A container is loaded at Chu Lai Port in Quang Nam Province. Vietnam lacks a well-connected logistics network which can boost agricultural product trade and export. (Photo: VNA) Hanoi (VNS/VNA) - Despite being considered as the driving force of Vietnam’s economic growth, agriculture has been held back by an incomplete logistics system which fails to ensure quality and connect farms with markets, according to Ministry of Agriculture and Rural Development (MARD). Vietnam has recently opened its doors for agricultural products to be exported to the international markets, yet struggled to win over customers and couldn’t compete with products from other countries in terms of quality and price due to drawbacks of the existing logistics system. Most small- and medium-sized enterprises fail to afford the cost of logistics services. According to Vietnam Association of Logistics Services Enterprises, the expenses for storing and transporting agricultural products account … [Read more...] about Poor logistics system hinders agricultural products’ trade
Rice exporters in india
Viet Nam, Algeria seek to promote trade, investment at SIPA 2019
Vietnamese Trade Counsellor to Algeria Hoang Duc Nhuan (right) works with an Algerian business operating in the area of aquaculture feed processing. — VNA/VNS Photo Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan attended the 8th International Exhibition of Fishing and Aquaculture (SIPA 2019), seeking to promote trade and investment with Algeria. The SIPA 2019 was launched on Wednesday in the presence of Algerian Minister of Agriculture, Rural Development and Fishing Cherif Omari and will run through Saturday. The biennial event, held since 2013, provides a platform for Algerian and foreign businesses to meet and explore opportunities for trade and investment in fisheries and aquaculture. This year’s event, themed “Fisheries and Aquaculture, driving forces towards sustainable economic development in Algeria,” features about 100 booths run by domestic and international exhibitors in fishing, aquaculture, processing, packaging, fish feed, … [Read more...] about Viet Nam, Algeria seek to promote trade, investment at SIPA 2019
Viet Nam, Algeria seek to promote trade
ALGIERS – Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan attended the 8th International Exhibition of Fishing and Aquaculture (SIPA 2019), seeking to promote trade and investment with Algeria. The SIPA 2019 was launched on Wednesday in the presence of Algerian Minister of Agriculture, Rural Development and Fishing Cherif Omari and will run through Saturday. The biennial event, held since 2013, provides a platform for Algerian and foreign businesses to meet and explore opportunities for trade and investment in fisheries and aquaculture. This year’s event, themed “Fisheries and Aquaculture, driving forces towards sustainable economic development in Algeria,” features about 100 booths run by domestic and international exhibitors in fishing, aquaculture, processing, packaging, fish feed, shipbuilding and more. Later the same day, Nhuan met with Vice President of the Oran Chamber of Commerce and Industry (CCI Oran) Kehal Nacer and representatives of some … [Read more...] about Viet Nam, Algeria seek to promote trade
Prime Minister holds talks with farmers
Prime Minister Nguyễn Xuân Phúc talks with more than 300 farmers in Cần Thơ City on Tuesday. — Photo VGP CẦN THƠ — Prime Minister Nguyễn Xuân Phúc emphasised the significance of processing to the agriculture sector during talks with more than 300 farmers in Cần Thơ City on Tuesday. The farmers represented tens of millions of farming households nationwide. Speaking to them in the Mekong Delta city, PM Phúc said enhancing infrastructure, increasing resources for natural disaster combat and planning the husbandry sector should be also prioritised. He asked the Ministries of Industry and Trade and Agriculture and Rural Development, and the Vietnam Farmers’ Union to provide more information about the market and possibilities, especially information regarding incentives, capital, varieties and materials for agriculture, via their websites. Other issues needed to be clarified include those relating to … [Read more...] about Prime Minister holds talks with farmers
ADB trims growth forecasts as Asia’s biggest economies slow
The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down by both external and domestic factors. Illustrative photo In a supplement to its Asian Development Outlook 2019 Update released in September, ADB now expects gross domestic product (GDP) in the region to expand 5.2% in both 2019 and 2020, down from the September forecast of 5.4% growth this year and 5.5% next year. “While growth rates are still solid in developing Asia, persistent trade tensions have taken a toll on the region and are still the biggest risk to the longer-term economic outlook. Domestic investment is also weakening in many countries, as business sentiment has declined,” said ADB Chief Economist Mr. Yasuyuki Sawada. “Inflation, on the other hand, is ticking up on the back of higher food prices, as African swine fever has raised pork prices … [Read more...] about ADB trims growth forecasts as Asia’s biggest economies slow
