Vietnam bank for agriculture and rural development

At the event (Photo: VNA) Hanoi (VNA) – Collaboration opportunities between Vietnam and Laos remain huge for bringing mutual benefits to their farmers, said Minister of Agriculture and Rural Development Le Minh Hoa n at his talks with Lao Minister of Agriculture and Forestry Phet Phomphiphak on December 6 regarding bilateral engagements in agro-forestry and rural development. As heard at the function, in May 2017, the two ministries signed a pact on cooperation in agro-forestry-fishery and rural development. The sides have regularly exchanged high-level delegations, experts and technicians to enhance join works and experience sharing in agro-forerstry, irrigation and food safety, and in forming investment partnerships. In animal husbandry and veterinary medicine, the two sides have shared information regarding animal diseases, disease control measures, and monitoring of the transport of animals and animal products between the two countries. They signed a Memorandum of …

[Read more...] about Vietnam, Laos see opportunities for agro-forestry cooperation: Minister

Vietnam needs to carry out practical measures to manage and reduce marine plastic waste to ensure sustainable development of the fishery industry, according to experts at a workshop held in Hanoi on Wednesday. Fishing vessels in Ninh Hai District in central coastal province of Ninh Thuan. VNA/VNS Photo “Given the resources depletion and impacts of climate change, it is important to develop the circular economy to ensure sustainable development,” said Nguyen Thanh Tung, head of Vietnam’s Institute of Fisheries Economics and Planning. He added that Vietnam needs to manage and recycle plastic waste and that measures to tackle the plastic waste issues require the Government, local authorities, social and international organisations and stakeholders and individuals all working together. The workshop was held by the Vietnam’s Institute of Fisheries Economics and Planning and the UNDP Vietnam, aiming to share and exchange information on the current status of plastic waste …

[Read more...] about Marine plastic waste an urgent issue in coastal Vietnam

Eleven-month agro-forestry-fishery exports reach a new peak despite the ongoing pandemic. The annual target of US$44 billion is within reach. — Photo news.chinhphu.vn There is one month to go before year-end but eleven-month agro-forestry-fishery exports have almost hit the annual target for 2021, reaching nearly US$43.5 billion, an all-time high that far exceeds 2020. Exports in November alone reaching $4.2 billion is a sign of the agro-forestry-fishery recovery after the lockdown, representing a year-on-year increase of 8.9 per cent. Such positive results mean the annual target of $44 billion for 2021 is feasible. Specifically, exports of main agricultural products were estimated at over $19.3 billion, rising 13.7 per cent compared to the previous year; main forestry products at around $14.3 billion, rising 20.9 per cent; fishery products at over $7.9 billion, rising 3.5 per cent; livestock production at $393 million, rising 4 per cent; and production input at more than $1.5 …

[Read more...] about Agricultural, forestry and fishery exports reach new high amid pandemic

Though the average PM2.5 concentration improved slightly in 2020, all provinces and cities in Vietnam still had much higher levels than the WHO’s recommendation, according to data revealed at a workshop held virtually on Tuesday. A street in Hanoi. The capital city recorded a PM2.5 level at 29 µg/m³, much higher than the WHO's guideline of 5 μg/m³. — VNA/VNS Photo In 2020, the areas with high PM2.5 concentration were mainly in the Red River Delta, the north central region and the southeast region, according to the findings from a report on the state of PM2.5 in Vietnam during the 2019-20 period. The report is based on multisource data and is conducted by the University of Engineering and Technology under the Vietnam National University in Hanoi ̣(VNU-UET) and Live & Learn for Environment and Community. “The improved air pollution nationwide in 2020 was due in part to the social distancing due to the COVID-19 pandemic,” said Associate Professor and Doctor Nguyen …

[Read more...] about PM2.5 pollution still problematic across Vietnam

The Netherlands is currently Vietnam's biggest importer in the EU. Vietnam expected that the Netherlands will support it in connecting ports and industrial zones with Europe, helping to increase Vietnam’s exports to these markets, according to a phone talk between the two governments’ heads on December 6. Vietnamese Prime Minister Pham Minh Chinh at the phone talk with Dutch PM Mark Rutte on Dec 6. Photo: VNA The Netherlands, which has a world-class logistics network, works as Vietnam’s biggest import market in the European Union (EU) and an entrepot to ship Vietnamese goods to Europe, Chinh told Dutch Prime Mark Rutte. To promote bilateral trade, Chinh expected the Dutch parliament to soon ratify the EU-Vietnam Investment Protection Agreement (EVIPA). The phone talk also covered logistics and ports, climate adaptation, circular economy, and sustainable agriculture, and cooperation in the Indo-Pacific region. For his part, Mark Rutte highly appreciated …

[Read more...] about Vietnam expects Netherlands support in connecting with Europe

Thanh Ngoc, the owner of a grocery store, was seen comparing the prices of thousands of products with a smartphone. Just after a touch on the screen, a truck carrying goods worth tens of millions of dong arrived after some minutes. Ngoc has been running a grocery in Bien Hoa City of Dong Nai province for many years. Previously, she met wholesalers every weekend to buy goods but now stays at home and places orders. All the products she needs, from toothpaste to shampoo to drinks, are delivered to the door. “Now I can manage a shopping list with hundreds of items worth tens of millions of dong. I can analyze the purchases of local people in different periods to determine how many products I need for retail and adjust business plans,” she said. The other two grocery stores in the same area have also been digitized. The digitization allows them to get hundreds of products from suppliers in one order within a day. The tendency of going online is growing throughout the country. …

[Read more...] about Rural groceries change business strategy as they compete with foreign supermarkets

Issues at Nhon-Hanoi Station metro line to be discussed at upcoming meeting The Ministry of Planning and Investment has requested a meeting with the government task force to discuss solutions to improve the progress of the Nhon-Hanoi Station metro line. The proposal was made as the main contractor Hyundai E&C-Ghella, asked the investor Hanoi Metropolitan Railway Management Board (MRB) to issue a compensation of $114 million for delays in land clearance. Besides, there is a problem over differences between the terms of the FIDIC contract and Vietnamese laws. The Ministry proposed the task force to assign the Ministry of Construction to work with relevant parties to deal with this problem. The project has completed 74 per cent of construction, with the underground section only 32.2 per cent completed. The construction includes 10 bidding packages, however, eight were forced to be extended. As of October, VND15.96 trillion ($693.9 million) had been disbursed for the project, …

[Read more...] about VIETNAM BUSINESS NEWS DECEMBER 6

Head of the Central Economic Committee Tran Tuan Anh gives a speech at the Industry 4.0 Summit in Ha Noi on Monday. — VGP Photo Facing the upheavals of the fourth industrial revolution, Viet Nam needs innovation in technology and investment to ensure continued socio-economic development. Experts discussed these issues, and economic recovery in a post-pandemic world, at the Industry 4.0 Summit, held on Monday in Ha Noi. Technological limitations, overreliance on external factors, a lack of focus on supply chain and poor productivity were detrimental to Viet Nam's socio-economic development, said head of the Central Economic Committee Tran Tuan Anh at the forum. The Southeast Asian economy has made significant progress in recent decades by maintaining an average 6.6 per cent GDP growth in 2000-19. Viet Nam ranked 67 out of 142, moving up 10 places in 2018 and 2019 in the Global Competitiveness Index, while moving up 16 places from 58th to 42nd in the United Nations Industrial …

[Read more...] about Technology key to national socio-economic development: summit

Although GRDP growth came at a record low of 3.72% in the first quarter, such growth remains the highest among cities globally with similar size and under impacts of Covid-19. Hanoi would strive to minimize negative impacts caused by the Covid-19 pandemic and sets sight on an economic growth rate at 1.3 percentage points higher than the national average, according to Secretary of the city Party Committee Vuong Dinh Hue. Secretary of Hanoi Party Committee Vuong Dinh Hue at the conference. Although its GRDP growth came at a record low of 3.72% in the first quarter (Q1), such growth remains the highest among cities globally with similar size and under impacts of Covid-19, said Hue at a national online conference on April 10. In a positive note, Hanoi’s tax revenue during the period climbed 9% year-on-year to VND72.6 trillion (US$3.11 billion), equivalent to 26% of the year’s estimate, Hue added. As part of measures to aid economic growth, Hue said the city …

[Read more...] about Hanoi targets economic growth 1.3 ppts above national average

The move, as the prime minister said, is in line with the Government's vision of putting the people at the center and as the ultimate goal in the development process. The Government considers digital citizens a core component in the push towards digital- society and economy, in turn ensuring the country's sustainable growth in a digital age. Prime Minister Pham Minh Chinh stressed the view at the Industry 4.0 Summit held today [December 6], discussing solutions for Vietnam’s sustainable socio-economic development in the post-pandemic period. Prime Minister Pham Minh Chinh. Source: VNA The move, as the prime minister said, is in line with the Government's vision of putting the people at the center and as the ultimate goal in the development process. According to Chinh, the pandemic has left severe consequences on the global economy, including Vietnam. After nearly two years, Vietnam has now gradually put Covid-19 under control and proceeded to a safe …

[Read more...] about Digital citizens stay core in push for digital society: PM