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Refining the implementation of ESG at Vietnamese corporates


Refining the implementation of ESG at Vietnamese corporates
18:05 | 27/04/2021
Sustainability has been top of the agenda for international investors in recent years. Nick Ainsworth, chief marketing officer at Dragon Capital Group, shared with VIR’s Luu Huong the importance of sustainable investment and the major challenges of environmental, social, and corporate governance implementation.
Nick Ainsworth, chief marketing officer at Dragon Capital Group
How do you assess the potential of Vietnam-based firms to successfully embed environmental, social, and corporate governance (ESG) criteria into their investment portfolios and corporate culture?
The absence of strong local laws and the lack of many local institutional investors in the stock and bond markets means that the pressure on corporates in both the public and private sectors to adopt and implement strong ESG practices are low. Although global awareness of ESG is risin ....

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Vietnam Enterprise investment manager changed after reshuffle


Vietnam Enterprise investment manager changed after reshuffle
Thu, 1st Apr 2021 10:34
(Alliance News) - Vietnam Enterprise Investments Ltd said Thursday its investment management duties are being transferred to Dragon Capital Management Ltd from Enterprise Investment Management Ltd.
Both companies are part of the Dragon Capital Group, and the terms of appointment, including the fees to be charged by the new investment manager will be unchanged.
Vietnam Enterprise noted the transfer followed an internal re-organisation of Dragon Capital Group.
The Dragon Capital Group has been involved in managing investment funds focused on Vietnam and the Indochina region since 1994, Vietnam Enterprise noted.
Shares in Vietnam Enterprise were 2.2% higher in London on Thursday at 610.85 pence each. ....

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Vietnam Enterprise investment manager changed after...


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The giddy rise of Vietnam's steel billionaire - VnExpress International


The giddy rise of Vietnam’s steel billionaire
By Minh Son, Ha Thu    January 20, 2021 | 11:50 am GMT+7
Tran Dinh Long, founder and chairman Hoa Phat Group. Photo courtesy of Hoa Phat.
Tran Dinh Long, dubbed the “king of steel,” had no experience in the steel industry when he decided to enter it anyway in the mid-90s.
All I had at the time was passion and a lack of fear, Long, founder and chairman of Vietnam’s biggest steelmaker, Hoa Phat Group, said in a recent interview with
Bloomberg.
The company was in the beginning distributing machinery and equipment and furniture, but it was steel that ultimately took it to dizzy heights. Hoa Phat had a 32 percent share of Vietnam’s steel market as of August 2020, making it the biggest player in the industry, according to the Vietnam Steel Association. ....

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