FMO will finance Loc Troi Group to fund projects linked to sustainable rice production and agricultural infrastructure, including machinery and warehouses at 10 rice factories owned by the Loc Troi agricultural ecosystem members, thereby enhancing Loc Troi’s rice production and supply capacity.

At the signing ceremony between FMO and Loc Troi.

Loc Troi Group has proven its strict abidance by regulations on labour, the use of child labour, gender equality, the supplier evaluation process, land procedures, environmental pollution, and improvements to people’s lives in Loc Troi’s operating areas.

The cooperation is expected to improve the lives of farmers, ensure food security, increase climate change adaptation and reduce greenhouse gas emissions.

With this credit package, Loc Troi is committed to promoting sustainable agricultural development, including that of its partners in the supply chain, improving farmer’s livelihoods and building a more liveable rural environment.

Digital transformation and data investment: the future trend

Three out of top ten Vietnamese domestic brands have demonstrated commendable business performance in 2022, closely linked to their extensive digital transformation activities, according to the Vietnam Customers Experience Excellence (CEE) report by KPMG for the year 2022.

Structure of public investment shifted in line with economic reforms: Minister

The structure of public investment capital in the last few years has changed in line with Vietnam’s economic reforms, boosting the restructuring of industries, and regions as well as balancing socio-economic development and social welfare, said Minister of Planning and Investment Nguyen Chi Dung.

PM applauds investment expansion by John Swire & Sons

Prime Minister Pham Minh Chinh received Chairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24, welcoming the UK-headquartered firm’s continuous expansion of investment and business activities in Vietnam.

Industrial land rents soar as foreign investors flock to Vietnam

Industrial land lease rents in the north and the south have respectively increased by 35% and 14.5% this year amid an influx of foreign investors, especially in manufacturing.

Overseas investment efficiency of Vietnamese enterprises

According to a recent report submitted by the Government to the National Assembly, the total foreign investment of Vietnam’s state-owned enterprises reached 6.6 billion USD as of December 31, 2022.

Source: NDO