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Steelmakers must act now in CBAM entry

September 21, 2023 by vir.com.vn

GHG emissions inventories will cause a considerable challenge for the steel industry, photo Le Toan From October 1, steel companies exporting to the EU must adhere to the EU’s Carbon Border Adjustment Mechanism, starting with greenhouse gas (GHG) emissions reporting and reduction. At the training for steel manufacturers on GHG accounting and emissions mitigation, held on September 12 by the International Finance Corporation (IFC) and the Vietnam Steel Association (VSA), experts discussed industrial carbon reduction technologies and provided insights into opportunities and challenges related to carbon trading. As one of the fundamental industries in Vietnam, the steel industry serves as a primary input for various sectors such as construction, shipbuilding, automotive, mechanics, and others. According to information from the VSA, Vietnam exported approximately 8.397 million tonnes of steel last year, representing a 35.85 per cent decrease compared to the same period the … [Read more...] about Steelmakers must act now in CBAM entry

Filed Under: Corporate steel, steel industry, Steelmakers, greenhouse gas, Corporate, ...

German press: Vietnam is a fascinating travel destination

September 21, 2023 by hanoitimes.vn

The travel news site Reisereporter has just published an article that highlights some of the famous tourist destinations and landscapes in Vietnam, including Hanoi. In the article titled “Vietnam: You shouldn’t miss these sights”, www.reisereporter.de suggests tourists to visit some hidden "treasures" and undiscovered natural wonders in this wonderful country in the Southeast Asia region, in addition to popular tourist attractions. A Vietnamese girl in her charming ao dai (long dress) and non la (conical hat) walks through the Thang Long Imperial Citadel. Photo: Yeu Ha Noi According to Daniel Schramm, staff writer for www.reisereporter.de , Vietnam is a fascinating destination with a wide variety of sights and experiences. From historic cities like Hanoi and Hue to stunning natural landscapes like Halong Bay and Sapa to culinary adventures in street kitchens and markets, the country offers something for every taste. Vietnam's … [Read more...] about German press: Vietnam is a fascinating travel destination

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Friendly LGBT community destinations in Vietnam

September 23, 2023 by hanoitimes.vn

While discrimination remains a barrier for the LGBT community around the world, four destinations in Vietnam have just been recognized as friendly to this community. Vietnam is one of the first countries in Southeast Asia to legalize same-sex marriage and recognized transgender rights in 2015. This has demonstrated the government's openness and helped Vietnam become an attractive market for the LGBT community . Vietnam has always been friendly to the LGBTIQ+ community. Everyone should be free to be themselves, no matter who they are, where they live, and who they love. Photo: Adrian Anh Tuấn As part of its mission to make it easier for everyone to experience the world, no matter who they love or how they identify, and in celebration of Pride 2023, Booking.com is highlighting four LGBTQ+-friendly destinations in Vietnam. From vibrant capital cities to tropical beach retreats, these havens encourage LGBTQ+ travelers to express themselves freely. Cam Ranh … [Read more...] about Friendly LGBT community destinations in Vietnam

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CMSC navigates reforms and challenges at SOEs

September 26, 2023 by vir.com.vn

Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs

Filed Under: Uncategorized CMSC, soes, SOE, PVN, vinacomin, State Capital Management, Corporate, State Capital..., soe reform china

SOEs urged to create momentum for the economy

September 27, 2023 by bizhub.vn

Workers of Việt Nam Electricity (EVN) - a State owned enterprise, check on a power station. — Photo courtesy of EVN State-owned enterprises (SOEs) need to undertake big, difficult, and new tasks to create momentum for economic development, leaving space for the development of private enterprises in other fields. Đỗ Thành Trung, Deputy Minister of Planning and Investment, made the statement at a seminar titled “State capital management in enterprises: Looking Back and Moving Forward” held in Hà Nội on Tuesday. Although SOEs only account for a small proportion of the economy, they hold many important resources for the country's socio-economic development, according to the deputy minister. During nearly 40 years of Đổi mới (Renewal), the Vietnamese business community in general and SOEs in particular have made unremitting efforts, overcoming many difficulties and challenges, continuing to affirm their leading role in steering the economy. SOEs are also a sector that constructs … [Read more...] about SOEs urged to create momentum for the economy

Filed Under: Uncategorized SOEs, State-owned enterprises, News

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