High demand agricultural products

Ba Ria-Vung Tau (VNA) - As many as 61 companies have registered to invest in hi-tech agriculture projects on an area of about 3,000ha in Ba Ria-Vung Tau province, according to the provincial Department of Agriculture and Rural Development.  The number of such companies has increased by 21 compared with the same period last year. The southern province is making efforts to develop hi-tech agriculture so that it can grow high quality products with high yields. The typical technologies used in hi-tech agriculture in the province are membrane houses, net houses, and economical irrigation systems using fertiliser, hydroponic technology, and monitoring technology that help adjusts the temperature and humidity remotely. Some 131 farms equipped with modern technology raise pigs and poultry, accounting for 27.5 percent of poultry and over 60 percent of pigs raised in the province. Digitisation in farming has brought the agricultural sector in the southern province to a new … [Read more...] about Ba Ria-Vung Tau applies hi-tech agriculture to improve quality, yield

HCM City (VNS/VNA) - Eighty-three percent of companies in the physical value chain in Vietnam have been suffering from supply issues over the past two months due to the impact of the COVID-19 pandemic, a recent survey by CEL Vietnam, a supply chain consulting and training firm, has found. Of them, 47 percent had issues specifically with China supplies and a large majority involved raw materials, it said. Julien Brun, managing partner at CEL, said the pandemic is affecting every single country regardless of their level of development. However, in Vietnam, there were categories where demand clearly surged, such as packaged food (up 26 percent), dairy (up 10 percent) and personal care (29 percent), he said. This surge in demand looked like a “just in case” purchase decision, a stock-up behaviour, and not a healthy increase in consumption, he explained. But the reality is that the actual demand is at a low, with sales of beverages, fashion goods, electronics, vehicles, … [Read more...] about Supply chains in Vietnam disrupted by COVID-19

Brun said: “Figures are still not officially published in Viet Nam, but Lazada reported a 300 per cent increase in the number of orders in Singapore and Grab delivery surged by 200 per cent in Bangkok. We can assume that comparable growth is being seen in the main cities in Viet Nam.” … [Read more...] about Supply chains in Vietnam disrupted by Covid-19

Hanoi (VNA) – Vietnam's export value of wood and wooden products reached 2.7 billion USD in the first quarter of 2020, representing a year-on-year increase of over 16 percent, according to the Ministry of Agriculture and Rural Development. The industry is forecast to be seriously affected by the COVID-19 pandemic, which is spreading around the world and having severe impacts on the global economy. A survey of 124 wood processing enterprises on the impacts of the disease found that the sector’s export turnover and growth are likely to drop sharply in the near future. Up to 76 percent of enterprises said that the sector is likely to suffer total initial losses of 3 trillion VND (127.2 million USD), while the remaining said they have not yet determined the level of loss. Only 7 percent of the respondents said they are maintaining operations as normal. Meanwhile, 51 percent reported that they had scaled down production, and 35 percent said they will have … [Read more...] about Wood export turnover grows 16 percent in Q1

The Vietnamese government leader thanked the Australian Government for proposing technical assistance for Vietnam to mitigate the negative effects caused by the COVID-19 pandemic. He affirmed that Vietnam is willing to support Australia within its possibility, such as providing medical supplies for epidemic prevention and other essential goods that Australia might need. … [Read more...] about PM Nguyen Xuan Phuc talks on phone with Australian counterpart