Peacekeeping operations current

With its long-term vision for sustainable development, coupled with a clear implementation strategy and an effective social and environmental risk management system, VPBank has gradually become a role model of a “green” bank in Vietnam. Such progress has brought sustainable values to the bank itself as well as the community and the whole economy. Mrs. Luu Thi Thao, VPBank’s Standing Deputy CEO, shared with the Asian Business Leadership Forum (ABLF) the bank's efforts in building its Environmental, Social, and Governance (ESG) scheme. Mrs. Luu Thi Thao, VPBank’s Standing Deputy CEO In July, Moody's for the first time announced VPBank's ESG sustainability score at 2 out of 5, with 1 being the highest. Is this a testament to VPBank's long-term strategy for sustainability and building up the image of a green bank? What were the factors contributing to such a good result? With a rating at 2, out of 5 by Moody's for VPBank’s strong foundation, clear strategy and effective … [Read more...] about Sustainable finance is the way to address ESG challenges

Rainfall measured at 115 millimeters caused streams to overflow and pour down Ta Ca Commune early Sunday. Fifteen houses were swept away while others collapsed. A four-month old girl was knocked off her mother's arm. Only the mother survived. Over 50 houses in Ta Ca were flooded and damaged in slushy onslaught. Water started to recede at noon, leaving behind debris covered with rocks and clay. Flood destroyed the foundation of a house. A man walks out of a house that had a makeshift extension collapse. Several other houses like the one above were filled with mud and wreckage deposited at their front doors. Slush covers most of two motorbikes inside a house. A refrigerator lifted and placed on a balustrade to escape flooding damage. A car damaged by … [Read more...] about Midnight flood ravages district in central Vietnam

NA Chairman visits the construction site of Long Thanh Airport project. (Photo: SGGP) Deputy Prime Minister Le Van Thanh and leaders of central ministries accompanied the delegation. On the side of Dong Nai Province, Secretary of the Provincial Party Committee Nguyen Hong Linh, Chairman of the Provincial People's Committee Cao Tien Dung, leaders of the Provincial People's Committee, and representatives of local departments participated. The delegation visited the resettlement area of Loc An - Binh Son and the Long Thanh Airport construction site, then worked with leaders of Dong Nai Province and Vietnam Airlines Corporation (ACV) afterward. At the meeting, Chairman of Dong Nai Provincial People's Committee Cao Tien Dung said that the Long Thanh Airport phase 1 project has more than 5,340 hectares and so far has been recovered and handed over 95 percent of the area, of which the prioritized area of 1,810 hectares have completed the compensation and basic support plan. For the … [Read more...] about NA Chairman checks construction progress of Long Thanh Airport project

Binh Phuoc has the largest area in the southern key economic region, holds strategic geographical location as a gateway for socio-economic and cultural exchanges between the southeast, the Mekong Delta and neighbouring Cambodia. Its gross regional domestic product growth amounted to 9.01% in the first nine months of this year, higher than the country’s average and topping the southeast’s. Participants were also impressed by the province’s revenue to the State budget and recovering exports. The number of firms resuming operation doubled the shut-down ones, contributing to generating jobs to nearly 37,000 workers. Binh Phuoc also completed the provincial planning for the 2021-2030 period with a vision to 2050. In order to welcome new investment flows in the near future, the province should make thorough preparations in terms of both hard and soft infrastructure, especially information technology and digitalisation, N.A. Chairman Hue said. According to him, Binh Phuoc should focus … [Read more...] about N.A. Chairman congratulates Binh Phuoc on achievements

The first sample of chip made by FPT semiconductor. — Photo courtersy of FPT Viet Nam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry. Through the new subsidiary, FPT Software aims to gain a slice of Asia Pacific’s semiconductor market which accounts for 60 per cent of global sales. FPT Semiconductor released its first integrated circuits (ICs), designed in Viet Nam and manufactured in South Korea, in August 2022. These ICs will be used in Internet of Things (IoT) medical devices. By 2023, FPT Semiconductor plans to supply 25 million chips globally in seven types to meet diverse needs in telecommunications, IoT, automotive technology, energy, electronics, and others. According to a Technavio report, Viet Nam's semiconductor industry is estimated to exceed US$6.16 billion by 2024. FPT Semiconductor aims to become a supplier of Vietnamese brand chips for … [Read more...] about FPT Software produces made in Viet Nam chips

Molex's manufacturing plant in Ha Noi. — Photo courtesy of the company Molex, a global electronics leader and connectivity innovator, is expanding its existing manufacturing operations in Ha Noi to include a new 16,000 square metre facility, the company has announced. The company expects the expansion will support over 200 new jobs in advanced high-tech manufacturing. Molex opened its first facility in the country in 2007. The expansion will help support the growing demand for its products that are used in many different applications, which include smartphones, TVs, home appliances, test equipment and medical devices, the company said in a statement. “Molex has operated in Viet Nam for 15 years and this expansion represents our long-term commitment to the country and the community,” said Joe Nelligan, CEO of Molex. “Expanding our manufacturing footprint in Ha Noi gives us added capability and capacity in the Asia Pacific region as we plan to grow with our customers and … [Read more...] about Molex expands its manufacturing plant in VN

An investor watching stock movements on his smartphone and laptop. — Photo nld.com.vn Investors went through a turbulent week as the VN-Index reported the biggest weekly fall since May. Analysts said that in the current environment, financial markets are very likely to continue revaluing. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index ended the last session of September at 1,132 points, up 0.54 per cent. However, it had lost 12 per cent last month and more than 24 per cent in 2022. The HNX-Index on the Ha Noi Stock Exchange (HNX) closed last week at 250.25 points, an increase of 0.34 per cent. For the week, both benchmarks posted big falls, of which the VN-Index dropped 5.9 per cent and the HNX-Index plummeted 5.4 per cent. Trading value on HOSE rose 12.8 per cent over the previous week to nearly VND68.3 trillion (US$2.86 billion), equal to a trading volume of more than 2.8 billion shares, up 18.1 per cent. Meanwhile, the trading value on HNX declined by 1.2 per … [Read more...] about Market likely to continue to correct this week