Agricultural commodity prices

ADB experts at the press conference (Photo: Vietnam+) Hanoi (VNA) - ADB experts forecast that Vietnam's economy could recover at 6.5 percent this year and grow stronger at 6.7 percent in 2023, due to high vaccination rates and the implementation of expansionary fiscal policies. On April 6, the Asian Development Bank (ADB) released the Asian Development Outlook Report (ADO 2022), which stated that the Vietnamese economy is ready for a strong recovery in the context of global economy instability. GDP reaches a high level ADB experts forecast that Vietnam's economy could recover at a rate of 6.5 percent this year and grow stronger at 6.7 percent in 2023 due to high vaccination rates, trade promotion and continued implementation of expansionary fiscal and monetary policies. Andrew Jeffries, ADB Country Director for Vietnam, said that high vaccination rates have allowed the Vietnamese Government to lift strict pandemic containment measures. The timely shift in pandemic … [Read more...] about Vietnam’s economy recovers strongly amid global instability: ADB

PM Pham Minh Chinh (front, second from right) and others visit an exhibition of scientific and technological models and products at the event (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh reaffirmed the importance of developing high-quality human resources for agriculture, while attending an innovation event and job fair of the Vietnam National University of Agriculture (VNUA) in Hanoi on August 17. The Government leader and others visited an exhibition of scientific and technological models and products by the VNUA’s businesses and partners. In his remarks, PM Chinh affirmed that agriculture is an advantage of Vietnam, and agricultural development is one of the essential tasks in the country’s socio-economic development strategy. Agriculture has always been a pillar of the economy helping stabilise people’s life, even amid the COVID-19 pandemic’s impacts on every social aspect for more than two years. Vietnam is one of the leading exporters of … [Read more...] about PM emphasises training of high-quality human resources for agriculture

Vincom shopping mall in Ha Noi. Vingroup (VIC) was the biggest contibutor to the VN-Index yesterday with a growth of 2.1 per cent. — VNS Photo Mai Huong Shares eked out a gain in HCM City but lost ground in the last trading minutes in Ha Noi amid rising investor caution at the high price range. On the Ho Chi Minh Stock Exchange, the VN-Index inched up 0.05 per cent to close yesterday at 1,275.28 points – its third rally session this week and fourth since last Friday. The market breadth was negative, however, with 191 stocks rising, 252 falling and 118 closing flat. Realty stocks backed the market as half the top 10 shares lifting the VN-Index were real estate firms. Vingroup (VIC) was the biggest contributor with a growth of 2.1 per cent, followed by No Va Land Investment Group (NVL), Phat Dat Real Estate Development (PDR) and Investment and Industrial Development Corp (BCM) with gains of between 1.7 per cent and 7 per cent. Beverage companies also performed well with the … [Read more...] about Shares eke out gains in HCM but investors watch out at high price range

The Government leader and others visited an exhibition of scientific and technological models and products by the VNUA’s businesses and partners. In his remarks, PM Chinh affirmed that agriculture is an advantage of Vietnam, and agricultural development is one of the essential tasks in the country’s socio-economic development strategy. Agriculture has always been a pillar of the economy helping stabilize people’s life, even amid the COVID-19 pandemic’s impacts on every social aspect for more than two years. Vietnam is one of the leading exporters of agro-forestry-fishery products in the world, with export value exceeding USD 48 billion in 2021, he noted. He highlighted the Party and State’s attention to developing high-quality human resources for agriculture, as well as startup and innovation. To a country that takes agriculture as its foundation, agricultural entrepreneurship must be based on three pillars: training to improve startup capabilities, creating a startup … [Read more...] about PM emphasizes training of high-quality human resources for agriculture

At the event (Photo: VNA) HCM City (VNA) – The 15th Saigon International Autotech & Accessories Show (Saigon Autotech & Accessories 2019) opened at the Saigon Exhibition and Convention Centre on May 23. More than 200 enterprises from China, Japan, Malaysia, the Republic of Korea, Thailand, the US, and Vietnam, among others, are displaying their latest products at the four-day event. The show is attended by leading autotech brands like Vietnam Motors and Agricultural Machinery Corporation (VEAM) who have brought their tank trucks and agricultural machines, as well as Tech Internation displaying tyre products, Power Centric showcasing smart batteries, and Palfinger Asia introducing its crane vehicle services. According to Phan The Anh, deputy head of the Ministry of Industry and Trade’s Agency for Southern Affairs, Vietnam has implemented a wide range of policies to back the development of the supporting industry. While the supporting industry for automobile and … [Read more...] about Saigon Autotech & Accessories show returns for 15th edition

With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam