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G energy

/ December 25, 2020

Panasonic honored for most energy efficient products

The award is a testament to Panasonic's efforts over the years in technology development and product innovation towards saving and environmental friendliness Mr. Yasushi Kondo, Deputy General Director of Panasonic Appliances Vietnam Co., Ltd., proudly revealed, “Panasonic Corporation has set an environmental vision to 2050 as a long-term strategy for sustainable environmental management, towards the goal where energy creation exceeds energy consumption. Therefore, we are constantly developing technologies and improving products to raise electricity savings, increase consumers’ benefits, besides other activities to reduce carbon dioxide (CO2) emissions, enhance the recycling of raw materials and the efficient use of resources, and reduce the impact of chemicals in our production. ” In parallel with the development orientation of “green” and energy-saving products within the above mentioned Panasonic’s environmental vision, in 2020, Panasonic announced its new business value proposition, welcoming the 50th anniversary of Panasonic's official operation in Vietnam (1971-2021) by officially changing from Consumer Electronic Company to Wellness Solutions Providing Company, pioneering in providing human-oriented technology trends with the mission "Passion for your health and comfort", while at the same time proposing solutions to urgent social problems in order to contribute to the sustainable development of Vietnam. Over the years, Panasonic Vietnam has always strived to realize the basic business philosophy of "contribute to society" built by the Founder, not only by gradually expanding production and business activities in Vietnam, but also by pioneering in social responsibility activities focusing on education and environment, which are considered by Panasonic as the two key areas contributing to the country's sustainable development. Typically, in the annual tree planting program "Panasonic for a green Vietnam" in collaboration with the Center for Natural …

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/ March 6, 2021

Equity investment in Vietnam reaches new peak

Vietnam reports most impressive growth in financial services regionally, particularly in the banking sector Global equity investment shed 13.1 per cent in the total number of transactions and plunged 33.8 per cent in total transaction value in the first half last year, compared to the corresponding period in 2019. Within the ASEAN-5 and Vietnam, equity transactions were slowing down last year compared to a robust 2019. The number of transactions dropped from 230 cases in the second half of 2019 to 200 cases in the first six months of 2020, meanwhile, the transaction value was curtailed by more than half, from $9.15 billion to just $4.3 billion. Amid chaos and uncertainties due to the coronavirus pandemic, Vietnam’s equity investment market has set a record with 59 transactions valued at $1.14 billion, a slight increase compared to 2019. Technology has maintained its growth momentum setting a five-year record in the number of transactions. Investments have channelled into fresh tech startups which provide breakthrough solutions in retail and services, such as booking and placement of online healthcare consultation, e-commerce, and provision of recruitment and human resource platforms, among others. The scale of transactions was, however, modest as most of the ventures targeted Vietnam’s fledging tech startups. A series of sectors have been showing bright investment prospects in the beginning of 2021, including logistics, education, healthcare, technology, and renewable energies. Companies in retail and services related to breakthrough solutions were also high on the investors’ radar. For instance, the leading US equity fund Warburg Pincus poured $100 million into MoMo’s e-wallet which had 20 million users in 2019, and $130 million came from Singapore-headquartered private equity firm Northstar Group directly into Tiki’s pockets – one of Vietnam’s three leading e-commerce platforms in 2020. Vingroup, Vietnam’s top private conglomerate, …

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/ March 7, 2021

PM expects more Vietnamese multinationals to emerge by 2045

The Hanoitimes - Dialogue 2045 aims to realize the country’s desire for prosperity by 2045 as set out in the Resolution of the 13th National Party Congress. Vietnam will hold up local enterprises to transform into multinationals and give opportunities to creative and talented people to contribute to the country's socio-economic development. Prime Minister Nguyen Xuan Phuc at Dialogue 2045. Photo: Quang Hieu Prime Minister Nguyen Xuan Phuc shared his vision for Vietnam in 2045 at the “Dialogue 2045”, a conference held for the first time and set for taking place annually among business community, intelligentsias and government leaders on March 6. “25 years is long enough for the emergence of Vietnamese global enterprises,” said Phuc, adding that the Dialogue 2045 is aimed at realizing the country’s desire for prosperity by 2045. To realize this target, the cabinet leader stressed the necessity to further boost national digital transformation, at the same time improving the legal framework, for which Phuc said this would lay the foundation to spur the development of the businesses and the country in overall. In addition, Vietnam will give an opportunity to grow for any kinds of businesses, including foreign-invested companies, collective economy, or business households, in which the private sector is a major component of the economy. “There should be greater connectivity and infrastructure development for enterprises, especially more favorable conditions for them to access land resources,” Phuc noted. Prime Minister Nguyen Xuan Phuc and representatives of the business community at Dialogue 2045. Photo: Quang Hieu Other key factors for growth is to nurture quality human resources, support innovative startups and protect the living environment, Phuc continued, reiterating the government’s stance of not leaving anybody behind. “The final point is to protect Vietnamese cultural value, as losing the culture means …

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