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CMO Vietnam received FSC FM Group Certificate with two members supporting sustainable management of over 2,000 hectares of smallholder rubber Following the FSC COC Group Certificate with 7 rubber dealers (CU-COC-903980, code FSC-C205469), CMO Viet Nam LLC and 2 resource management units, Mai Vinh Rubber Co. Ltd and Viet Sing JSC, were granted CU-FM/COC-903950 group certificate, code FSC-C205429, for sustainable forest management with 274 smallholders on 2,066.60 hectares in the provinces of Binh Phuoc, Binh Duong, Tay Ninh and Binh Thuan. This is the first step to show the potential and prospects of a sustainable supply chain from small-scale producers, through the connection of group certification to a system of dealers closely linked to natural rubber processing and exporting enterprises, creating opportunities for smallholder products to access the world market and major brands.

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On August 13, in Beijing I met with Ruan Yi,deputy SG of the Silk Road Planning & Research Center. Silk-road Planning Research Center (henceforth S-PRC) is a professional think tank which serves the Belt and Road Initiative (henceforth B&R) and is affiliated to the general office of the Chinese People's Political Consultative Conference (CPPCC). S-PRC is led by Mr. Chen Yuan, vice-chairman of the CPPCC, and founded by China Development Bank, Tsinghua University, Silk Road Fund, China Association for the Promotion of Development Financing, and China Finance 40 Forum. S-PRC is devoted to strategic research, policy proposals, personnel cultivation, media guidance and public communication. The functions of S-PRC include but not limited to: Silk-road Planning & Research Center (henceforth S-PRC) is a professional think tank which serves the Belt and Road Initiative (henceforth B&R) and is affiliated to the general office of the Chinese People's Political Consultative Conference (CPPCC). S-PRC is led by Mr. Chen Yuan, vice-chairman of the CPPCC, and founded by China Development Bank, Tsinghua University, Silk Road Fund, China Association for the Promotion of Development Financing, and China Finance 40 Forum. S-PRC is devoted to strategic research and conducts long-term follow-up studies and systematic research on the critical issues and difficulties in the implementation of the B&R, and studies status quo of the society and public opinions, so as to provide professional analyses and suggestions in reference for decision-making. During the meeting, the possibilities of combining the PRC B&R project and the EU Global Gate project were discussed, where Central Asia can serve as an important platform for combining these two important global projects in the interests of the countries of the Eurasian continent.They also discussed the possibility of forming an effective mechanism for industrial cooperation between China and Central Asian countries.

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Vietnam's economy continues to grow, underpinned by the manufacturing sector which is the backbone of Vietnam's Economy. With the likelihood of continuing (US-led) trade wars with China, Vietnam remains in the box seat to see its manufacturing-led economy ride the benefits of this over coming years. It is important to point out that the foreign invested sector represents approx. 72% of all exports from Vietnam. In the first 11 months of 2024, exports grew 14.4% over 2023 levels. However, import growth has been faster than exports (16.4% for first 11 months for imports) lead by currency depreciation impacts, inflation and margin squeezing from consumers. Overall, the results continue to provide robust support for continued economic growth for Vietnam looking forward. More details on specific elements here: https://lnkd.in/gfiG4DaX

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Still finding the answer for the good article of the beginning of the year: The GDP PPP being three times higher than GDP Nominal could be the factor to explain why Vietnam still has not escaped the middle-income trap, but is the 24th largest economy in the world if calculating PPP. The corner of Cives wondering: The burden of taxation cannot be measured by the amount of tax but by the circulation route; how taxes are withdrawn from the producer and returned to the producer. https://lnkd.in/gaFexqqH

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The Flanders-China Chamber of Commerce (FCCC), Silk Road Partners (BE/HK) and Flanders Investment & Trade (FIT) have jointly published a report on “Navigating through the New Chinese Business Environment”. This study provides an insight in China's transformation and what this entails for our companies. It not only offers strategic recommendations for companies which have already invested in China but also for newcomers. China's reaction to Covid-19 and the current geopolitical climate have raised questions about the risks and opportunities of doing business in and with China. This study aims to present a balanced perspective on how China has been transformed and what this means for companies which cooperate with this economic superpower. The paper highlights the historical context of China's transformation, the current economic landscape, demographic shifts, and geopolitical influences. It presents China's business-focused answer to its domestic challenges, and opportunities and strategic recommendations. The study concludes that understanding and adapting to the economic power shifts is of crucial importance. Embracing innovation, forming strategic partnerships, and remaining flexible are key to navigating the new Chinese business climate. This paper is in Dutch and can be obtained at the Flanders-China Chamber of Commerce: [email protected]. #DoingBusinessInChina #ChinaBusiness #ChinaEconomy #MarketOpportunities #InnovationInChina #InvestmentInChina #BusinessStrategy #GlobalTrade Gwenn Sonck (宋惠安) Peter Buytaert Frederic Deprez

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Buyeo County, South Korea Ministry of Industry Finally Selected as Opportunity Development Zone Expected to Serve as a Catalyst for Early Sales of Buyeo General Industrial Complex - Benefits such as Tax Reductions and Increased Local Investment Promotion Subsidies for Resident Companies - Buyeo County (군수 박정현, Mayor Park Jung-hyun) announced that parts of the Buyeo General Industrial Complex and Eunsan 2 Industrial Complex have been finally designated as Opportunity Development Zones for secondary batteries. The county plans to attract industries related to secondary batteries to a total area of 525,189 square meters (approximately 158,000 pyeong), including parts of the Buyeo General Industrial Complex in Hongsan-myeon and Eunsan 2 Industrial Complex in Eunsan-myeon. Currently, centered around HK Power Co., Ltd., a manufacturer of secondary battery post-processing equipment, a total of five companies have signed investment agreements. This is expected to lead to an investment inducement effect of 190 billion KRW and create approximately 460 jobs. Resident companies within the Opportunity Development Zones will receive benefits such as income and corporate tax reductions, acquisition and property tax reductions, family business inheritance tax deductions, and increased support rates for local investment promotion subsidies. Mayor Park Jung-hyun said, “With the designation of this Opportunity Development Zone, Buyeo County can now create future growth engines through the fostering of new industries such as secondary batteries.” He added, “We will spare no effort in providing active administrative and financial support to investing companies.”

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Energy security is paramount. Everyone seeks warmth when it’s cold, and relief when it’s hot. From North America to Asia and everywhere in between. So any policies which prohibit development of natural gas or LNG infrastructure directly contribute to increased emissions from increased coal consumption. Every climate activist protesting natural gas is indirectly advocating for higher emissions, whether they realize it or not. #energysecurity #lng #natgas #climatesolutions #commonsense

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Good to see the Conservative manifesto including a line on plans to "bolster the Hiroshima Accord". The enhanced relationship with Japan has been one of the real successes in our international ambitions in recent years. The Hiroshima Accord lays the foundations for a unique partnership with Japan with tech at its heart. It will contribute to shared innovation, economic growth and security. With the Osaka Expo next year and the focus on Japan it will bring is a significant opportunity to go beyond the Hiroshima Accord. A lot has been achieved in recent years and it is welcome the Conservatives are reaffirming the importance they attach to the relationship with Japan, but our partnership with Japan is not party political and will be just as strategically important to a future Labour Government. In December I was in Japan with Greater Manchester Mayor Andy Burnham who talked about the benefits to UK jobs, investment and prosperity from the Hiroshima Accord. Indeed no one has done more to try and unlock the practical benefits of the Accord than Andy. He also recognises the importance of Osaka 2025 as the moment to take the partnership between the UK and Japan further. Greater Manchester stands to benefit through its work with Japan. Labour should pay close attention to Andy's focus on Japan. Whatever is in the Labour manifesto on specific international relationships I hope that we will see an increase in the momentum towards Osaka 2025 as we bolster our relationship with Japan. #HiroshimaAccord #Osaka2025 #AndyBurnham #Japan #Trade #Investment #Innovation

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Deputy Chairman of the Cabinet of Ministers - Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobaev at the meeting with Deputy Director of the Department of Foreign Capital and Overseas Investment of the National Development and Reform Commission of China Zhang Jianhua said: "We and our Chinese partners are firmly convinced that the China-Kyrgyzstan-Uzbekistan railway project is not just another infrastructure project, but a strategic step that will open up new horizons for the economic development of not only our countries but the entire region," The parties discussed in detail the key issues of the project implementation, noting that it will not only reduce the time and cost of transportation but also become an important element of China's global One Belt, One Road Initiative aimed at strengthening economic ties between Asia and Europe. "The China-Kyrgyzstan-Uzbekistan railway is a breakthrough for all of Central Asia. It will contribute to the growth of trade, attract investment and create new jobs, as well as improve the standard of living of the population in the region," Bakyt Torobaev said. An intergovernmental agreement on cooperation to promote this project was signed in Beijing on June 6, 2024. Subsequently, on July 26, 2024, a joint project company, China-Kyrgyzstan-Uzbekistan Railway Company LLC, was registered, which was an important step towards the implementation of the plans. "We understand that the implementation of such a large-scale project requires not only financial investments but also close cooperation between all interested parties. It is important that each participating country feels its involvement in this process and can contribute to the common cause. We are ready to work on creating favorable conditions for investors and ensuring transparency at all stages of the project implementation," concluded Torobaev. https://lnkd.in/dwU8s6nM

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🎙 Inspiring the next generation: join me on this special episode of Unpacking Japan Unpacking Japan is a podcast that delves into Japan's unique culture, history, and global connections, featuring insightful conversations with diplomats, business leaders, and cultural experts from around the world that live and work in Japan. In this episode, I had the pleasure of diving deep into some of the most pressing global challenges we face today—climate change, food security, innovation, and international collaboration—and how Expo 2025 in Osaka serves as a beacon of hope and inspiration for a better future. We also explored the importance of inspiring the next generation, and the unique role that the Netherlands plays in fostering solutions through innovation and partnership. 📌 Key takeaways from our discussion: - Why international expos like #Expo2025 matter in today’s world. - The power of collaboration to tackle issues like the energy transition, food transition, and more. - My perspective on how we can leave a meaningful legacy for future generations. I hope this episode resonates with you. Your thoughts and feedback are always welcome! 🎧 Listen or watch here: https://lnkd.in/gYmbeHHU Let’s continue the conversation about creating a sustainable, equitable, and collaborative future. NLExpo2025 - Netherlands participation at Expo 2025 Osaka, Kansai, Japan Ministerie van Buitenlandse Zaken Embassy of the Kingdom of the Netherlands in Japan #CommonGround #SolvingGlobalChallengesTogether #Leadership #Innovation #Expo2025 #Sustainability #FutureGenerations

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🌱 Restoring forests is more than just planting trees! 🌳 True forest ecosystem #restoration requires more than short-term planting campaigns. It calls for sustainable, long-term support and collaboration from business partners to ensure the resources are strong enough to help forests truly recover, thrive, and play their vital roles in tackling #climate change and protecting #biodiversity. More importantly, these partnerships should focus on creating genuine and lasting impacts – benefiting both nature and the communities. Let’s explore how we can make this happen together. 🌍 📌 My take on the topic: https://lnkd.in/gbRbmXnG

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Very much appreciated for writing a report about Oulu based on JETRO - Japan External Trade Organization and BusinessOulu joint program for Japanese companies implemented and connected with our coolest startup event Polar Bear Pitching held in high-tech industrial city Oulu, Finland. https://lnkd.in/g7hjV9Gy Report is written by only Japanese, but they mentioned about Oulu as a pioneer city of wireless communication as well as Oulu has ranked the 2nd startup ecosystem city in Finland as of 15 Mar 2024 (source from StartupBlink). Polar Bear Pitching, PrintoCent (one of the biggest printed electronics clusters in Europe) and the first ever reverse pitching event by Japanese companies as Polar Bear Pitching side event are also mentioned. In addition, recently Oulu Startup Selvitys 2024 report is finally published. Here are some of the great highlights from the report. 🔥 Oulu has tripled the number of registered startups in 2023 compared to 2022. 🔥 On average Oulu startups make 100k euros of revenue per employee. 🔥 Prognosed total new revenue of Oulu startups from start of 2023 and up till the end of 2024 is reaching 25 million euros. If you are also interested in the Oulu Startup Selvitys 2024, check out the below link! Full report link is found there, too! https://lnkd.in/gMEeZ5Vt Stay tuned for upcoming startup activities from Oulu!! #startup #startups #internationalcooperation #japan #finland #oulu

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Vietnam’s opportunities and challenges for climate/sustainability relative to other regional countries? And your focus as a premier data analytics, research and credit rating firm in Vietnam? Answer: OPPORTUNITIES: • Vietnam's robust economic growth provides significant opportunities for investment into new green infrastructure, renewable energy projects and sustainable urban development. • There is strong policy momentum from Vietnam's enhanced commitments under the Paris Agreement, updated Nationally Determined Contributions and National Green Growth Strategy creating an enabling environment. • The government has displayed clear political will to position Vietnam as a regional sustainable finance hub, opening up further green capital flows and investment. • Given the rapid pace of urbanization, Vietnam has the ability to leapfrog legacy systems directly to adopt cutting-edge green technologies and sustainable city solutions. CHALLENGES: • There is a lack of standardized technical expertise (taxonomy, for example) and consistent sustainability reporting frameworks being applied, especially among smaller companies. • While ambition is high, there is currently a limited pipeline of bankable, investment-ready green projects and climate investment opportunities. • More mechanisms are needed to crowd-in private capital at scale alongside public funds to meet Vietnam's large climate finance needs. • Many regions face heightened physical climate risks - from rising sea levels threatening coastal economic hubs to drought impacting agricultural areas. OUR FOCUS AT FIINGROUP and FIINRATINGS • Scaling our green finance advisory services to support banks, project developers and issuers in identifying, structuring and bringing green loans/bonds to market. • Offering independent second party opinion (SPO) and certification services to verify the ESG credentials and sustainability performance of funds, investment products and corporate strategies. • Building capacity through training financial institutions on integrating ESG into their risk management systems, portfolio analysis and product designs. • Developing cutting-edge climate risk analytics and data solutions tailored for analyzing physical risk exposures of banks' loan books and investments across various real asset classes and sectors. • Providing policy guidance based on global best practices to enable a robust regulatory environment conducive for sustainable finance to thrive in Vietnam. • Forging cross-border partnerships with other leading rating agencies/verifiers and knowledge centers across the region to integrate global and local perspectives. My Sharing at the Climate Finance Workshop organised by Global Climate Partnership Fund and its fund manager responsAbility Investment AG on 13-14 May 2024 in HCMC! Thanks Tung Anh Nguyen our Head of Sustainable Finance Service at FiinRatings - Vietnam Credit Rating Agency for the script. Happy Investing!

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A few weeks ago I had the opportunity to sit down with my friend Steven Brown, Head of Institutional Sales at VPS Securities (Vietnam's top-ranked securities company), to discuss some of the exciting developments in Vietnam’s economy and the role of the Tony Blair Institute for Global Change in Vietnam. Here's the video: https://lnkd.in/gPmiUUkf Some key highlights from our discussion: ✨ FTAs and Export Potential: Vietnam has signed 16 free trade agreements, including the UK-Vietnam and EU-Vietnam FTAs. The real challenge is increasing the utilization of these agreements by SMEs throughout the country. ✨ Economic Transformation & AI: We explored how Vietnam can avoid the middle-income trap and discussed the importance of AI and advanced financial reforms in accelerating the country’s transition to a developed economy. ✨ Ho Chi Minh City as a Financial Center: We discussed efforts to strengthen HCMC, and the progress of the PM's steering committee. ✨ TBI’s Support Across Sectors: From FDI quality to health, AI, and digital trade strategies, TBI is working closely with the government to address critical economic challenges and foster sustainable growth. ✨ Global Connectivity: With TBI’s expanding presence across Asia-Pacific, the focus is on making Vietnam a regional economic powerhouse and improving ‘Made in Vietnam’ export capabilities globally. It was a dynamic conversation with many valuable takeaways. I’d love to hear your thoughts—what stood out to you most from the discussion? #Leadership #EconomicDevelopment #TradeAgreements #FinancialReform #Vietnam #TonyBlairInstituteforGlobalChange

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