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Active ownership is our main way of influencing the companies we invest in. We believe that ensuring good ESG (Environmental, Social and Governance) practices in our funds’ holdings is important for safeguarding the long-term interests of shareholders and society. 
Engagement generally falls into one of three categories:  
Norms- and incident-based engagement: engaging with companies breaching the international norms or conventions or companies having ESG related incidents  
Risk-based engagement: engaging with companies on their material ESG risks  
Thematic engagement: engaging on specific themes such as corruption, human rights, water, and climate change 
Our Corporate Governance team actively engages with companies in which the funds have significant ownership by voting at annual general meetings in accordance with the Corporate Governance Principles. We strive for transparency and have therefore made our voting portal ....

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Land-locked Laos moves to become logistics link


| Publication date 02 June 2021 | 21:07 ICT
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A groundbreaking ceremony is held to start construction of the TDP and VLP in Dongphosy village, Hadxaifong district, Vientiane, on July 3. VIENTIANE TIMES
Land-locked Laos moves to become logistics link
Wed, 2 June 2021
Thanaleng Dry Port (TDP) and Vientiane Logistics Park (VLP) – two mega infrastructure projects – are set to significantly bolster the Lao government’s efforts to transform Laos into a logistics link and land-linked country within the region and beyond.
The TDP is a dry port of international importance, approved by the UNESCAP through Resolution No 69/7 on the Intergovernmental Agreement on Dry Ports adopted in Bangkok on May 1, 2013. ....

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Vietnam's energy giant sets ambitious revenue of $1.2 billion


Vietnam’s energy giant sets ambitious revenue of $1.2 billion
Chia sẻ |
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 28/05/2021
  
14:01
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The PetroVietnam Power Corporation (PV Power) aims to earn VND28.4 trillion of revenue (US$1.2 billion) and pre-tax profit of nearly VND1.55 trillion this year.
Last year, PV Power s total commercial power output reached nearly 19.2 billion kWh. The group also earned more than VND30.2 trillion of revenue and pre-tax profit of VND2,875 billion.
In the first four months of 2021, PV Power recorded revenue of more than VND10.2 trillion from an output of 6,405 million kWh. Despite impact of the Covid-19 pandemic, its electricity output in April was higher than that of March 2021. Specifically, Vung Ang 1 Power Plant completed 103% of the plan while Dakđrinh Hydropo ....

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Debate intensifies on future of coal


Debate intensifies on future of coal
15:00 | 11/05/2021
After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures. However, several experts evaluate the move as a signal for Vietnam to step up the transition from fossil fuels to renewable energies.
Experts point out that dependence on coal will harm attempts to reach emissions targets. Photo: Le Toan
President Moon Jae-in at the Leader’s Summit on Climate on April 22 announced that his country, South Korea, would stop investing in coal power abroad. Meanwhile, Vietnam is considering expanding coal-fired power projects in its most recent Power Development Plan 8 (PDP8). ....

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