Indonesian Industry Minister Agus Gumiwang Kartasasmita(Photo: Antara) Jakarta (VNA) - The Indonesian government has been actively wooing investors at the 2022 World Economic Forum (WEF) in Davos, Switzerland, by highlighting the country’s investment potential and holding economic discussions. The government always provides support for investors so that every investment which enters Indonesia can become mutually beneficial, Antara news agency quoted Indonesian Minister of Industry Agus Gumiwang Kartasasmita as saying. He added that Indonesia’s economy grew 5.01 percent in the first quarter of 2022 despite the uncertain global economic situation caused by the COVID-19 pandemic. During the same period, its manufacturing industry sector grew 5.47 percent. The improving performance of the manufacturing industry was supported by the industrial downstreaming policy implemented by the government, which raised the manufacturing value added (MVA). He also highlighted new … [Read more...] about Indonesia striving to lure electric vehicle, ICT investment
Highest return on investment mutual funds
Vietnam fosters scientific cooperation with Russian locality
Moscow (VNA) – A virtual roundtable was held among representatives of scientific organisations in Russia’s Kuzbass region and Vietnam on May 26. The event formed part of the ASEAN-Russia Year of Scientific and Technical Cooperation (ARYSTC) 2022. In her opening speech, Deputy Minister of Science and Higher Education of Kuzbass Elena Malkina said the ARYSTC 2022 will help delegates find common interests and define promising cooperation fields for mutual benefits, pledging that Kuzbass authorities will facilitate the partnership. Several cooperation agreements between Vietnam’s universities and institutes and Kuzbass’ scientific universities and centres were signed during the roundtable. Dr Nguyen Quoc Hung, Director of the Russian-Vietnamese Cooperation Development Fund "Tradition and Friendship" and an expert at the Institute of Economics under the Russian Academy of Sciences, affirmed that there is huge cooperation prospect between Vietnamese and Russian localities, … [Read more...] about Vietnam fosters scientific cooperation with Russian locality
Hanoi builds safe agricultural production areas
Nguyen Giap Dong, head of the Ba Vi District Economic Division, said that the district currently maintained a safe tea production area spanning 1,550ha and productivity of 10.5 tons per hectare per year. The output for the whole year is estimated at 16,275 tons of fresh buds, worth VND 350 million (USD 14,900) per hectare per year. To help farmers maintain and expand safe production areas, Ba Vi district has supported and created favorable conditions for localities to innovate technology, ensure raw material sources and well manage tea quality. It builds trademarks, product brands protected by intellectual property; builds good models of safe tea production and processing following Vietnamese Good Agricultural Practices (VietGAP) process. Thanks to that, the district has successfully built the Ba Vi tea brand. In Dong Anh District, Nguyen Anh Dung, deputy chairman of the district People’s Committee, said that the district had 1,180ha of vegetable production area including more … [Read more...] about Hanoi builds safe agricultural production areas
Vietnam needs “green climate Doi Moi”: UNDP
Given net-zero commitments, Vietnam is now at a crossroads to transform routes that benefit both the economy and the environment. Vietnam’s climate commitment at COP26 requires development pathways to ensure the balance of both economy and environment that the United Nations Development Program (UNDP) called reforms. UNDP Resident Representative Caitlin Wiesen at the ceremony held in Quang Ninh Province on May 28. Photos: UNDP Vietnam would need a “Green Climate Doi Moi” to enable a green and inclusive economic rebound from Covid-19 as the country strives for a high-income level by 2045, while safeguarding the natural resources and environment for future generations, Caitlin Wiesen, UNDP Resident Representative, said today. This includes green, climate-resilient approaches to technology, capital markets, supply chains, business models, and the engagement of SMEs in innovation, Wiesen said at a national launching ceremony held on May 28 in response to World … [Read more...] about Vietnam needs “green climate Doi Moi”: UNDP