Agricultural produce

The Gia Lai Department for External Relations and the Japan - Vietnam Exchange Centre sign a cooperation deal at the workshop on May 22. (Photo: VNA) Gia Lai (VNA) – The Central Highlands province of Gia Lai held a workshop on May 22 to introduce its potential and seek chances for investment cooperation with Japan in agriculture, processing, renewable energy, and tourism. Ho Phuoc Thanh, Vice Chairman of the provincial People’s Committee, said Gia Lai is inviting investment to hi-tech agriculture, agricultural services, intensive processing, renewable energy, and tourism, which are among the pillars identified in its socio-economic development strategy for 2021 - 2030. Although most of local enterprises are of small or medium size, many are turning out products meeting European standards such as the Vinh Hiep Co. Ltd and the Dong Giao Foodstuff Export JSC, which were also the first of Vietnam to export to Europe under the EU - Vietnam Free Trade Agreement (EVFTA), he … [Read more...] about Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

Vietnam posted growth in both rubber export volume and value in the first four months of this year Southern Rubber JSC is set to reach $215.3 million in revenue, up 2 per cent on-year, and $4.39 million in pretax profit, equal to an 83 per cent jump on-year. Similarly, Phuoc Hoa Rubber JSC (PHR) aims to rake in $97.9 million in revenue and $39 million in pretax profit, up 29 per cent and 58 per cent on-year, respectively. Bao Viet Securities JSC assessed that Danang Rubber JSC (DRC) could post a 15 per cent hike in its pretax profit this year. Analysts assumed that in the forthcoming time, Vietnam’s rubber export would cash in on a spike in crude oil price, dwindling supply, plus burgeoning demands in major markets, in which China remains Vietnam’s largest rubber export market. VNDirect Securities JSC estimated that this year, PHR could eye a 156.2 per cent jump in its net profit compared to 2021 thanks to the one-off payment amounting to $39 million from land … [Read more...] about Rubber producers aspire rosy profit picture in 2022

Shrimp-rice fields grown to organic standards in Bac Lieu Province. — VNA/VNS Bac Lieu (VNS/VNA) - The Mekong Delta province of Bac Lieu is expanding the use of organic fertilisers in rice cultivation to improve farmer’s incomes and protect the environment. In the last winter-spring rice crop, Phuoc Long district’s Bureau of Agriculture and Rural Development launched a pilot programme for increasing the use of organic fertilisers and reducing the use of chemicals on a total area of 110ha, with 60 farmers involved. Pham Van Cau, one of the farmers, said: “The prices of inputs, especially fertilisers, have shot up, and so the use of organic fertilisers helps farmers reduce costs while rice plants still have high yields and quality.” He grew 2ha of Dai Thom 8, a speciality rice variety, and got nearly 10 tonnes per hectare, and earned more than 300 million VND (13,000 USD), he said. Organic fertilisers cost less than chemical fertilisers, and farmers in fact can … [Read more...] about Bac Lieu expands growing rice to organic standards

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the UK, the European Union (EU) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realise the commitments, … [Read more...] about Deputy PM busy on threshold of WEF meeting

Deputy Prime Minister Le Van Thanh speaks at  the third session of the 15th National Assembly On the morning of May 23, at the opening session of the third session of the 15th National Assembly, Deputy Prime Minister Le Van Thanh delivered a report on an additional assessment of the results of the implementation of the socio-economic development plan and the state budget in 2021 and that in the first months of 2022. Regarding additional results in 2021, the Government stated that 5/12 targets failed to meet the set goal. For instance, the gross domestic product growth rate reached 2.58 percent compared to the target of about 6 percent. Plus, GDP per capita reached US$3,680 against the target of $3,700, the contribution of total factor productivity to growth is about 37 percent compared with the target of 45 percent-47 percent, and the percentage of poor households with a multidimensional approach decreased by 0.52 percentage points compared to the target of 1-1.5 percentage … [Read more...] about This year’s economic growth target of 6 percent-6.5 percent huge challenge

Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs