Speaking16 9

1.
How can companies balance the need for high production volumes
with environmental sustainability
When a business wants to upgrade levels of production, it leads to high energy
consumption and production costs, as well as more environmental implications due
to the additional material handling and storage and the intermediate and final
inspections. These are the reasons that we need to improve environmental
sustainablity in high volume production.
The first one is about: renewable energy, business can incorporate renewable
energy sources like solar, wind, or geothermal energy into production processes.
This reduces reliance on fossil fuels and cuts greenhouse gas emissions.
Technologies: Investing in energy-efficient machinery and production methods can
help companies maintain high production while lowering their carbon footprint.
Embrace a circular economy model by recycling materials, reusing waste products,
and designing for disassembly, thereby reducing the environmental impact.
Use biodegradable, recyclable, or renewable materials in product design.
Sustainable products reduce environmental harm and can be marketed as eco-
friendly, appealing to conscious consumers.
For example, Cocoon is a vegan comestic brand of Vietnam. Cocoon selects plant –
based ingredients such as winter melon, turmeric, coffee, grapefruit and roses
instead of synthetic chemicals. This helps minimize environmental impact and
protect biodiversity.
Especially, about Recyclable packaging: Cocoon has shifted to using recyclable
packaging, such as PET plastic bottles and biodegradable materials, helping to
reduce plastic waste.
The company also simplifies its packaging design to reduce material consumption,
contributing to resource-saving efforts.
 Cocoon has become a successful example of balancing large-scale production
with environmental sustainability. The company meets the growing market
demand for eco-friendly products while contributing to the protection of
nature and national resources.
2. Should companies prioritize short-term profitability over
long-term financial stability
In my opinion, companies should prioritize long-term finacial stability over

short term profitability for serveral reasons:
Firstly, Long-term stability ensures the company's ability to survive and thrive
in the future. Prioritizing short-term gains, such as cutting costs or making quick
sales, can jeopardize future growth opportunities or damage brand reputation.
Companies that focus on sustainable growth and innovation are better positioned to
adapt to changes in the market, consumer preferences, and competitive pressures
Secondly, Financial Health and Risk Management
Short-term profitability often involves riskier strategies, such as taking on
debt, cutting essential investments, or engaging in aggressive pricing. These
actions can lead to financial instability, making the company vulnerable to
market downturns or economic crises.
Otherwise, a focus on long-term stability encourages building cash reserves,
investing in research and development, and diversifying revenue streams, all
of which help manage risks and ensure resilience during difficult times.
Next, Employee Satisfaction and Retention
Cutting corners to boost short-term profits, such as reducing employee
benefits or laying off staff, can lead to low morale, reduced productivity, and
high turnover. Long-term success depends on a motivated and engaged
workforce. Investing in employee development and creating a positive work
environment fosters loyalty and long-term retention, which is critical for
maintaining a competitive edge.
 While short-term profitability can provide temporary benefits, companies that
prioritize long-term financial stability are more likely to achieve sustained
success, build strong relationships with stakeholders, and navigate
challenges effectively. The key is finding a balance that meets immediate
financial needs without sacrificing the company’s future.
For example, instead of focusing on selling traditional car models with short-
term profits, VinFast has invested heavily in R&D to develop electric car lines,
aiming to anticipate the energy transition trend in the global automobile industry. As
well as Vinfast has really spent a lot on promoting market penetration by offering a
lot of benefits to employees. Because Vinfast knows that in the future, people will
tend to use more electric cars to reduce CO2 emissions into the environment. That
is the reason why Vinfast increasingly holds a high position in the market

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In my opinion, companies should prioritize long-term finacial stability over

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