The Central Highlands province of Gia Lai has worked to replace traditional key farm produce like rubber, coffee and pepper with fruit trees, which generate more income (Illustrative photo: VNA) Gia Lai (VNA) – The Central Highlands province of Gia Lai has worked to replace traditional key farm produce like rubber, coffee and pepper with fruit trees, which generate more income. The province is home to more than 7,200ha of fruit trees, up nearly 1,200ha against 2016. The area is mainly to grow banana (1,700ha), mango (more than 1,000ha), durian (560ha) and dragon fruit (350ha), among others. It aims to have 10,000ha under fruit trees by 2020, focusing on fruits with geographical indication tags. In addition, Gia Lai will promote high-tech agriculture and processing of farm produce, along with clean and renewable energy and tourism, said Chairman of the provincial People’s Committee Vo Ngoc Thanh. The province will support businesses as well as seek … [Read more...] about Gia Lai shifts to planting fruit trees with high economic value
VietNamNet Bridge - The fish caught from the Mekong River alone make up 3.1 percent of Vietnam’s GDP. In a recent publication, scientists, together with the Mekong River Commission (MRC), said the Mekong River, the 12th longest in the world, will be affected by hydropower dams proposed on the river’s upper course. The fisheries alone can bring $17 billion a year, making up about 3 percent of GDP of Vietnam, Cambodia, Laos and Thailand, said the MRC. The figures were based on the report that 4.4 million tons of aquatic products are caught from the river every year. The total value of the global fisheries was $130 billion in 2015 as reported, while the Mekong alone brought 13 percent. The report shows Vietnam earns $5.74 billion from fisheries on the Mekong, or 3.1 percent of the country’s GDP. Meanwhile, Thailand earns $6.72 billion, or 1.8 percent of its GDP. The role played by the Mekong in smaller economies proves to be even more important. Fishing and … [Read more...] about How much economic value does the Mekong River bring to Vietnam?
(VOVworld) – The 3rd Coconut Festival, themed 'Ben Tre on the road to integration and development', highlights the economic potential of the province for eco-tourism, historical and cultural relics, and particularly, coconut products. The event is also an opportunity to honor coconut growers and to promote the region's images. … [Read more...] about 2012 Coconut Festival promotes economic values of coconut tree
The Vietnam-Guangxi Economic and Trade Cooperation Forum has recently been opened in the Vietnamese capital of Hanoi by the Vietnam Chamber of Commerce and Industry (VCCI) in coordination with Guangxi authorities and Chinese Embassy in Vietnam. Vietnam, the gateway to the ASEAN market, and Guangxi, the gateway to the Chinese market, are becoming an effective bridge for economic, trade and investment cooperation. As many as 54 trade, investment and credit cooperation projects with a total value of US$1.9 billion were signed at the event. These projects are involved in mechanical engineering, machinery, cement, urban infrastructure, commercial centre, wind power, irrigation and hydropower. Addressing at the forum, VCCI President Vu Tien Loc said the bilateral trade between Vietnam and China has continuously expanded in the past years, with an average annual growth of 32 % in the 2000-2010 period. In 2009, in spite of being affected by the global financial crisis and economic recession, … [Read more...] about Vietnam-Guangxi Economic and Trade Cooperation Forum: Forging Cooperation between China and ASEAN
Former Politburo member and standing member of the Party Central Committee's Secretariat Phan Dien is still impressed with another conference on open economic zones held by the Ministry of Planning and Investment in Chu Lai, Quang Nam Province, a couple of years ago. At the conference, the ministry agreed to focus on developing three among the 15 licensed economic zones to avoid haphazard investments in provinces nationwide. "Everyone agreed," Dien said. But later the ministry continued to submit to the Government a plan of opening three more economic zones, raising the total number to 18 currently. As an advisory agency, the ministry should have taken another way of approach, he added. … [Read more...] about Proposal To Stop New Economic Zones Mulled