Fruit and vegetable processors are urged to adopt advanced technologies to improve export value. Vietnam's fruit and vegetable export turnover has risen 29% year-on-year to US$1.9 billion in the first five months of this year, enabling the sector to reach US$4 billion in exports in 2023, according to the Ministry of Agriculture and Rural Development (MARD). Fruit and vegetable exports grossed US$982 million in the first quarter of this year, up 16.2% compared to the same period in 2022, with sales to the Chinese market showing impressive growth. China imported $805 million worth of Vietnamese products, accounting for 80% of the market share. MARD stressed that in foreign markets, including China, Vietnamese fruits face stiff competition from rivals from Thailand, Cambodia, and the Philippines. "Export prospects in the second half of the year will be better as many countries favor Vietnamese agricultural products," it added. Vietnamese durian for exporting. … [Read more...] about Vegetable and fruit exports expected to hit $4 billion this year
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Russian film companies to join Telefilm Vietnam 2023
They will present more than 80 projects for international content buyers, movies, series, and animations at the Russian Content Worldwide booth, organized by Roskino, a national operator for the promotion of films. Among those is “The Challenge” - the first feature film shot in space. Ekaterina Naumova, Roskino Acting General Director said that last year, the Russian film industry had a comprehensive presence at Telefilm Vietnam for the first time in an online format. Customers showed great interest in Russian animation projects, documentaries, action films and comedies, and bought format rights of Russian serials, he noted. This year, in order to more effectively capitalize on film market opportunities and build partnerships with local TV channels, VOD platforms and distributors, Roskino will organize a large-scale offline presence of Russian content producers. This format will allow them to meet potential partners and increase interaction with foreign peers, she said, adding that … [Read more...] about Russian film companies to join Telefilm Vietnam 2023
Apple retailers set for price competition shake-up
Apple on May 17 announced the expansion of the Apple Store online into Vietnam. Customers throughout the country can now shop direct with Apple and receive a service delivered by dedicated team members ready to share their expertise in Vietnamese. Meanwhile, in mid-May, eDiGi, Vietnam’s foremost premium Apple retailer, announced the closure of its store after five years. The store entered the market when official Apple products were struggling to compete against smuggled counterparts. Backed by one of Vietnam’s top retail companies, IPP Group, eDiGi aimed to carve a niche for itself in Ho Chi Minh City’s District 1, Ho Chi Minh City. The accolades poured in as eDiGi secured the coveted Apple Premium Reseller and Apple Service Provider certifications, becoming the country’s pioneering haven for Apple aficionados seeking unrivalled services. However, eDiGi found itself grappling with a market where affordable prices outweighed immersive shopping experiences, and it struggled to … [Read more...] about Apple retailers set for price competition shake-up