Africa good for farm investment: businessBy Ngoc Hung - The Saigon Times DailyHCMC – Some companies with experience in Africa have said this continent is a good destination for local investors.The HCMC-based Long Van 28 Company is planning to seek funding from the Government to invest in some 200,000 hectares of rice in Sierra Leone. This firm used to cooperate with Vietnam-Africa Agro-aquacultural Development Company (VAADCO) in wet paddy cultivation in several African countries.“Based on the achievements of VAADCO in Sierra Leone, we believe investment in rice production there would bring profit to Long Van 28,” said the company’s director Trinh Vinh Binh.Binh predicted farmland in Sierra Leone was enough to produce 5.4 million tons of rice a year and said that after supplying the domestic market, there would be over four million tons left for export.According to Professor Vo Tong Xuan, director of VAADCO, Africa offers many opportunities for local enterprises … [Read more...] about Africa good for farm investment: business
Business
Vietnam Business Forum convenes year-end session
The event, an annual dialogue between the Government and business community, was co-organized by the Ministry of Planning and Investment, World Bank, International Finance Corporation, and VBF Consortium. Scene at the 2017 year-end session of the Vietnam Business Forum. Photo: baodauthau Opening the forum, Minister of Planning and Investment Nguyen Chi Dung said 2017 marks significant moves by the Government in building a favorable business climate, citing the issuance of Resolution 19-2017/NQ-CP on enhancing business environment and national competitiveness, and Resolution 35/NQ-CP on supporting growth of enterprises toward 2020.The year was earmarked for the implementation of business-cost-cutting measures, he said. According to the official, dialogues between authorities at different levels and enterprises were frequently held throughout the year, with public agencies and sector working to simplify administrative procedures and facilitate business operations. In the first … [Read more...] about Vietnam Business Forum convenes year-end session
PM Phuc attends Annual Viet Nam Business Forum 2017
The Annual Viet Nam Business Forum 2017. Photo: VGP Participants to the forum are expected to focus on figuring out measures to spur productivity and industrial development in the context of the 4th Industrial Revolution as well as the development of the private sector.Representatives of the Viet Nam Chamber of Commerce and Industry (VCCI) and Business Associations of the Republic of Korea, Japan, the European Union and the US are expected to roll out legal and policy recommendations for Viet Nam to further improve its business climate and boost sustainable development and international integration.Viet Nam’s GDP rose from US$27 billion in 1997 when the forum was established to about US$220 billion in 2017 partly thanks to the expansion of the Vietnamese business community./. By Ngoc Van … [Read more...] about PM Phuc attends Annual Viet Nam Business Forum 2017
Emirates announces special offers for business class passengers from VN to Europe
Emirates has announced special offers for business class passengers travelling from HCM City to European destinations across its network on the occasion of Christmas.The promotion is available for booking made from December 11 to 21, 2017, and valid for travel until November 30, 2018.From HCM City, business class fares start from VND74,860,000 (US$3,327) to Paris, VND75,290,000 ($3,340) to Frankfurt, VND82,410,000 ($3,662) to Amsterdam or VND88,320,000 ($3,925) to London.On selected routes from Dubai, special Christmas meals and sweets will be served on board, such as Chocolate Yule Log, Gingerbread Man, Roasted Turkey Roll and Pumpkin Mash.In the entertainment department, Emirates’ special Christmas-themed music and movies will help passengers prepare for the festive season before they arrive.Emirates serves daily direct passenger flights from both Ha Noi and HCM City to Dubai, which are operated with two-class Boeing 777-300ER aircraft.On board this wide-body aircraft, … [Read more...] about Emirates announces special offers for business class passengers from VN to Europe
Vietnam Business Forum looks to boost private sector growth
Scene at the press conference (Photo: VNA)Hanoi (VNA) – The year-end session of theVietnam Business Forum (VBF) in 2017 is set to focus on measures to improveproductivity and boost the development of the private sector.At a recent press conference in Hanoi before the annualevent, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu TienLoc said the VBF, which is held twice a year, is a dialogue mechanism betweenthe Vietnamese Government and enterprises from both domestic and foreign-investedsectors.In a report submitted to the Government, the VCCI acknowledgedsignificant improvement made to the local business climate, particularly afterthe National Assembly passed the Law on Support for Small- and Medium-sizedEnterprises (SMEs). The implementation of Resolution 19-2017/NQ-CP on enhancingbusiness environment and national competitiveness, and of Resolution 35/NQ-CPon supporting growth of enterprises toward 2020 was also said to contribute tothe outcome.Hirohide … [Read more...] about Vietnam Business Forum looks to boost private sector growth