The agency is reviewing the organizational structure, functions and tasks of local industry promotion centers while proposing solutions to enhance local industry promotion activities and policies, and working with related units to plan the 2022 national industry promotion funding allocation. Inspecting and evaluating the implementation of industry promotion projects The Agency for Regional Industry and Trade acts as a bridge with localities to ensure that directives issued by the Ministry of Industry and Trade are strictly and effectively implemented. Last year, the agency closely coordinated with localities to implement the National Industry Promotion Program with a total budget of VND75.641 billion. The program encouraged rural industrial enterprises to modernize production technology gradually, creating products of greater value and competitiveness, which also helped local businesses stabilize production during the pandemic. The ARIT will continue providing … [Read more...] about MoIT agency plays leading role in industry and trade development
Localities
Hanoi promotes sustainable rice production
The city has supported localities in building large-scale rice farming and encouraged businesses to expand distribution networks in the domestic market and exports. Hanoi is promoting sustainable rice production as a key solution to meet the growing demand for domestic consumption and exports. A delegate of the Hanoi's Department of Agricultural and Rural Development inspects organic farming production at Thach That District. Photo: Anh Ngoc Organic rice farming in Dong Phu Commune, Chuong My District, is considered one of the examples of rice production under the value chain. The Director of the Dong Phu Organic Agricultural Cooperative Trinh Thi Nguyet said from the original area of five hectares, the cooperative has now expanded its production area to 40 hectares. “The entire crop harvested would be later processed and distributed to other provinces/cities, as well as for exports,” Nguyet told The Hanoi Times . According to Nguyet, prices of … [Read more...] about Hanoi promotes sustainable rice production
Hanoi needs to remove barriers to develop high-tech agriculture
The Hanoi government will improve mechanisms and policies to encourage the participation of the private sector in the field of high-tech agriculture. Hanoi needs to remove two barriers of capital and land to attract businesses to invest in high-tech agriculture, according to local media. Applying high-tech in agriculture is inevitable for the capital city’s farming sector, especially in face of the Industrial Revolution 4.0 which has strong impacts on socio-economic life. In order to remove the agricultural development hindrance, the Hanoi government has implemented a number of solutions such as providing businesses, cooperatives, cooperative groups, farms, and households with money from the city's funds for processing and conservation of high-tech agricultural products. Tending hydroponic vegetables at Duc Phat High-tech Agricultural Cooperative (Thanh Tri district). Photo: Ba Hoat In particular, under the Hanoi Agricultural Sector’s restructuring plan … [Read more...] about Hanoi needs to remove barriers to develop high-tech agriculture
Vietnamese tech retailers manage to survive Covid-19 pandemic
Many retailers in phone and electronics segments focus on developing online channels to survive during the coronavirus pandemic period. To survive adverse effects of the coronavirus pandemic, many Vietnamese tech retailers have quickly boosted their sales on online platforms as their physical stores nationwide have to close until April 15 to comply with the prime ministerial directive stipulating measures to combat the pandemic. Photo: MWG Significant demand on tech products Mobile World Investment JSC (MWG), the largest tech retailer in Vietnam, saw a surge in demand in online shopping since the beginning of April as more than 10% of its 2,000 phone and electronics stores, mainly in Hanoi, have to close. Dang Thanh Phong, PR manager of MWG, told Hanoitimes that its revenue from online sales accounted for 13% of the total phone and electronics revenue in March, higher than that of the previous months. Due to the closure of its stores, sales in … [Read more...] about Vietnamese tech retailers manage to survive Covid-19 pandemic
Muoi Sau sweet soups- the quintessence of Hanoi’s nosh
Muoi Sau (Sixteen) Dessert Soup Stall in Hanoi’s downtown is a well-known place for those who love the sweetness of Hanoi desserts. Che or sweet soup is a Vietnamese dessert that originated in northern Vietnam a nearly century ago. This has long been a familiar nosh of Hanoians to cool off on hot summer afternoons. From the simple sweet porridge cooked from lotus, black or green mung beans, over time, it has become more diverse with different variants. A specialty of Hanoi The mixture of lotus and young rice sweet soup. Photo: Moc Van Interestingly, you can enjoy che in both Summer and Winter. There is no better way to refresh your body in the middle of a hot summer day than having a cool fresh glass of che , and warm your body up with a hot bowl of Vietnamese sweet soup on a freezing winter night. che may be served hot or cold, in bowls, glasses, or over ice. Unlike che from other provinces, Hanoians are very careful in the selection of … [Read more...] about Muoi Sau sweet soups- the quintessence of Hanoi’s nosh
Opportunities for e-commerce in Vietnam to boom
Illustrative image. (Photo: SGGP) According to Mr. Nguyen Ngoc Dung, Chairman of Vietnam E-commerce Association (Vecom), in 2021, despite being heavily affected by the Covid-19 pandemic, Vietnam's e-commerce still maintained a good growth momentum with an increase of about 20 percent and a scale of $16 billion. Keeping the growth momentum, Vietnam is now one of the countries with the largest e-commerce market size in the region, besides Indonesia, Thailand, and Malaysia. Vietnam's internet economy in 2021 grew by 31 percent compared to 2020 and reached a scale of $21 billion. Of which, the online retail sector enlarged by 53 percent and touched a scale of $13 billion. There are two waves that have contributed to the steady development of e-commerce in Vietnam in 2020 and 2021 and will be the driving force for the next period. The first wave took place during the early stages of the Covid-19 pandemic in 2020, and the second one from June to September 2021, during the fourth … [Read more...] about Opportunities for e-commerce in Vietnam to boom
Vietnam puts gasoline database system into operation to avoid violations
Illustrative photo:SGGP/ Viet Chung The Office of the Ministry of Industry and Trade this morning informed that gasoline, an essential goods, directly affecting the production activities of enterprises as well as people’s livelihoods. The gasoline price hugely affects the Consumer Price Index (CPI) which impacts the whole country’s macroeconomy. From the beginning of the year up to now, the local and international gasoline markets have been uncertain affecting the fuel supply and prices in the local market. Currently, the whole country has 38 wholesalers of gasoline, 329 gasoline distributors and nearly 17,000 retail gas stations. In order to strengthen state management in the field of gasoline business , prevent violations in petroleum business activities, and support the authorities in regulating the supply and demand of gasoline, it is necessary to apply information technology in updating data for petroleum trading enterprises across the country related to gasoline … [Read more...] about Vietnam puts gasoline database system into operation to avoid violations
HCM City, Laos enhance bilateral cooperation
Chairman of the municipal People's Committee Nguyen Thanh Phong affirmed the interest of the city’s leaders in further strengthening of all-round cooperation between HCM City and localities in Laos. Ho Chi Minh City has supported Laos in many various projects, including upgrading Vientiane-Ho Chi Minh City friendship high school worth US$ 5 million; building financial information center, human resource training, Xieng Khouang Province’s library, former President Kaysone Phomvihane Memorial Museum, Houaphan province’s office building, the cultural center of minority ethnic group in Champasak province. Mr. Khamphanh Phommathat expressed his thanks to the HCM City’s government in enhancing the special relationship and cooperation between the two countries. By THUY VU – Translated by Kim Khanh … [Read more...] about HCM City, Laos enhance bilateral cooperation
3 killed in northern Vietnam after wall collapses following downpour
The dead were aged 25-43 and the injured woman was 22 years old. All four persons were cleaning up after a downpour when a house wall collapsed on them, the Giao Thong newspaper reported. Authorities are searching through the rubble to find out if there are more victims and to try and find out why the accident happened. The latest reported deaths take the death toll of heavy rains in northern Vietnam to six. Landslides and floods triggered by the heavy rains had killed three people in the provinces of Tuyen Quang and Hoa Binh, while destroying 260 houses. A low-pressure area over the northern region had triggered rains starting May 19, but the heaviest ones showed up since last Saturday. Floodwaters have damaged 9,500 hectares of rice fields in several localities, with Hanoi suffering the most, losing more than 4,000 hectares, followed by Tuyen Quang and Phu Tho with 1,500 hectares each. Between 7 a.m. and 3 p.m. Tuesday, rainfall was measured at almost 200 mm in Thai … [Read more...] about 3 killed in northern Vietnam after wall collapses following downpour
Da Nang top official loses Party positions over extramarital affair
Trung has not upheld ethical standards and lifestyle, has violated regulations by engaging activities prohibited for Party members and violated the Law on Marriage and Family, said the Secretariat which is in charge of personnel issues of Party members. His violations have upset the community and affected the reputation of the Party and state authorities, it added. On Thursday, a woman employed at a high school in Da Nang posted a picture with Trung on Facebook, saying she has a child with him despite his marriage to another woman. The incident is being verified by authorities. Trung, 46, used to be the headmaster of the Da Nang Political School. He became the deputy chairman of the Da Nang People’s Council, the city's legislature, in 2018. The Secretariat has requested local authorities to take follow up action on Trung’s violations. … [Read more...] about Da Nang top official loses Party positions over extramarital affair