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
Partnership business model
BUSINESS NEWS IN BRIEF 1/8
Vinh Phuc seeks investment from S Korea The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vinh Phuc provincial People’s Committee Nguyen Van Tri highlighted the province’s convenient location in Viet Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local labour force. The provincial leader reported that Vinh Phuc is now home to more than 300 foreign direct investment (FDI) projects, including many run by South Korean corporations such as Partron Vina, Haesung Vina, Bangjoo and Interflex. Several more South Korean … [Read more...] about BUSINESS NEWS IN BRIEF 1/8
Heineken Vietnam promotes business community to develop sustainably
(VEN) - Today in Hanoi, the National Conference on Sustainable Development was chaired by Prime Minister Nguyen Xuan Phuc, with the participation of Deputy Prime Minister Vu Duc Dam and over 650 representatives. The Conference agenda has reaffirmed the significant role of the business community in implementing the Vietnam Government’s 2030 Agenda for Sustainable Development and the United Nations’ Sustainable Development Goals (UN SDGs). A sustainable future for the world as well as for each nation requires unified efforts made by both State and private sectors. In Vietnam amidst the Fourth Industrial Revolution, sustainability has played an increasingly crucial role to the Government, organizations, associations and businesses. Mr. Matt Wilson, Corporate Affairs Director - Heineken Vietnam At the conference, Heineken Vietnam - the Most Sustainable Manufacturing Company in Vietnam in 2017 - shared their success story of incorporating sustainability to its … [Read more...] about Heineken Vietnam promotes business community to develop sustainably
Heineken Vietnam continues to inspire the business community
Heinekin Vietnam shared its inspiring story with the business community at a sustainability conference At the conference, Heineken Vietnam shared its success story of incorporating sustainability in its core business strategy, enhancing competitiveness and providing long-term socioeconomic benefits. Besides, Heineken Vietnam spread out its “Choosing green” commitment derived from the company’s core belief that each individual, organisation, business, and nation can proactively choose between “Grey”—a desolate future with environmental devastation and impoverished and backward communities—and “Green”—the sustainable development path achieved through the commitment to take care of people and the planet to sustain prosperity. “The private sector plays a vital role in the sustainable development of Vietnam. We appreciate the contribution of enterprises, especially Heineken Vietnam’s pioneering role in applying … [Read more...] about Heineken Vietnam continues to inspire the business community
Heineken Vietnam continues to inspire the business community in sustainability commitment and competitiveness enhancement
(VEN) - Today in Hanoi, the National Conference on Sustainable Development was chaired by Prime Minister Nguyen Xuan Phuc, with the participation of Deputy Prime Minister Vu Duc Dam and over 650 representatives. The Conference agenda has reaffirmed the significant role of the business community in implementing the Vietnam Government’s 2030 Agenda for Sustainable Development and the United Nations’ Sustainable Development Goals (UN SDGs). A sustainable future for the world as well as for each nation requires unified efforts made by both State and private sectors. In Vietnam amidst the Fourth Industrial Revolution, sustainability has played an increasingly crucial role to the Government, organizations, associations and businesses. Mr. Matt Wilson, Corporate Affairs Director - Heineken Vietnam At the conference, Heineken Vietnam - the Most Sustainable Manufacturing Company in Vietnam in 2017 - shared their success story of incorporating sustainability to its … [Read more...] about Heineken Vietnam continues to inspire the business community in sustainability commitment and competitiveness enhancement