What is the environmental protection agency responsible for

As 2020 is coming to end, how do you evaluate the development of businesses that received recognition during the Vietnam Value Programme? Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade After 17 years of running the programme with seven times choosing national brands, we have witnessed the continuous growth of many domestic enterprises. At the first selection in 2008, we saw only 30 chosen companies with their products. By 2018, this number had grown to 97, and this year we have recorded 124 enterprises and their brands. However, the growth of the business community has not only happened in the number of participating businesses, but also export turnover, sales, and their contribution to the state budget, as well as their efforts in social responsibility and job creation. For example, firms recognised as national brands in 2018 reached a revenue of about VND907 trillion ($39.4 billion), with their export turnover amounting to VND130 trillion ($5.6 billion), contributing VND85 trillion ($3.7 billion) to the state budget and creating 340,000 jobs. Meanwhile, in this year, these numbers have climbed to VND975 trillion ($42.4 billion) and VND123 trillion ($5.34 billion) in 2020, respectively, with contributions to the state budget amounting to VND197 trillion ($8.5 billion) and 350,000 new jobs created – all this despite the pandemic. What are the main differences between the 2020 programme and previous years’ iterations? This year has been a special one as most of the businesses were affected by the health crisis, even making it difficult for the organisers of the Vietnam Value Programme to obtain applications, organise conferences, and disseminate information. Facing these circumstances, the Ministry of Industry and Trade (MoIT) responded quickly and directed our Trade Promotion Agency (VIETRADE) to coordinate with relevant ministries and localities to implement online procedures for the …

[Read more...] about Initiative’s success helped by quick response to pandemic

On Hon Tre island, Kien Hai district, Kien Giang province (Photo: VNA) hập mô tả cho ảnh Kien Giang (VNA) - The Mekong Delta province of Kien Giang aims to have all of its 116 communes fulfil the criteria in the national target programme on building new-style rural areas in the 2021-25 period, with funding estimated at some 17.4 trillion VND (751.47 million USD). In 2021 alone, nine communes strive to win recognition, while the districts of Vinh Thuan and Kien Luong as well as Ha Tien city are to accomplish the task of building new-style rural areas. Local authorities also strive to fulfil targets on the rate of households with access to clean water of 99 percent and health insurance coverage of over 90 percent, and the reduction of the multidimensional poverty household rate of 1 percent while creating 35,000 jobs. The province will bolster the transfer and application of modern technologies in agricultural production and consider models for large-scale agricultural production, supply chains, environmental protection, climate change adaptation, and agricultural cooperatives. Due regard will be paid to the “ One Commune , One Product” (OCOP) programme, as Kien Giang aims to have up to 50 products of at least three-stars. Some 64 billion VND will be allocated for the implementation of the programme. In the centre of Rach Gia city, Kien Giang province (Photo: VNA) Kien Giang earmarked over 732 billion VND last year for building new-style rural areas , in particular infrastructure investment. More than 6,365 km of rural roads were cemented and irrigation networks improved. The rate of poor households came down to 1.69 percent. As of the end of January 2021, 81 communes in Kien Giang had been recognised as new-style rural areas. Eleven districts and cities had half of their localities complete necessary tasks./. VNA …

[Read more...] about Kien Giang sets aside over 750 million USD for building new-style rural areas

A production line at the The Ky Yarn Joint Stock Company (Photo: VNA) HCM City (VNS/VNA) - The textile and apparel industry , which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Vietnam National Textile and Garment Group . Le Tien Truong, its general director, said demand for face masks and personal protective equipment will shrink rapidly. Armed with their experience of coping with the pandemic, many textile and footwear enterprises are quietly confident of altering plans when required and finding new markets to cope with new situation after COVID-19 is under control. Sportswear has arguably been the most successful segment during the pandemic as awareness of physical exercise rose. According to Euromonitor International, in 2020 the demand for sportswear world-wide decreased only about 8 percent, the lowest in an industry which saw an overall decline of 16 percent. The compounded annual growth rate for the sportswear market in the last five years was 6.5 percent, 1.5 times the industry average, and it is expected to be worth 479 billion USD globally by 2025. The Thanh Cong Textile Garment Investment Trading JSC is considered one of the most successful businesses in 2020 thanks to seizing opportunities to export COVID-19 related apparel products such as fabric masks and PPE. But Tran Nhu Tung, its deputy general director, said the demand for cloth masks and protective gear is returning to pre-COVID levels with the advent of vaccines. This year his company has stopped taking orders for medical protective gear and antibacterial masks. It is focusing on traditional products such as T-shirts and sportswear, demand for which would continue to increase, and there are already enough orders for sportswear for the first 6 months of the year, he said. According to the Vietnam Textile and Apparel Association, …

[Read more...] about Vietnamese textile industry sees huge export opportunities