Bangkok – Thai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. The Aranyaprathet-Poipet border gate of Thailand and Cambodia (Photo: Asia News) Sanan Angubolkul, chairman of the Thai Chamber of Commerce (TCC), said Cambodia is seeing average economic growth of 7 – 8% per year as a result of the country opening up to foreign direct investment. Cambodia has been trying to develop its tourism and agricultural sectors, but the country still lacks sufficient knowledge and modern technology, especially in terms of storage and processing in order to increase values. This offers a very good opportunity for Thai businesses to forge joint investments with Cambodian counterparts in many sectors as above, according to Sanan, who is also chairman of the Board of Trade of Thailand. He led the first post-pandemic visit to Cambodia by more than 60 … [Read more...] about Thai businesses eye expanding trade, investment in Cambodia
Processing manufacturing
Digital transformation matters a lot to economic integration: Vietnamese PM
Vietnam’s digital transformation is designed to be based on three main pillars namely institution, infrastructure, and manpower. Digital transformation plays a major role in building an independent and integrated economy, Vietnam’s Prime Minister Pham Minh Chinh made the statement today. The country should not remain outside this process and building successful digital-based economy and society needs to begin with e-government, Chinh, who is also Chairman of the National Committee for Digital Transformation, said at the committee’s 3rd meeting on August 9. The event drew the participation of more than 130,000 officials nationwide, including Deputy Prime Minister Vu Duc Dam and many cabinet members, to discuss the application of population data and electronic identification and authentication for national digital transformation in the 2022-2025 period with a vision to 2030. Vietnam's Prime Minister Pham Minh Chinh speaks at the national meeting on digital … [Read more...] about Digital transformation matters a lot to economic integration: Vietnamese PM
Low-income earners hardly access loans for buying social houses
At the meeting ( Photo: SGGP) Today, the Ho Chi Minh City National Assembly deputies delegation had a meeting to supervise the implementation of the Housing Law in the city for the 2016-2021 period to the branch of the State Bank of Vietnam in HCMC and the branch of the Bank for Social Policies in HCMC, the Department of Construction and Department of Natural Resources and Environment. At the conference, Huynh Thanh Khiet, Deputy Director of Ho Chi Minh City Department of Construction, said that in the period 2016-2021, nearly 15,000 apartments in 19 social housing projects were completed. In the next phase between 2021 to 2025, the southern metropolis planned to implement 25 projects with a total of more than 28,600 apartments. With nearly 15,000 apartments in 19 social housing projects, Ho Chi Minh City can satisfy the housing needs of a part of low-income people, civil servants, and public employees with housing difficulties. Accordingly, the number of social housing has not … [Read more...] about Low-income earners hardly access loans for buying social houses
HCMC to deploy one-stop information system for handling administrative procedure
HCMC will deploy electronic one-stop information system for handling administrative procedures Today, speaking at the national online conference on the preliminary review of 6 months of implementing Project 06 on developing the application of population data, identification and electronic authentication for national digital transformation in the 2022-2025 period with a vision to 2030, Vice Chairman of the municipal People's Committee Duong Anh Duc emphasized that the Government's Project 06 is implemented when the southern metropolis is determined to implement the digital transformation program for the building of the smart city, and putting into operation the shared data warehouse, all of which have facilitated the implementation of the Project 06. There are 403 online public services at level 3, and level 4 in HCMC and 25 essential public services under the Government's Project 06. According to Vice Chairman Duong Anh Duc, with the aim to improve the quality of administrative … [Read more...] about HCMC to deploy one-stop information system for handling administrative procedure
No ideal waste treatment technology for Vietnam yet
Vo Tien Dung, vice director of Hanoi-based Halcom Vietnam, said his business has been cooperating with German, Finnish and Japanese companies for the last 23 years, but has yet to find the best technologies to deal with Vietnam’s waste problems. It is difficult to treat typically unsorted and highly humid waste in Vietnam. For example, trash in Europe has a humidity level of around 20%, while trash in Vietnam could have a humidity level of 60-70%, he added. Even the ongoing waste-to-energy plants in Hanoi and Can Tho would need more time so their effectiveness could be evaluated, Dung said. Treating unsorted trash without the same humidity conditions as in other countries would make it hard to meet efficiency and emission standards, he added. Nguyen Quang Huan, member of the National Assembly’s Committee for Science, Technology and the Environment, said he was concerned about waste-to-energy plants. He said such technology still produces pollutants, and is merely cleaning the … [Read more...] about No ideal waste treatment technology for Vietnam yet
☀️ Morning digest August 9
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Vietnam always wants to promote solidarity, friendship, and comprehensive, sustainable and long-term cooperation with Cambodia, considering this a priority in its foreign policy, Minister of National Defence General Phan Van Giang told Cambodian guests in Hanoi on August 8. Giang hosted a reception for a delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army. Read full story - Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2% in Q4 of 2021, and … [Read more...] about ☀️ Morning digest August 9
Netherlands helps Mekong Delta agriculture sector to adapt to climate change
Illustrative image (Source: VNA) Can Tho (VNA) – The Department of Agriculture and Rural Development of Can Tho city held a working session with a delegation from the Dutch Embassy on August 9, during which the two sides exchanged views on the Mekong Delta’s sustainable agricultural transformation . Dr. Dang Kim Son, an expert in agricultural policy who led the Dutch delegation, noted that the Netherlands wishes to cooperate with the Mekong Delta and Can Tho city in agricultural transformation, focusing on specific agricultural products and experts. Pham Truong Yen, Deputy Director of the department, pointed out the challenges facing the Mekong Delta, including climate change, rising sea levels and saltwater intrusion, along with small-scale production and a low-quality workforce. The region needs support from the Netherlands in terms of mindset and vision, he said, adding that the Mekong Delta also hopes to learn from the country’s experience in water … [Read more...] about Netherlands helps Mekong Delta agriculture sector to adapt to climate change