Yesterday, Mr. Le Huynh Minh Tu led a delegation to visit and work with key enterprises that supply pork products, poultry meat, and eggs for the city market at the peak of the upcoming Lunar New Year festival. Mr. Nguyen Trong Tri, Deputy Chief Customer Officer of C.P Vietnam Livestock Joint Stock Company, said that in 2020 C.P raised its production by more than 10 percent compared to 2019. Every day, the company supplies to the HCMC market around 3,000-3,500 porkers, accounting for about 30 percent of pork demand in the city. Explaining the constant increase in the price of live pigs, Mr. Tri said that currently, the price of live hogs not only escalates in Vietnam but in Thailand, it is also approaching VND82,500 per kilogram. Especially in China, the price is much higher than that in Vietnam, prompting traders to transport live hogs heavily to this country. As for the HCMC market, C.P commits to fully providing pigs during the upcoming festive season. On the other hand, the … [Read more...] about No shortage of fresh food for upcoming Lunar New Year festival
California 2019 new laws
MLM enterprises dodge licencing by setting up new entities
Most recently, Hanoi’s Department of Industry and Trade has warned citizens of signs of fraud at electronic payment wallet Payasian. Since Payasian’s e-wallet has not been licensed by the authorities, the money put on these accounts cannot be used legally in the country. Additionally, Payasian JSC has been under suspicion of illegally raising capital and acting as an MLM. The VCA has yet to issue an MLM registration certificate to Payasian JSC. … [Read more...] about MLM enterprises dodge licencing by setting up new entities
A separate law needed for industrial zone and economic zone development
“Vietnam is entering a new phase and it requires comprehensive and strong reforms to become a developed and modern country, overcoming the middle-income trap and avoiding being left behind by other countries in the region. To do this, we have to continuously innovate and improve institutions, policies, and adjust the goals and orientations for the development of IZs and EZs to adapt to the new context, contributing to the implementation of development strategies and the development of the country," Dong said. … [Read more...] about A separate law needed for industrial zone and economic zone development
Satellite cities becoming new frontier for real estate
Emerging tourism destinations such as Binh Dinh and Ninh Thuan are interesting for both buyers and investors. Apart from investing in industrial zones and housing, real estate developers are flooding into coastal urban areas due to their high potential of development and profit. Profit in coastal urban projects now can be anywhere from 8-10 per cent yield, while this is just around 4-5 per cent for housing. … [Read more...] about Satellite cities becoming new frontier for real estate
Public investment to focus on key projects to create impetus for economic growth
Phương said that the Law on Public Investment No 39/2019/QH14 which took effect from the beginning of this year would help tighten management of the entire process of public investment. In addition, the decentralisation of management would also be enhanced together with increasing accountabilities for higher efficiency of public investment. … [Read more...] about Public investment to focus on key projects to create impetus for economic growth