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Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown. Enterprises in Vietnam have issued warnings that food prices will continue to rise unless solutions are found to restrain surging food input costs, including raw materials, gasoline, and animal feed. As a case in point, cooking oil is now being sold 15-20 percent more expensive at supermarkets in Ho Chi Minh City than at the beginning of the year, and 70-90 percent higher than the price of 2020. Notably, Tuong An cooking oil now sells for VND60,000-160,000 (US$2.6-$6.9) per liter, depending on the type, while a set of 10 chicken or duck eggs is offered at VND33,000-VND38,000 ($1.4-$1.64) at traditional markets. The rates are about 20 percent higher than earlier this year, and nearly double those of last year, mostly owing to higher production costs and … [Read more...] about Purchasing power drops, food prices rise in Ho Chi Minh City

The European Chamber of Commerce in Vietnam (EuroCham Vietnam) held a press conference on the Green Economy Forum & Exhibition 2022 on May 24 The “Green Economy Forum & Exhibition (GEFE) 2022” will take place from November 28 to 30 in Ho Chi Minh City. Delegates attend the press conference. Photo: EuroCham Vietnam At the press conference, EuroCham Vietnam members said that the goal of the event is to support Vietnam in fulfilling its COP26 commitments and the socio-economic development goals specified in its National Green Growth Strategy for 2021-2030. EuroCham encourages both foreign-invested enterprises in Vietnam and Vietnamese businesses to commit to a green growth roadmap. Tim Evans, CEO of HSBC, a member of the EuroCham Vietnam valued the Government of Vietnam’s determination in implementing the Strategy for the 2021-2030 period. Vietnam has gained some "green economy" achievements in comparison with some regional countries, he said. Some … [Read more...] about Green Economy Forum & Exhibition 2022 gathers sustainable initiatives for Vietnam

At the press conference on May 24 to announce GEFE 2022 (Photo: EuroCham) GEFE 2022 aims to help Vietnam fulfill its commitments made at the 26th UN Climate Change Conference of the Parties (COP26) in the UK last year, and its socio-economic development targets set in the national strategy on green growth for 2021-2030. It will bring together experts, scientists, students and governmental representatives from Europe, Vietnam and other Southeast Asian nations. GEFE 2022 will also feature EuroCham Vietnam’s Green Business Awards and annual Gala Dinner. The event will be organized by EuroCham’s Green Growth Sector Committee with the support of the Delegation of the European Union to Vietnam, EuroCham’s nine affiliated European business associations, European embassies and governmental organizations, as well as the Vietnamese government and its ministries. EuroCham Chairman Alain Cany said the event is expected to serve as a platform to enhance cooperation between European and … [Read more...] about Green Economy Forum and Exhibition to be held in HCMC in November

Speakers at the press conference in HCM City yesterday. — VNS Photo Xuan Hiep The partnership between Vietnamese and European business communities is essential to meeting Viet Nam’s commitments to the UN Climate Change Conference (COP26), said the chairman of the European Chamber of Commerce in Vietnam (EuroCham Vietnam) at a press conference in HCM City yesterday. Speaking at the press conference, Alain Cany said climate change, circular economy, energy resources and green financing would top the agenda of the Green Economy Forum and Exhibition 2022 to be held in HCM City from November 28 to 30. Organised by EuroCham Vietnam, the event aims to support Viet Nam in achieving its COP26 commitments through several green European innovations and sustainable solutions. The event also aims to help the country to achieve the socio-economic development goals specified in its National Green Growth Strategy for 2021-2030, he added. It will also help improve the cooperation between … [Read more...] about Int’l Green Economy Forum to help Viet Nam meet COP26 commitments

Speakers at the press conference in HCM City on Tuesday. VNS Photo Xuân Hiệp Speaking at the press conference, Alain Cany said climate change, circular economy, energy resources and green financing would top the agenda of the Green Economy Forum and Exhibition 2022 to be held in HCM City from November 28 to 30. Organised by EuroCham Vietnam, the event aims to support Việt Nam in achieving its COP26 commitments through several green European innovations and sustainable solutions. The event also aims to help the country to achieve the socio-economic development goals specified in its National Green Growth Strategy for 2021-2030, he added. It will also help improve the cooperation between European and Vietnamese business communities and promote a sustainable green Vietnamese economy through expertise sharing and technology transfer initiatives. The forum is expected to offer a platform for all stakeholders to discuss green policy frameworks, national energy plans, … [Read more...] about Int’l Green Economy Forum to help Việt Nam meet COP26 commitments

This is recognised as a significant step forward in the sustainable development and expansion of MM Vietnam in distribution network system for the 5-year period from 2020 to 2025 to better serve its professional customers especially HoReCa channel. The delegates cut the ribbon in the opening ceremony of new MM’s Depot in Sapa Located on the main crossroad about two kilometers from the town center, Sapa Depot spreads over a land area of 480 square meters, in which the total area of the warehouse is 394 square meters. Its target customers comprise business or professional customers who have been providing their products and services in the hospitality industry in Sapa. As an important part of MM Mega Market Vietnam’s supply chain and sourcing management, Sapa Depot aims to provide a wide range of leading-edge products to better support its customers’ evolving demands in a timely manner, while enabling it to offer further solutions within 38 kilometers from Lao Cai City … [Read more...] about MM Mega Market Vietnam expands its footprint in the North with opening Sapa Depot

The picture book Chiếc Dép Thất Lạc has been nominated for the Dế Mèn Awards. — Photo baotintuc.vn HÀ NỘI — A bilingual book by foreign authors is among the official nominees for the Dế Mèn Awards, honouring works by or for children. The book, entitled Chiếc Dép Thất Lạc (The Lost Sandal), is a picture book for children by Belgian writer Geralda De Vos and Swedish illustrator Sofia Holt. They are living and working in Việt Nam. The book is a story of a girl named Linh who loses one of her favourite sandals and her adventure to reclaim it. De Vos came to Việt Nam in 2017 and has participated in environmental protection activities such as plastic waste reduction and recycling activities. She has called on people to pick up and return people's lost items. She began picking up lost sandals on the street, which became her inspiration for the book, The Lost Sanda l. Illustrator Holt came to HCM City in 2014. She is now working as a fashion and furniture designer, and an … [Read more...] about Bilingual book nomiated for Dế Mèn Award

A press conference to introduce the Việt Nam Dairy 2022 was held in the capital city on Tuesday. — Photo provided by the event's organisers HÀ NỘI — The third Việt Nam International Milk and Dairy Products Exhibition (Việt Nam Dairy 2022) will take place at the Hà Nội International Exhibition Centre from May 31 to June 4, the event's organisers have announced. Co-organised by Vietnam Dairy Association (VDA) and Vietnam Advertisement and Fair Exhibition JSC (VIETFAIR), the upcoming exhibition will have 200 booths from 150 domestic and foreign exhibitors. Among them will be Vinamilk, Friesland Campina, Nestle, Nutifood, Abbott and Vinasoy. Participated firms will showcase milk and dairy products, ingredients and technology in the dairy industry, processing and packaging lines in the industry, animal feed and veterinary machines, dairy cattle breeds, environment treatment technology, food safety standard management system and other services in the dairy sector. Chairman of … [Read more...] about Việt Nam Dairy 2022 to be held in Hà Nội

A press conference to introduce the Viet Nam Dairy 2022 was held in the capital city on Tuesday. — Photo provided by the event's organisers The third Viet Nam International Milk and Dairy Products Exhibition (Viet Nam Dairy 2022) will take place at the Ha Noi International Exhibition Centre from May 31 to June 4, the event's organisers have announced. Co-organised by Vietnam Dairy Association (VDA) and Vietnam Advertisement and Fair Exhibition JSC (VIETFAIR), the upcoming exhibition will have 200 booths from 150 domestic and foreign exhibitors. Among them will be Vinamilk, Friesland Campina, Nestle, Nutifood, Abbott and Vinasoy. Participated firms will showcase milk and dairy products, ingredients and technology in the dairy industry, processing and packaging lines in the industry, animal feed and veterinary machines, dairy cattle breeds, environment treatment technology, food safety standard management system and other services in the dairy sector. Chairman of VDA Tran Quang … [Read more...] about Viet Nam Dairy 2022 to be held in Ha Noi