How can the logistics industry adopt global best practices offered by SLP? SLP is part of GLP, a global entity engaged in the creation, ownership, development, and operation of logistics real estate, spanning 17 countries across the globe. We emphasise the continuous pursuit of learning and investment to foster growth and enhance the efficiency of the logistics industry. Edwin Chee, COO of SLP Vietnam SLP excels in providing modern pre-built logistics facilities strategically positioned at key hubs. These state-of-the-art facilities, designed to meet the specific demands of various industry from manufacturing to retail and e-commerce enterprises, adhere to high standards and offer adaptable layouts that can expand as needed, optimising supply chain efficiency and seamless goods circulation. Furthermore, SLP’s commitment to custom-tailored solutions ensures that each tenant’s unique operational needs are met through facilities custom-designed and constructed to … [Read more...] about Applying global practices to Vietnam
Closed door vs open door fire
Defining SOE priorities vital
Do Thanh Trung, Deputy Minister of Planning and Investment Although SOEs account for a small proportion of the economy, they hold significant resources for the nation’s socioeconomic development, playing a core and vital role in building and safeguarding our homeland in a new context. The significant growth of SOEs contributes to socioeconomic development and serves as an effective tool for macroeconomic regulation, price stabilisation, social security, national security, and sovereignty, especially in border and island areas. SOEs are vital in building and developing essential economic infrastructure and leading industries to drive economic growth, especially in a context where the private sector has not yet fully grown and lacks the capability to perform better. Despite the positive results achieved, the activities of SOEs, especially investment activities, still have some existing limitations. Firstly, SOEs are slow to adapt to the new era, and their roles in … [Read more...] about Defining SOE priorities vital
Public investment as catalyst for Vietnam’s economic recovery in 2023: ADB
Accelerated government spending is expected to boost demand in the remaining months of the year. ADB’s Principal Country Economist Nguyen Ba Hung shared his thoughts on Vietnam’s economic performance and its prospects for 2023 with The Hanoi Times. ADB’s Principal Country Economist Nguyen Ba Hung. What is the primary obstacle confronting Vietnam's economy for the remainder of the year? In the first half of 2023, Vietnam experienced a slowdown in GDP growth, with growth projected at only 3.7% compared to the positive momentum seen last year, when GDP grew 6.5% in the first half and 9.5% in the second half, resulting in an annual growth rate of 8% for the whole of 2022. One factor contributing to GDP growth in recent years has been public investment's sustained and steady growth. However, significant internal challenges have emerged during the Covid-19 pandemic. Vietnam's economy heavily relies on exports and foreign direct investment (FDI) … [Read more...] about Public investment as catalyst for Vietnam’s economic recovery in 2023: ADB