Media OutReach
Vingroup and the Rise of the ESG Ecosystem
Vingroup is positioning itself to lead Vietnam’s ESG push, using its broad business network to drive sustainable growth at home and abroad, while eyeing partnerships in the Middle East’s expanding sustainability sector.
HANOI, VIETNAM – Media OutReach Newswire – 7 May 2025 – In one of Vietnam’s crowded conference halls this month, corporate leaders gathered to debate the importance of ESG in business. One idea gained particular attention, even though it seemed obvious: no single company can tackle environmental and social challenges alone. It is necessary to build an ESG (Environmental, Social, Governance) ecosystem, an interconnected network of businesses, investors, and regulators. Among the Vietnamese companies seen as capable of leading this effort is Vingroup, a giant with a footprint spanning transportation, healthcare, real estate, and education.
The shift toward ecosystem thinking has been happening around the world for years. Governments are tightening disclosure rules. In Europe, new regulations now require businesses to track ESG performance across their entire supply chains. In the Middle East, despite a long reliance on oil wealth, new initiatives are emerging to support sustainability, including large-scale urban construction projects. Countries like the United Arab Emirates and Saudi Arabia are launching ambitious efforts such as NEOM and Masdar City, which are planned communities centered around clean energy, smart mobility, and sustainable living.
The trend is clear. Companies are positioning themselves to lead the next phase of global commerce by embedding ESG principles into every aspect of their operations.
For Vingroup, ESG is not simply a new box to tick. It has already become an integral part of their business model. Their EV arm, VinFast, moved aggressively into electric mobility, ending production of gasoline-powered vehicles in 2022. Last year, VinFast delivered more than 97,000 electric cars, representing an increase of approximately 192 percent compared to 2023. Although this figure may seem modest compared to established global giants, it made VinFast the top-selling car brand in Vietnam. These vehicles are helping to cut tens of thousands of tons of carbon dioxide emissions each year.
Electric public buses, operated by VinBus, offering commuters a clean alternative to diesel-powered transport. Vinhomes, Vingroup’s real estate arm, has integrated solar panels, smart water systems, and green parks into its large-scale developments. VinUni, Vingroup’s university in Hanoi, has established a Center for Environmental Intelligence to focus on real-world applications of sustainability research.
Meanwhile, Vietnam’s small- and medium-sized businesses, which account for about 97 percent of the country’s enterprises, are still finding their footing in ESG adoption. Many businesses remain unclear about how to begin. Sixty percent lacked information on where to register for support, according to Mr. Mạc Quốc Anh, Vice Chairman and Secretary-General of the Hanoi Small and Medium Enterprises Association. Without larger players stepping up, the gap between companies embracing ESG and those left behind will only widen. With its scale and expertise, Vingroup is in a strong position to anchor a broader movement and help smaller companies align with global standards.
Beyond Vietnam, new opportunities are emerging in regions that were once considered unlikely markets. The Middle East is undergoing a profound economic and environmental transformation. Driven by national visions such as Saudi Arabia’s Vision 2030 and the UAE’s Net Zero 2050 strategy, Middle Eastern governments are investing heavily in green mobility, smart infrastructure, and renewable energy. Entire cities, industrial hubs, and tourism complexes are being designed with sustainability as a core principle.
For a company like Vingroup, the alignment is natural. Its experience in creating interconnected and sustainable businesses matches the region’s demand for credible, fully integrated partners.
Cooperation could take many forms, including electric vehicles on desert highways, smart residential hubs powered by renewable energy, green hospitals, or financial models that reward environmental stewardship. While the specifics may vary, the central idea remains the same: combining strengths to create long-term value.
As public awareness grows and regulatory pressures intensify, Vietnam’s corporate sector is moving from fragmented ESG efforts toward a more unified approachWith companies like Vingroup leading the way, Vietnam is actively shaping what sustainable development will look like, both at home and on the global stage.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
Media OutReach
Credo Assurance Earns ESG Certification to Support Sustainability Reporting
A Response to a Changing Regulatory Environment
Singapore’s corporate sustainability environment has undergone a major transformation in recent years. What began as voluntary corporate social responsibility is now transitioning into a regulated requirement driven by new disclosure mandates. The Singapore Exchange (SGX) requires all listed companies to publish sustainability reports, with climate-related disclosures to be aligned with the International Sustainability Standards Board (ISSB) framework.
These developments mirror global trends, including the European Union’s Corporate Sustainability Reporting Directive (CSRD) and the proposed climate disclosure rules by the US Securities and Exchange Commission (SEC). Notably, these frameworks are influencing supply chains and investment decisions worldwide.
A Commitment to Rigorous Standards and Responsible Practice
The certification was issued by the Institute of Singapore Chartered Accountants (ISCA) under the Professional Certification in Sustainability Assurance programme, which focuses on the International Standard on Sustainability Assurance (ISSA 5000). The curriculum also covers key frameworks, such as ISAE 3000, ISO 14064-3, and the reporting principles set out by the Sustainability Reporting Advisory Committee (SRAC).
Participants undergo six months of structured e-learning and a three-day capstone assessment module, which includes a comprehensive 65-question examination. The programme integrates the Task Force on Climate-related Financial Disclosures (TCFD), European Sustainability Reporting Standards (ESRS), Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), the Sustainability Accounting Standards Board (SASB), and other global reporting standards.
“The certification demonstrates our firm’s dedication to professional rigour and to supporting Singapore’s transition toward a sustainable, transparent economy,” as revealed by Ethan Ong, Director of Credo Assurance. “We aim to strengthen stakeholder confidence and enhance the quality of ESG reporting.”
New Sustainability Assurance Services to Support Businesses Across Sectors
Building on this certification, Credo Assurance has launched its sustainability assurance service. The firm will provide assurance on ESG disclosures, assess internal data controls, and advise on alignment with recognised frameworks such as GRI, ISSB, TCFD, and SASB. In addition, the service covers climate audit and reporting, ESG data verification, and training programmes to help companies integrate sustainability practices into daily operations.
Credo Assurance’s new offering aims to support a wide spectrum of organisations, from listed companies preparing for upcoming SGX requirements to SMEs participating in global supply chains. Industries with significant environmental or social footprints, such as energy, construction, manufacturing, transport, and real estate, are expected to benefit most from independent verification. These services also extend to firms seeking ESG-linked financing or those aiming to enhance their brand credibility and investor trust through transparent reporting.
Shaping the Future of ESG Assurance in Singapore
As Singapore moves toward mandatory climate-related disclosures in 2025, ESG assurance is set to become essential in the audit and accounting sector. Independent verification of non-financial information, such as carbon emissions, labour practices, or governance metrics, helps ensure sustainability reports present accountable and measurable performance.
“ESG assurance is the next evolution of trust in business reporting,” said Mr Ong. “It applies the principles of audit integrity to sustainability, enabling companies to demonstrate both their financial performance and their broader responsibility to society and the environment.”
Hashtag: #CredoAssurance #AccountingFirmSingapore #ESGAssurance
https://credo.sg/
https://www.linkedin.com/company/credo-assurance-llp
The issuer is solely responsible for the content of this announcement.
About Credo Assurance
Credo Assurance LLP is an ACRA-registered public
accounting firm in Singapore. They provide audit, accounting, and advisory services to both businesses and individuals, helping clients navigate complex regulatory requirements and economic challenges.
Media OutReach
Understanding Credit Exemptions at SIM: A Guide for Polytechnic and SIM GE Diploma Graduates
Understanding Credit Exemptions
Credit exemptions enable students to receive recognition for modules previously completed during prior studies. This eliminates the need to repeat similar content, allowing eligible students to focus on new areas of learning. This practice, widely adopted in higher education, ensures students build upon existing knowledge while meeting the academic standards of their chosen degree programme.
Eligibility and Assessment
Credit exemptions at SIM GE are not granted automatically. Each application undergoes a rigorous evaluation to maintain academic integrity. The assessment considers several factors, including the relevance of previous qualifications to the chosen degree, the level and content of prior modules compared to the programme requirements, and the accreditation and recognition of the awarding institution. Through these measures, SIM GE ensures flexibility for students with diverse educational backgrounds while upholding academic excellence.
Types of Exemptions Available
SIM offers several pathways for credit exemptions, depending on prior qualifications and programme requirements. Holders of relevant Polytechnic or equivalent diplomas may receive exemptions that can reduce the overall study duration by up to one year, subject to programme-specific criteria and GPA requirements. Students who have completed SIM GE diplomas or other recognized qualifications may be eligible for advanced standing when enrolling in selected partner university programmes offered through SIM Global Education. For applicants with qualifications outside standard frameworks, exemptions are assessed individually on a case-by-case basis to ensure alignment with academic standards and programme requirements.
Key Information for Applicants
Credit exemptions are designed to acknowledge prior learning while ensuring that all students meet the academic standards of their chosen programme. They are not guaranteed and vary based on factors such as the relevance of previous qualifications, programme requirements, and institutional recognition. Applicants are encouraged to review the specific exemption policies for their intended programme and seek guidance from SIM Counsellors to understand their options.
References:
- SIM GE University Partners – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
30 Million Strong: China Changan Automobile Group Hits Historic Production Milestone, Ushering in New Era of User-Centric, Tech-Driven Global Growth
“Changan remains committed to delivering smarter, greener, and more fulfilling mobility, meeting the aspirations of global users for a better future.” said Zhu Huarong, Chairman of China Changan Automobile Group.
Uncompromising Safety: The “Safe Journey Home”
Safety is Changan’s top priority, a commitment dating back to 1999 with China’s first minivan crash test. Since then, the company has advanced its protective capabilities from passive safety structures to today’s active safety interventions. Backed by the industry’s only State Key Laboratory of Intelligent Vehicle Safety Technology, Changan uses its proprietary CA-ITVS verification system to subject vehicles to over 5 million kilometers of testing—guaranteeing a lifespan of 10 years or 260,000 kilometers.
In the smart era, Changan is redefining protection with its newly launched “SDA Intelligence”. Moving beyond physical defense, SDA Intelligence introduces a holistic safety ecosystem that secures both passengers and their data, ensuring a “Safe Journey Home” in every dimension.
Tech-Driven: Innovations That Matter
Driven by its Green and Intelligent strategies, Changan is bringing tangible innovations to market. The Green Plan targets electrification, battery safety, and new energy vehicle ecosystems, while the Intelligent Plan advances vehicle intelligence, autonomous systems, and connectivity. Key breakthroughs include the Golden Shield Battery system for superior safety, and the high-frequency pulse heating for cold-weather efficiency. The BlueCore 3.0 powertrain delivers hybrid and ICE solutions, balancing high performance with exceptional fuel economy. These technologies ensure that every journey is efficient and reliable.
A Bold Future: Smart Mobility and Global Reach
Looking ahead to 2030, Changan has unveiled a visionary roadmap to rank among the world’s top 10 automotive brands with annual sales of 5 million units. By 2030, Changan expects over 60% of sales to be new energy vehicles and 30% to come from overseas markets, solidifying its place on the world stage.
The issuer is solely responsible for the content of this announcement.
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