do businesses have to suffer losses from esg practices

Do businesses have to suffer losses from ESG practices?

Environmental, social, and governance (ESG) transformation requires large investments, and it is not easy to reap the benefits quickly. That's why ESG criteria were once thought to hinder the revenue growth of businesses in the globalisation process.
sun life to ensure financial security and healthier lives

Sun Life to ensure financial security and healthier lives

Sun Life Vietnam has increased its charter capital from $647.3 million to $704.7 million, which positions Sun Life among the top three insurers in Vietnam with the largest charter capital, and underscores its strong commitment to long-term investment in the Vietnamese market.
vietnamese economy fared well in q1 despite external risks

Vietnamese economy fared well in Q1 despite external risks

The global economy is facing several headwinds, including the slowdown in China and the Eurozone as well as the US Fed's possible delay of interest rate cuts. In this context, ASEAN may be a global safe haven for economic growth. Abel Lim, head of Wealth Management Advisory and Strategy at UOB, discussed with VIR's Thanh Van the outlook of the global economic condition and its impact on Vietnam.
evn improving hse practices through overseas tours

EVN improving HSE practices through overseas tours

Vietnam Electricity (EVN) is making efforts to improve its Health, Safety, and Environmental (HSE) practices with a slew of initiatives, including sending its employees on study tours over overseas power plants.
compelling signs ahead in healthcare

Compelling signs ahead in healthcare

Vietnam expects to see rising investment and dealmaking activities in healthcare and pharma. Seck Yee Chung, partner and head of Mergers & Acquisitions and Healthcare and Life Sciences practices in Vietnam for Baker McKenzie, discussed with VIR’s Thanh Van the prospect of Vietnam’s thriving healthcare and pharma sectors.
vbsp creating equal opportunities for poverty stricken families

VBSP creating equal opportunities for poverty-stricken families

Along with economic growth, the government is paying attention to poverty reduction and creates equal opportunities for the poor and disadvantaged people to access resources, including policy credit. Among them, Vietnam Bank for Social Policies (VBSP) has made efforts to increase such people's access to policy credit to improve their lives.
new framework proposed to assess foreign invested projects

New framework proposed to assess foreign-invested projects

The Institute of International Investment Studies (ISC) last week launched research results on criteria for appraising foreign-invested projects and assessing their effectiveness. The research financed by the Australian Department of Foreign Affairs and Trade to support localities. Dr. Ngo Cong Thanh, vice chairman of the ISC, and head of the research team of the criteria told VIR’s Oanh Nguyen about their work.
japans mynavi makes new investment in wecare 247

Japan's Mynavi makes new investment in WeCare 247

Mynavi Corporation announced on May 28 that it has invested an undisclosed sum in WeCare 247 JSC, a company that offers a matching service for caregivers and care recipients in Vietnam.
innovation props up esg prospects

Innovation props up ESG prospects

Environmental, social, and governance policy is now a must-have and a major risk-reducing investment opportunity for modern businesses, according to experts.
lending strategies playing part in casa fluctuations

Lending strategies playing part in CASA fluctuations

A higher current account saving account ratio indicates that a bank has more related deposits. Banking consultant Le Hoai An spoke with VIR’s Hong Dung about the assessment of ratio fluctuations for 2024 in Vietnam thus far.
digital innovation a top goal for banking

Digital innovation a top goal for banking

Vietnam’s digital transformation is being accelerated on the back of the supporting policies and market demands. Kalidas Ghose, chairman of UNOBank, discussed with VIR’s Bich Thuy how innovation in banking solutions can promote digital transformation.
esg adoption and implementation for prosperity

ESG adoption and implementation for prosperity

The past few years have witnessed an exponential rise in environmental, social, and governance (ESG) awareness and adoption worldwide. While officially coined in 2004 in a UN report, ESG has transcended from a niche concept to a mainstream consideration for investors, businesses, consumers, and regulators alike.
esg standards fit for the country

ESG standards fit for the country

As the world deals with an unpredictable global economic environment, applying environmental, social, and governance aspects into the everyday lives of individuals and business operations is now considered a vital approach that will help sustainable development across a wide range of enterprises, communities, fields, and industries. Here, experts and business leaders offer their say on how the ESG issue affects Vietnam in particular.
uk pork firms granted access to the vietnamese market

UK pork firms granted access to the Vietnamese market

British pork producers will now have access to the Vietnamese market for the first time after Vietnamese authorities gave the go-ahead for selected pork sites across the UK to start commercial trade between the two countries.
tough nut to crack for businesses to embrace esg

Tough nut to crack for businesses to embrace ESG

Enterprises in Vietnam are being advised to apply environmental, social, and governance principles as soon as possible, as an effective tool to ensure their competitiveness.