The State budget spent about 18 trillion VND (779.69 million USD) implementing social assistance policies for the elderly in the community. Specifically, more than 1.8 million elderly people received monthly allowances, over 1.4 million enjoyed allowances as national contributors, and 3.1 million are enjoying pensions and social insurance benefits. In addition, 12.1 million senior citizens currently have health insurance cards. … [Read more...] about VIETNAM NEWS JANUARY 18
Vietnam economy growth
Long-term development commitments realised through strategic M&A moves
SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves
New energy renewable and efficiency model applied at Tan Son Nhat Airport
In Ho Chi Minh City, especially in the inner city, there are very few enterprises with large roof areas like SCSC to deploy and install rooftop solar panels while electricity demand in the inner city (especially in Tan Binh district and the airport area) is very high, putting pressure on the city’s grid. Another plus point for this project is the emphasis on the "green economy" development model of Vietnamese enterprises for international visitors transiting and staying at Tan Son Nhat International Airport. … [Read more...] about New energy renewable and efficiency model applied at Tan Son Nhat Airport