Fast moving consumer goods meaning

Quang Ninh agricultural products are on sale at website dongtrieumart.vn (Photo: baoquangninh.com.vn) Quang Ninh (VNA) – The northern province of Quang Ninh is taking steps to boost high-tech agriculture to cut production costs, increase volumes, and cultivate high-quality farm produce. To realise this goal, farmers are focusing on speeding up the digital transformation, considering it a strategic solution to enhancing the production, quality and competitiveness of agricultural products in domestic and international markets. Dam Ha trade and construction company in Dam Ha district has invested more than 15 billion VND (647,250 USD) to building hydroponic greenhouse vegetable and melon farms, betting on high-tech hydro-growing operations to promote clean agriculture, cut workloads, and standardise quality. Director Nguyen Huu Nhuong said that thanks the newly installed hydroponic systems, the company has enjoyed a production bump of nearly 100 tonnes of melon per year … [Read more...] about Quang Ninh farms turn to tech to grow agriculture sector

Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown. Enterprises in Vietnam have issued warnings that food prices will continue to rise unless solutions are found to restrain surging food input costs, including raw materials, gasoline, and animal feed. As a case in point, cooking oil is now being sold 15-20 percent more expensive at supermarkets in Ho Chi Minh City than at the beginning of the year, and 70-90 percent higher than the price of 2020. Notably, Tuong An cooking oil now sells for VND60,000-160,000 (US$2.6-$6.9) per liter, depending on the type, while a set of 10 chicken or duck eggs is offered at VND33,000-VND38,000 ($1.4-$1.64) at traditional markets. The rates are about 20 percent higher than earlier this year, and nearly double those of last year, mostly owing to higher production costs and … [Read more...] about Purchasing power drops, food prices rise in Ho Chi Minh City

Education World Forum 2022 will make a valuable contribution to Vietnam's broader education partnerships and development as a leading economy of the future. Education World Forum 2022 (EWF) has supported Vietnam to find opportunities for sustainable education partnerships, Vietnamese Ambassador to the UK Nguyen Hoang Long has said. While attending the four-day EWF 2022 in London from May 22-25, Long stressed that EWF is a great opportunity for Vietnam to learn about cooperation between the UK and other countries, not only in the field of education but also economy. “The Vietnamese Government regards high quality human resources education as one of the strategic breakthroughs for sustainable development of the country. The basic and comprehensive renewal of the education system is currently our key mission for international integration,” Long said. The ambassador added that Vietnam wishes to cooperate with the UK to fulfill the commitments made at the 26th UN Climate Change … [Read more...] about Vietnam seeks opportunities for sustainable education partnerships

Vice Secretary of the HCMC Party Committee Nguyen Ho Hai  (C) visits a display booth at the exhibition. The event attracts 160 display booths featuring the city’s key agricultural products , high-quality OCOP products and eco-friendly goods. The exhibition is a chance for farmers and participating units to introduce and promote their products; exchange and share experience in production, consumption, and trade of goods, and information on new technologies in the agricultural sector. The exhibition is divided into four areas, including outstanding agricultural products, OCOP and key products of the Department of Agriculture and Rural Development, products of startups and activities supporting farmers in digital transformation and participation in the digital economy. Vice Chairman of the HCMC People's Committee Vo Van Hoan (R) meets representatives of participating units in the event. The exhibition also includes a seminar on seeking measures to develop OCOP … [Read more...] about HCMC’s farm produce exhibition opens in Thu Duc City

A doctor checks the PET/CT scanner before operating it at Cho Ray Hospital. (Photo: SGGP) Exhaustedly searching places to get PET/CT scans In the past three days, Nguyen Dinh Hung, living in Binh Chanh District in HCMC, had to visit many hospitals around the city to find a place to take PET/CT scans for his mother, a patient suspected of having stomach cancer. At first, Hung went to HCMC Oncology Hospital, but the hospital said that it no longer had any radiopharmaceuticals to operate its scanner. Hung took his mother to Military Hospital 175 and then People's Hospital 115, but these two places also turned him down because their machines stopped working. Being told by his friends that only Cho Ray Hospital had a working scanner, he registered a PET/CT scan for his mother there. However, due to the overwhelming number of patients, it takes more than a month before his mother’s turn comes. "For cancer patients, a long waiting time may cause the disease to advance to a severe … [Read more...] about Shortage of radioactive materials needs to be resolved urgently

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge

The famed river bridges of the Iranian city of Isfahan are a beloved tourist draw -- but much of the time their stone arches span just sand and rocks, not water. Women pose for a selfie along the bank of the Zayandeh Rood in Iran's central city of Isfahan on May 15, 2022 Drought and upstream water diversions have seen the Zayandeh Rood, "fertile river" in Persian, run dry since 2000, with only rare exceptions. Sitting on a quay with two friends, 60-year-old Jalal Mirahmadi gazed with melancholy at the riverbed, which became the site of a farmers' protest late last year. "When I was a child, the water flowed under the arches of the bridge and sometimes overflowed to spill into the surrounding streets," he sighed. The river runs nearly 400 kilometres (250 miles) from the Zagros Mountains in the west to Lake Gavkhouni in the east, making it the longest waterway in central Iran. On its way through Isfahan, it meanders under several beautifully crafted … [Read more...] about Iconic Iran river threatened by droughts, diversions

A candidate is interviewed by a recruiting panel. (Photo courtesy of CCIFV) Hanoi (VNA) - The seventh France -Vietnam Job Fair (FVJF) has been held in Hanoi, serving as a bridge connecting Vietnamese, French and international companies based in Vietnam to graduates with international profiles. The fair will move to HCM City in the next few days. FVJF is an annual event that CCIFV has organised for over 10 years. It is an opportunity for international companies to promote activities in the local market and showcase their recruitment offers to qualified candidates in Hanoi and HCM City. About 40 big names participated in the sixth job fair in 2019, offering nearly 500 jobs. Due to the pandemic it was postponed in the two following years and was rebooted in 2022, thanks to the country's reopening. "Vietnam’s population is young, educated, and eager to succeed. These highly appealing demographics are attractive to a growing number of international companies … [Read more...] about France-Vietnam job fair held in Hanoi, HCM City

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 24. - Deputy Prime Minister Le Minh Khai on May 23 led a Vietnamese delegation to attend the 52nd World Economic Forum (WEF) annual meeting. He proposed the establishment of a food innovation hub for Southeast Asia in Vietnam when addressing the “Averting a Global Food Crisis” session, a panel discussion with World Food Programme Executive Director David Beasley, UAE Climate and Environment Minister Mariam Mohammed Saeed Al Mheiri, Tanzania’s Vice President Philip Isdor Mpango, and CEO of the Swiss agriculture company Syngenta, J Erik Fyrwald. Read full story - The Ministry of Foreign Affairs and the US Embassy on May 24 co-organised a ceremony to inaugurate the US-Vietnam Cooperation Centre at the Diplomatic Academy of Vietnam (DAV)’s campus in Hanoi. The new centre is an outcome of the partnership between the embassy’s Public Affairs Section and the DAV which … [Read more...] about ☕ Afternoon briefing on May 24