Strengths development needs

And with the international and regional situation remaining complicated and unpredictable in 2021, businesses and investors are changing their way of thinking and taking more drastic action to overcome the difficulties. As a result, more efforts have been made to improve mobilisation and efficient use of resources. As such, according to industry insiders, a reasonable M&A strategy could be a key tool for businesses to conquer the hardship and thrive in a new normal. … [Read more...] about Long-term development commitments realised through strategic M&A moves

  Addressing the event, Head of the Party Central Commission for External Relations Hoang Binh Quan stressed the significance of the 13th National Party Congress in the development of the Party and the country. The Party Central Committee, Politburo and Secretariat are strictly supervising all the preparations for the event. … [Read more...] about Vietnam ready for 13th Party Congress

The SCSC-CME Industrial Rooftop Solar Power project is the first phase of a green energy plan between the two companies. The project will provide 1.5 million kWh of electricity annually, meeting 40 per cent of SCSC's electricity needs, saving about 15 per cent of energy costs, and reducing emissions by 1.5 tonnes of CO2 equivalents. The business will expand the second phase to achieve 100 per cent clean energy output. … [Read more...] about New energy renewable and efficiency model applied at Tan Son Nhat Airport

By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production

Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built