hanoi on July 31. The agreements included a gas sales and purchase and a gas supply agreement. The stakeholder participation in the Petroleum Sharing Contract includes the operator Idemitsu Kosan Co Ltd with 43.08 percent; Teikoku Oil (Con Son) Co Ltd, 36.92 percent; and PetroVietnam, 20 percent. Speaking at the signing ceremony, PVN General Director Nguyen Vu Truong Son said the signing of trade agreements achieved after over two years of negotiations among sides involved. He said the event is very significant for the gas filed to turn out the first flow of oil and gas in the third quarter of 2020, with an estimated annual output of 1.5 billion cubic metres of gas and of 2.8 million barrels of crude oil and natural-gas condensate. The … [Read more...] about BUSINESS NEWS IN BRIEF 4/8