Illustrative image (Photo: VNA) Dak Lak (VNA) - Vietnam aims to replant or transplant about 107,000ha of coffee in the 2021 – 2025 period, according to the Ministry of Agriculture and Rural Development (MARD). According to a project approved recently by the ministry, the productivity is expected to rise to 3.5 tonnes of coffee bean per ha, with an income 1.5-2 times higher than before, the ministry said. The combined area in the five Central Highland provinces is projected at around 91,000ha, with Lam Dong making the largest share (36,000ha), followed by Dak Lak (24,000ha), Dak Nong (18,000ha), Gia Lai (11,000ha) and Kon Tum (5,000ha). Other localities like Son La, Dien Bien, Quang Tri, Binh Phuoc, Dong Nai and Ba Ria-Vung Tau will together contribute 16,000ha. The ministry attention will be paid to stepping up scientific and technological application, as well as technological transfer , while building standardised irrigation systems. Harvesting coffee (Photo: VNA) … [Read more...] about Vietnam to replant 107,000ha of coffee by 2025
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Vietnam a regional FDI magnet say experts
According to Berly D. Alvarez, chairman of the Philippines’s Kaunlad Lending Investors Corporation and a speaker at the 2018 Horasis Asia Meeting held recently in Binh Duong province, Vietnam’s ability to attract FDI is due to its consistent economic reform, a young and increasingly urbanized population, affordable labor, constant improvements to its business climate, and political stability. The fact that it hosted the 2017 APEC meetings highlights its regional economic integration and steadily improving business climate, he added. Vietnam has been attracting investment in infrastructure, including power projects, road and rail construction and renewable energy. Don Lam, CEO of VinaCapital, said Vietnam’s economy remains strong with 6.6 percent growth targeted next year, inflation remaining under control and manufacturing expanding. “More foreign investment is expected to flow into Vietnam in the coming time.” Pakpoom Vallisuta, chairman of The Quant Group Corporation, a … [Read more...] about Vietnam a regional FDI magnet say experts
Shares to return to downtrend amid low liquidity
Workers at a data centre of ICT group CMC Corporation (CMG) in Ha Noi. CMG rose 6.9 per cent last week. — Photo CMG Shares are forecast to return to the downtrend this week as market sentiment stays weak amid low liquidity and a lack of stability for long-term recovery. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased by 0.11 per cent, to end at 1,198.90 points. An average of 544 million shares were traded on the southern exchange during each session last week, worth VND12.3 trillion (US$527.6 million). In the second quarter of 2022, the average trading value of shares reached more than VND17.1 trillion each session on HoSE with the average trading volume reaching more than 589.15 million shares, corresponding to a decrease of 20.02 per cent in value and 18.33 per cent in volume over the same period in 2021. “Cash flow, in general, is still cautious, and the weakening signal at the resistance zone of 1,200 – 1,220 points is still putting great pressure on … [Read more...] about Shares to return to downtrend amid low liquidity
Preparations for whole military politico-military conference reviewed
The event was attended by Deputy Chief of the General Department of Political Affairs Lieutenant General Trinh Van Quyet, Deputy Chief of the General Staff Lieutenant General Nguyen Trong Binh and leaders of agencies and units under the Ministry of National Defense. At the event, delegates watched videos briefing the military’s implementation of military and defense missions in the first half of this year and introducing new scientific and technological products developed by units in the whole military over the past time. Both videos were jointly made by the Office of the Ministry of National Defense, the Department of Military Science, and the Military Broadcasting Center. Speaking at the conference, Senior Lieutenant General Nguyen Tan Cuong praised relevant agencies for their coordination in making the videos. The chief of the General Staff asked relevant agencies to collect delegates’ opinions to complete the videos. He urged the agencies to add more photos of troops’ … [Read more...] about Preparations for whole military politico-military conference reviewed