Vietnam has focused in recent years on developing infrastructure and logistics services to facilitate export and draw investment. Recently, Margrethe Maersk, one of the world’s largest container ships, successfully docked at the Cai Mep International Terminal (CMIT) in the southern province of Ba Ria-Vung Tau. In the past, such large ships often chose other terminals in the region, the Port of Singapore for example, but nowadays Vietnam has become their port of choice, reflecting the positive signals of Vietnam’s exports that promote demand for marine transportation. Vietnamese goods can now be shipped directly to buyers, saving time and enhancing Vietnam’s competitiveness as an exporter. … [Read more...] about Vietnam optimistic about growth in first half of 2021
Affective economies
VIETNAM BUSINESS NEWS JANUARY 16
Speaking at the inauguration of the plant, Chairman of An Giang province People’s Committee Nguyen Thanh Binh highly valued the group’s efforts for the past years as the group’s solar power plant in the border province Tinh Bien has helped to change the rural district’s face. Moreover, the group has contributed greatly to the province’s budget and offered more employment to locals in the countryside. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16
New economic priorities for a new year
“I have heard some difficulties of South Korean companies in applying for licenses in Vietnam. Under COVID-19, the government has implemented various favourable policies to support companies to overcome the pandemic’s economic situation,” said KorCham chairman Kim Han Yong. “However, licensing for some large South Korean projects in Hanoi and Ho Chi Minh City have been delayed due to lack of clear legal instructions and this caused many difficulties. So we sincerely hope the government will understand this situation, and clarify guidance of regulations to local authorities.” … [Read more...] about New economic priorities for a new year
Food streets improve vendors’ incomes, tidy up neighbourhoods
Considering all the benefits that the model offers in helping locals escape poverty, ensuring food safety, and maintaining clean and tidy urban landscapes, it is crucial for HCM City to replicate the model on a larger scale. VNS … [Read more...] about Food streets improve vendors’ incomes, tidy up neighbourhoods
Mekong Delta farmers urged to link up with global value chains
The city not only has built and formed typical branded fruit products and concentrated production areas with an area of 7,984 hectares, but also encouraged producers to associate with distributors, processors and consumers in order to form safe food supply chains. So far, Can Tho has 59 chains with 295 confirmed products, with all growers having inked contracts with distributors and retailers to promote product consumption in the domestic and export markets. … [Read more...] about Mekong Delta farmers urged to link up with global value chains