The country stands to benefit from the trade and technology tensions between the United States and China, which are expected to continue under the new U.S. administration. Significant supply-chain relocation is already underway as a result of the U.S.-China trade war. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
Vietnam southern food corporation
Total of 205 traders allowed to export rice
Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Agency of Foreign Trade. Per the list, the Mekong Delta City of Can Tho saw the highest number of licensed rice exporters at 43. Ho Chi Minh City ranked second with 38 eligible rice exporters, followed by the southern provinces of Long An, An Giang and Dong Thap at 25, 20 and 18, respectively. Other localities with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with seven, and Kien Giang and Vinh Long at six. Meanwhile, other localities had only one permitted rice exporter, such as Dak Nong, Tra Vinh, Tay Ninh, Binh Dinh, Binh Duong, Ha Tinh, Nam Dinh and Ninh Binh. Despite a modest decline of 3.5 percent in export volume to 6.15 million tonnes mainly due to the Government's efforts to ensure national food … [Read more...] about Total of 205 traders allowed to export rice
HCM City offers cultural activities for Tết
A traditional music festival titled Nhạc Hội Đờn Ca Tài Tử Nam Bộ (South Folk Music Festival) will take place in front of the city’s Opera House on Đồng Khởi Street, District 1, on January 30. … [Read more...] about HCM City offers cultural activities for Tết
Vietnamese firms thrive despite divestment of foreign shareholders
Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest. Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014. The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders
SCG builds outdoor community gym in Quang Binh
Early this year, SCG Cement Building Materials Co., Ltd. has sponsored 400 tonnes of cement for the Youth Union in Quang Binh to build 45 playgrounds across the province. Amongst which, the SCG Outdoor Gym model in Nam Ly ward is the first gym concept that SCG has picked to develop at the ward’s cultural house. The design had been released to the residential community for feedback, and the construction was carried out by local volunteers. … [Read more...] about SCG builds outdoor community gym in Quang Binh