Thai foreign minister

The Chinese market was able to successfully keep its place as the country’s main export destination during the first months of the year. The figures show that the total export volume of cassava and cassava-based products to this market during the first four months of the year reached 959,200 tonnes, with a total value of US$324.7 million, representing an annual rise of 15% in volume and 1.4% in terms of value. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 10

At the workshop, Do Duc Quan, EREA’s deputy director general said, “As an agricultural country with a strong potential for bioenergy, the Vietnamese Government is striving to raise the share of biomass in its power production. Key policies and support mechanisms were promulgated in 2014 and have been amended and supplemented in 2020 to encourage private investment in the sector. With the measures, Vietnam expects to meet its goal for a biomass energy share of 2.1 per cent in the power production in 2030 stated in the revised Power Development Plan VII.” … [Read more...] about BUSINESS NEWS HEADLINES JUNE 11

“We believe the Covid-19 pandemic has caused serious damage. It is also an opportunity for us to look back on our past journey, forcing the community to come together to seek better ways to adapt to the crisis and plan further development,” said Nguyen Son Thuy, QTA’s General Secretary, adding, “It is also a good time to promote the green destination model.” … [Read more...] about BUSINESS NEWS HEADLINES JUNE 12

Ha Thu Giang, deputy head of the SBV’s Credit Department, as of May 25, the banking sector had restructured debt payments for nearly 224,000 clients with total outstanding loans amounting to nearly 152 trillion VND (6.51 billion USD), as well as exempted and reduced interest rates for over 326,000 others with combined outstanding loans of more than 1.14 quadrillion VND. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 13

Nevertheless, he also acknowledged that the company will encounter a range of difficulties in adhering to the agreement’s rules of origin, as while 60 percent of its input materials come from domestic suppliers the remainder come from elsewhere, primarily China. Updating technology and expanding production scale are also problematic given that the company’s internal resources remain modest. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 14