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Yesterday, Mr. Le Huynh Minh Tu led a delegation to visit and work with key enterprises that supply pork products, poultry meat, and eggs for the city market at the peak of the upcoming Lunar New Year festival. Mr. Nguyen Trong Tri, Deputy Chief Customer Officer of C.P Vietnam Livestock Joint Stock Company, said that in 2020 C.P raised its production by more than 10 percent compared to 2019. Every day, the company supplies to the HCMC market around 3,000-3,500 porkers, accounting for about 30 percent of pork demand in the city. Explaining the constant increase in the price of live pigs, Mr. Tri said that currently, the price of live hogs not only escalates in Vietnam but in Thailand, it is also approaching VND82,500 per kilogram. Especially in China, the price is much higher than that in Vietnam, prompting traders to transport live hogs heavily to this country. As for the HCMC market, C.P commits to fully providing pigs during the upcoming festive season. On the other hand, the … [Read more...] about No shortage of fresh food for upcoming Lunar New Year festival

Bamboo Airways said it recently launched direct flights from Can Tho to Phu Quoc island, and Con Dao island in Ba Ria-Vung Tau province. The non-stop service will be operated during the week, using Embraer 195 aircraft. On the occasion, the airline offers special fares on the route, with one-way ticket priced from 49,000 VND on Can Tho-Phu Quoc, and 809,000 VND on Can Tho-Con Dao. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

Potential hotspots According to an expert from domestic property website batdongsan.com.vn, buyers and investors are paying much interest to the six northern cities and provinces of Quang Ninh, Haiphong, Bac Ninh, Hoa Binh, Hung Yen, and Vinh Phuc. In the south, seven provinces are most hunted in particular – Binh Duong, Dong Nai, Ba Ria-Vung Tau, Long An, Binh Phuoc, Can Tho, and Kien Giang. … [Read more...] about Satellite cities becoming new frontier for real estate

Vietnam needs to harness the potential consequences of the US-China trade war, which makes the country an attractive market, and also harness the early recovery from COVID-19, she said, adding that Vietnam will also have to restructure its economy to make the most of the free trade agreements with the EU and 14 other countries in the Regional Comprehensive Economic Partnership (RCEP) agreement that it signed last year./. … [Read more...] about Vietnam approaches leadership transition in rosy conditions: The Sunday Times

Prime Minister Nguyen Xuan Phuc, as ASEAN Chair 2020, delivers a closing speech at the 37th ASEAN Summit and related meetings in Hanoi on November 15. Photo for illustration “It is expected to grow again around 7 percent this year because Vietnam signed recently several free trade agreements such as the European Union -Vietnam Free Trade Agreement (EVTA), the Regional Comprehensive Economic Partnership (RCEP) agreement and the newly-concluded United Kingdom-Vietnam Free Trade Agreement (UKVTA),” he told the Vietnam News Agency (VNA)’s reporter in Jakarta. … [Read more...] about Indonesian researcher hails Vietnam’s economic development