Vo Quang Ha, deputy chair of the Handicraft and Wood Industry Association of Dong Nai, said foreign investors, especially China, have contacted local garment and textile and wood enterprises to negotiate capital contributions and share purchases. Under normal conditions, foreign investment together with the transfer of new technologies helps Vietnamese businesses increase their competitiveness. However, these days, foreign investors are targeting domestic businesses because of their low-priced stocks. Other countries in the world are also concerned about foreign investors taking advantage of plunging stocks and the volatile market conditions induced by the Covid-19 pandemic to acquire firms at low prices. … [Read more...] about Experts urge caution on M&A exploiting low share prices
Solar power plant diagram
Gardeners prepare bonsai trees for upcoming Tet holiday
This time of year is the biggest harvesting season for gardeners in flower villages. As Tet is drawing nearer, gardeners in ornamental trees villages are preparing to bring their unique plants and trees to downtown. Tu Lien, a famous village with the kumquat bonsai, are rushing to prepare for Tet. … [Read more...] about Gardeners prepare bonsai trees for upcoming Tet holiday
Toyota recall cars distributed in Vietnam over fuel pump defect
Meanwhile, Lexus, the luxury vehicle division of Toyota, are recalling eight models, including RX350/450h, RX350L/450, NX200t/300h, ES350, GS200t, LX570, and LS500/500h for a check and replacement of fuel pumps. … [Read more...] about Toyota recall cars distributed in Vietnam over fuel pump defect
A village tiptoeing on stilts
Yet what is the most special about the village is its residents live in stilt houses built upon the layout of ancient stilt houses in Dinh Hoa historic site. The stilt houses there belong to one of the oldest cultures in Vietnam. Standing in the rustic wooden houses which are half hidden in forests may remind tourists of familiar things in their childhood. … [Read more...] about A village tiptoeing on stilts
Hanoi promotes science-technology in agricultural production
Hanoi (VNS/VNA) - Science and technology are key to agricultural production, allowing for increases in the capacity and quality of products and improving farmers’ lives. For many years, Hanoi has focused on solutions to promote the transfer of science and technology to farmers. However, to make science and technology the leverage for sustainable agricultural development, more supportive mechanisms and policies are needed, as well as the participation of the authorities. Thanks to the application of science and technology in production, Kim Son commune in Gia Lam district has become the capital city’s hub for growing high quality bananas. “My family grew more than 200 trees of the South African banana variety and earned over 250 million VND (11,000 USD) per year on average,” Nguyen Trong Nghia , a banana farmer, told Ha Noi Moi (New Hanoi) newspaper. “We were planting bananas as per the VietGAP process, which raised consumption,” said Nghia. … [Read more...] about Hanoi promotes science-technology in agricultural production