Follow us to see the latest news about Vietnam. Kon Tum - Ngoc Linh Ginseng Festival to be held every two years The event will include activities such as an exhibition showcasing Ngoc Linh ginseng and other medicinal herbs related to the development of tourism and the life of ethnic communities. Distinctive tourism products related to Ngoc Linh ginseng and other " One Commune One Product " (OCOP) products and various cultural and sports activities will be displayed. Vietnam hosts world's first post-pandemic meeting of instant noodle producers Acecook Vietnam production line. Photo courtesy of the company The first post-pandemic meeting of the World Instant Noodle Association was recently held in Ho Chi Minh City. This is also the first meeting of the association in Vietnam. The meeting brought together 13 companies from 11 countries and two research institutes. Acecook Vietnam was the only Vietnamese noodle producer to attend the event. Vietnamese … [Read more...] about Vietnam news in brief – October 3
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Cold storage supply remains behind requirements
Cold storage supply remains behind requirements, illustration photo/ Source: freepik.com The country’s cold storage industry is expected to reach a value of $295 million by 2025, with an annual growth rate of 12 percentage points, according to Savills Vietnam. At the end of August, Hau Giang Cold Storage Logistic Co., Ltd. started construction on its first outsourcing cold storage project in the same province. The scheme includes six cold storages equivalent to a capacity of 88,000 tonnes. With an estimated investment of around $21.7 million, the project will use modern technology from the EU and applying digital management. It is scheduled to be ready for operations by 2027. A Savills Vietnam report released in August shows that, although it only accounts for 11.4 per cent of the total number of transactions in the industrial real estate segment, the cold storage real estate market recorded an annual growth rate of nearly 30 per cent from 2017 to 2022, far exceeding … [Read more...] about Cold storage supply remains behind requirements
HAGL chairman plans to sell hotel in Vietnam’s Central Highlands
Doan Nguyen Duc, board chairman at Vietnamese agricultural giant Hoang Anh Gia Lai JSC (HAGL), intends to sell Hoang Anh Gia Lai Hotel in Pleiku City, situated in the Central Highlands province of Gia Lai, to make debt payments. The management board of the firm has reached a consensus on liquidation of unproductive properties, especially the sale of Hoang Anh Gia Lai Hotel, which was the first four-star lodging facility in the Central Highlands region. Starting its operation in 2005, the hotel lies near Phu Dong Square in the heart of Pleiku City and includes 117 rooms. The proceeds from the hotel sale will be used to pay the principal and interest on the bonds issued in 2016 at the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), said Duc. The selling price has yet to be announced. The firm had earlier sold two resorts in Quy Nhon City in the south-central province of Binh Dinh, and in Da Lat City under Lam Dong Province, a hotel in Da Nang … [Read more...] about HAGL chairman plans to sell hotel in Vietnam’s Central Highlands
Bayer leveraging digital models to enhance healthcare
In the healthcare sector, it has become clear that we need to act now in order to provide opportunities to live healthier for longer. Digital health and ICT solutions have come to define a new standard of how people of all ages manage their health and prevent diseases. Digital platforms are combined with hospital expertise across a range of services Dr. Michael Devoy, chief medical officer at global healthcare and nutrition enterprise Bayer AG, says that digitalisation is a means to enhancing how healthcare innovations are brought to patients. “It encompasses an improvement in our processes, rendering them faster and more efficient than before, as well as facilitating a more profound understanding of our patients and delivering better outcomes for them,” Devoy explained. “I am proud of how we already make use of digitalisation at Bayer, as we continuously strive to provide new treatment options for patients across generations.” In Vietnam in recent years, the … [Read more...] about Bayer leveraging digital models to enhance healthcare
Labour ministry proposes delay of 2024 regional minimum wage increase
Employees working under labour contracts are directly affected by increase of minimum regional wage. (Photo: VNA) Hanoi (VNS/VNA) - The Ministry of Labour, Invalids and Social Affairs (MOLISA) has proposed delaying a salary negotiation meeting until the fourth quarter of 2023 because there is not enough scientific and practical basis to propose a time to adjust the regional minimum wage . Accordingly, MOLISA has sent an official dispatch to the Government Office to delay the submission of the decree stipulating the minimum wage for employees working under labour contracts. The ministry was assigned to develop the decree and submit it to the Government in October 2023. MOLISA said that the economy in the second quarter and the first months of the third quarter this year has shown signs of improvement. However, the global and regional socio-economic and security situation continues to have complex and unpredictable fluctuations affecting Vietnam’s economy. … [Read more...] about Labour ministry proposes delay of 2024 regional minimum wage increase
Miss Grand International 2023 to take place in Vietnam
Le Hoang Phuong represents Vietnam at Miss Grand International 2023 . (Photo: Sen Vang) Hanoi (VNS/VNA) - The search is on to find Miss Grand International 2023, which begins in Vietnam on October 3. Contestants face a busy schedule travelling from north to south through many localities across the country including Hanoi, Ha Long, Hue, Da Nang, Hoi An, and HCM City. Activities in the first phase of the competition such as interviews and Vietnam Beauty Fashion will take place in provinces and cities in the North and Central regions. Competition rounds such as national costume, semi-finals and finals will take place in HCM City. Contestants from other countries can learn about tourism, culture and the people of Vietnam through a series of tours of famous landmarks nationwide. The final night of the Miss Grand International 2023 contest will be held on October 25 at Phu Tho Gymnasium in HCM City. Brazil's Isabella Menin, the reigning Miss Grand International, will … [Read more...] about Miss Grand International 2023 to take place in Vietnam