Recommendations made to improve HCMC’s Cat Lai Port
Business

Recommendations made to improve HCMC’s Cat Lai Port

The Trade Facilitation Program in Vietnam, funded by the United States Agency for International Development (USAID), has made a number of recommendations on reducing congestion and facilitating logistics at Cat Lai Port in Ho Chi Minh City. Leveraging IT solutions, expanding infrastructure, and improving operational performance count among the most notable.
Business

Textiles & garments aiming to complete ‘greening’ by 2030

Vietnam’s textiles and garment sector is a traditional outsourcing industry using a lot of labor and natural resources, making its transition to green production a major challenge. The Vietnam Textile and Apparel Association has set a target of reducing energy consumption by 15 per cent and water consumption by 20 per cent by 2023 and completing the “greening” of the sector by 2030.
Business

PM meets with Warburg Pincus CEO

On May 15, at a meeting with Mr. Charles Kaye, CEO of Warburg Pincus, Prime Minister Pham Minh Chinh, who is in the US on a working visit, affirmed that the Vietnamese Government has introduced favorable conditions for foreign investors to do business effectively, and suggested that the company continue to expand its investment in the country. Vietnam is Warburg Pincus’s third-largest investment destination in Asia, following China and India.