Deputy Minister of Agriculture and Rural Development Tran Thanh Nam (R) and Mongolian Ambassador to Vietnam Jigjee Sereejav at the event. (Photo: VNA) Hanoi (VNA) – Agriculture holds a great potential to help developing cooperation between Vietnam and Mongolia, Mongolian Ambassador to Vietnam Jigjee Sereejav has said. The diplomat made the comment at a recent meeting with Deputy Minister of Agriculture and Rural Development Tran Thanh Nam in Hanoi to discuss the promotion of the bilateral trade of farm produce. Agreeing with his guest, Nam expressed his belief in the nations achieving their 100-million-USD trade goal soon, particularly via strengthening farming collaboration in the time to come. Transport between the sides presents a difficulty which should be tackled to facilitate regular interactions between their enterprises, Nam said. The official noted that he wants to know more about strong agricultural hubs of Mongolia. The ambassador said the countries can … [Read more...] about Vietnam-Mongolia cooperation sees significant potential from agriculture: Ambassador
Okhla garment textile cluster
Local enterprises lack materials due to China’s ‘Zero Covid’ policy
Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy
Ministry listens to firms’ difficulties, pledges to raise support
Ha Nam Textile Company in Phu Ly, Ha Nam. Enterprises are encountering a number of difficulties after the COVID-19 pandemic and needed support to promote business and production recovery. — VNA/VNS Photo Tran Viet The Ministry of Planning and Investment will propose policies to remove obstacles for enterprises and enable them to seize opportunities to accelerate production and business, Minister Nguyen Chi Dung said. Dung promised at a meeting on Monday to listen to the difficulties of enterprises and raise solutions for the second half of this year, saying it was important to identify advantages and opportunities, as well as challenges, to raise policies to support enterprises and enable them to participate and not miss any chances. Enterprises are encountering a number of difficulties after the COVID-19 pandemic which has heavily socio-economic activities hard during the past two years. Labour shortages are one of the most common challenges facing industries. According to … [Read more...] about Ministry listens to firms’ difficulties, pledges to raise support