Experience in building sustainable business model, a prerequisite condition for enterprises to maintain their competitive edge, was shared at a seminar in Hanoi on May 10.
The seminar on sustainable business model (Source: VNA)
Hanoi (VNA) – E𝓀xperience in bui𝕴lding sustainable business model, a prerequisite condition for enterprises to maintain their competitive edge, was shared at a seminar in Hanoi on May 10.
The event forms part of the “Tomorrow is green” campaign initiated by the Embassy and Consulate General of the Netherlands with the aim of building a sustainable and prosperous future.
Doan Duy Khuong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), pointed out that a slew of Vietnamese firms have found it hard to pursue sustainable business due to the shortage of capital and mechanisms as well as low administration capacity.
Therefore, he said, the sharing of experience in this field is crucial as it contributes to raising businesses’ awareness of social responsibilities, gearing towards environmentally friendly production activities.
At the seminar, many companies that are taking the lead in sustainable business presented their achievements as well as challenges they have to face in this regard.
Tran Vu Hoai, a representative from Unilever Vietnam, said his company targets safe products, effective water treatment and people’s higher living standards.
Participating businesspeople questioned policy makers, economists and researchers about issues relating to construction and growth model. They also consulted domestic and foreign organisations about how to overcome obstacles in running business.-VNA
Green technologies and business solutions that Vietnam badly needs as it braces to meet climate change challenges will be presented by European firms at a conference and exhibition in HCM City on September 15-16.
Deputy Prime Minister Vu Duc Dam said that the Vietnamese government supports the business community to improve its productivity, competiveness and sustainable development.
A workshop seeking cooperation opportunities and development of a blue economy in the seas of East Asia was held within the framework of the 5th East Asian Seas Congress in Da Nang from Nov 16-21.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The seminar on sustainable business model (Source: VNA)
