New alliance pushes ESG standards for Vietnamese businesses
A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.
Vietnam's manufaturing PMI increased to 53.3 in September, up from 51.8 in August.
The Nikkei released the Manufacturing Purchasing Managers' Index (PMI) in September of Asian countries including Vietnam.
Accordingly, Vietnam's PMI increased to 53.3 in September, up from 51.8 in August, thanks to faster rises in output, new orders and employment, driven up by stronger customer demand.
Readings above 50 point to an expansion in activity while numbers below that indicate contraction.
"New orders rose markedly, feeding through to faster expansion of output, employment and purchasing activity. Manufacturers are, therefore, well placed to record further growth during the final quarter," said Andrew Harker, associate director at IHS Markit, which compiles the survey.
"A cautionary note, though, is signaled by a reemergence of inflationary pressures. Cost inflation was the strongest in over six years amid pressure on the supply of raw materials. Companies have had to raise prices for the first time since April", he added.
A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.