Reduce food waste

According to Fitch Solutions, this was likely due to self-imposed capital constraints faced by banks as they transition to the Basel II standards. Given that major lenders in Vietnam have already transitioned or are on track to fulfil the Basel II requirements in 2020, credit growth is expected to stabilise at 12.5% in 2020. … [Read more...] about Vietnam’s credit growth to stabilise, inflation to be elevated In 2020: Fitch Solutions

At this time, most manufacturing and trading enterprises in general and enterprises participating in the price stabilization program in Ho Chi Minh City, in particular, have almost completed their preparation of goods for Tet holidays. Besides preparing goods to supply for the market, price-stabilized enterprises also have to stockpile a large amount of goods to maintain the balance between supply and demand and price in case the market signals change. Mr. Phan Van Dung, Deputy CEO of Vissan Joint Stock Company, said that by January 15, his company had produced and provided the market with various types of processed food which accounted for more than 90 percent of its plan for Tet holidays. The consumption rose by 10-25 percent, depending on each product, compared to normal days. The prices of processed food products of Vissan are quite stable. As for fresh food, such as pork, Vissan has been collaborating with farms and distributors to meet as much as the rising demand in the next … [Read more...] about Tet market: Enterprises increase promotional programs to boost consumption

Vietnam is defined as one of the countries most affected by climate change. Seventy per cent of the Mekong Delta is assessed as highly vulnerable to flooding, with 7 million people at risk, while 25 per cent is predicted to be unusable by 2100 under the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC). … [Read more...] about UK launches $2.6mn project to help Vietnam safeguard deltas