Processing and manufacturing industry

Illustrative image. (Photo: SGGP) In mid-August, preparation activities for the new school year contributed to an increase in the consumer price index (CPI) in the third quarter, helping to keep a strong and stable growth in the service and retail sales sectors of Ho Chi Minh City. The policy of not increasing hospital fees and tuitions until the end of 2022, even becoming a pioneer in supporting and implementing the proposal of the Ministry of Education and Training in exempting and reducing tuitions, is an important orientation. On the one hand, the city strives to achieve the key goal of stabilizing the CPI. On the other hand, it strengthens the price stabilization of goods for the new school year and essential items of the food and foodstuff group as a practical move to share the burden with people and parents. The total retail sales of consumer goods and services in the city in July increased by 1.4 percent compared to the previous month and 139.8 percent compared to the … [Read more...] about HCMC with upward, downward trends

Prime Minister Pham Minh Chinh speaks at the working session with leaders of Viettel. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on August 16 asked the Viettel Military Industry and Telecoms Group (Viettel) to make greater efforts to contribute further to promoting socio-economic development and building an independent, self-reliant economy with active and effective international integration. The PM made the request during a working session with leaders of the group, which was connected to Viettel branches in 63 localities nationwide and 10 foreign markets after visiting the firm's hi-tech park. PM Chinh spoke highly of Viettel's achievements in recent times, affirming that the firm has effectively transformed from a military unit into a “dual-use” unit with great contributions to the State budget and the development and application of science and technology in the country, especially in forming a cyber-security industry, ensuring safety for the … [Read more...] about Viettel urged to make greater contributions to national development

Japfa Comfeed Vietnam Ltd., a leading animal feed producer in the market, is running a system of six modern plants across the country. The Japfa factory in Hoa Binh province, covering 56,000 square metres, has an annual capacity of 420,000 tonnes Automated production lines with advanced technology With more than 25 years of operating in Vietnam, Japfa has established its footprint as a leading animal feed manufacturer in the market. The company’s six plants in the provinces of Vinh Phuc, Hoa Binh, Thai Binh, Binh Dinh, Binh Thuan, and Long An supply almost 1.5 million tonnes of products per year. As Vietnam is one of Japfa’s three key Asian markets, the major firm has made large investments into the six Vietnamese production facilities, equipping them with world-class technology and automated production lines to maximise productivity and cost-effectiveness. According to the company, all production lines and technology used at the factories are European imports. … [Read more...] about Japfa Vietnam pioneers modern, green feed factories chain

The PM made the request during a working session with leaders of the group, which was connected to Viettel branches in 63 localities nationwide and 10 foreign markets after visiting the firm's hi-tech park. PM Chinh spoke highly of Viettel's achievements in recent times, affirming that the firm has effectively transformed from a military unit into a “dual-use” unit with great contributions to the State budget and the development and application of science and technology in the country, especially in forming a cyber-security industry, ensuring safety for the development of digital government, economy and society. Viettel’s successes are a testament to the successful formation and development of State-owned enterprises (SOEs) during the "Doi moi" (renewal) process of the country, he said, adding that the group has become a model of innovative and effective SOEs. The Government leader asked Viettel to better implement its commitment to creative vision for people and pioneering in … [Read more...] about Viettel urged to make greater contribution to national development

VAFIE Chairman Nguyen Mai said the first report in 2021 was highly evaluated, and now VAFIE is compiling the 2022 version, which will focus on green growth and economic structure. This year’s report is set to consist of three chapters: the global and ASEAN situation, foreign investment in Vietnam, and orientations and solutions. The annual report aims to provide an objective and scientific assessment of foreign investment in Vietnam and the country’s overseas investment, in comparison with annual, medium-term, and long-term orientations and targets. This gives an all-round view of the FDI sector’s role and impact on Vietnam’s economy and society. Mai noted it is a source of reference for the National Assembly, the Government, the Ministry of Planning and Investment, and other ministries and sectors. It is also made use of by administrations of provinces and cities, management boards of industrial parks and economic zones, business associations, as well as FDI and domestic firms … [Read more...] about FDI report 2022 to focus on green growth, economic structure

The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need  concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans

Ha Long pilots settlement of administrative procedures at post offices. - Illustrative image (Photo: VNA) Quang Ninh (VNA) – Authorities of Ha Long city of the northern province of Ha Long on August 15 piloted the implementation of administrative procedure at post offices in the locality. Under the pilot project, post offices are to process a number of district-level administrative procedures in Ha Long. The project aims to further improve the quality of service to the people, making it easy for them in carrying out administrative procedures, helping reduce the time for travel and minimise bureaucracy and negativity among officials and civil servants. It is also expected to concretise guidelines and policies of the Party and State in digital transformation, building a digital government, economy and society; and promote the role of the public postal service in applying digitalisation in performing administrative services. In the first phase, the project will focus … [Read more...] about Quang Ninh: Ha Long pilots settlement of administrative procedures at post offices