Vietnam aims to make textile industry 'greener'

15 Sept 05:11 Key points summarised by AI

Vietnam's textile industry is proactively adopting green production methods to meet stringent global market demands and expand exports.
This transition enables domestic enterprises to secure international green certifications, significantly improving product quality and consumer trust.
Despite the inherent challenges of transforming entire production chains, successful implementations highlight Vietnam's strong potential for green growth in textiles.
Industry leaders emphasize crucial steps like enhancing raw material quality, ensuring operational transparency, and integrating renewable energy and water-saving technologies.
The sector aims to develop a comprehensive green value chain, targeting $47 billion in exports by 2023 to establish Vietnam as a global textile and garment hub.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.