Key players

The report aligns with the United Nations 17 Sustainable Development Goals and covers all company’s markets “This sustainability report marks an important milestone in our journey as a responsible, inclusive business, that has ESG principles firmly embedded in its values and DNA,” said Jean-Pascal Duvieusart, CEO at Home Credit Group. “I would like to thank all our employees, who continue to demonstrate creativity, passion, and dedication in everything they do. They are living proof that when ESG is consciously embedded in our culture and mindsets, real change happens,” Duvieusart said. Jiri Smejc, CEO of PPF Group and chairman of the board of Home Credit Group said, “Fairness to customers, employees, and communities has always been part of our DNA. It is who we are. ESG principles now give us a tool to show our responsible business practices in a formal, comprehensive way. And I am proud that we can already count a number of milestones on our ESG journey.” Digital … [Read more...] about Home Credit publishes its 2021 Sustainability Report

NA Chairman Vuong Dinh Hue met with Prudential’s leaders, led by chairwoman Shriti Vadera, Mark FitzPatrick, Interim Group CEO, and Phuong Tien Minh, CEO of Prudential Vietnam, during his official visit to the UK. Source: VNA/VNS Photo: Doan Tan Prudential has put its focus on building a resilient business to provide the best services to customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening its capital markets and harnessing new technology to increase financial inclusion. Shriti Vadera, chair of Prudential said, “The world still faces significant economic headwinds, but we are optimistic about the year ahead – and I know the same is true of the Vietnamese economy, with the very robust 5-per-cent growth figures for the first quarter of 2022, given the wider conditions." Talking to Prudential chairwoman Vadera, the NA0 leader congratulated the firm on … [Read more...] about NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

Trade promotion plays a key role for the dairy sector How has the dairy sector recovered from the pandemic? Despite the prolonged pandemic, the domestic dairy market still reached VND113.7 trillion in revenues in 2020 and VND119.3 trillion in 2021. The country produced about 1.77 billion liters of fresh milk in 2021, up 4.5 percent compared to 2020, while powdered milk volume saw positive growth of 13.1 percent year-on-year to 151,500 tonnes. Vietnamese dairy businesses have strengthened trade promotion activities and sought export markets. Currently, Vietnamese dairy products are available in 50 countries and territories. In 2021, the sector had a turnover of nearly US$300 million. Milk is a special product and export markets always put quality at the top. Therefore, Vietnam’s milk and dairy product exports to foreign markets are considered a great success. Tran Van Trung, chairman of the Vietnam Dairy Association What are the opportunities for the dairy … [Read more...] about Dairy sector milks trade agreements for greater opportunities

Vietnam remains supportive and would serve as the bridge for the UK to expand its partnership with ASEAN, calling for the UK parliament to support ASEAN’s central role in the region, as well as Vietnam’s stance on regional security issues. Vietnam and the UK are seeking closer relations at a time when the bilateral strategic partnership has been at its best with strong progress in all spheres. Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle. Source: VNA The view was shared during a meeting between Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle in London today [June 29]. According to Hue, trade and investment cooperation between the two countries has benefited from the UK-Vietnam Free Trade Agreement (UKVFTA) that took effect in early 2021. Hue expected both sides to continue taking advantage of the deal to boost bilateral trade … [Read more...] about Vietnam, UK seek closer relations

Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth  by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam

UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023

Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, U.K. Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-U.K. Strategic Partnership, as well as great chances for both sides to bolster their ties from the U.K.-Vietnam Free Trade Agreement (UKVFTA). He underlined that both sides should optimize advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favorable conditions for enterprises of both sides to explore each other’s market and foster connection, thus striving for a trade value of over USD 10 billion by 2023. Thanh affirmed Vietnam's high political determination in realizing commitments made at the … [Read more...] about N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade

The national conference in Hanoi on June 30 (Photo: VNA) Hanoi (VNA) – The Politburo held a national conference in Hanoi on June 30 to review the fight against corruption and negative phenomena during 2012 - 2022 and identify orientations for the work in the time ahead. The hybrid event saw the presence of Party General Secretary Nguyen Phu Trong, head of the Central Steering Committee for Corruption and Negative Phenomena Prevention and Control; President Nguyen Xuan Phuc; Prime Minister Pham Minh Chinh; along with key officials of central agencies and the 63 localities. At its fifth session in May 2012, the 11th-tenure Party Central Committee decided to establish the National Steering Committee for Corruption Prevention and Control under the Politburo which is chaired by the Party General Secretary so as to ensure comprehensive leadership over the corruption combat nationwide. On September 16, 2021, the Politburo issued Regulation No. 32-QD/TW that expands the … [Read more...] about National conference reviews 10-year corruption fight

The system is making steady progress towards transiting to launch by around Pi2 Day - June 28, the development team announced on the Pi Network app last Tuesday. Since Monday night, Pi miners in Vietnam have started to wait for the transition. Many claimed to be business owners and said they will accept the token as a payment method as soon as the coin can be exchanged. Pi and other cryptocurrencies are not legal tender in Vietnam, Dao Minh Tu, the deputy governor of the State Bank of Vietnam, has said. Huynh Tan of HCMC said he has signed in the app to earn rewards every day for the last three years. "I have joined the project since its beta stage. Now it is about to enter the mainnet stage, so I hope to be able to exchange Pi for money or something." He said prices of thousands dollars is "very unlikely" as there are 100 billion tokens, but the ‘consensus price’ may be of any number. A poll on a Pi group found 75 percent of nearly 3,400 users believing in a ‘consensus … [Read more...] about Pi miners anxiously await monetization

One Mount is the only enterprise in Vietnam to receive a global award from Google Cloud For the past year, One Mount and Google Cloud have worked together to build the largest technology ecosystem in Vietnam. The strategic collaboration sees One Mount leveraging Google Cloud’s open, scalable, secure-by-design, and carbon-neutral infrastructure and services across the Group’s core lines of business in retail and real estate – including products and services like VinShop, VinID, and OneHousing. With VinShop as the local market leader in online and technology-enabled grocers, One Mount has integrated solutions from Google Cloud to digitalise and modernise the entire fast-moving consumer good supply chain in Vietnam. The move has brought great value and solved key pain points for multiple stakeholders, from manufacturers and distributors to grocers and customers. VinShop owns a modern warehouse system, managed and operated by technology The integration has been … [Read more...] about One Mount honoured by Google as Best Partner in Supply and Logistics