Sustainable development businesses in 2020 announced
A total of 100 sustainable development businesses in Vietnam this year were honoured during an awards ceremony held in Hanoi on December 10, which was attended by Vice State President Dang Thi Ngoc Thinh.
Hanoi (VNA) –🔥 A total of 100 sustainable development businesses in Vietnam this yearwere honoured during an awards ceremony held in Hanoi on December 10, which wasattended by Vice State President Dang Thi Ngoc Thinh.
Organised by theVietnam Chamber of Commerce and Industry (VCCI), the Vietnam Business Councilfor Sustainable Development (VBCSD) together with relevant ministries and theVietnam General Confederation of Labour, the event was designed to encourageand honour businesses which effectively carried out tasks in sustainabledevelopment in 2020. In his remarks, VCCIPresident Vu Tien Loc said that the Government welcomed positive impacts inpromoting the sustainable development of Vietnamese firms in the currentperiod, as important policies in the field were promulgated in the past twoyears. They all state the requirements in sustainable business assessment andapply the Corporate SustainabilityIndex (CSI) introduced by the VCCI. VCCI is mulling overother CSI versions for micro-, small- and medium-sized enterprises (MSMEs) andcorporations in developing countries, he added. As opportunities comealong with difficulties and challenges, domestic firms were advised to changetheir business mindset towards sustainable development, apply the CSI inbusiness governance and in their network of partners, in an attempt to enhanceresilience. Established by VCCI in2010, the VBCSD helps businesses and social organisations in Vietnam play apioneer role in sustainable development. It also serves as a bridge to bolsterclose collaboration in dialogue and connection between the business community,the Government and social partners./.
Saigon Giai Phong newspaper, Saigon Co.op, the Ho Chi Minh City Urban Environment Co., Ltd and the Vietnam National Trade Fair and Advertising Company (Vinexad) have signed an agreement to work jointly to raise the profile of Vietnamese products, promote green production and develop the market for locally made products.
Prime Minister Nguyen Xuan Phuc’s participation in several regional summits – ACMECS-9, CLMV-10 and CLV-11 -, to be held virtually on December 9, reflects the importance that Vietnam attaches to ACMECS, CLMV and CLV cooperation.
A nationwide emulation movement with the theme “Solidarity, creativity, and emulation to build and safeguard the Fatherland” was launched for the 2021-2025 period by Prime Minister Nguyen Xuan Phuc on December 10.
The Vietnam Corporate Sustainability Forum 2020, with the theme “Sustainable development in the new decade: Turning Challenges into Opportunities”, took place in Hanoi on December 10.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
At the awards ceremony (Photo: VNA) 
