Firms given recommendations to develop sustainably, realise dual goals
A webinar themed “Sustainable Businesses Implement Dual Goals” was held on September 9 as part of the 8th Vietnam Corporate Sustainability Forum (VCSF).
Hanoi (VNA) – A webinarthemed “Sustainable Businesses Implement Dual Goals” was held on September 9 as part of the 8th Vietnam CorporateSustainability Forum (VCSF).
To adapt to and overcome theCOVID-19 pandemic, aside from the Government’s support, each enterprise needsto bring into play their internal strengths and change plans and strategies soas to achieve the dual goals of effectively fighting against the pandemic and sustainingand recovering production and business activities, said Nguyen Quang Vinh,Secretary General of the Vietnam Chamber of Commerce and Industry (VCCI) andVice President of the VCCI’s Vietnam Business Council for SustainableDevelopment (VBCSD).
He also put forward aninitiative to establish a council of enterprise cooperation to respond toCOVID-19, adding that this council will gather the strength of the business communityby connecting business associations, related organisations, and the VCCI to joinhands with the Government to help firms weather this trying time and quicklyrecover and develop.
Nguyen Quang Vinh, Secretary General of the Vietnam Chamber of Commerce and Industry (VCCI) and Vice President of the VCCI’s Vietnam Business Council for Sustainable Development (Photo: VCCI)
At the webinar, DorsatiMadani, Senior Economist at World Bank Vietnam, delivered a speech on globaleconomic prospects and impacts on the country, citing a WB report as saying thatthe Vietnamese economy is expected to recover in the fourth quarter of 2021 andpost a GDP growth rate of about 4.8 percent this year.
Binu Jacob, CEO of NestleVietnam and Co-Vice President of the VBCSD, recommended workers and contractorsto be fully vaccinated and enterprises be given self-determination in applyinganti-COVID-19 models at their factories on the basis of the Health Ministry’sguidance.
Regulations related toCOVID-19 prevention and control in localities should be simplified and accordwith central agencies’ directions while public administrative procedures shouldbe digitalised, thus creating optimum conditions for businesses, especiallyduring the social distancing period, he suggested./.
Hundreds of online trade promotion events have been organised effectively, helping settle stagnant situation in the field and overcome difficulties brought about by the COVID-19, which has broke out in the global scale, disrupting supply chains and affecting export activities.
The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic.
In order to best achieve 2021 targets, Prime Minister Pham Minh Chinh ordered giving the top priority to curbing the pandemic soon and gradually restoring production and trade in areas meeting safety conditions, Minister and Chairman of the Government Office Tran Van Son has said.
The Vietnam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, have jointly launched a programme to support Vietnamese small- and medium-sized enterprises (SMEs) in overcoming COVID-19.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Phto: VNA) 
Nguyen Quang Vinh, Secretary General of the Vietnam Chamber of Commerce and Industry (VCCI) and Vice President of the VCCI’s Vietnam Business Council for Sustainable Development (Photo: VCCI) 
