Agro processing and market development authority

Besides, the projected complex will comprise a feed production factory with a capacity of two million tons per year, a slaughterhouse and a processing facility covering 400 hectares with a capacity of 600,000 tons per year. The project will be carried out in three phases. … [Read more...] about Russian firm to build pork processing complex in Thanh Hoa

At its core, a good marketing strategy includes a deep understanding of the target market. Once that is figured out, the business brand and its marketing strategy can move towards fitting in with the target market's perspectives. The pandemic has called for a change in the market's infrastructure, so does the need for every business to redevelop a new and appropriate marketing strategy. … [Read more...] about COVID-19 Crisis: How Digital Marketing Help Businesses Thrive Amidst the Pandemic

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

Meanwhile, Nguyen Van Thi, Deputy Chairman of Thanh Hoa People’s Committee, highly appreciated the investment of AVG Capital to implement the project. Thanh Hoa always welcomes investors to the locality. The province is committed to accompanying investors and creating the most favourable conditions for investors to research and implement projects here. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa

Impressive development achievements Starting the innovation process with the determination to integrate internationally 35 years ago, Vietnam was still a country with backward and closed production. It had consistently implemented reforms, transforming from a centrally planned, subsidized economy to a multi-sectoral commodity economy, which operates under the market mechanism and the State's management and towards socialism. From 1986 to 2000, on average, the gross domestic product (GDP) grew by 6.51 percent annually. The agriculture, forestry, and fishery sector edged up 3.72 percent; the industry and construction sector rose 9.06 percent; the service sector climbed 6.66 percent. The economic structure had gradually shifted towards promoting industrialization and modernization. The agricultural sector had absolutely solved the food problem, ensuring national food security, changing Vietnam from a country with a lack of food to become the second-largest rice exporter in the world. … [Read more...] about Bright economic appearance after 35 years of innovation