Kenneth Chan, senior director of Market Development at Renze Textile JSC, under Texhong Group, has unveiled a new process to monitor origin-tracing. A tracing system is slated to be put into operation in August for the subsidiaries of Texhong Group, after Chan informed the Vietnam Textile and Apparel Association and the American Cotton Association (CCI) at a meeting earlier in June. This US has made major decisions on cotton origin-tracing that affects Vietnam and beyond, Duc Thanh Renze, one of eight Texhong member companies, is using American cotton for its products to ensure product quality and comply with strict requirements for export to the United States and EU. From March, customers were able to access the Texhong cotton tracing system to trace the details of their orders. Chan noted that Renze is focusing on sustainability and transparency. He also informed the company’s partners about key development trends as well as viable solutions for Vietnamese suppliers to … [Read more...] about US ratchets up origin-tracing on cotton materials
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What’s on August 8-14/2022
MUSIC & PERFORMANCES HCMC-Carnival of the Animals ______________________________________________________________ EXHIBITION HCMC-Exhibition “Dancing Through Dreamscape” Until Aug 14, 10 am – 08 pm VY Gallery, 20 Nguyen Van Thu, District 1 Hanoi-Exhibition “Movement” Opening: Aug 10, 06 pm Exhibition: Aug 10 – 30, 09 am – 12 pm & 01:30 pm – 05 pm VICAS Art Studio, 32 Hao Nam Street, Dong Da District From the organizer : Movement by Mzung Nguyen is a solo exhibition, a visual essay reflecting the transition of urban life through a mixed discipline of collage-art practices. In terms of materials, this project collects and reuses hundreds of old magazines, which have been published during the past decade. Mzung Nguyen finds motivation in tracking the shifts in time and space, the replacement of old and new values, the cultural disparity between tradition and … [Read more...] about What’s on August 8-14/2022
New foreign capital stutters despite overall deal boost
At a meeting with the leader of the southern province of Binh Duong last week, chairman of Sharp Corporation Yoshihiro Hashimoto revealed an expansion plan in the locality. Investors already with factories in the country are demonstrating that they trust the business climate here, Photo: Le Toan Sharp Group is exploring opportunities in the southern provinces of Vietnam, including Binh Duong, to move the supply chain away from the Chinese market, promoting market diversification and distribution, according to Hashimoto. “In the coming time, Sharp will continue to expand and build one more large-scale factory, oriented to develop high-tech and advanced products,” he said. Binh Duong is assessed as a locality with an attractive investment environment, in line with Sharp’s criteria. The group has two production factories located in Vietnam, at Singapore Industrial Park (VSIP) I and an extended VSIP II. Sharp hopes to be supported in construction land, labour, and … [Read more...] about New foreign capital stutters despite overall deal boost
[Quintessence of Hanoi’s cuisine] Quintessence of Vietnamese cuisine: Hanoi spring rolls
Hanoi’s typical dishes with many variants always cause nostalgia for children who live far from their homeland. As famous as pho (rice noodles soup with beef), spring rolls are also a dish imbued with the “Vietnamese national spirit”: if you see spring rolls somewhere, people from the S-shaped country must be around the corner. A familiar food on a Bangui Street The typical Hanoi's dishes are prepared by Helen Green, a housewife who lives in Ho Chi Minh City The fateful meeting happened when the soldiers realized that a dish they ate on the street was so similar to the Vietnamese fried spring rolls. They weren’t wrong: it was real fried spring rolls, made by an old woman who came from Hoan Kiem District, Hanoi.Many years back in time, Vietnamese soldiers in the United Nations’ Peacekeeping Mission in the Central African Republic happened to meet an old woman, she was the only one from Vietnam to live in the capital, Bangui. Seventy years before, she … [Read more...] about [Quintessence of Hanoi’s cuisine] Quintessence of Vietnamese cuisine: Hanoi spring rolls
National master planning needs changes in development thinking for breakthrough
Until now, only seven out of 111 planning documents have been approved, including those on national land use and only 4 national industry planning pieces in the transportation field. It is obviously illogical since land is a valuable national resource and should be allocated to best promote the national competitiveness as well as the regional geographic advantages after identifying specific regional industry planning. He took the planning of Lien Chieu Port in Da Nang City as an illustration. It is too hard to transform this port into an international-scaled one no matter how much the local authorities wish for it to come true. Meanwhile, Chan May Port on the other side of Hai Van Pass is a more suitable place for this purpose. Considering the regional competitive advantage, it would be much better to invest in turning the latter port into an international one and building a railway to connect it to neighboring areas. As to the vision until 2050 of the newly released national … [Read more...] about National master planning needs changes in development thinking for breakthrough
Demand for cotton forces adjustments
Thanh Cong Textile Garment Investment Trading JSC exported over one-third of its products to the United States in 2021. However, the company started to face challenges following the US’ blanket ban on all Xinjiang cotton. Last year, President Joe Biden signed into law the Uyghur Forced Labor Prevention Act. Vietnam’s cotton imports reach up to one million tonnes each year, Photo: Shutterstock Tran Nhu Tung, chairman of the company, said that the company has adopted regulations this year related to this act. Accordingly, buyers have to be responsible for export orders to the US which source Chinese cotton materials. Thanh Cong secures many large orders from the US. In 2022, the company sets a target to generate $179 million in revenues and $10.87 million in profit, up 120 per cent and 188 per cent respectively against last year. Tung noted that yarn exports are the main driving force for Thanh Cong. “There is a rapidly growing demand for yarn imports in the global … [Read more...] about Demand for cotton forces adjustments
Needy people and students in Lao Cai receive support
In particular, on July 2, the delegation handed over two gratitude houses, 15 bikes and 15 gifts to students with adversity in life of Bao Yen district, which houses 13 ethnic minority groups with over 85,000 people. Addressing the event, Senior Colonel Ngo Anh Thu, Deputy Editor-in-Chief of the People’s Army Newspaper and Vice Chairman of the club, said that the gifts were small in value, but showing deep sentiments of the club’s members and participating businesses for local people. On behalf of the local people, Chairman of the People’s Committee of Bao Yen district To Ngoc Lien thanked the delegation for their meaningful support which served as a source of encouragement for local disadvantaged households to rise in life. Touchingly receiving the bike, Ban Thanh Binh, an eighth grader of Tan Tien Boarding Secondary School, promised to study hard to deserve the gift. On July 3, in Bat Xat district, the delegation presented gratitude houses to two poor households in Y Ty and A … [Read more...] about Needy people and students in Lao Cai receive support