Chengdu hi tech industrial development zone

Long An has huge potential for agricultural development, including development of produce for export. In recent years, the province has formed a number of commodity-oriented agricultural production areas. There are more than 200 agricultural product processing enterprises in the province, most of which provide preliminarily processed produce with low added value. Only a few foreign-invested enterprises are capable of intensive processing, and they mainly use imported materials. In 2022, the provincial industry promotion sector will continue to prioritize support for agricultural product processing enterprises Long An has acknowledged the need to develop produce processing and is mobilizing resources to that end. Through a key national industry promotion project, the Industry and Trade Promotion Center of Long An Province has provided practical assistance for agricultural product processors in the region. The HG Food Vietnam Joint Stock Company has invested in a new … [Read more...] about Produce processors receive major help

Shark catfish exports to China in particular increased by 124 percent, accounting for 26.5 percent of shark catfish export trade turnover, according to data by the Ministry of Agriculture and Rural Development. It is followed by exports to the U.S. with a 131 percent, EU with a 89 percent, Thailand with a 85 percent, and Brazil with a 51 percent increase. At the end of April, the price of exported frozen shark catfish to the U.S. reached a new peak at $5 per kilogram, around $2 higher than the same period last year. In China, the price of filleted shark catfish was around $3.15-3.25 per kilogram, around $0.5 per kilogram higher than the same period last year. Shark catfish trade is expected to flourish this year, BIDV Securities Company anticipated. It said demand in the U.S., China and EU would be high following long periods of Covid-19 restrictions. In the U.S., importers have taken in more shark catfish as its stock inventory had run low following two years of Covid-19. The … [Read more...] about Shark catfish exports reach record high

Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

That statement was made by Dr. Tran Cong Truc, former head of the Government Border Committee. An international comprehensive legal document On April 30, 1982, the third U.N. Conference on the Law of the Sea passed a new convention named The United Nations Convention on the Law of the Sea (UNCLOS) 1982. On June 23, 1994, Vietnam was one of the first countries in the world to ratify the convention and became a member of UNCLOS. According to Dr. Tran Cong Truc, UNCLOS 1982 was built on the basis of “whole package,” including all aspects related to the law of the sea. This is a comprehensive international legal document that consists of all the most important legal contents and practices in reality concerning seas and oceans. The most important part of the convention is that it devises a united measure of defining waters and continental shelf under the sovereignty and sovereign and jurisdiction rights of coastal countries. The convention also defines clearly the rights and … [Read more...] about Part 1: A fair look into UNCLOS 1982 needed

Illustration by Trịnh Lập by Nguyễn Mỹ Hà Local residents and environmentalists have been spreading the news that UNESCO Việt Nam has opposed an official letter from the Đồng Nai People's Committee consulting on a contractor's proposal to build a 40km highway with a bridge across the core zone of the Đồng Nai Biosphere Reserve. VnExpress news website reported that UNESCO Việt Nam, in response to the letter, strongly suggested not building a road across the world biosphere for fear the damage would impact flora and fauna in reserve. It added that the full biodiverse ecological corridor would be affected. Vehicles moving on the road could accidentally kill animals crossing it, and the construction process would pollute the soil, air and groundwater. If this happens, the criteria for a world biosphere would not be met, and Đồng Nai Reserve could be crossed off the list of world biospheres. It also cited that building a bridge and a national highway failed to meet Việt Nam's … [Read more...] about Đồng Nai Biosphere Reserve must not be spoilt

Illustrative photo (Source: vneconomy.vn) Hanoi (VNA) – Enterprises are gradually switching to an electronic documentation system , underpinning the nation’s efforts to develop the digital economy . A survey conducted by the Ministry of Industry and Trade in 2021 revealed that at least 33% of the surveyed businesses use e-contracts in their commercial activities. The application not only helps firms and their customers be more efficient, but also contributes to reducing the impact of the COVID-19 pandemic and the gap in commercial transactions. The Bkav DX Platform has hosted e-contracts for more than 3 years. As a result, it helped companies save 70% of printing and delivery costs annually and shortened the process of providing products to customers by 50%. A representative of FPT Information System Company said that in Vietnam, the concept of e-contracts is no longer new. On the FPT.eContract – a signing platform between businesses and individuals – there are more … [Read more...] about Electronic documentation system fundamental to digital economy

Reporter: The adoption of VNLOS could be considered the localization of the UNCLOS in Vietnam. Could you please  elaborate more about the policy and principles of Vietnam when applying the above two legal documents to the demarcation of waters and dealing with arising issues at sea in reality, sir? Senior Lieutenant General Nguyen Chi Vinh: First, There are two basic legal documents that we rely on when exploiting resources, protecting and operating in Vietnamese waters. They are UNCLOS internationally and VNLOS domestically. At present, there are a lot of conventions, international laws or legal documents. They are not issued by any courts, but built based on the commitments of coastal and island states. Due to the characteristics of UNCLOS, each country needs to devise its own law of the sea, but basically all of those laws must comply with and be based on UNCLOS. Generally, international conventions or laws at large, not only on the sea, are loose to some extents, but first … [Read more...] about Part 3: Upholding VNLOS is upholding international law

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

The president of the Korean Chamber of Commerce in Vietnam (KOCHAM) has asked the Ho Chi Minh City government to assist South Korean enterprises in alleviating their cost burden in the current difficult period. KOCHAM President Shon Young Il made the request at a dialogue session between the city government and South Korean enterprises, held on Friday by local authorities in coordination with the Consulate General of South Korea in the southern metropolis. Speaking at the event, chaired by the municipal People’s Committee chairman Phan Van Mai, the KOCHAM leader said Korean businesses are facing a lot of pressure while trying to recover from the COVID-19 pandemic and cope with impacts caused by the ongoing Russian-Ukraine military conflict and the inflation risk. Therefore, he hopes that the Ho Chi Minh City administration can support Korean businesses in reducing their cost burden in this tough period. Specifically, local authorities should assist Korean businesses in solving … [Read more...] about S. Korean firms in Ho Chi Minh City seek help to ease rising cost burden

According to a report of the Vietnam Environment Administration (VEA), the monitoring results in 2021 showed that the quality of most river water of large basins including the Red, Thai Binh, Ma Chu, Ca La, Vu Gia, and Thu Bon rivers and the Mekong Delta are maintained well. At many river sections, the water is used for domestic, aquaculture and other purposes. The To Lich River has always been one of Hanoi's pollution hotspots The average monitoring results have not thrown up unusual signals. However, local pollution is still recorded in some river sections flowing through densely populated areas, craft villages, and industrial production areas, like the Cau River before flowing into Thai Nguyen City or the Nhue River section through Hanoi City. River basin pollution is mainly of organic and nutrient sources. Most monitoring stations have not recorded any signs of metal pollution and pesticides. Deputy VEA Director Hoang Van Thuc said the agency will continue to … [Read more...] about River pollution: Large discharge facilities to be strictly controlled