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
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VIETNAM BUSINESS NEWS JANUARY 20
As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
Satellite cities becoming new frontier for real estate
Dang Hung Vo, former Deputy Minister of Natural Resources and the Environment, acknowledged that the trend of investing in real estate projects in satellite cities and provinces is a given. “Once inner-city land funds become unavailable, it is inevitable that real estate developers move to the surrounding areas. As for end-users, when infrastructure develops and roads are convenient, living in neighbouring urban areas is a very good choice,” Vo said. … [Read more...] about Satellite cities becoming new frontier for real estate
Vietnam approaches leadership transition in rosy conditions: The Sunday Times
Singapore (VNA) – The Sunday Times, a Sunday edition of The Straits Times, has published an article commenting that in the pandemic-battered environment, few countries are approaching a major leadership transition amid conditions as rosy as Vietnam's. … [Read more...] about Vietnam approaches leadership transition in rosy conditions: The Sunday Times
Indonesian researcher hails Vietnam’s economic development
He said as ASEAN Chair, Vietnam emphasized on the need for ASEAN unity and centrality. The country promoted dialogue and cooperation, made efforts to prevent conflicts, built confidence and tried to form a regional architecture that is open, transparent, inclusive and rules-based. … [Read more...] about Indonesian researcher hails Vietnam’s economic development