Lux Travel DMC has solidified its position as one of the global leaders in sustainable tourism with the prestigious Travelife Certified Sustainability Award 2025.
Vietnam's real estate sector is grappling with significant challenges as it struggles to raise funds through bonds and faces looming maturity pressures in the latter half of 2024.
Traditionally relegated to a mere fraction of banks' annual reports, sustainability reporting has undergone a notable shift, with many banks now unveiling standalone sustainability reports.
Real estate sector bonds account for a major trunk of corporate bonds due for redemption this year.
The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.
According to Dragon Capital, the issuance of bonds this time is considered a necessary measure to moderate exchange rate fluctuations, rather than indicating a shift in monetary policy.
TMG's sustainability manager Mallory Ewer-Speck talks about how the company has worked to become the country's first hospitality group to achieve the prestigious Travelife Gold Certification for its hotels and resorts.
It is the first local currency sustainability-linked bonds of Vietnam, issued by two subsidiaries of BIM Group, a multi-sector corporation in Vietnam.
Frustrated by inconsistent government policy, companies in the APAC region are taking the lead and calling for intercompany coalitions to advance sustainability goals.
Shifting to green economy and green growth will help businesses increase their competitiveness and catch up with trends on the domestic and foreign markets.
As more consumers become aware of environment safety and the concept of circular economy becoming more influential in Vietnam, enterprises need to switch to packaging that meets sustainability requirements and is easily recyclable to stay competitive.
Zero emissions, zero waste, and zero inequality are what make Verena Siow, president and managing director of SAP Southeast Asia proud of the development journey of the German software giant over the past 50 years.
As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.
An authentic commitment to sustainability has benefits for both the revenues and talent retention strategies of manufacturers and brands, creating a positive cycle where the organisation answers the sustainability concerns of employees.
