The company expects net revenue in 2023 of $702 million to $775 million, a year-on-year increase from 6 to 17 per cent.
2022 marks the first year the revised Law on Environmental Protection (LEP) 2020 came into effect, and also the first year Vietnam has lots of drastic actions to realise its commitments to bring net emissions to zero at COP26.
The partnership between Charge+ and CapitaLand Development is aimed to contribute to Vietnam’s goal to achieve net zero emissions by 2050.
At the conference to kick off the National Action Plan on circular economy, UNDP Viet Nam resident representative Caitlin Wiesen shared some recommendations for Vietnam to drive forward a circular economy for net zero.
Companies in different economic sectors has shown a strong shift towards sustainable development, paving the way towards the realisation of Vietnam's net zero targets by 2025.
In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging up to $12 billions of direct and indirect sustainable financing for Vietnam, and the corporate sector in Vietnam by 2030.
Vietnam has a rather similar export manufacturing capacity with China and this is helping the nation take over some of China’s key export items to the US as the US-China trade war is escalating, according to Fiingroup.
The number of individuals with a net worth of $1 million to $30 million in Vietnam is expected to increase by ten per cent per year.
With 41 per cent of the population aged within the golden demographic and the rapid increase in high net worth individuals’ and middle-class families, Vietnam is becoming a fertile land for foreign investors to jump in education projects as regulations are stimulating.
After being raised doubts over the price transfer, Suntory PepsiCo Vietnam has recorded an impressive business delivery of over $150 million in net profit in recent years.
Vietnam is expected to rank first in the top ten APEC destinations to receive a net increase in cross-border investment over the next 12 months, slightly ahead of China, Indonesia and the United States.
Net profit at the four Samsung subsidiaries in Vietnam reached VND70.7 trillion (US$3.2 billion) in the first half of the year 2017.
