Agricultural products company

Vietnam's National Assembly Chairman Vuong Dinh Hue visited Albertirsa City on Sunday, where he had talks with Deputy Speaker of the Hungarian parliament István Jakab, concentrating on agricultural cooperation, as part of his ongoing visit to Hungary. Hue arrived in Budapest late on Saturday afternoon (local time) for an official visit from June 26 to 28, at the invitation of Hungarian National Assembly Speaker László Kövér, Nhan Dan (People) newspaper reported. In his meeting with Deputy Speaker Jakab, Hue thanked him for spending time accompanying the Vietnamese delegation’s visit to Albertirsa and a processing factory of Mirelite Mirsa Co. Ltd., an outstanding local enterprise in clean and green agriculture. The host and guest affirmed that the two sides should focus on promoting cooperation in agriculture, especially when Hungary has strengths in such fields as cultivation, processing, marketing, and distribution. They agreed that there remains ample room for the two … [Read more...] about Vietnam’s top legislator meets Hungarian parliament deputy speaker, focusing on agriculture cooperation

The Viglacera booth at Vietbuild 2022 in HCM City. Viglacera has cooperated with the world's leading experts in designing and transferring green technologies. — Photo courtesy of the firm Viglacera takes “pioneer in green technology” as its core value, said Phung Viet Quang, General Director of Viglacera Ceramic Tiles Joint Stock Company, at a networking event themed 'Touch the future' held in HCM City last week. Organised under the Vietbuild exhibition 2022, the event aimed to connect and create opportunities for influential individuals in the field of design and architecture to introduce new products and connect sustainably with domestic and foreign experts. The event showed how green technologies are efficiently used in energy and resources in the entire process of socio-economic activities to minimise the emission of greenhouse gases and pollutants. Prominent technologies were mentioned, such as technology to reduce greenhouse gas emissions, efficient use of energy; brick … [Read more...] about Vigalcera promotes green technologies in production

VASEP proposed practical solutions to decrease logistics cost in the near future Chairman of Vietnam Tourism Association Vu The Binh stated that to promote the recovery of this industry in the near future, there must be new interesting tour packages to attract international tourists, along with favorable conditions to welcome them to Vietnam. He proposed a working session between the tourism and aviation industries to introduce the most reasonable prices for these new packages. Deputy General Secretary of Vietnam Association of Seafood Exporters and Producers Nguyen Hoai Nam shared that the high fuel prices have created pressure on many businesses, and many fishermen have stopped their work. He suggested some solutions to reduce logistics cost, including digital transformation among member businesses, which was wholeheartedly welcomed by Minister Dung with the promise to support any needy enterprises in order to increase their competitiveness. Vice Chairwoman of Vietnam … [Read more...] about Vietnam collecting feasible solutions to boost production, trading, investment

National Assembly Chairman Vuong Dinh Hue (R) receives Tamas Uri, Head of CEE Region at Egis Pharmaceuticals PLC (Photo: VNA) Budapest – National Assembly (NA) Chairman Vuong Dinh Hue received leaders of several Hungarian enterprises which are operating in Vietnam on June 28 in Budapest as part of his official visit to the European country. At the meetings with a leader of Gedeon Richter Company – Hungary’s multinational company operating in the field of pharmaceutical manufacturing and biotechnology research and development (R&D), and representatives of Egis Company - a leading pharmaceutical company in the Central Eastern Europe, Hue appreciated the results of their activities in Vietnam, adding that pharmaceuticals is the country’s potential field of cooperation with many preferential policies. Leaders of Gedeon Richter and Egis showed their hope that Vietnam will speed up and simplify administrative procedures for drug registration so that many new products can be … [Read more...] about NA Chairman receives leaders of several Hungarian companies

With the launch of its revamped offering, Kredivo and VietCredit pioneer by providing a very unique product in the Buy Now Pay Later space across the country, in line with its ambition to bring innovative payment solutions to the Vietnamese market, for the benefit of the Vietnamese people. According to Kredivo, the Vietnam e-commerce industry has some similarities with Indonesia in respect of the tremendous potential it represents as well as some of the challenges both face. In Indonesia, Kredivo has contributed to remove the obstacles of the country's online retail industry by introducing the most advanced digital credit payment method, enabling Kredivo’s 5 million+ users in Indonesia to get instant access to flexible and affordable credit, and the merchant partners also benefit from instant point-of-sale financing, powered by its unique 2-click checkout. That makes Kredivo a market leader with at least 50 percent Buy Now Pay later wallet share across most of the major Indonesian … [Read more...] about Kredivo introduces its newest payment methods in Vietnam

Assembling cars at a VEAM automobile factory in Thanh Hoa Province. — Photo VNA The Vietnam Engine and Agricultural Machinery Corp (VEAM) has set a target of achieving average revenue growth of 6.5 per cent annually from now to 2027. The company's annual pre-tax profit, industrial output and revenue were set to grow 5 per cent and 10 per cent, respectively in the period, VEAM said, adding that it would focus on strengthening cooperation among member units while expanding its presence in the domestic market and promoting exports. According to VEAM chairman Nguyen Khac Hai, his firm will seek qualified investors to co-operate directly or through subsidiaries to invest in production projects, agricultural machinery trading, automobiles and supporting industries. The company's latest report revealed that the impact of the pandemic and caused many difficulties. However, in the first quarter of 2022, VEAM's revenue surpassed VND1.13 trillion, up 17 per cent year-on-year or … [Read more...] about VEAM expects total revenue to grow 6.5% annually

The week-long event, which started on June 26, is hosted by the Vietnam Trade Office under the Vietnamese Embassy in the U.K. in collaboration with the Vietnam Business Association in the U.K. (VBUK), and Longdan and EUTEK groups. As part of activities in the trade promotion program of the Vietnamese Ministry of Industry and Trade (MoIT), the event aims to promote Vietnamese high-quality products which are benefiting from the U.K.-Vietnam Free Trade Agreement (UKVFTA), to British retailers and consumers. Handicraft products, coffee, fresh and dried fruits, canned fruit juice, vermicelli, dried noodle, rice papers, cashew nuts, and fragrant rice of reputable export enterprises of Vietnam are being displayed at the supermarket and Vietnamese markets in Nottingham city. At the event, Sao Thai Duong JSC became the first Vietnamese enterprise to set up a showroom in the U.K. to introduce its herbal healthcare and beauty products. Speaking at the opening ceremony, Ambassador Nguyen … [Read more...] about Vietnamese goods, foods introduced in U.K.

Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy

Mekong Delta farmers (Photo: sggp.org.vn) Can Tho (VNA) – The “Securing the Food Systems of Asian Mega-Deltas for Climate and Livelihood Resilience ” Initiative (AMD) was launched at a conference in the Mekong Delta city of Can Tho on June 28. Home to 177 million people, of whom 36% are poor, the densely populated Asian mega-deltas are biodiverse, fertile and productive food baskets dominated by rice, fisheries and aquaculture that support millions of people beyond the delta dwellers themselves. However, tens of millions of small-scale producers living in Asian mega-deltas face risks to food and nutrition security and livelihoods from impacts of climate change. The deltas are also severely affected by more frequent and more intense floods, sea-level rise and salinisation of freshwater and soil. Therefore, this initiative aims to create resilient, inclusive and productive deltas - which maintain socio-ecological integrity, adapt to climatic and other stressors, and … [Read more...] about Initiative to protect food systems in Asian mega delta launched in Can Tho

Farmers in the Mekong Delta are under pressure due to climate change. (Photo: SGGP) Speaking at the conference, Mr. Le Thanh Tung, Deputy Director of the Department of Crop Production, said that mega-deltas in Asia, including the Mekong Delta, play an important role in providing food for millions of people in the region. However, the food systems in these deltas are being severely impacted by climate change, including floods, salinity intrusion, water shortages, and increasingly severe climate conditions. It negatively impacts economic growth, food security, and nutrition, besides challenges from urbanization and migration, and creates new poverty traps and hotspots of hunger. Dr. Ole Sander, Representative of the International Rice Research Institute (IRRI) in Vietnam, emphasized the role of Asian mega deltas as food baskets for countries in the region. The main goal of the Asian mega-deltas initiative is to build these deltas capable of sustaining socio-ecological integrity, … [Read more...] about Mega-deltas creating food baskets severely impacted by climate change