business

The minister made his remarks during a teleconference held in Hanoi on August 18 on the implementation of the Government Resolution 98 on encouraging the linkages in agricultural production and consumption and the Government Decision 461 on the project of developing 15,000 cooperatives and cooperative alliances by 2020. The event was co-chaired by Deputy Prime Minister VuongDinh Hue and Minister of Agriculture and Rural Development Nguyen Xuan Cuong. Minister Cuong said that the domestic production capacity for agricultural products is very large but there is a lack of linkages between farmers and the market, resulting in unstable consumption. He added that if cooperatives are established and developed in the right direction, they will act as an important factor for agricultural restructuring. Vice Chairman of Lam Dong provincial People’s Committee Pham S said that the synchronous development of cooperatives will help to enhance the export value chains to US$50-US$60 in the … [Read more...] about Cooperatives should be nucleus to enhance value chains

The Chinese side highly valued the quality of Vietnamese farm produce and China spent US$3.7 billion on imports of Vietnamese agricultural products in the first half of this year. The conference informed enterprises on regulations regarding traceability and quarantine procedures for fruit and vegetable exports to China and discussed the difficulties facing enterprises in import-export activities. Vietnam and China have witnessed growing trade revenue over the past years with two-way trade revenue reaching US$93.7 billion in 2017, up 30.2% over 2016. Delegates at the event said border gate management agencies should improve the process of goods clearance to facilitate the imports and exports of Vietnamese products, lowering the prices and costs of products. The delegates also witnessed the signing of a number of agreements between enterprises of two countries to boost the consumption of agricultural products. … [Read more...] about Vietnam, China link up to boost border trade in farm produce

About 2,000 trees of Ngoc Linh ginseng will be planted at the Hon Ba Nature Reserve in the central coastal province of Khanh Hoa. (Source: internet) Khanh Hoa (VNA) – About 2,000 trees of Ngoc Linh ginseng will be planted at the Hon Ba Nature Reserve in the central coastal province of Khanh Hoa under a scientific research project. With a total funding of over 1 billion VND (43,000 USD), the project, to last until 2020, aims to expand Ngoc Linh ginseng production models in order to meet the increasing demands for ginseng and attract more tourists to the reserve. Covering more than 20,000 hectares in Khanh Vinh, Khanh Son, Cam Lam and Dien Khanh districts, the Hon Ba Nature Reserve has a diverse flora system with over 590 species. The Ngoc Linh ginseng (Panax vietnamensis, or Vietnamese ginseng) was found on Ngoc Linh Mountain on the border between the Central Highlands province of Kon Tum and the central province of Quang Nam in the late 1960s. By 1979, Quang Nam … [Read more...] about Ngoc Linh ginseng to be planted in Khanh Hoa

Viettel subscribers can enjoy a roaming fee reduction of up to 45 percent for calls, texts and data during ASIAD 18 in Indonesia. (Source: VNA) Hanoi (VNA) - Military-run telecom provider Viettel has announced a roaming fee reduction of up to 45 percent for calls, texts and data applicable to all subscribers in Indonesia from August 15 to September 14. The company’s move aims to welcome the Asian Games 2018 (ASIAD 2018), helping athletes, fans and people travelling to Indonesia save on roaming fees. In addition, Viettel will charge just one minute for the first two minutes of all calls. The one-month promotion programme applies for all Viettel subscribers successfully registering for roaming services on Indonesian networks such as Excelcom, Telkomsel and Indosat. Accordingly, the data roaming charge is currently 2,500 VND per MB. Customers can register for roaming services by sending CVQT to 138 or downloading the Viettel Roaming app on the Google Play Store or … [Read more...] about Viettel slashes roaming fees for ASIAD 2018

Illustrative photo (Photo: Prensa Latina) Havana (VNA) - Suchel TBV S.A., a joint venture between Vietnam and Cuba, was approved by the Cuban Government to build a detergent plant in the Mariel Special Development Zone (ZEDM), according to the Cuban News Agency (ACN). The agency quoted a statement of the ZEMD as saying that the joint venture was set up by Cuba’s Mercantile Society Industries Nexus S.A. and Vietnam’s Thai Binh Detergent JSC, with an operational period of 30 years. The plant whose construction is scheduled to last for 24 months is designed to have an annual capacity of 50,000 tonnes of detergents for domestic and industrial use, replacing more than 90 percent of detergents Cuba has imported from foreign countries. The ZEMD said with an initial investment capital of some 17.6 million USD, the plant will have environmentally friendly production lines, require less energy and generate a minimum of industrial waste. In 2016, Vietnam’s Thai Binh … [Read more...] about Vietnam-Cuba joint venture licensed to produce detergents in Cuba