A production line at Tien Thinh Production, Trading and Service Company Limited. Vietnamese enterprises need more opportunities to receive technology transfer from foreign investment activities.(Photo: VNA) Hanoi (VNS/VNA) - Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry. Technology is important in improving global competitiveness for local manufacturers in Vietnam, said BT Tee, General Director of Informa Markets Vietnam. The domestic industrial sector, which contributes 50 percent of national GDP, has a strategic position in the sustainable development of the domestic economy and attraction of foreign investment. Local enterprises must actively improve production scale and technology and connect with professional partners to develop the industry and participate in the global supply chain, said BT Tee. To do this, some … [Read more...] about Domestic industry needs technology transfer
January transfers
Time for action to cope with air pollution
Nation Time for action to cope with air pollution The Saigon Times Daily Sunday, Dec 15, 2019,15:36 (GMT+7) Time for action to cope with air pollutionThe Saigon Times Daily Air pollution in Hanoi has worsened, making the Vietnamese capital city one of the most dangerous places in the world to live in. Last Friday, according to Nguoi Lao Dong newspaper, the monitoring system of the municipal Environmental Protection Agency showed that 10 of 11 sites were encountering serious air pollution, with the air quality index exceeding 200. The reading, categorized at the purple level, indicated that the air quality was very hazardous and residents may experience serious health problems. The red-alarm air quality in Hanoi City on the day was recorded by various media, including Air Visual as a website that tracks air quality in cities around the world, and Pam Air, an environmental quality tracking app. Faced with the problematic air … [Read more...] about Time for action to cope with air pollution
76.6 million USD veggie processing plant inaugurated in Tay Ninh
At the inauguration ceremony (Photo: VNA) Tay Ninh (VNA) – Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia. At the inauguration ceremony, Deputy Prime Minister Truong Hoa Binh emphasised the importance of the plant to the country’s agriculture. He asked Lavifood leaders to better the quality of products and enhance competitive capacity to make more contributions to the agricultural product processing sector. Provincial authorities should accompany and support the company to raise the value of vegetables, while competent ministries and sectors must continue providing assistance, and removing bottlenecks for it, he added. According to Minister of Agriculture and Rural Development Nguyen Xuan Cuong, the plant was … [Read more...] about 76.6 million USD veggie processing plant inaugurated in Tay Ninh
Cambodian officials share New Year joy with Soc Trang province
Military officers of Cambodia's Kep province and Soc Trang officials pose for a photo at the meeting on January 29 (Photo: VNA) Soc Trang (VNA) – Officials from Kep province of Cambodia visited and offered greetings to authorities and people of the Mekong Delta province of Soc Trang on January 29 ahead of Vietnam’s traditional Lunar New Year festival. Briefing his guests about local development, Vice Secretary of the Soc Trang Party Committee Huynh Van Sum said his province recorded an economic growth rate of 7.2 percent, along with surges in rice output and exports-imports in 2018. Soc Trang has always paid attention to enhancing development in local ethnic communities, especially Khmer people, he noted, adding that the Party and State’s policies targeting ethnic minorities have been implemented well. Ethnic households have been provided with houses, residential land, capital for economic activities and social welfares, thus helping with poverty elimination … [Read more...] about Cambodian officials share New Year joy with Soc Trang province
Quang Tri: over 1.7 bln USD poured into economic, industrial zones
A BOT toll station in Quang Tri province (Source: VNA) Quang Tri (VNA) - Economic zones and industrial parks in the central province of Quang Tri attracted over 40 trillion VND (over 1.7 billion USD) from 150 investment projects as of July this year. Quang Tri is currently home to the southeast coastal economic zone, Lao Bao special economic zone and three IPs, namely Nam Dong Ha, Quan Ngang and Tay Bac Ho Xa. These have lured a great number of investment projects, mainly in the fields of thermal and gas-fueled power, and infrastructure development. The My Thuy deep sea port, invested by the My Thuy International Port Joint Venture Company with total capital of 14 trillion VND (over 602.4 million USD), is among major projects implemented in the locality. Covering an area of 685 ha, the port includes 10 ports, which are capable of receiving 100,000-tonne ships. The Lao Bao special economic zone located in the East-West Economic Corridor, has attracted 50 projects in service, … [Read more...] about Quang Tri: over 1.7 bln USD poured into economic, industrial zones