Us south korea

ASF crisis strikes down CJ ambitions In the opinion of a VIR source, Seoul-based CJ Cheiljedang Corporation, part of CJ Group, is suffering the most from the onset of the disease (ASF) among feed and farm companies, at a time when it was attempting to exit the industry altogether. In May, Dutch group Nutreco was reportedly in advanced talks to buy CJ’s animal feed business. Such a deal was reported to be worth about $1.7 billion, covering over 30 feed mills in South Korea, Indonesia, the Philippines, China, Cambodia, Myanmar, and Vietnam. The group was also negotiating to sell its entire catalogue of farms to Chinese conglomerate New Hope Group, which already has 600 subsidiaries in 30 countries active in agriculture, consumer goods, industrial resources, and real estate. It is especially prominent in livestock and animal feed, and is the second-largest feed producer globally. The group currently boasts eight feed mills in Vietnam. However, negotiations have fallen apart due … [Read more...] about ASF crisis strikes down CJ ambitions

E-government for 4.0 closer to reality (illustration photo) A few weeks ago Mai Tien Dung, Minister, Chairman of the Government Office, and Japanese Minister of Internal Affairs and Communications Masatoshi Ishida inked an MoU on developing e-government in Vietnam. Under the deal, both sides will share experience in compiling legal frameworks and policies for the scheme. Moreover, Japan will help train Vietnamese experts and managers of IT services in operating an information system for an e-government. Both nations will also organise conferences on e-government and training workshops. The Japanese side is also considering a non-refundable assistance sum for a technical package for e-government construction in Vietnam. E-government is considered an effective mechanism for increasing government productivity and efficiency, and is a key enabler of citizen-centric services. Hunt for experience According to the Vietnamese Government Office, Japan is one of many nations that Vietnam is … [Read more...] about E-government for 4.0 closer to reality

Laparoscopy is performed in Thái Nguyên Iron and Steel Hospital in northern Thái Nguyên Province. Việt Nam looks forward to strengthening international co-operation for improved national healthcare services. — VNA/VNS Photo Hoàng Nguyên Viet Nam News HÀ NỘI — The Ministry of Health has agreed to further co-operation with the Global Tuberculosis (TB) Programme by the World Health Organisation (WHO) and signed other agreements at the 71st World Health Assembly, which runs from May 21 to 26 in Geneva (Switzerland), Vietnam News Agency reported. In a meeting with representatives of Ministry of Health and Welfare of South Korea, Lê Quang Cường, Vice Minister of Health, urged further co-operation between the two, which would be brought to the table when the South Korean Minister of Health and Welfare visits Việt Nam. Both sides also pointed out the need of accelerate the process of authorising practising … [Read more...] about Việt Nam pushes international medical co-operation

A representative from the Ministry of Agriculture and Rural Development received licence to export mangoes to the US. — VNS Photo Tố Như Viet Nam News HÀ NỘI — After 10 years of negotiations, Vietnamese mangoes were licensed for export to the US on Feb 18. Speaking at a ceremony to announce the licence held in Hà Nội on the same day, deputy minister of Agriculture and Rural Development Lê Quốc Doanh said US imports of mangoes from Việt Nam have shown effective co-operation between the two countries in the agricultural sector. “Mangoes are a strong fruit of Việt Nam. The approval from the US for the imports has been good news for the agricultural industry and mango farmers in Việt Nam as well as affirming Vietnamese fruits’ position,” Doanh said. He added that imports would also bring opportunities for Vietnamese fruits as the US is a demanding market with strict regulations on quality … [Read more...] about Vietnamese mangoes to be exported to US

With the current rate, the city will possibly complete its plan of $5.2 billion of overseas remittances this year, an increase of $200 million over the previous year. Remittances were transferred mostly from the US, Australia, South Korea and Japan. According to BIDV’s macroeconomic report for the first 11 months of this year, Vietnam will receive $16.7 billion of remittances this year. Remaining in the group of largest remittances recipients has helped the US dollar exchange rate against the Vietnamese dong to stay stable from the beginning of this year, trade surplus to hit $9.1 billion in the first 11 months of this year and FDI capital attraction to post good growth with disbursed capital of $17.62 billion. In addition, the fact that the US Federal Reserves reduced its benchmark interest rate for three times this year and is expected to cut it further in the future is also the factor that impacts positively on the US dollar exchange rate and remittances to Vietnam. By Nhung … [Read more...] about Overseas remittances to HCMC exceed US$4 billion