Korean technology enterprises

Illustrative image (Photo: VNA) Hanoi (VNA) – The Ministry of Agriculture and Rural Development (MARD) is striving to increase the proportion of science , technology and innovation ’s contributions to the sector’s growth by over 50% by 2030 through research, transfer and application activities. The number of businesses engaged in innovation will account for 60% of the total working in the sector by 2025, and 85% by 2030. The sector will support the construction and development of at least 200 hi-tech agricultural enterprises nationwide, and 50-100 high-tech agricultural zones in the agro-ecological ones. BBFarm agricultural cooperative in Song Long commune, Son Hoa district, Phu Yen province (Photo: VNA) More efforts will be made to turn science, technology and innovation into a breakthrough to strongly develop Vietnam's agricultural economy; transform to a green and environmentally sustainable growth model; and improve productivity, quality, efficiency and … [Read more...] about Science, technology, innovation to contribute over 50% to agricultural growth by 2030

In 2022, Ho Chi Minh City's industrial food production recorded a significant increase of 30.5 per cent on-year. However, the industry is facing many fresh challenges this year due to fluctuations in the global economy affecting export markets and a slowdown in economic growth. Phan Van Co, marketing director of Vrice Group, said, "Since the beginning of the year, the cost of materials for rice production has increased considerably, by 3-5 per cent. While the price of rice has increased in many countries around the world, it has not increased as it has in the Vietnamese market, making it difficult for Vietnamese rice exporters to compete." In 2023, industry and trade in Ho Chi Minh City will strive for an increase in the index of industrial production of 7.5 per cent; growth in the total retail sales of social consumer goods of 12 per cent; and a 10 per cent jump in exports, excluding crude oil, through the city's port. The targets were set while taking such difficulties as the … [Read more...] about Ho Chi Minh City food enterprises hope expansion is key

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - Vietnam pledges to actively participate in and contribute to the building of the Global Digital Compact (GDC) to promote the implementation of the United Nations’ 2030 Agenda, a Vietnamese representative told the first Informal Consultations on GDC in New York on January 30. The building of the compact is necessary to promote a safer, fairer and more developed digital world for all. Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, said at the event. Read full story - Vietnam will participate in ASEAN Tourism Forum (ATF) 2023 themed “ASEAN: A Journey to Wonderful Destinations”, and the Travel Exchange (TRAVEX) trade fair in Yogyakarta, Indonesia from February 2 – 5, according to the Vietnam National Administration of Tourism (VNAT). At the forum, Vietnam will introduce tourism development, mechanisms and policies, tourism products and … [Read more...] about ☕ Afternoon briefing on January 31

The Ho Chi Minh City Department of Labor, Invalids and Social Affairs noted about 95% of employees in local agencies, factories, and businesses had been back to work as of January 30. Among the over 1,300 companies surveyed by the department, more than 42% of those allowing their workers to return to their hometowns for Tet from January 18 - 19 (the 27th and 28th days of the last lunar month) have resumed operations. Director of the department Le Van Thinh said despite many difficulties leading to lay-offs in late 2022, the situation has improved as many businesses and factories have received new orders. A number of companies have launched various incentives and better treatment policies to keep employees. Resignations after Tet have declined as most workers want to have stable jobs, especially amid numerous difficulties facing the economy and daily lives, he noted. As of the end of 2022, Ho Chi Minh City was home to more than 286,000 enterprises and 460,000 individual … [Read more...] about Majority back to work after Tet in Southern industrial hubs

Chairperson of the Indonesian Chamber of Commerce and Industry, Arsjad Rasjid (second from right), at the press conference. (Source: ANTARA/Ade Irma Junida/uyu) Jakarta (VNA) - The Indonesian Chamber of Commerce and Industry (Kadin), which is chairing the 2023 ASEAN Business Advisory Council ( ASEAN-BAC ), is about to introduce seven legacy breakthroughs on five priority issues during the country’s ASEAN chairmanship this year. Antara news agency of Indonesia reported that the Kadin chairperson, Arsjad Rasjid, unveiled the information at a January 30 press conference on the “ASEAN-BAC Chairmanship Handover Ceremony 2023” (from Cambodia to Indonesia). Three of the seven legacies involve digitisation programmes that focus on fintech and e-trade, namely the ASEAN QR (Quick Response) Code, the ASEAN P2P (peer-to-peer) Lending Platform, and WIKI Entrepreneurship. Rasjid said that Kadin is collaborating with all central banks in ASEAN countries for the QR code … [Read more...] about Indonesia to introduce ASEAN breakthroughs on fin-tech, e-commerce

Speaking at a gala dinner held in London on January 29 to review VBUK’s operation in 2022 and sketch out development orientations in 2023, Phuong said the association organized many activities, including online workshops with Vietnamese economic experts and entrepreneurs in the U.K. to share business knowledge and experience for the Vietnamese business community in the country. The VBUK has also supported business cooperation between its member enterprises and businesses at home, he added. Addressing the event, Ambassador Nguyen Hoang Long spoke highly of the role of the VBUK in connect Vietnamese firms in the U.K. and the homeland. At the World Economic Forum (WEF) in Davos earlier this month, Vietnam was seen as one of the three VIP markets (Vietnam, Indonesia, the Philippines) in the world, he said, adding that it is the second largest trade partner of the U.K., so there is a large room and opportunities for the Vietnamese business community in the European nation. The … [Read more...] about Vietnamese businesses in U.K. boost cooperation with companies at home

Present at the event were Director of the General Department of Political Affairs General Luong Cuong, Chief of the General Staff of the Vietnam People’s Army and Deputy Defense Minister Senior Lieutenant General Nguyen Tan Cuong, Deputy Defense Ministers Senior Lieutenant Generals Hoang Xuan Chien, Vu Hai San, and Le Huy Vinh. The festival was part of the practical activities to mark the 64th anniversary of the day President Ho Chi Minh launched the lunar New Year (Tet) tree-planting festival (1959-2023) and 93rd founding anniversary of the Communist Party of Vietnam (February 3, 1930 - 2023) and welcome the Year of the Cat. It also responded to the Prime Minister-launched program of planting 1 billion trees for a green Vietnam. Addressing the event, Defense Minister General Phan Van Giang said that in the 2015-2020 period, the whole military planted nearly 11 million trees of different kinds, importantly greening bare land, barren hills, helping regulate climate, and improving … [Read more...] about Defense ministry launches tree planting festival 2023