EuroCham's survey indicates that approximately one-quarter of European businesses in Vietnam have implemented green initiatives over the past two years.
The Whitebook encapsulates a collective vision for a Vietnam that can harnesses innovation, streamlines processes, and embraces sustainability while navigating the complexities of an increasingly dynamic global market.
Mr. Erick Contreras, Managing Director of BASF Vietnam, tells VnEconomy about the company’s trajectory and its initiatives to support the government and businesses in pursuing policies to improve the quality of growth towards ‘greening’, emissions reductions, and sustainable development.
Mr. Alain Cany, President of the European Chamber of Commerce in Vietnam (EuroCham), told VnEconomy / VET that while devaluations of the VND have increased over the last two weeks, the currency remains strong, is improving, and is holding up better than many other currencies. The State Bank of Vietnam (SBV), he said, has been doing a good job.
According to the results of the Business Confidence Index (BCI) survey in the third quarter of 2022 released by EuroCham Vietnam, the confidence of European enterprises in Vietnam’s investment and business environment fell slightly, to 62.2 per cent, amid an unstable global economy. However, 45 per cent of enterprises responded positively about the business prospects in the fourth quarter. EuroCham President Alain Cany said that Vietnam offers great investment opportunities for European businesses.
Webinar held by Dezan Shira & Associates Vietnam and EuroCham Vietnam offered a comprehensive overview of Vietnam’s green economy and discussed opportunities for sustainable investment in the country.
The Business Climate Index (BCI) published by the European Chamber of Commerce in Vietnam (EuroCham) on July 4 shows that confidence among investors and European businesses in Vietnam’s business environment fell slightly in the second quarter of 2022. The BCI is still, however, 7.6 percentage points higher than in the fourth quarter of 2021. Seventy-six per cent of EU enterprises expect to increase their investment in Vietnam.
The European Chamber of Commerce in Vietnam (EuroCham) launched the “Breathe Again” fundraising campaign on August 17 to help Vietnam fight its fourth Covid-19 outbreak. All proceeds will be used to buy European medical equipment and supplies for hospitals in the hardest-hit areas of the country.