VIETNAM BUSINESS NEWS APRIL 17 vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
Thai investors scaling up presence with raft of activities 13:50 | 15/04/2021
Thai investors scaling up presence with raft of activities(source: cafef.vn)
Central Retail Corporation on April 3 announced its 5-year plan for an investment of approximately $1.1 billion for the Vietnamese market. The move is part of its broader strategy to secure a stronger footprint in the country.
Philippe Broianigo, CEO of Central Retail Corporation said, âThe corporation has set up the roadmap with key focus to expand multi-concept penetration in all clusters across city, suburban, and rural areas. Thus, we will revamp brands in the food category for better synergy and enhanced customer experience and build brands for our non-food section, as well as develop our omnichannel presence.â
CP Vietnam Corporation (CP Vietnam) hosted the second edition of “Capacity building for partnership” training programme for critical suppliers to help them transition toward a more sustainable working culture, especially in the areas of human rights and labour practices.
Mr. Chamnan Wangakkarangkul, Executive Vice President – Agro Feed and Food Products Business and President of Sustainable Sourcing Committee of CP Vietnam, said the company has applied and communicated CP Foods’ sourcing policy, covering four main areas that are product and services’ traceability (Product), fair treatment of employees and human rights (People), environmental-friendly process (Process), and verifiability performance and risk management (Performance).
SCG records higher profits in 2020 despite COVID-19 constraints 09:54 | 04/02/2021
The global pandemic could not keep down SCG
According to its report, SCGâs Revenue from businesses outside of Thailand, together with export sales from Thailand registered VND129.784 trillion ($5.64 billion), in 2020, or 42 per cent of total revenue from sales, higher than the 41 per cent in the previous year.
As of December 31, 2020, the total assets of SCG amounted to VND576.952 trillion ($25.1 billion), while the total assets of SCG in ASEAN (excluding Thailand) amounting to VND218.374 trillion ($9.5 billion) which is 38 per cent of SCGâs total consolidated assets.
Based on its fourth quarter 2020 report, SCG in Vietnam owned VND111.044 trillion ($4.83 billion) worth of total assets, an increase of 50 per cent on-year, mainly generated by its chemicals business. The company s revenue from sales in the fourth quarter was VND6.855 trillion ($
Singaporean, Australian media highlight economic opportunities for Vietnam 15:29 | 29/01/2021
The Straits Times of Singapore on January 28 ran an article that views 2021 as a year of opportunity for Vietnam while the Australian Financial Review (AFR) said Vietnam has become an essential cog in the global supply chains.
The Australian Financial Review said Vietnam has become an essential cog in the global supply chains (Photo: VNA)
Singapore â The Straits Times of Singapore on January 28 ran an article that views 2021 as a year of opportunity for Vietnam while the Australian Financial Review (AFR) said Vietnam has become an essential cog in the global supply chains.