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
Economic development board
VIETNAM NEWS JANUARY 18
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
UN’s 71st founding anniversary marked in Indonesia
Tens of millions of Indonesians have enjoyed a better life thanks to UN programs, he said, citing that as of 2014, up to 96 percent of the Indonesian population escaped from poverty and the literacy rate in the country reached nearly 100 percent. … [Read more...] about UN’s 71st founding anniversary marked in Indonesia
VN-Index ends in the red as bluechips sink
While the VN-Index sank, the HNX-Index of the Hanoi Stock Exchange added 2.23%, or 5.04 points, to end at 230.5 points, with 131 stocks winning and 93 others losing. There were more than 155.6 million shares worth some VND2.3 trillion changing hands on the northern bourse. … [Read more...] about VN-Index ends in the red as bluechips sink