On November 26, the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE), along with the Department of Industry and Trade of Hanoi and Vietnam Business for Environment, organised a consultation meeting on a communication plan of the Alliance of Retailers to Reduce Single-use Plastic Bags, further cementing the plans to tackle Vietnam’s plastic waste with effective and feasible solutions.

Masan High-Tech Materials Corporation (MHC) will establish a strategic alliance in the tungsten industry with Mitsubishi Materials Corporation (MMC) with an objective to develop a leading, high-tech tungsten materials platform. As part of the strategic alliance, MMC will subscribe for 110 million newly-issued ordinary shares via a private placement for a total cash consideration of $90 million. Once the transaction is completed, MMC will own 10 per cent of the fully diluted share capital and become the second-largest shareholder of MHC.

Founding members LG Electronics and TP Vision (for Philips TVs) today officially established Smart TV Alliance with other Japanese TV manufacturers in the process of joining.