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Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

According to research by the World Health Organization, for every $1 spent on early childhood development interventions, the return on investment can be as high as $13. Therefore, investing in the development of the younger generation is a cost-effective way to promote shared prosperity, economic growth, and expand equal opportunities. Shinhan Life aims to build a sustainable future for the next generation of Vietnam Sharing this common perspective, Shinhan Life has been integrating business development with social responsibility since its inception in the Vietnamese market. In addition to charity programmes and support for the basic needs of underprivileged children, the company has collaborated to implement long-term educational programmes aimed at comprehensive child development, enabling them to lead fulfilling lives and become valuable citizens for society, thus promoting Vietnam's sustainable future. Supporting nearly 19,000 in treatment costs for … [Read more...] about Shinhan Life promotes sustainable development for future generation of Vietnam

At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production

In a conversation with Guo Yonghang, Secretary of the Guangzhou Party Committee and Mayor of the Guangzhou Municipal Government prior to the signing ceremony, Dung hailed the role of Guangdong province and Guangzhou city as a leading locality in high-quality development and a hub for the pilot of many new policies, including the policy to renovate the development, urban management, and special economic zone models. Guo highlighted the similarities between Hanoi and Guangzhou in culture, trade and tourism as well as the development of the partnership between the two cities, especially in trade and investment. He expressed belief that the Hanoi delegation’s visit, especially the meeting between Dung and Huang Kunming, Secretary of the Guangdong Party Committee, on September 25, has made an important milestone in the Hanoi - Guangzhou relations. The Guangzhou Mayor suggested that the two cities further increase the exchange of experience in urban management and tourism promotion. He … [Read more...] about Hanoi fosters partnership with China’s Guangzhou city

It was part of activities marking the 50th anniversary of the countries’ diplomatic ties and the 10th anniversary of their strategic partnership. Nguyen Thai Dung, Vice Chairman of the friendship association, said Vietnam’s tourism sector has actively participated in many international cooperation activities, including in tourism, with France and obtained encouraging results. The seminar was an occasion for travel companies to review tourism cooperation results, explore the countries’ tourism potential, examine obstacles to tourism development, and propose policies for fostering tourism links, thereby helping make breakthroughs in economic partnerships and popularize images of the two countries and their capital cities among businesses in the sector, he noted. Vice Chairman of the Hanoi Tourism Association Le Ba Dung said the number of visitors from France, an important market of Vietnam’s tourism, to the Southeast Asian country as well as Hanoi has been increasing. However, the … [Read more...] about Hanoi seminar looks to reinforce tourism links with France