Vietnam Rubber Group to raise natural rubber output under its own brand A worker collects latex from a rubber tree (Illustrative photo: VNA) The rate is expected to hit 92 percent by 2022. The VRG has built a set of standards and introduced VRG-branded rubber products since 2018, bolstering consumption of its products along with Vietnam’s rubber brand in the international market. VRG-branded products reached 255,407 tonnes last year, accounting for 68 percent of the group's total output, from just 20,790 tonnes recorded in 2018. The VRG reported 21.17 trillion VND in revenue and 5.23 trillion VND in post-tax profit in 2020, year-on-year increases of 6.9 percent and 36.4 percent, respectively./. CPI in February highest in 8 years Vietnam’s consumer price index (CPI) in February was up 1.52 percent over the previous month and 0.7 percent year on year, according to the General Statistics Office (GSO). This is the highest February CPI growth recorded in the last eight years. However, the index in the first two months decreased 0.14 percent year-on-year. Compared to the previous month, an upturn was seen in the prices of ten out of 11 main groups of goods and services, with housing and construction materials taking the lead (4 percent). It was followed by food and catering services (1.61 percent); transport (1.55 percent); drinking and tobacco (0.9 percent); garment and textile, headwear and footwear (0.25 percent). The price of education services remained stable compared to the previous month. The GSO’s Price Statistics Department explained that the CPI in February saw a strong rise due to the higher demand for food and foodstuffs for the Lunar New Year (Tet) festival. The prices of medicine and medical supplies in January-February increased by 0.88 percent compared to the same period last year, the price of gas in the month climbed 3.05 percent year-on-year. There were a number of reasons for the decrease in CPI in the last …
Muscle foods review
Loship secures investment from Skype co-founder
Loship will use the investment to expand its delivery network, human resource, technology and market. — Photo tvphapluat.vn HÀ NỘI — Loship, Việt Nam’s fast-growing one-hour-delivery e-commerce startup, has announced its latest investment from Skype co-founder Jaan Tallinn. Tallinn participated in Loship’s Series C funding through his investment vehicle MetaPlanet Holdings. This capital injection marks Loship as the first portfolio company of MetaPlanet in Việt Nam and Southeast Asia. The investment comes four months after the startup secured capital in a bridge round led by Vulpes Investment Management. According to Loship CEO Nguyễn Hoàng Trung, the fresh capital will be spent on expanding the firm’s delivery network, human resource, technology and market. “A huge portion of the funding will be poured into upgrading our app and developing technologies in Loship,” Trung said, adding that they will also ramp up their marketing strategies to cement Loship’s presence in the domestic market. “It didn’t take me very long to realize Loship was on to something,” Loship quoted Tallinn as saying in its announcement. “MetaPlanet is planning to pay more attention to the rapidly growing economies in Southeast Asia. So I’m delighted to be off to a strong start in Việt Nam by adding Loship as our first portfolio company there.” Founded in 2017, Loship traces its roots back to Lozi, a review app allowing users to find food, beverage, and coffee shops, before transitioning into a one-hour-delivery services platform. Loship has closed its series A and B rounds from investors such as South Korea’s Smilegate Investment, Hana Financial Group, DTNI, and Golden Gate Ventures. — VNS …
[Read more...] about Loship secures investment from Skype co-founder
Students in HCM City back in school
A child cleans his hands and has body temperature checked before entering Tuổi Thơ Kindergarten in HCM City's District 8 on Monday. — VNA/VNS Photo HCM CITY — Students in HCM City returned to school on Monday after an extended Tết (Lunar New Year) holiday due to the resurgence of COVID-19 in late January. Schools had to take preventive measures including classroom and hand sterilisation, body temperature checks and health declarations. Phùng Thị Ngọc Hiền, principal of Tuổi Thơ Kindergarten in District 8, said 90 per cent of surveyed parents wanted their children to return to school. “The school has sterilised classrooms, equipment and toys and communicated with parents to together help children take preventive measures at home and at school,” she said. At a young age, parents and teachers have to actively help children take preventive measures. The school, which offers day boarding services, pays attention to food safety and hygiene and has desks in front of the school gate for parents to make health declarations, she told the Vietnam News Agency. Sương Nguyệt Anh Secondary School in District 8 had 29 absent students on the first day back as parents let them stay at home for further monitoring due to sickness. According to Nguyễn Hoàng Dũng, the school’s vice-principal, the school followed the curriculum for the new week as planned and reviewed the knowledge of the previous week. During the holiday, about 900 out of more than 1,200 students of the school attended live online learning sessions. Others who couldn’t attend studied through videos uploaded on the school’s website or other channels. Nguyễn Bỉnh Khiêm Primary School in District 1 opened its gates to welcome but did not hold an outdoor morning session at the school yard to ensure safety. Lê Hồng Sơn, director of HCM City Department of Education and Training, said schools in the city had made preparations to welcome students back. Thanks to experience from previous COVID-19 …
