Tag: HANOI

News

9Pay acclaimed as Top ASEAN Enterprises and Favorite Payment Channel in Vietnam

May 28, 2024 by Sujata Muguda 0 Comments #9Pay acclaimed, #A leading Vietnamese Fintech company, #ASEAN Award 2024 Ceremony, #ASEAN Entrepreneur Development Research Institute, #Favorite Payment Channel in Vietnam, #HANOI, #Tom Nguye, #Top ASEAN Enterprises, #Vietnam, #Vietnam Fintech company, #Vietnam Game

HANOI, Vietnam, May 28, 2024  — 9Pay, a leading Vietnamese Fintech company, continues to receive good news as it ranks in the Top 5 Most Favorite Payment Channels at the Vietnam Game Award and is honored to be in the Top 10 ASEAN Typical Enterprises at the ASEAN Award 2024 Ceremony held in Singapore. With this double achievement of prestigious awards, 9Pay has once again affirmed its position and reputation not only in the domestic market but also in the region.

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Recently, within the framework of the 5th ASEAN Economic Forum took place in Singapore, 9Pay was the only Vietnam Fintech company honored in the Top 10 ASEAN Typical Enterprises. This recognition highlights the company’s continuous efforts and contributions in providing digital payment services to Vietnam and the region. The Forum and Award Ceremony were successfully held under the chairmanship of the Vietnam – ASEAN Entrepreneur Development Research Institute, with the attendance of many senior leaders from Vietnam and Singapore.

Despite the volatile world economic situation in 2024, trade and investment cooperation between Vietnam and ASEAN countries maintains an impressive growth momentum, with important contributions from the business community, including 9Pay. The ASEAN Award honors outstanding brands that have made significant contributions to the socio-economic development of the country and the region.

Since its establishment nearly 6 years ago, 9Pay has constantly made unremitting efforts to build a comprehensive digital financial ecosystem. With solutions such as E-wallet, Payment Gateway, and Collection – Disbursement service, 9Pay has been providing convenient and safe payment experiences to over 2.5 million users and more than 1,000 partners, processing transaction volumes of up to billions of dollars each year.

Furthermore, 9Pay’s E-wallet has been in the Top 5 Most Favorite Payment Channels of the Vietnam Game Awards for the second consecutive year, proving the support, trust, and love that users have for this platform. This recognition demonstrates 9Pay’s efforts in building and supporting the gaming community in Vietnam.

Not only affirming its position in the domestic market, 9Pay is also gradually reaching out globally. Its Collection – Disbursement solution has effectively supported cross-border trade activities between Vietnam, the region, and the world. 9Pay is implementing a methodical and powerful go-global roadmap with the ambition to become a regional-class Fintech company in the near future.

The honor of being in the Top 10 ASEAN Typical Enterprises at the ASEAN Award 2024 is a worthy recognition for 9Pay’s positive contributions to the socio-economic development of Vietnam and the region. The award serves as a great source of inspiration and motivation for 9Pay to continue improving service quality, expanding international cooperation, and realizing the aspiration to build a diverse digital financial ecosystem, contributing to promoting common prosperity for Vietnam and the ASEAN community.

According to CEO Tom Nguye,n this milestone holds special significance in the company’s development process. 9Pay’s next journey is to continue investing in the development of payment solutions, constantly improving product and service quality to well serve the increasing needs of businesses and organizations. With the double prestigious awards in May, 9Pay has once again affirmed its position as one of the reputable businesses in Vietnam while proving its competitiveness with financial technology companies in the region. This presents an opportunity for 9Pay to expand cooperation opportunities with large, global partners.

Business

Morinaga Nutritional Foods Vietnam Integrates Sustainability with Business Strategy

May 21, 2024 by Sujata Muguda 0 Comments #Business Strategy, #HANOI, #MNFV, #Morinaga Milk Industry Group, #Morinaga Nutritional Foods, #Morinaga Nutritional Foods Vietnam, #Mr. Uechi Naoto

HANOI, Vietnam, May 21, 2024– Morinaga Nutritional Foods Vietnam (MNFV), a company under the Morinaga Milk Industry Group (Japan) and formerly known as Elovi, is introducing its new strategies for sustainable development and responsible business in Vietnam, in line with the Morinaga Milk Industry Group’s long-term vision and sustainability strategy.

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Driving Shared Value with Social Responsibility and Sustainability

Aligning with the United Nations’ statement in “Our Common Future”(1987), that Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs,” MNFV’s approach is to reduce negative impacts on the environment and society as much as possible, while creating positive value for society through business, and sustainably increasing corporate value.

“We believe that contributing to the sustainable development of Vietnam, not just for our sales and profit, is the significance of our business expansion from Japan to Vietnam. We also have a responsibility to future generations. Built into our business is the belief that taking positive action toward global environmental and social issues is indispensable for the future. We would like to pursue economic and social value at the same time and contribute to the sustainable development of Vietnamese society and the Morinaga Milk Industry Group.” shared Mr. Uechi Naoto, the Executive Director of the Corporate Division of MNFV.

To outline the key role sustainability and responsible business practices play in driving value for Vietnamese consumers, MNFV leaders recently spoke at a seminar organized by the UN Development Programme of Vietnam and Vietnam Japan University in February, where they also elaborated on the brand’s key Sustainability Management Strategy.

Sustainability Management Strategy Focus Areas in Vietnam

In line with the Morinaga Milk Group’s sustainability management policy, MNFV has developed specific issues to be addressed and action plans for the Vietnamese market. The management members discussed the issues and action plan for about six months, and officially started full-scale actions at the timing of the company name change. MNFV’s sustainability management consists of four pillars and nine key issues. The company has established specific action plans for each of the key issues.

The four pillars consist of Food and Wellness, Resources and the Environment, People and Society, and Governance and Risk Management, which are linked to business activities.

Based on the Action Plan, concrete actions have also been initiated, for example, the “decision to install solar panels in the factory” and “conducting a human rights impact assessment” in the first quarter of 2024.

In April, the company also launched a short-term training program on sustainability management for the next generation – university students. “Companies need to engage in dialogue not only with our customers and business partners, but also with our various stakeholders. In particular, the younger generation will be the future leaders of Vietnamese society, and it is essential for management to listen to their opinions,” said Uechi.

Having incorporated the principles of sustainability and social responsibility across its business, MNFV will continue to advance by objectively reviewing performance, optimizing its mid-to-long-term sustainability plan as needed, and proactively communicating progress across stakeholders.