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% CONTENTS | ISSUE 332, July 2022 Congratulations on Belarus Independence Day

COVER STORY

Though far from widespread, there are indeed more en-
terprises in Vietnam becoming aware of the benefits to
be had by taking Environmental, Social, and Governance
(ESG) considerations on board. Globally, ESG is finding a
receptive audience as enterprises large and small start
to recognize that such matters can offer a competitive
edge. Locally, concerns surround cost, legal framework,
management and measurement of the task, and overall
confusion about what is specifically involved. There is a
clear worldwide movement, however, towards giving
these issues the attention they deserve, and Vietnam
must follow suit.

Editor’s letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 BIZ TRAVELER
News and offers in Vietnam’s tourism sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38
LEADERS
COP26 commitment brought to life Vietnam explains the steps STARTUPS
taken so far to meet its net-zero emissions target . . . . . . . . . . . . . . . . . . . . . . . . . . .3 The latest from the world of startups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39

AT A GLANCE
DIGITAL BIZ
Leading news from the month at a glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
Up there with the best Blockchain and projects confirm Viet-
BIZ GUEST nam’s emergence as a player . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40
Value in experience Amway making changes as it celebrates 15
years in Vietnam . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 PROPERTY
Few and far betweenResidential supply slow in coming . . . . . . . . . . . . . . . .42
SPECIAL REPORT - INVESTMENT IN DA NANG
Da Nang attracting quality FDI; A city with potential and ad- CORPORATE NEWS
vantages for FDI; Breakthroughs in transport infrastructure; What’s happening in the world of business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .44
Destination for hi-tech; Da Nang creates high-quality work-
force to meet needs; Fulfilling Da Nang’s promise . . . . . . . . . . . . . . . . . . . . .18
BUSINESS REPORTS
In line with the times; Finding the way forward; Enduring ap-
Statistics Updated economic figures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46
peal; Growing allure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26

P I C T U R E S B Y T R A N V I E T T U A N , D E S I G N B Y V E T M E D I A

V I E T N A M E C O N O M I C T I M E S

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ENGLISH LANGUAGE EDITORJohn Harding
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ISSN 2734 - 9683 - LICENCE No. 272/GP-BTTTT ON JUNE 26, 2020, PUBLISHED MONTHLY BY THE VIETNAM ECONOMIC ASSOCIATION, PRODUCED IN VIETNAM AND PRINTED AT TIEN PHONG PRINTING AND COMMERCE JOINT STOCK COMPANY.© ALL RIGHTS RESERVED

www.en.vneconomy.vn JULY 2022 | VIETNAM ECONOMIC TIMES | 3