Le Thanh Tam, Director of the municipal Department of Planning and Investment, said the growth rate is the second highest among the five centrally-run cities in the country. Specifically, the agro-forestry-fishery sector expanded by 3.28%, industry-construction 11.8% and services 7.62%, contributing 0.4%, 3.56% and 3.95% to the overall growth rate, respectively. The Index of Industrial Production picked up 12.86% year-on-year, while the export turnover of goods and services top 1.1 billion USD, up 15.16%. Total revenues from retails and services were estimated at 55.5 trillion VND (2.39 billion USD), an increase of 21.09%. However, the low disbursement of public investment has affected the growth of some sectors, such as construction with a growth rate of 4.88%. The director said the planning and investment sector will work closely with other sectors to implement tasks to promote economic recovery and development in the remaining months of the year. He said if set plans and … [Read more...] about Can Tho posts three-year high economic growth
Which polymerization technique will give the high purity of products
HCMC pledges to facilitate enterprises to increase value in SHTP
Mr. Phan Van Mai, Chairman of the HCMC People's Committee (R) talks with investors. (Photo: SGGP) At the conference, Mr. Phan Van Mai, Chairman of the HCMC People's Committee, said that the city wants to listen to the opinions of investors, including their proposals, for authorities to prepare the legal frameworks, orientations, and conditions for enterprises to develop in the future. “Besides attracting new investments, we also need to restructure existing ones. The city is responsible for creating the space, legal framework, and conditions to support enterprises to increase the value of projects," Mr. Phan Van Mai emphasized. Since its establishment in 2002, SHTP Management Board has granted investment registration certificates to 163 projects, with a total investment capital of over US$12 billion. Of which, FDI capital is over $10.1 billion, and domestic capital is over $1.96 billion. The accumulated total value of high-tech production of the SHTP is estimated at $120.307 … [Read more...] about HCMC pledges to facilitate enterprises to increase value in SHTP
Partnering with local farmers key strategy of French firm in Vietnam
On June 17 Andros Asia hosted a partnership conference in Tien Giang Province, an event that aimed to promote the development of a sustainable fruit network by the company, local farmers and authorities and fruit suppliers. At the conference, farmers and suppliers were provided with knowledge of Andros Asia's processes from selecting fruits and processing them into premium products that are to be exported to demanding markets such as the U.S., EU and Japan. The partnership conference also marked Andros Asia's fifth anniversary in Vietnam and the grand opening of the Go Cong cold storage. Local farmers in talks with Andros Asia for potential cooperation at the partnership conference in Tien Giang Province. Photo by Andros Asia Experts from Andros Asia also shared with local farmers the development itinerary for raw material regions, including planning agri-engineering, obtaining the Global G.A.P certificate, enhancing fruit output, and collaborating with local … [Read more...] about Partnering with local farmers key strategy of French firm in Vietnam
EU supporting comprehensive implementation of the EVFTA
Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA
☀️ Morning digest on June 27
Hanoi, (VNA) - The following is a list of selected news summaries last weekend by Vietnam News Agency. -National Assembly Chairman Vuong Dinh Hue and a high-level delegation of the Vietnamese legislature arrived at Liszt Ferenc airport in Budapest, the capital of Hungary, in the afternoon June 25 (local time), beginning an official visit at the invitation of the Speaker of the National Assembly of Hungary, László Kövér. Read full story The NA Chairman then visited Albertirsa city, where he was welcomed by Deputy Speaker of the Hungarian parliament István Jakab and city officials. At Hue’s meeting with the deputy speaker of the Hungarian parliament, the two parliament leaders agreed that the two sides should focus on cooperation in agriculture, especially when Hungary has strengths in supply chains from cultivation, processing to marketing and distribution. Read full story -National Assembly Chairman Vuong Dinh Hue will lead a high-ranking delegation of the National … [Read more...] about ☀️ Morning digest on June 27
NA Chairman meets Vietnamese enterpreneurs, people living in Hungary
National Assembly Chairman Vuong Dinh Hue (ninth from right) meets representatives from the Vietnamese entrepreneur community in Europe (Photo: VNA) Budapest (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue met representatives from the Vietnamese entrepreneur community in Europe in Budapest on June 26 evening (local time), as part of his official visit to Hungary . Hoang Manh Hue, President of the Union of Vietnamese Business Associations in Europe, said that the community has made great strides in recent years, with encouraging successes, and become an effective bridge between the Vietnamese and European markets. They not only import a lot of commodities from Vietnam into the European market and the supply chain of businesses in the host countries, but also have been very successful in building a stable and efficient business model in accordance with the host countries’ laws, he added. NA Chairman Hue said that Vietnamese enterprises in Europe play an important … [Read more...] about NA Chairman meets Vietnamese enterpreneurs, people living in Hungary
Wink Hotels holds ambition to create a revolution in the hotel industry
A view of the first Wink Hotel in HCM City. The developer will complete its goal of building 20 Wink hotels across the country within the next 5-7 years. — Photo courtesy of the firm Despite the negative impact of the COVID-19 pandemic that paralysed the tourism industry, project developer Indochina Kajima persisted in its goal of building 20 Wink Hotels across the country. Michael Piro, CEO of Wink Hotels, said that after the first Wink hotel with 237 rooms opened in HCM City early last year, the second hotel is expected to open in November this year in the central Da Nang City with 243 rooms. There will be another Wink hotel expected to welcome visitors next summer in this coastal city. In Ha Noi, two hotels will be built on Thuy Khue and Pham Hung streets as well as others in Phu Yen, Can Tho and Hai Phong. Piro said that at the current rate of development, Indochina Kajima would complete its goal of building 20 Wink hotels across the country within the next 5-7 years, … [Read more...] about Wink Hotels holds ambition to create a revolution in the hotel industry