With the dawn of the new year, Grant Thornton Vietnam is excited to introduce the 2024 series of the “Economic News Recap” publication, covering the essential macro-economic headlines in Vietnam each month throughout the year, starting with the January report.
In this release, we summarized some of the most important news and stories in January 2024, including:
Positive projections for Vietnam’s economic growth in 2024;
Emerging challenges for Vietnam’s exports;
Report on Vietnam’s industrial property market in 2023;
and more to be discovered in our publication.
Please kindly find the publication in the attachment. We hope our publication will be of good value to you.
June is an important time for the companies to “close the book” of the first half of the year & “open the new book” of the second half.
With many years of coaching experience, Mentally Fit Coaches believe that this is one of the “golden times” for the Teams/Organizations to “temporarily slow down to move faster” in the last 6 months of 2023.
To support the Leaders/ Managers in “slowing down to move faster”, Mentally Fit Vietnam will organize a 2-hour ONLINE session about the Pit Stop Technique:
Topic: “How to Pit Stop Efficiently”
Time: 15:30 – 17:30, Friday, 07/07/2023
Mode of Implementation: ONLINE coaching via Zoom
Mục tiêu buổi làm việc: The Pit Stop technique will help the Leaders know how to:
Create a big picture of the challenges that their Teams need to overcome from the perspective of each Member
Identify & eliminate the major bottlenecks to solve the current problems of their Teams
Build an action plan with a high approval rating from all Team Members
During 31 May – 01 June, Vietnam ESG Investor Conference 2023 was successfully organized by the Vietcetera team in partnership with Raise Partners. This two-day event marked a significant milestone as the first of its kind in Vietnam.
🌍 Global Participation: With great pride, they hosted over 350+ attendees, including esteemed ambassadors, distinguished overseas delegations, and passionate investors and SMEs from more than 20 countries. The event attracted participants from across Vietnam and around the world, making it a truly international gathering.
On the first day of the ESG conference (May 31) H.E. Karl Van den Bossche – Belgium’s Ambassador to Vietnam discussed “Securing development financing through an ESG lens” at the first panel discussion of the ESG conference. H.E. Karl Van den Bossche discussed the role of ESG in the EVFTA, the role of Belgian companies in Vietnam in ESG, the requirements that are being set, and BeLuxCham, who all contribute and put ESG as one of the priorities on their agenda to contribute together to reach the goals that Vietnam has set.
On the second day of the ESG conference, BeLuxCham’s member DEEP C Industrial Zones Vietnam, represented by Melissa Slabbaert, head of QHSE & Sustainability, participated in the panel discussion about “Case Studies in Responsible Manufacturing & Sourcing”. Melissa shared DEEP C Industrial Zones’ journey in sustainability, the growth it has established, its current drive, and goals in ESG, for both their industry park as its tenants.
Together with, Preben Elnef, Vice-President of Lego Manufacturing Vietnam, Giang Nguyễn, Sustainability & ESG Manager of BITI’s, Tran Phương Nga, CEO of Thien Long group, DEEP C Industrial Zones Vietnam showed the participants how to enable companies to apply ESG in all of their activities, how to ensure that ESG results are being analyzed and that companies can share their results to make ESG tangible and become the new normal in every company’s daily business.
BeLuxCham is honored to be partnering with its member Raise Partners to represent #teamBelgium.
On 22nd March 2023, the Belgian Embassy in Vietnam held a ceremony in Hanoi to announce the official logo marking the 50th anniversary of Belgium-Vietnam diplomatic ties this year. Addressing the official launch of the logo, Belgian Ambassador to Viet Nam Karl Van den Bossche said that “We are proud to be Belgians in Viet Nam” is our slogan for the 50 years.
Speaking at the event, Belgian Ambassador to Vietnam Karl Van den Bossche said the logo design contest for the occasion was open for Vietnamese designers and young artists. Through various media channels, the organizing board received 130 entries. The winning logo is designed by Ms. Lý Khánh Linh, a 22-year-old student from Graphic Design Faculty at FPT University. It was inspired by the famous cultural heritages of both countries with the hope of conveying the message of cultural exchange and friendship. It will be used in all activities of Belgium in Vietnam this year.
On the occasion of the anniversary, the Ambassador announced that there will be many official visits with the engagement of businesses in the time ahead.
Specifically, the Majesty the Queen of Belgium will visit Viet Nam in May in her capacity as Goodwill Ambassador of UNICEF. And in the third quarter of 2024, King Philippe and Queen Mathilde are scheduled to pay a State visit to Viet Nam.
The Ambassador underlined the need to better optimize the country’s great potential towards the final goal of a linkage chain with high-added value.
Along with investing in maritime logistics like the DEEP C Service Complex in the northern port city of Hai Phong, Belgium’s biggest project in Viet Nam, Belgium plans to launch more projects in the connectivity chain in farming and husbandry, such as a cold storage chain in the Mekong Delta which is expected to greatly benefit the agricultural community.
Belgium’s agricultural technology would be useful in helping Viet Nam to raise productivity and profits.
Apart from agriculture, the Ambassador suggested the two countries step up cooperation in green energy and climate change response, pointing to advantages of the collaboration such as new technologies and the EU’s Global Gateway Initiative.
Besides, Belgium is also a logistics hub and a maritime gateway to Europe, while its pharmaceutical industry supplies vaccines and essential medicines to the world
Belgium is now the sixth largest trade partner of Vietnam in the European Union (EU). With 82 projects worth nearly 1.1 billion USD, the European country ranks 23rd out of 139 countries and territories investing in Vietnam. Belgium has also been a donor of official development assistance for Vietnam since 1977, with a funding of 20-25 million EUR per year. The country continues supporting Vietnam through tertiary cooperation programs, non-governmental organizations, and the private sector. Nearly 5,000 Vietnamese students had and are studying in Belgium.
As multilateral cooperation, the two countries have been working closely together and offering mutual support at regional and global forums such as the United Nations, Francophonie, and Asia-Europe Meeting (ASEM). Both countries assumed the positions of non-permanent members of the UN Security Council for the 2020-2021 tenure and members of the UN Human Rights Council for 2023-2024 and regularly exchanged information.