Nguyen Quoc Toan, Director of the ministry’s Centre for Digital Transformation and Agricultural Statistics, said at a recent forum in Hanoi to promote digitization to support traceability of agricultural and food products that traceability is one of the eight key issues in digital transformation of the agricultural sector. According to him, Vietnam currently has around 19,000 cooperatives, 14,200 enterprises, and 7,500 processing facilities in the agricultural sector, along with about 9,400 supermarkets and markets, which constitutes the Big Data part of the sector. Therefore, traceability of agricultural products must be holistic and specific, he stressed. State management in this issue aims to meet requirements of international integration, improve transparency and accountability for the sector, and increase farmers’ interests, he added. Huynh Tan Dat, Deputy Director of the Plant Protection Department, said that the department has built a national database on planting area … [Read more...] about Digitization in agricultural product traceability needs joint efforts
Edgeverve product developer interview questions
New criteria for OCOPs
Workers weigh and package dried shrimp, a Ca Mau Province's OCOP. —VNA/VNS Photo Huynh Anh The Government has introduced a new set of criteria for rating products enrolling in the One Commune One Product (OCOP) Programme. Dao Duc Huan, head of the OCOP Management Department, Central Coordination Office for New-style Rural Development (CCO), said the new set was laid down to replace the old set issued in 2019, which has begun to show cracks after four years being in place. As the old set had overlooked a wide range of products specified in Decision No.490, the new one has fixed the cracks by expanding its scope to cover the missing pieces. It has also altered old scoring rules by assigning a maximum score of 40 points to the "community strength" category, 25 points to "marketing capabilities", and 35 points to "product quality". Huan said the new set had encouraged the involvement of women and ethnic minorities in the production of OCOPs by giving extra points to affirmative … [Read more...] about New criteria for OCOPs
Going digital and green in partnership with Ericsson
How can 5G and digital transformation impact the performance of industries such as manufacturing, logistics, agriculture and e-commerce over the coming years? Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia and Laos As a critical digital national infrastructure, 5G has the potential to significantly transform society, industries, and the economy, as well as benefiting the environment. In the past, developing economies depended on traditional inputs to fuel growth, such as low-cost labour and natural resources. Moving forward, the new economy will increasingly depend on more sustainable inputs, such as science, technology and innovation, whereby data will become the new oil that creates as much as drives a more inclusive and sustainable socioeconomic development, securing broader range prosperity for all. Through 5G, the introduction of Industry 4.0 will be accelerated across thousands of factory floors in Vietnam, enabling robots, digital twin … [Read more...] about Going digital and green in partnership with Ericsson
Pharmaceutical companies urged to invest in R&D, improve competitiveness
ADC Pharma in Can Tho Province. As the domestic pharmaceutical market holds a lot of potential, local producers are urged to improve their competitiveness for expansion. — VNA/VNS Photo Thanh Liem It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation. According to experts, this will help them expand their shares in the domestic market which remains being dominated by imported drugs and extend their international reach. Viet Nam’s pharmaceutical market has significant potential. The Ministry of Health estimated the market at US$6.9 billion in 2021 while BMI Research forecast the market to reach $16.1 billion in 2026 with a compound growth rate of up to 11 per cent. According to Nguyen Dieu Ha, general secretary and office chief of the Vietnam Pharmaceutical Companies Association (VNPCA), there are 55 foreign-invested pharmaceutical companies in Viet Nam as of the end of … [Read more...] about Pharmaceutical companies urged to invest in R&D, improve competitiveness
Technology improvements at heart of Lazada’s legacy
Lazada continues to offer new promotions to entice its customer base As one of the early e-commerce players in Vietnam, Lazada is at the forefront of technology to meet customers’ evolving demand. During the Birthday Sale Boom shopping festival in March, the company increased its investments in two new shopping channels, LazLook and LazBeauty, bringing a unique and sophisticated shopping experience to users. There are also myriad promotions for refunds and free shopping. At the same time, the Lazada Super Show virtual music festival has also been held. By integrating 360-degree AR technology, viewers were immersed in unique spaces at home. Meanwhile, the company also applies realistic AI and AR-powered Virtual Try-On to shoppers, enabling beauty lovers to instantly sample products with pictures or live videos of themselves before making a purchase. The moves are all part of attempts to be ahead of the e-commerce game in expectation of an explosion in growth. According to a … [Read more...] about Technology improvements at heart of Lazada’s legacy
Supporting the digital economy space
The interest rate hikes by the US Federal Reserve and other central banks that began to significantly accelerate in the second half of 2022 have impacted the tech industry and investors in significant ways. These hikes are expected to continue, at least in the short term, until the central banks are satisfied that inflation is under control or lose their nerve. When that happens is anyone’s guess. Eric Johnson, counsel at Freshfields Bruckhaus Deringer LLP This rapidly changing financial environment has made it more difficult for digital economy companies, especially those that are currently not profitable, to raise money in both public and private markets. Many investors have adopted a wait-and-see approach until the situation becomes clearer, and are revisiting the assumptions behind the sky-high valuations that many tech companies previously commanded. The recent failure of Silicon Valley Bank in the US has sent a shockwave through the tech and venture capital … [Read more...] about Supporting the digital economy space
☕ Afternoon briefing on March 20
Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - Economic cooperation should continue to be the focus of bilateral ties between Vietnam and the Republic of Korea, National Assembly (NA) Vice Chairman Nguyen Duc Hai said at his talks with Deputy Assembly Speaker of the RoK Chung Woo-taik in Seoul on March 20. Read full story - Chief Justice of the Supreme People’s Court Nguyen Hoa Binh and Minister of Justice Le Thanh Long cleared up questions regarding asset recovery in corruption cases, at a Q&A session in Hanoi on March 20 as part of the 21st meeting of the National Assembly (NA) Standing Committee. He admitted that the work has yet to be done strictly although 40% of the assets were recovered over the past decade. Read full story - Vietnam is striving to lure more Japanese investments to digital transformation and green growth, as recommended in the Vietnam-Japan Joint Initiative (VJI). Phase VIII of the … [Read more...] about ☕ Afternoon briefing on March 20
Hazardous rat poison flooding Vietnamese market
Many hazardous types of rodenticides that were prohibited several years ago are now widely sold at pesticide shops, hawker stalls, and grocery stores, posing a threat to residents’ health and lives in Vietnam. In Hanoi, several types of rat poison, without labels or clear origin, are sold everywhere, from hawker stalls to convenience stores. At a grocer's at Thanh Cong B Wet Market, at least three types of rat poison are on sale at a price ranging from VND20,000 (US$0.85) to VND300,000 ($1.27). “Rodenticides mixed with unhusked rice were less effective to kill rats, while rats die immediately eating the poison with red liquid inside,” said the owner of the grocer's. The poisonous drug originates in China, said the owner. “I do not know the ingredients of this type, but the rat poison works well. Rats die right after eating a piece of cake and food mixed with a few droplets of the liquid drug,” stressed the owner. A search for rodenticides with keywords 'Rat poison' on … [Read more...] about Hazardous rat poison flooding Vietnamese market
Agricultural authorities draft plan to grow one million hectares of low-carbon rice
A farmer harvest his crop in a high-quality rice paddy in Kien Giang Province. — VNA/VNS Hong Dat Viet Nam is outlining a plan to cultivate one million hectares of low-carbon high-quality rice in the Mekong River Delta to meet its net zero emission targets. The plan, being prepared by the Ministry of Agriculture and Rural Development (MARD), is expected to be submitted to the Government for approval in March and be under implementation in 2024. Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000ha next year, 719,000ha in 2025, and over one million hectares in 2030. An Giang Province took the lead with a commitment to grow 150,000ha in 2025 and 200,000ha in 2023, undertaking a large share of the target. Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said most Vietnamese firms do not develop rice paddies to cater to their exports. The firms rely only on traders to maintain their trade activities, … [Read more...] about Agricultural authorities draft plan to grow one million hectares of low-carbon rice
Various activities to be held in “Ca Mau – Destination 2023” Programme
Ca Mau Cape - a tourist attraction in Ca Mau (Photo: VNA) Ca Mau (VNA) – The People’s Committee of the southernmost province of Ca Mau is planning a wide range of activities within the framework of the “Ca Mau – Destination 2023” Programme to promote the locality’s tourism potential. Vice Chairman of the provincial People’s Committee Nguyen Minh Luan said that the programme aims to create chances for businesses to meet, connect and cooperate in developing trade and tourism. The plan aims to help Ca Mau boost socio-economic growth, develop tourism associated with trade and services, and stimulate the sale of local products, particularly local specialties and OCOP (One commune-one product) products. Accordingly, the province will organise a ceremony to mark the death anniversary of Hung Kings, the legendary founders of Vietnam (the 10th day of the third lunar month), a Ca Mau Cape Marathon, and a southern traditional cake festival, and a Ca Mau shrimp festival. A … [Read more...] about Various activities to be held in “Ca Mau – Destination 2023” Programme