Customs officials checks the transportation of goods at Huu Nghi International Border Gate via a digital border gate platform. — VNA/VNS Photo Anh Tuan Smart border gate control should be launched to prevent congestion and facilitate cross-border trade in farm products between Viet Nam and China. The proposal was raised at the working session between Viet Nam Ministry of Agriculture and Rural Development and China’s Guangxi Province on Tuesday on measures to promote the trade exchange of farm produce between the two countries. Guangxi was the largest gateway for agricultural exports from Viet Nam to China. Statistics of the China Customs showed that around US$350.4 million worth of agricultural products was imported to China via border gates with Guangxi Province in the first four months of this year, accounting for 19.7 per cent of Viet Nam’s total agricultural exports to China. According to Nanning Customs, the peak harvest seasons for fruits such as durian and mango are … [Read more...] about Smart border gate control proposed to facilitate trade of farm produce with China
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Vietnam’s T&T Group, RoK’s DB Group seal cooperation deal
At the signing ceremony. — Photo hanoimoi.com.vn The Republic of Korea's conglomerate DB Group on Tuesday announced it has signed a memorandum of understanding (MOU) on business cooperation with Viet Nam's T&T Group. The two have agreed to share their infrastructure and know-how in Viet Nam, and to enhance mutual synergy through various collaborations. T&T Group, established in 1993, is a leading Vietnamese company engaged in various businesses, including financial services, energy, trade and real estate. It has over 200 subsidiaries and employs around 80,000 people. DB Group's Viet Nam business is led by DB Insurance. Its property and casualty insurance unit was established in 1984. DB Insurance made a leap forward in Viet Nam's market by acquiring PTI Insurance in 2015, becoming the third-largest insurance company in terms of market share in the Southeast Asian country. — VNS … [Read more...] about Vietnam’s T&T Group, RoK’s DB Group seal cooperation deal
An Giang seeks to develop value chain of products from lotus silk
Farmer weaves lotus silk in the Mekong Delta province of An Giang. — VNA/VNS Photo The International Union for Conservation of Nature Viet Nam (IUCN) in cooperation with An Giang Province in the Mekong Delta has launched a project on developing a sustainable value chain of products from lotus silk, with the financial support of The Coca-Cola Foundation (TCCF). The organisation has recently held a workshop to introduce the project to relevant stakeholders, focusing on the role of flood-based agriculture, the value chain for flood crops such as lotus and, in particular, the added value that can be developed from lotus silk. The project's goal is to promote flood-based livelihoods using lotus cultivation to support flood retention areas and restore some of the four billion cubic metres of water retention that was lost between 2000 and 2011 in the Mekong Delta. It will develop lotus silk making as a sustainable occupation for local communities, especially women. The project … [Read more...] about An Giang seeks to develop value chain of products from lotus silk