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January 18, 2018, 7:26 am

Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0

(16:58:45 PM 06/12/2017)
(Tinmoitruong.vn) - Hanoi, 6th December 2017- Leading CEOs from Vietnamese and German businesses have taken a strong stand promoting sustainable development through responsible use of natural resources in the Forum “Beyond APEC 2017 – Sustainable development opportunities for corporate sector” held today in Hanoi.

Participants select rhino as symbolic protection of flagship species in response to the increasing call for the risk of extinction of the largest mammal in the globe.   

Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0
 
Industry 4.0 brings businesses both opportunities and challenges. To grasp these potentials, businesses are exploiting significant resources with a particular focus on natural resources in such industries as biotechnology and medical sector.  
 
According to CEO Nguyen Huu Thai Hoa, Director of Centre for Thinking Science, Ministry of Science and Technology, President of Knowhow 3.0 Association: “Vietnamese enterprises are exposing to great benefits of Industry 4.0 where strategic business development and careful planning are key to success.”
 
“There is an inevitable increase in the demand on the world’s natural resources everywhere and in Vietnam. Human-being is heading catastrophe over natural disasters including sea level rise, deforestation, floods and climate change due to unsustainable development. A sixth mass extinction in Earth’s history and the loss of 75% species is under way and is more severe than previously feared. It means we are facing a natural resource crisis”, said Mr Van Ngoc Thinh, WWF-Vietnam.
 
“Demand for wildlife products including rhino horn in Vietnam is a typical driver of the earth’s mass extinction. We highly appreciate the commitment of these leading CEOs to become champion in efforts to deter illegal use of wildlife products.”
 
Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0
 
According to Mdm. Pham Chi Lan, Member of the National Council for Sustainable Development and Competitiveness: “Global economic integration has posed great challenges to businesses operating in Vietnam. However, it creates opportunity whereas compliance of international standards on labour, environment protection and responsible use of natural resources helps to enhance competitiveness of domestic enterprises towards foreign counterparts and importers. In the globalization world, CSR is no longer a “knee-jerk” reaction. It's a necessity.”
 
Mr. Nguyen Viet Hung, CFO of B. Braun Vietnam said: “Sustainability is an essential guiding principle of B. Braun's corporate activities. It is important to us to create sustainable values for our employees, society and the environment. B. Braun Vietnam is promoting environmentally responsible practices and sustainable use of natural resource which go against the use of protected wildlife products while maintaining effective and eco-friendly medical products and services.”
 
Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0
 
The Forum, organized by WWF-Vietnam in partnership with the Hanoi Young Enterprise Association, ensured that business leaders attending the event commit to become prominent “agents for change” in efforts to protect wildlife by rejecting illegal consumption of wildlife products, which is also integrated in company’s corporate social responsibility policies. 
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