The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
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HCM City (VNS/VNA) – Ho Chi Minh City’s Department of Transport has recommended that the People’s Committee should collect infrastructure fees at ports to fund improvements to their facilities. The volume of cargo handled by them is growing at 5 percent a year, with the goods brought mainly by road, meaning the number of container trucks going in and out of the ports is huge. On average, 26,000 vehicles come to the ports every day but the road network around them has not developed commensurately, resulting in prolonged congestion, according to the department. The city has been investing large amounts of money every year in transport networks, infrastructure and public services at or near ports that serve foreign trade. But funds are limited and so fees should be collected from users of public facilities, the department said. According to figures from the Association of Vietnam Seaports, HCM City ports’ throughput in 2018 was 6 … [Read more...] about HCM City suggested to collect infrastructure fees at ports
Nguyen Chi Thien, deputy director of Long An Department of Agriculture and Rural Development said they had worked with Green and Green Agriculture Company to realise the plan to use UAV in agriculture. Each UAV can spray water or pesticides over 10 hectares of rice in eight hours, 30 times faster than people and can save up to 90% of the usual amount of water. Moreover, they can be easily applied in large fields or over rough terrains. Each UAV can carry 10 litres of water and proved to be safer since the farmers do not face prolonged exposure to chemicals for a long time. Thien said the use of UAV will help boost farm automation to improve productivity. Vuong Trong Nghia, chairman of An Long Cooperatives, said they had tried the UAV in Duc Hoa District. "We'll invest into the UAVs in the future," he said. Dinh Van Chan, director of An Hi-tech Agriculture Cooperatives, also tried the UAV and confirmed that it will be a huge help for farmers and limit the negative impact of … [Read more...] about Long An seeks better agricultural efficiency with UAV