The development of supporting industries has yet to catch up with the growth and demand of FDI enterprises, as Vietnamese enterprises are mainly micro, small and medium businesses short of capital and technology, so they cannot meet the requirements to produce components and parts of the main products, especially those which require hi-tech investment; the training of high-quality manpower for the supporting industries is still inadequate and weak; and though policies to develop the supporting industries are available, enterprises are generally let to manage by themselves. Private enterprises qualified for spearhead areas of the supporting industries have not yet been selected to develop links in the global supply chain in Vietnam. Though State-owned enterprises hold huge assets of the country, most of them are unable to build links in the global supply chain in Vietnam. … [Read more...] about Private sector development to enhance FDI efficiency
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URC Vietnam accelerates green turn
URC Vietnam as part of PRO Vietnam has the ultimate goal of building a circular economy in Vietnam in which all of our packaging is recycled. We are working to put guidelines on our C2 bottles to help consumers understand and segregate waste properly. Besides, recognising the importance of educating the youth, URC has organised the “Save the environment together with URC Knights” campaign at hundreds of elementary schools in Vietnam to teach children about waste segregation. … [Read more...] about URC Vietnam accelerates green turn
Australian Open to plough ahead despite players’ quarantine anger
MELBOURNE -- Australian Open tournament director Craig Tiley has confirmed the year’s first Grand Slam will go ahead from Feb. 8 despite anger from players forced into hard quarantine in Melbourne due to positive COVID-19 cases on their charter planes. … [Read more...] about Australian Open to plough ahead despite players’ quarantine anger
Netherlands ready to support HCMC in projects against flooding
At the meeting, the city leader expressed his pleasure at good friendly and cooperative relations between Vietnam and the Netherlands, especially since the establishment of the diplomatic ties in 1973 and strategic partnership relations in water management and climate change adaptation in 2010. The Netherlands is currently the major trading partner and the eighth largest foreign investor of Ho Chi Minh City with 153 projects having the total investment capital of nearly US$2 billion. On the base of the desire to strengthen the mutual cooperation in the fields of climate change adaptation and sustainable agricultural development, HCMC has made efforts to materialize the potential cooperation, notably the public-private partnerships (PPP) initiative for the Sustainable Greater Ho Chi Minh City Flood Protection Scheme. As for Mr. Elsbeth Akkerman, she highly appreciated achievements of Ho Chi Minh City in the fields of urban infrastructure and public transport development. … [Read more...] about Netherlands ready to support HCMC in projects against flooding