Sustainable models needed in VN

May 11th at 13:23
11-05-2016 13:23:49+07:00

Sustainable models needed in VN

Building sustainable business models in Viet Nam is challenging, and for Vietnamese and international companies the road to sustainable development is still bumpy, according to experts at a seminar.

 

The Embassy of the Kingdom of the Netherlands and Viet Nam Chamber of Commerce and Industry (VCCI)'s Viet Nam Business Council for Sustainable Development, organised a seminar on "Building Sustainable Business Models in Viet Nam" yesterday in Ha Noi.

This seminar was part of the "Tomorrow is Green" campaign initiated by the Embassy and Consulate General of the Netherlands in Viet Nam. The campaign calls for joint solutions for a sustainable and prosperous future.

The seminar was an opportunity for participants to get inspired and learn experiences from real Dutch and Vietnamese business cases and to discuss how to build sustainable business models, which were the first factors to develop and retain competitive ability.

Doan Duy Khuong, VCCI deputy chairman, said that in fact, many Vietnamese enterprises faced difficulties in building sustainable business models, due to lack of capital, low management ability and lack of policies of the State.

Exchange of views and experiences on developing sustainable business was necessary and contributed important parts to improve knowledge of the local enterprises about social responsibility and friendly-environmental production activities, he said.

During the seminar, as pioneers in building sustainable business models in Viet Nam, FrieslandCampina, Unilever and Viettel, shared their first hand insights on their achievements and challenges. ING bank also shared its experiences in financing circular business models.

At an interactive discussion under the seminar, participants questioned and debated with policy makers, business leaders and civil society representatives on how to overcome challenges in developing sustainable businesses.

The seminar attracted local and foreign socio-economic organisations, the Dutch Business Association Viet Nam, leading Dutch companies in Viet Nam, including FrieslandCampina, Unilever, ING bank, and Viet Nam's telecommunication group, Viettel.

bizhub



NEWS SAME CATEGORY

Factoring services crucial: VNBA

Factoring services for merchandise exports in Viet Nam will become more essential than ever before as the country integrates more deeply into the international...

Hanoi sets sights on $2-billion FDI target

With numerous large-scale foreign-invested projects to be licensed soon, Hanoi has set an ambitious target of attracting $2 billion in foreign direct investment...

BASF cements footprint in Vietnam

Construction chemicals could be the necessary ingredients to fostering Vietnam’s sustainable growth, both in terms of building the country’s infrastructure and...

Korean cosmetics and food enterprises look for Vietnamese match

Korean cosmetic and food manufacturers see great potential in expanding their distribution channels in Vietnam by making direct contact with Vietnamese...

Lilly celebrates 140th anniversary, launches Lilly Corporate Website in Vietnam

On 10th May 2016, Lilly celebrated its 140th anniversary. The global, research-based company was founded in May 1876 by Colonel Eli Lilly in Indianapolis, the...

Vietnamese food authorities inspect Filipino firm for lead content in beverages

The Vietnam Food Administration (VFA) under the Ministry of Health has been testing drink products of URC Hanoi Co. Ltd based on concerns around the excessive...

Thailand's Central sells stake in Big C to finance Vietnam deal: sources

Thailand's Central Group has sold out of domestic retail firm Big C Supercenter Pcl, accepting a tender offer from rival TCC Group in a deal that will help Central...

Korea expands distribution channels in Vietnam

Eight Korean enterprises today attended a trading event organised by the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with Korea Complex...

Big C pushes Vietnamese products off shelves

Thai food products may dominate almost all shelves of Big C Vietnam’s outlets, one of the largest supermarket chains in the country when the new Thai owner Central...

Sales in E-commerce rise by 45 per cent

E-commerce websites saw turnover increase by 45 per cent last year and investment go up by 30 per cent.


MOST READ


Back To Top