At the opening ceremony of De Heus Vietnam's aquatic feed plant in the Mekong Delta city of Can Tho on September 26 (Photo: VNA) Can Tho (VNA) – The Dutch-based supplier of animal nutrition products De Heus freshly opened a 2.7ha aquatic feed plant in the Mekong Delta city of Can Tho on September 26. Locating at the Tra Noc II Industrial Park in O Mon district, the 18.6 million USD facility is capable of manufacturing 240,000 tonnes of high-quality feed products for tra and basa fish (Pangasius) per year. At the opening ceremony, Deputy Minister of Agriculture and Rural Development Phung Duc Tien took note of the corporation’s contributions to Vietnam’s aquaculture development. He suggested it study the use of domestically available sources of raw materials and alternative ingredients to reduce production costs and enhance efficiency. Realising Vietnam’s advantages to be among key seafood suppliers globally, De Heus is committed to developing its strategic position in … [Read more...] about Netherlands’ De Heus opens aquatic feed factory in Can Tho
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Petrovietnam pushes initiatives to sustain oil and gas production
At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production
CMSC navigates reforms and challenges at SOEs
Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs
De Heus opens $20 million aqua feed mill in Can Tho
The De Heus Can Tho Aqua Feed Mill is designed with a total capacity of 240,000 tonnes annually and is dedicated to producing basa fish feed. All products are manufactured using state-of-the-art European and United States production technology. The entire production process, from input to output, is controlled by a fully automated system and strictly managed in accordance with ISO 22000, BAP and GLOBAL G.A.P. standards. Speaking at the ceremony, Koen De Heus, CEO of De Heus Animal Nutrition said, "We strongly believe white fish products are among the most healthy, delicious and sustainable animal protein products. Therefore, De Heus is actively investing in building our capabilities in this sector, especially in Asia and Africa. Vietnam is positioned well to become one of the world’s most important sources of aquatic proteins. We are committed to keep developing our strategic position in Vietnam together with our local and international partners.” Johan van den Ban, CEO of De … [Read more...] about De Heus opens $20 million aqua feed mill in Can Tho
Evolving demands and trends dictate VIR‘s future
Print has been the mainstay, but times change and so must the press. Photo: Le Toan Since taking a role as an economic counsellor at the Indonesian Embassy to Vietnam a few years ago, Ance Maylany Napitupulu has considered the local media a reliable source of information for her work. “I’m quite impressed by what Vietnam Investment Review has been doing in conveying information via in-depth stories on both online and print newspapers, and especially in organising events,” Napitupulu said. Napitupulu attended VIR ’s conference themed “Stronger Investment Partnerships for a Thriving Vietnam” in May, where she had an opportunity to establish relations with experts. This was the second time that Napitupulu had participated in such large-scale events led by VIR , which she said is becoming a professional event organiser besides its well-established expertise in the Vietnamese press. “I hope to have another opportunity to attend VIR events as they will provide me with new … [Read more...] about Evolving demands and trends dictate VIR‘s future
Festival preserves values of Vietnamese craft villages
At the press conference (Photo: VNA) Hanoi (VNA) – The Vietnam Craft Villages Festival 2023 will take place in Hanoi from October to November to preserve and promote the values of traditional craft villages, the organising board said at a press conference on September 26. The event will be co-organised by the Department of Cooperatives and Rural Development under the Ministry of Agriculture and Rural Development (MARD), and the Hanoi Department of Agriculture and Rural Development. A wide range of activities are on schedule, including a ceremony to honour excellent craftsmen, an opening ceremony, an art programme, an international exhibition introducing craft products and those under the One Commune One Product (OCOP) programme, and an international workshop on preservation and development of craft villages. Thang Long Imperial Citadel will host major events on November 9-12. Particularly, the MARD will organise a Vietnamese handicraft product contest to encourage … [Read more...] about Festival preserves values of Vietnamese craft villages
Vietnam, Cuba news agencies forge cooperation
General Director of the Vietnam News Agency (VNA) Vu Viet Trang and President of Cuban news agency Prensa Latina (PL) Luis Enrique Gonzalez Acosta at their talks in Hanoi on September 25 (Photo: VNA) Hanoi (VNA) – General Director of the Vietnam News Agency (VNA) Vu Viet Trang held talks with President of Cuban news agency Prensa Latina (PL) Luis Enrique Gonzalez Acosta in Hanoi on September 25. Welcoming the PL leader and his entourage, Trang briefed the guests on the VNA’s role as a key multimedia news agency in Vietnam as well as its bold steps to accelerate digital transformation. She expressed her delight at the practical and effective cooperation between the two news agencies over the past years, which has accompanied the development history of the Vietnam – Cuba special friendship. She said she wishes that the two sides will maintain their collaboration, while affirming the VNA will work closely with the PL to preserve and develop cooperative ties, which have been … [Read more...] about Vietnam, Cuba news agencies forge cooperation
Three more Vietnam military officers to join UN peacekeeping forces
At the decision hand-over ceremony. (Photo: VNA) Hanoi (VNA) – The Ministry of National Defence on September 25 handed over the State President’s decisions to three officers, who will join the UN Interim Security Force for Abyei (UNISFA) and the UN Mission in South Sudan (UNMISS). The three are Lieutenant Colonel Nguyen My Hanh, and Captain Pham Thi Mai Ngan, who will work at UNISFA , and Major Hoang Van Kien, who will go to UNMISS . Kien will fly to the UN mission on September 28, while the others are scheduled to leave Vietnam in early October, according to Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations. Addressing the event, Senior Lieutenant General Phung Si Tan, Deputy Chief of the General Staff of the Vietnam People's Army (VPA), asked the department to continue selecting personnel for the UN forces in line with regulations, and build a suitable roadmap to improve foreign language skills for Vietnamese peacekeepers. … [Read more...] about Three more Vietnam military officers to join UN peacekeeping forces
Hanoi Autumn Festival 2023 promotes unique cultural, tourism values
The Hanoi Autumn Festival will take place from September 29 to October 1. (Photo: VNA) Hanoi (VNA) – The Hanoi Autumn Festival will be held for the first time, aiming to promote the capital city’s destinations and tourism products, and attract travelers to the locality, Nguyen Thi Mai Anh, Deputy Director of the Hanoi Promotion Agency , said at a press conference on September 20. The festival, themed “Come to fall in Love in 2023”, will take place from September 29 to October 1, she said. The Hanoi Culinary Space 2023 entitled "The quintessence of Vietnamese cuisine” will also be held at the Hanoi Children’s Palace from September 29 to October 1. The event is intended to promote the city’s culinary value as a unique tourism product to visitors. VNA … [Read more...] about Hanoi Autumn Festival 2023 promotes unique cultural, tourism values
Vietnam makes efforts to develop domestic carbon market
Illustrative image (Source: AFP/VNA) Hanoi (VNA) – In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target. Following the Paris Climate Accords , Vietnam must fulfill its mandatory obligation to reduce greenhouse gas emissions from 2021 according to the Nationally Determined Contribution (NDC). The country also needs to make efforts to reduce GHG emissions towards the goal of net-zero emissions by 2050. Statistics show that carbon pricing tools control about 23% of total global emissions in 2023. In Vietnam, the voluntary exchange of carbon credits with the world has been carried out by businesses since the mid-2000s in projects and programmes under the Clean Development Mechanism (CDM) - a United Nations-run carbon offset … [Read more...] about Vietnam makes efforts to develop domestic carbon market