In 2017, to enhance the role and the responsibility of private enterprises, the Government issued Resolution 98/NQ-CP dated October 3, 2017 on the action program to implement the Party’s Central Committee’s Resolution 10-NQ/TW dated June 3, 2017 on the development of the private sector economy to an important driver of the socialist oriented market economy. Later, the Politburo issued Resolution 50-NQ/TW dated August 20, 2019 on foreign investment. These are two important documents, which need coordination for synchronous implementation to rectify the shortcomings in FDI attraction and to develop the private sector economy for alliance with FDI to bring about the best benefit for the country. … [Read more...] about Private sector development to enhance FDI efficiency
Global emerging market fund
An overseas Vietnamese: Covid-19 infected, in lockdown and the desire to fly back home
I just want to say that the physical pain is really terrible when being infected by a kind of virus that just “as harmful as seasonal flu”, like the British had previously thought. Even with me – a very healthy person without any underlying illnesses; non-smoking; do exercise and play sports regularly- the health is till severely affected by coronavirus infection. Somehow, I felt extremely impotent. … [Read more...] about An overseas Vietnamese: Covid-19 infected, in lockdown and the desire to fly back home
Supermarket coalition expected to help cut use of plastic bags
Hanoi (VNA) – An initiative to form a supermarket coalition is being developed with the support of the EU and the German Government, aiming to reduce the use of plastic shopping bags and protect the environment. According to Fanny Quertamp from Expertise France, the project is a chance for Vietnam to take specific action to cut plastic waste, and she expressed her hope that the project will receive the active engagement of supermarkets around the country. As part of efforts to implement the initiative, Hanoi is working with relevant agencies towards the formation of the coalition. The city has received support from local supermarkets. A representative from Lotte Mart Ba Dinh said that foreign customers strongly support the scheme and are willing to pay for environmentally-friendly shopping bags. Many Vietnamese customers, however, are not happy, so stronger communication campaigns are needed to raise public awareness. A BigC representative said the scheme should be introduced … [Read more...] about Supermarket coalition expected to help cut use of plastic bags
URC Vietnam accelerates green turn
This year, URC Vietnam has received the Corporate Sustainability Index (CSI) award for the second consecutive year. What new initiatives and achievements in 2019-2020 allowed the company to maintain its position? Company CFO Alvin Geronimo URC Vietnam embarked on the sustainable development journey several years ago and this year has been particularly rewarding as we have achieved many significant milestones on our way to our sustainable development goals. Specifically, in 2019, URC Vietnam and 12 partners founded Packaging Recycling Organization Vietnam (PRO Vietnam) – an alliance for recycling packaging waste toward a circular economy model. … [Read more...] about URC Vietnam accelerates green turn