Seven international partners will support the investment in infrastructure, transport, urban development, and climate response. Nearly US$8 billion will be pumped into Vietnam's Central Coast region to support the socio-economic development of the region towards sustainability and climate adaptation. An overview of the signing and awarding ceremony. Photo: Trung Nhan/The Hanoi Times The value was announced at a signing ceremony held on February 5 between the Ministry of Planning and Investment and international partners. Accordingly, the local authorities granted investment certificates and approved investment policies and investment cooperation for domestic and international investors. Among the investment deals, seven development partners are committed to providing a total capital of more than US$1.7 billion in 45 projects. The partners included the Asian Development Bank (ADB), the French Development Agency (AFD), the International Fund for Agricultural … [Read more...] about $8 billion to be pumped into Vietnam’s Central Coast
Cooperatives in agriculture
PM meets with leaders of Japanese conglomerates
At the reception for Tatsuo Yasunaga, President and CEO of Mitsui & Co Ltd., the Government leader praised the company’s business performance in Vietnam, particularly in processing and distributing of local aquatic products. PM Phuc welcomed a joint project between Mitsui and Minh Phu Seafood Corporation which could push the shrimp export value of the major shrimp farming business in Vietnam to 1 billion USD. Yasunaga informed his host of the success of the joint project, which has seen over 150 million USD invested in improving Minh Phu’s processing, business management and export capacity, adding the sides plan to focus on upgrading refrigeration equipment and expanding export markets, particularly targeting Russia apart from the US. In another meeting with Han Chang-woo, chairman and CEO of Maruhan Corporation, PM Phuc said Vietnam is pressing ahead with effective equitisation of Stated-owned enterprises (SOEs), particularly in transport, infrastructure, construction, … [Read more...] about PM meets with leaders of Japanese conglomerates
African swine fever vaccine to be circulated nationwide from February
At the event (Photo: VNA) Hanoi (VNA) – The vaccine against African swine fever (ASF) AVAC ASF LIVE developed and produced by AVAC Vietnam Co., Ltd. is expected to be distributed nationwide from February this year, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien . efficacy rate reaching 95%. The vaccine was approved for circulation on July 8, 2022 and put into use under supervision at pig farms. AVAC Vietnam also cooperated with the CP Livestock Joint Stock Company (CP Vietnam) to organise the pilot injection of 600,544 pigs at 545 farms, and took 5,958 samples for testing. The results showed that 93.34% of the samples met the technical requirements. Vietnam has become the first country to successfully develop and produce two vaccines against ASF, a disease that first appeared in Africa in 1921 with a mortality rate of up to 100%. VNA … [Read more...] about African swine fever vaccine to be circulated nationwide from February