And with the international and regional situation remaining complicated and unpredictable in 2021, businesses and investors are changing their way of thinking and taking more drastic action to overcome the difficulties. As a result, more efforts have been made to improve mobilisation and efficient use of resources. As such, according to industry insiders, a reasonable M&A strategy could be a key tool for businesses to conquer the hardship and thrive in a new normal. … [Read more...] about Long-term development commitments realised through strategic M&A moves
Economic development planning
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
Indonesian Foreign Minister Retno Marsudi at the ceremony. Photo: Vietnam+ Meanwhile, Director General for Multilateral Affairs of the Indonesian Foreign Ministry, Ambassador Hasan Kleib said Indonesia has actively cooperated with other UN member countries over the past years. … [Read more...] about UN’s 71st founding anniversary marked in Indonesia
Agricultural sector aims to increase domestic beef production
By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production
New energy renewable and efficiency model applied at Tan Son Nhat Airport
Opening Ceremony of Industrial Rooftop Solar Energy System at SCSC - Cargo Terminal in Tan Son Nhat International Airport The industrial rooftop solar power system on the roof of Saigon Cargo Services Corporation (SCSC) has an installed capacity of 1.1MWp on an area of more than 7,500 square metres, is invested by Copper Mountain Energy JSC (CME). This is the first renewable energy project to be installed at an airport in Vietnam and the largest in the inner area of Ho Chi Minh City. … [Read more...] about New energy renewable and efficiency model applied at Tan Son Nhat Airport