To accomplish its targets, this year HAGL Agrico will focus on creating a master zoning plan for large-scale farming and husbandry areas. It will ensure topography and soil are suitable for each kind of fruit to facilitate mechanisation and modern management and synchronise technical infrastructure to meet the needs of irrigation, garden care, harvest, transportation, and preservation at farms. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15
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Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
About Kerry Logistics Network Limited (Stock Code 0636.HK)Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment. … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
HCMC’s total retail sales of goods rise 11.9 percent in 2020
Mr. Nguyen Phuong Dong, Deputy Director of the Department of Industry and Trade of HCMC, said that the industry and trade had made great efforts to overcome difficulties, sticking to the dual goal of both preventing the Covid-19 pandemic and developing the economy in 2020. The retail industry, with the support of e-commerce, had become the fulcrum for the whole service sector, which is most heavily affected by the Covid-19 pandemic. The wholesale and retail trade sector accounted for 25.2 percent of the service sector, equivalent to 15.7 percent of the city's gross regional domestic product (GRDP). It was the industry that attracted the most foreign direct investment (FDI) in 2020, with 418 projects worth US$233.2 million of newly-registered capital. Total retail sales of goods reached more than VND759.71 billion, an increase of 11.9 percent year-on-year. In 2021, the industry and trade set an increase of 5 percent in the index of industrial production (IIP) of the whole industry. Of … [Read more...] about HCMC’s total retail sales of goods rise 11.9 percent in 2020
Additional 40 million USD for Vietnamese bank to aid SMEs amid COVID-19
He stated to provide the maximum support for SMEs, the bank is reviewing and adjusting its credit programmes to make them more suitable to the current situation while continuing the implementation of preferential policies for firms to access capital and restore operations, thus helping with the recovery of the national economy. “Our experience from past shocks, including the global financial crisis 2008, has taught us that micro, small and medium enterprises are especially impacted by the current crisis. Keeping them solvent is therefore key to saving jobs and limiting the economic damage,” said Kyle Kelhofer, IFC Country Manager for Vietnam, Cambodia and Laos. He noted the IFC’s support to OCB will not only help the bank extend payment relief to clients but also enable it to offer new loans to SMEs, supporting continued operations and preserving jobs, thereby accelerating Vietnam’s economic recovery. The loan was part of the IFC’s COVID-19 fast-track … [Read more...] about Additional 40 million USD for Vietnamese bank to aid SMEs amid COVID-19
Global Industry Leaders Highlighted Food Safety Issues in Times of Pandemic at the 6th Food Safety Forum
Ms May Chung, Chairperson of Hong Kong Food and Beverage Industry Advisory Board of GS1 HK, and General Manager of Nestlé Hong Kong Ltd commended the effort, "With growing emphasis on food safety, we have been working closely with the F&B industry, leveraging innovation, technology and global standards to ensure food safety and build consumer trust. The 'Trusted FoodNet' initiative by GS1 HK has our full support, which I believe will enhance the transparency of our trade. I hope industry peers will join the platform to increase trust among stakeholders, and raise the bar for food safety together." … [Read more...] about Global Industry Leaders Highlighted Food Safety Issues in Times of Pandemic at the 6th Food Safety Forum