Ho Chi Minh City, August 2nd, 2022: Binh Minh Plastics Joint Stock Company (BM PLASCO), a SCG’s member in Vietnam, was named one of the Top 50 Best Listed Firms in 2022 by Forbes Vietnam Magazine. BM PLASCO, in particular, is the only firm in the sector of building materials specializing in plastic pipes and plastic pipe fittings to be included on this year's list. This is a remarkable milestone for the company's 45-year effort, manifesting its relentless commitment to create a better living for Vietnamese people through sustainable approaches.
Top 50 Listed Firms is a prestigious award by Forbes Việt Nam magazine, in which, 50 companies listed on Ho Chi Minh Stock Exchange (HSX) and Hanoi Stock Exchange (HNX) have been selected based on a ranking methodology from Forbes US. Specifically, the award assesses the firm’s performance across 05 years from 2016 to 2021, in the aspects of both financial achievements and sustainability.
In the context of Vietnam's and global economic situation, although facing many challenges such as the Covid-19 pandemic, the rising material costs, as well as the global downturn, BM PLASCO has successfully stabilized its operations and developed steadily. In 2021, the company reached a revenue of 4,552 billion VND and a profit of 214 billion VND. Meanwhile, in the first half of 2022, the consolidated revenue of the company has reached 2.911 billion VND with 341 billion VND profit, an increase of 11.5 percent and double respectively y-o-y. These are outstanding figures that demonstrate the firm's stability and durability during the post-pandemic business recovery era and establish long-term goals for the future.
Mr. Nguyen Thanh Hai - BM PLASCO’s Deputy Sales General Director shared: “Along with the continual development of science and technology, the Vietnam market has seen a growing number of plastic - construction materials which not only focus on quality but also design and convenience of use. Founded on a firm basis, BM PLASCO strives to enhance quality and invest in new production lines in order to develop more diversified product lines to satisfy the market's rising demands. Notably, it has launched its Inch PVC-U plastic pipe product range, which is made in compliance with ISO 1452, TCVN 8491 standards, and QCVN 16:2019/BXD. These results have motivated us to be more consistent with our objective of improving product quality in order to provide the best value to consumers while also making meaningful contributions to the community. "
In addition to the excellent business performance based on continuous product innovations, BM PLASCO also consistently follows SCG’s sustainable development strategies, in which economic progress is accompanied by social benefits and environmental protection. As the result, the company had been in the list for 4 consecutive years according to the Programme on Benchmarking and Announcing Sustainable Companies in Vietnam (CSI Programme), which was organized by Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI).
This year, BM PLASCO will celebrate its 45th anniversary with many proud achievements, which verify the prestige and boldness of a pioneering and leading firm in Vietnam's plastic industry.
Ba Ria – Vung Tau Province, August 06th, 2022 – SCG Chemicals (SCGC) and its subsidiary Long Son Petrochemicals (LSP) - owner of the first integrated petrochemicals complex in Vietnam in collaboration with the People’s Committee of Vung Tau City planted 400 trees in the area of Nui Lon (Vung Tau City), equivalent to 3.26 hectares of forest.
Ho Chi Minh City, July 2022 - In order to bring best indulgent experience to its consumers this Mid-Autumn Festival 2022, Mondelez Kinh Do continues to increase quality standards for its famous mooncakes that are consistently delicious, finely crafted, and beautifully presented. Despite the pressure of increasing in in cost of raw materials and prices of goods, Mondelez Kinh Do makes great efforts to maintain consumer price for Kinh Do mooncakes, with most of best selling products’ price remained unchanged, and only adjust +2-3% of total portfolio on average. This is part of Mondelez Kinh Do’s commitment to putting consumers at the heart of everything they do and adapting to fit consumer needs at any moment with perfectly crafted products that are a source of delight.
Ho Chi Minh City, August 19, 2022 – Today, USAID BUILD-IT Program and Dow Vietnam hosted their 4th annual investor-style pitch competition, Maker to Entrepreneur (MEP): Venture Demo Day under the framework of the USAID BUILD-IT and Dow Vietnam STEM Program, for over 100 engineering students and guests from across Vietnam. Young engineers gathered to compete for a total of $1,000 in start-up funding. The business savvy demonstrated by the students exemplified how engineers can use market forces to scale their innovative projects into in demand products.
On 7-8 July, 2022, students awarded ‘AES Future Energy Scholarship’ and lecturers from three universities, namely the Hanoi University of Science and Technology, Electric Power University and Hanoi University of Science – Vietnam National University, joined a visit to the Mong Duong 2 Thermal Power Plant.
At INSEE, we place social responsibility as a pillar of our Sustainable Development Strategy alongside with other initiatives such as Climate & Energy, Circular Economy, Biodiversity, Water Resource Management, and Occupational Health & Safety. To us, Sustainability plays an important role in both medium and long term vision and strategy. This is considered as the key to actualize our INSEE's brand philosophy of "Build for life", helping build a world where living is more worthwhile.
AES Mong Duong has been awarded the prestigious Royal Society for the Prevention of Accidents (RoSPA) Gold Medal for an eighth consecutive year, in recognition of its practices and achievements in maintaining world-class safety standards in overall health and safety performance, policies and procedures.
This is a follow-up activity after the Kick-off Ceremony of the smart factory development cooperation project, which took place on May 24 and 25, 2022, in the provinces including Bac Ninh, Vinh Phuc, Hanoi, Hung Yen, and Ha Nam.
To offset CO2 emissions from the company’s production and operational activities, JTI Vietnam has launched many projects from 2020 under the program “Net-Zero Carbon Emission”. In 2022, the company continues to sequestrate 202 tons of CO2 by burying bamboo to create biochar and tending to bamboo forests. This initiative is implemented by JTI Vietnam in Thanh Hoa, in partnership with Water Solutions SEA.
"For the community, the people" is one of the three business principles of the Charoen Pokphand Group Thailand applied in the country that the Group invests in. The three principles are "for the country, for the people and for the company". This is also the process of integrating sustainable development goals into the production and business activities of the brand of CP Group.
As an agricultural production enterprise that has a great impact of reducing net emissions, C.P. Group is making strides to transform the production model to cycle, contributing to ensuring Vietnam’s sustainable food security.
