The German development cooperation agency GIZ and Decathlon have launched a joint initiative to improve the environmental performance of the garment and textile supply chain in Vietnam.
With a total committed fund size of up to $60 million, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners.
43 per cent of European companies in Vietnam plan to increase their investment in the first quarter of 2022, 2.5 times as high as the figure of the third quarter of 2021.
The business community will be a main driver in economic transformation towards more green and sustainable one.
A dearth of Chinese tourists, historically accounting for one-third of total arrivals, also suggests that the near-term boost of Vietnam’s tourism maybe muted.
European business leaders in Vietnam are more optimistic about the country’s business environment following the ending of lockdowns and the ‘new normal’ of post-pandemic trade and investment.
Renewed expansions were seen for output, new orders and purchasing activity, while business confidence jumped higher, according to the latest manufacturing purchasing managers' index (PMI) survey.
The groundbreaking ceremonies of a series of four key projects worth over $12 billion in total were launched on October 24 as part of Quang Ninh's aspiration for social-economic development in the context of the Covid-19 pandemic.
Managing used plastic as a valuable resource provides a sound business case for scaling up recycling and other plastic circularity efforts, while promoting sustainable economic development, according to IFC – World Bank study.
Helping ease logistics constraints, continued testing and vaccination and encouraging labor mobility should be priorities, according to World Bank’s recommendations.
