School model on disaster management

A worker checks wind direction and speed at the Lang Son Hydro Meteorological Station. (Photo: VNA) Hanoi (VNS/VNA) - Natural disasters are becoming more unpredictable and extreme due to climate change, causing more extensive damage to people and property. In Vietnam, since the beginning of this year, natural disasters have been increasingly irregular, with unseasonal rains and flooding accompanied by thunder storms , strong winds and storms. From March 30 to April 2, heavy rain in the central region caused widespread damage, especially to agricultural production. From April 15 to 28, 41 earthquakes were recorded in Kon Plong district in the Central Highlands province of Kon Tum. In April, May and mid-June, prolonged downpours pushed water levels in the north to historic highs. Such torrential rain has led to landslides and flash floods in mountainous areas, as well as flooding in urban areas and industrial zones, especially in Hanoi, Vinh Yen, Bac Ninh and Bac … [Read more...] about Vietnam improves forecasting in face of natural disasters

Illustrative image (Source: VNA) Hanoi (VNA) – The Central Institute for Economic Management ( CIEM ) in collaboration with the Embassy of Denmark in Vietnam hosted a launch workshop for a report on “Circular Business Models: International Experience and Application in Vietnam” in Hanoi on August 19. The event announced the findings of a study on the current status of circular business models and recommendations to facilitate the development of these models in Vietnam. Discussions focused on the importance of circular business, international experience in developing circular businesses and the current situation of this type of business model in Vietnam. A number of recommendations were also put forward to improve the regulatory framework. Addressing the workshop, CIEM Deputy Director Nguyen Hoa Cuong said numerous Vietnamese enterprises have shifted to circular business models in accordance with regulations and policies in support of sustainable development, for … [Read more...] about CIEM launches report on circular business models

While 2020 was one of the warmest years on record globally, Vietnam has just gone through another historical year of climate extremes. Last November was also decisive for the future of the planet as countries officially submitted their climate pledges at the COP26 climate summit. Dao Xuan Lai, head of Climate Change and the Environment at the United Nations Development Programme (UNDP) in Vietnam We see a skyrocketing demand for natural resources while witnessing the collapse of functioning ecosystems. You only need to drive a couple of hours outside of Hanoi towards Ninh Binh province with its iconic limestone clasts, synonymous with the beauty of northern Vietnam, to see these emblematic features being devoured by machinery to be used for stone mining and cement production. By 2050, global demand for materials such as plastics, steel, or cement is projected to increase by a factor of 2-4. More than 50 per cent of the world’s emissions can be traced back to our … [Read more...] about Partnerships key to green transition

A workshop on digital skills education at schools in Vietnam takes place in Hanoi on August 19. (Photo: giaoducthoidai.vn) Hanoi (VNA) – More than half a million students across Vietnam have been taught critical digital skills and how to stay safe on cyberspace over the last three years, according to a report by the Vietnam National Institute of Educational Sciences (VNIES). The report was announced at a workshop on digital skills education at schools in Vietnam jointly held by the VNIES, the Vietnet Information Technology and Communication Centre (Vietnet-ICT) and Meta – Facebook’s parent company – in Hanoi on August 19. The hybrid event attracted some 380 participants, about 300 of whom were attending via teleconference. In his opening remarks, VNIES Director Prof. Le Anh Vinh underscored the increasing importance of digital skills education today since the robust evolution of technology is impacting every aspect of life and changing the ways people teach and learn. … [Read more...] about Half a million Vietnamese students taught digital skills, Internet safety

Vietnam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the U.K. from August 10 to 15, Politburo member and Head of the Party Central Committee’s Economic Commission Tran Tuan Anh said that Vietnam had set strategic goals in digital transformation, digital economy and green energy conversion to achieve rapid, sustainable and inclusive growth and net zero carbon emissions as well as adaptation to the Fourth Industrial Revolution (Industry 4.0). The two countries had established a solid relationship framework, especially with the UKVFTA which came into force more than a year ago, he said, emphasizing many similarities in priority development goals. “Similarities in priority development goals create a very important foundation to boost the bilateral relations, especially in areas where the U.K. has strength in and Vietnam has … [Read more...] about UKVFTA promotes cooperation in digital transformation, energy transition

At the 2022 Emart Partners Day in Ho Chi Minh City last week, which was attended by more than 500 suppliers, THACO chairman Tran Ba Duong said the chain aims to have 20 stores across the country and revenues of $1 billion by 2026 to become the hypermarket chain with the largest market share in Vietnam. Local retail market share battle heats up, illustration photo THACO is one of the largest private groups in Vietnam in the automobile industry with nearly 25 years of experience. In addition to the core business, it also expanded into the retail sector after completing the acquisition of South Korea’s Emart Inc’s business in Vietnam in September last year. “The Emart Go Vap hypermarket soon became a top supermarket in Vietnam in terms of revenues and number of customers, reaching $69.5 million in revenue in 2021. Thus, it is not too ambitious to set the goal of $1 billion for 20 supermarkets,” explained Duong. Before being part of the THACO ecosystem, Emart has … [Read more...] about Local retail market share battle heats up

Recognition to sustainable development mission Unilever Vietnam believes that sustainability drives the superior performance. Therefore, since the first days in Vietnam from 1995 until now, the company has constantly integrated sustainable development into all business strategies and activities through protecting the environment, improving people’s health and living conditions. This makes Unilever Vietnam become one of the businesses recognized at the “Corporate Sustainability Awards” by Nhip Cau Dau Tu Magazine. The awards aim to honor businesses who proactively implement sustainable development strategies, commit to green growth and deliver corporate social responsibilities to the community. Unilever Vietnam receives the Corporate Sustainability Awards Unilever Vietnam pioneers in several environmental initiatives to tackle plastic waste and climate change issues. Unilever, cooperating with the Ministry of Natural Resources and Environment, has built and led … [Read more...] about Unilever Vietnam receives two prestige awards

It is the fourth year in a row that Unilever Vietnam has received HR Asia Awards Focusing on people development With a survey on 46,270 employees from 622 businesses in Vietnam, the award is a meaningful gift for the relentless efforts of all Unilever employees over the past year. Moreover, the award reasserts Unilever's leading position in attracting and developing talent while building an agile, dynamic, friendly, and professional working environment. Unilever takes pride in maintaining its employee engagement metrics even during the difficult time of the pandemic. Trinh Mai Phuong, head of Human Resources at Unilever Vietnam said, “We have committed to developing a generation of young Vietnamese leaders with a vision towards sustainable, future-fit development. Going through a difficult time due to the pandemic, we have realised that people are the most valuable asset of the business. Therefore, we will always focus on personal development with equity and agility, … [Read more...] about Unilever among Best Companies to Work for in Asia

During the working session, the commanding officer of the Dak Lak provincial Border Guard Command briefed the delegation on the province’s borderline situation and the command’s task performance in border management and protection and combat readiness posture. For her part, Vice State President Vo Thi Anh Xuan hailed the positive outcomes gained by Dak Lak border guards and the station, especially in safeguarding national sovereignty and border security, implementing external affairs in border areas and COVID-19 prevention and control work, contributing to building a shared border of peace, friendship, cooperation and development. In the coming time, the state official required the Dak Lak provincial Border Guard Command to follow the borderline situation to give advice to the local authorities in a timely manner and to carry out effective policies. Meanwhile, the command and local authorities should pay more attention to caring for the material and spiritual life of border … [Read more...] about Vice State President visits Buon Don district

There have not yet been many mega deals involving Japanese investors on a par with pre-pandemic levels. What factors are currently affecting Japanese M&A trends in Vietnam? Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd. First of all, deals as large as VPBank’s sale of its stake in FE Credit to Japan’s Sumitomo Mitsui Financial Group do not occur frequently. In fact, the M&A story in Southeast Asia is largely written by mid-cap companies rather than the large ones, as the region is home to a significant number of companies with enterprise values between $50 million and $500 million. The same is true in Vietnam, where middle market M&A has been a major driver of deal activity. Many smaller Vietnamese enterprises have proven resilient and successful in the face of recent global crises, and they have become desirable acquisition targets. As borders reopened, we got off to a solid start this … [Read more...] about Assessing Japanese M&A deals in a turbulent period