During a lengthy conservation with reporters, Minh talked about the so-called ‘education asylum’ which is occurring in Vietnam. He cited a report as saying that Vietnam has 110,000-125,000 students studying overseas, and that Vietnamese spend $3 billion a year to fund their children’s overseas study. Meanwhile, only 3,000 foreign students are studying in Vietnam. “If considering education as an economy, one can see that Vietnam is incurring a trade deficit in education,” he said. The total number of students in Vietnam is 2.4 million and the total amount of money Vietnam has to spend every year to train students is $1.7-2 billion. “This means that the domestic piece of cake is smaller than the overseas piece of cake,” he said, adding that this shows that Vietnam’s education market cannot satisfy Vietnamese demands. Minh, as an education expert, has given warnings about Vietnam’s university education. He said if Vietnam’s … [Read more...] about FPT rector cherishes dream of “exporting” Vietnam’s education
VietNamNet introduces the last part of the roundtable discussion "A quarter century of Vietnam’s rice exports", with the participation of Prof. Dr. Vo Tong Xuan, Dr. Vu Trong Khai and Mr. Nguyen Minh Nhi. relate news Who influences the rice market? Rice exports: Why are Vietnam’s miracle-makers still poor? Rice exports: Is Vietnam subsidizing foreign consumers? Who benefits the most from lower oil prices? Rice exports: If policies are changed slowly, the cost will be high Except for the African market, currently the countries purchasing Vietnamese rice all have per capita GDP that is much higher than Vietnam’s. One of the reasons that Vietnam has to sell rice at cheap prices is we produce too much rice. What solutions for this paradox? Prof. Dr. Vo Tong Xuan: To earn high profit from rice, we need to change the way we produce rice, the product that affects the lives of nearly 80% of the population. First of all, we must take initiative in the output. A … [Read more...] about Rice export: Vietnam needs to develop high-tech agriculture
Coal-exporting Vietnam to import coal Trung Chanh By Trung Chanh - The Saigon Times Daily CAN THO – A coal undersupply is looming large given the rapid development of thermo-power plants and the slow construction of renewable energy projects. Speaking at a seminar on sustainable energy development in the Mekong Delta region in Can Tho on Tuesday, Tran Dinh Sinh, deputy director of the Green Innovation and Development Center (GreenID), said Vietnam currently has 14 coal-fired power plants and some 57 more plants will go up in the coming time. Nine of the planned coal-fired projects will be invested by Vietnam Electricity Group (EVN), six projects by each of Vietnam National Oil and Gas Group (PetroVietnam) and Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin), four by private and foreign enterprises, and 14 by build-operate-transfer (BOT) investors. The remaining 18 projects are awaiting investors. Under the nation’s Power Master Plan VII, … [Read more...] about Coal-exporting Vietnam to import coal
(CPV) - Vietnam's fresh flowers are known among international friends through the Da Lat Flower Festival, and they are now being exported to many countries around the world. Apart from paying attention to production, preserving and developing a suitable distribution system, Vietnam's fresh flower exporters are finding ways to affirm their position on the international market. Great potential but limited export According to the Ministry of Industry and Trade (MoIT), Vietnam's main flower export markets are now China, Japan, Singapore, Australia and Saudi Arabia. Flower export from Southeast Asian countries in general and Vietnam in particular usually has difficulty penetrating North America and Western Europe, because these two markets mainly import flowers from South America, Central America and Southern European countries. In addition to the rigorous technical factors, the geographical location resulting in high transport cost also challenges Vietnam's flower exports. The Trade … [Read more...] about Finding ways to export Vietnam’s flowers
â Thailand has been âholding out.â India and Pakistan has been actively negotiating with partners to boost exports. What should Vietnam do: keeping waiting or taking actions to grab the opportunities? The world and the domestic rice markets both have been fluctuating when big rice importers in the world have placed orders with Indian and Pakistani exporters instead of the Vietnamese, and Thai because Indian and Pakistani exporters offer lower prices. Meanwhile, the plan by the Thai government to buy rice from farmers at high prices implemented since October 7 has been meeting a lot of difficulties due to the worst flood in the last 50 years. As a result, the worldâs rice price has not increased as expected by other big rice exporters, including Vietnam. Vietnam: keep waiting or âjumpâ? Rice experts once predicted that the Thai governmentâs policy to intervene the domestic rice market would push the rice export price to 700-850 dollars per ton. However, the … [Read more...] about Rice export: Vietnam needs to wait or take actions to grab opportunities?