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Mondelez Kinh Do achieves 95% progress on sustainable packaging goals

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Mondelez Kinh Do continues to make progress towards its ambitious commitments to reducing the environmental impact of packaging and tackling plastic waste.

At present, up to 95% of Mondelez Kinh Do’s total packaging, including both plastic and non-plastic, is recyclable and reusable.

The company also has plans on doing validation for lamination film (PP-based material) for its products with sustainability material, as well as packaging material reduction by 20% for any new product development or re-innovation project.

This important milestone contributes greatly to the company’s long-term ambition to leverage its scale to reduce the impact on the environment and its commitment to achieving 100% packaging recyclable and labeled with consumer information across its portfolio by 2025.

To realize its commitments, Mondelez Kinh Do has significantly stepped up its efforts to make sustainable packaging not only available but also apparent to consumers.

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PRO logo is applied on the packaging of Mondelez Kinh Do’s products as an affirmation of its eco-friendly packaging.

As a member of the Packaging Recycling Organization Vietnam (PRO Vietnam), a leading initiative focused on driving the circular economy and making recycling more accessible and sustainable, Mondelez Kinh Do takes a leading position in on-pack communication for recycling with transparency.

Accordingly, the company applies PRO logo on the packaging of its products, including AFC, Cosy, Solite, LU, Oreo, Slide, and all products of Kinh Do Tet… as an affirmation of Mondelez Kinh Do’s eco-friendly packaging.

According to the “Plastics – A Growing Concern” report recently released by Ipsos, Vietnam plastic waste is amongst the highest in the world. More than 1.8 million tons of plastic are generated in the country annually, while only 27% of which is recycled.

This situation requires local enterprises to take proactive measures to minimize negative impacts on the environment and raise consumers’ awareness of reducing plastic waste and proper waste recycling.

“Reducing the environmental impact of packaging and tackling plastic waste are urgent priorities for us, which we take extremely seriously. This priority is in line with our long-term commitment to preserve the planet and meet consumers’ aspirations every day,” said Mr. Anand Jakati, Director of Supply Chain, Mondelez Kinh Do Vietnam.

“As a member of PRO Vietnam, Mondelez Kinh Do now can better partner and influence our external stakeholders to drive a circular economy for Vietnam. Mondelez Kinh Do team has taken the lead for working on the flexible packaging platform and bring technical know-how as well as the partnership with our peers in a non-competitive way to look for win-win solutions”, he added.

Earlier this month, the company made some bold steps forward in ambition to build a more sustainable snacking company. With the commitment to a 2050 target to Net Zero greenhouse gas emissions across the full value chain.

Mondelez Kinh Do will take an end to end approach and will prioritize efforts which drives greatest impact. Some notable interim plans are laid out include: Designing 100% of packaging to be recycle ready by 2025; Sourcing 100% Cocoa volume for chocolate brands through Cocoa Life Program by 2025; Converting manufacturing electricity footprint to renewable energy; Replacing thermal fuels (natural gas, diesel etc.) by ‘green alternatives’; Water and food waste reduction programs across the supply chain; Improving efficiency of distribution networks by route optimization, improve container & truck utilization, investing in new mobility concepts, etc.

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Mondelez Kinh Do has significantly stepped up its efforts to make sustainable packaging not only available but also apparent to consumers.

In Vietnam, the leading snack company pioneers to simplify and use innovative packaging materials to facilitate recycling in existing infrastructure. The company continues to eliminate unnecessary plastic where climate change impact is favorable while delivering product safety and quality.

In recognition of Mondelez Kinh Do’s pioneering role in sustainable development in Vietnam, Mondelez Kinh Do has been ranked one of the Top 100 sustainable companies in 2021, based on the Corporate Sustainability Index (CSI) led by the Vietnam Chamber of Commerce and Industry in coordination with the Ministry of Labor, Invalids and Social Affairs, the Ministry of Natural Resources and Environment and the Vietnam General Confederation of Labor.

PV

Source: https://vietnamnet.vn/en/sci-tech-environment/mondelez-kinh-do-achieves-95-progress-on-sustainable-packaging-goals-798853.html

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Many Southeast Asians survive through pandemic thanks to Vietnamese games

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In some Southeast Asian countries such as the Philippines and Malaysia, many people have had a stable income during the pandemic for two years now, thanks to Vietnamese games.

Nhiều người dân Đông Nam Á sống qua đại dịch nhờ game Việt

“Play to earn” was one of the most prominent technology trends in 2021. One of Vietnam’s games of this type – Axie Infinity – became a phenomenon on the world map in 2021. Instead of having to spend money to buy games for entertainment, now users can also earn money through games. “Play to earn” games often have a combination of Blockchain technology. The types of scores that players achieve in the game are designed in the form of tokens. These tokens are convertible into cryptocurrencies with measurable value.

In fact, there are times when blockchain games developed by Vietnamese have surpassed ordinary entertainment value. The proof is that many people in Southeast Asian countries such as the Philippines and Malaysia have earned a stable income from these games to survive during two years of the pandemic.

According to CNBC, at the peak of the Covid-19 epidemic in the Philippines, most people had to stay at home due to the effects of lockdowns. That’s also when the game Axie Infinity became a phenomenon in the country when it helped many people in the city of Cabanatuan, north of Manila, have more income.

Axie Infinity also has had a great influence in Malaysia. Joe Kit Yong – co-founder of Lorcan Gaming – told The Rakyat Post that blockchain games like Axie Infinity have been quite popular in Southeast Asia. Many gamers consider this their main source of income amid the pandemic.

According to Cointelegraph, besides Axie Infinity, Bemil is another Vietnamese game that has attracted Filipinos players recently. Currently, this game has over 100,000 app downloads with tens of thousands of people participating in groups on social networks.

To develop its community in this country, Bemil has launched a campaign to provide container houses for Filipinos who lost their jobs with a budget of about 5,000 USD per month.

Not only Axie Infinity and Bemil, many other Vietnamese blockchain games such as Thetan Arena, Titan Hunters, Sipher, and Atlantis Metaverse are gradually showing their influence.

The spread and influence of Vietnamese blockchain games can be considered a bright spot in Vietnam’s technology industry in 2021. This direction also opens up many new development prospects to go global for Vietnamese technology firms.

Trong Dat

Source: https://vietnamnet.vn/en/sci-tech-environment/many-southeast-asians-survive-through-pandemic-thanks-to-vietnamese-games-809685.html

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Vietnamese digital banking startup gets 20 million USD

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According to Techinasia, Vietnam-based bank Timo has raised $20 million in an investment round led by Square Peg. 

This is a famous investment fund that has invested in technology unicorn projects such as Canva, FinAnce and Airwallex.

Startup ngân hàng số Việt nhận khoản đầu tư khủng 20 triệu USD

In addition to Square Peg, Jungle Ventures, Granite Oak, Phoenix Holdings and several other angel investors also participated in this funding round.

This is Timo’s first fund-raising round. Proceeds from investors will be used to develop the base technology, with a focus on products specific to the Vietnamese market.

Established in 2015, Timo is a provider of digital banking services that enables users to make payments and participate in other financial services without having to go directly to a bank branch. Timo users can even open a bank account without going to a bank for registration.

Timo’s successful funding round comes in the context of increasing digital banking products in Southeast Asia, especially in Vietnam.

According to McKinsey & Company Vietnam, the percentage of service users of Fintech (financial technology) companies in Vietnam increased from 16% in 2017 to 56% in 2021.

The popularity of e-wallets and Fintech in Vietnam is higher than the average of emerging markets in the Asia-Pacific region and even higher than some developed countries.

Cash is still the “king” in all payment segments in Vietnam. However, the openness of Vietnamese users to e-commerce is very high. Consumers are willing to spend digitally, even with complex financial products involving mortgages, investments, and insurance policies.

McKinsey & Company also said that the scale of Vietnam’s digital ecosystem is estimated at 50 billion USD and can increase to 100 billion USD by 2025.

Before Timo, another Fintech startup in Vietnam – MoMo – announced the completion of the 5th round of funding (Series E) with a total investment of about 200 million USD. This deal also turns MoMo into a technology unicorn when it is valued at up to 2 billion USD.

The Covid-19 pandemic has contributed to promoting the development of digital payments in Vietnam as both people and businesses have formed awareness and understood the value of cashless payments. The habit of non-cash payments will not only be maintained but also will continue to be promoted in Vietnam in the post-pandemic period.

Trong Dat

Source: https://vietnamnet.vn/en/sci-tech-environment/vietnamese-digital-banking-startup-gets-20-million-usd-809687.html

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Stories about digital transformation shared on portal

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The T63 information portal – the digital stories of 63 cities and provinces – has been launched by MIC at T63.mic.gov.vn. This is the place for localities to share their experiences during the digital transformation process.

Stories about digital transformation shared on portal

At the conference

The Ministry of Information and Communications (MIC) recently organized an online conference to share and disseminate experiences on digital transformation, connecting with 63 local departments of information and communications.

The leaders of Thai Nguyen, HCM City, Thua Thien – Hue, Bac Giang, Ba Ria – Vung Tau, Lang Son, Thai Binh, Binh Duong and Da Nang talked about digital transformation in their localities in accordance with three topics – digital government, digital economy and digital society.

The stories are about the application of Party Member Handbook platform; provincial digital transformation model in LangSon; the deployment of information system that serves safe, flexible adaptation and effective control of the pandemic in HCM City; AI switchboard solution to advise and support F0s at home; and QR Code travel permit application in Da Nang.

Deputy Minister of Information and Communications Nguyen Huy Dung said digital transformation is a story of 63 cities/provinces, more than 700 districts and over 11,000 communes.

With the viewpoint ‘success comes from sharing’, MIC built an information portal for 63 cities/provinces to share their stories at T63.mic.gov.vn.

Each article must not contain more than 1,000 words and each clip must not be longer than 12 minutes.

“In the last few years, we have heard success stories in other countries. And now, I hope that every locality can tell success stories of its own,” Dung said.

He went on to say that he expects to listen to stories about topics which were still not related at the conference, such as digital transformation at people’s councils at different levels; digital skill training; the tools and platforms that help localities go digitized; and the use of data to make important decisions.

MIC has asked the International Cooperation Department and Authority of Information Technology Application to upgrade the website to make it more convenient to use so that users just make one click to share their stories on many social network platforms. This will also be a repository of original stories for central and local media agencies to build reports and infographics to contribute to the sharing of information.

At the conference, the Authority of IT Application introduced training courses on digital information to be provided to 10,000 officers at state agencies and media agencies. The training is expected to begin in March 2022. Four major issues would be mentioned in the training, including 1/ heightening awareness about digital transformation 2 /digital government 3/ digital economy and 4/ digital society. 

Trong Dat

Source: https://vietnamnet.vn/en/sci-tech-environment/stories-about-digital-transformation-shared-on-portal-809558.html

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