Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up
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Hanoi strives to become creative city in region
Hanoi (VNA) – The capital city of Hanoi is striving to become a green, modern and smart city that is able to be competitive in Asia and the world by 2030. Creative capital Hanoi was designated as part of the UNESCO Creative Cities Network on October 30, 2019, according to the municipal Department of Culture and Sports. With this title, the city reaffirms its commitment to people-centered development. At a seminar discussing the “Hanoi – creative city” initiative jointly held by the municipal People’s Committee and UNESCO on October 2, Michael Croft, UNESCO Chief Representative in Vietnam, said the city’s development is therefore considered not just by statistics and profits but through the compassion and creativity of its citizens. Croft suggested Hanoi expand its cooperation with other cities like Seoul (the Republic of Korea), Singapore, Kobe (Japan), Shanghai (China), Bandung (Indonesia), Helsinki (Finland), Montreal (Canada), Berlin … [Read more...] about Hanoi strives to become creative city in region
Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
Leveraging the geographical advantage of the Cangzhou Lingang Economic and Technological Development Zone, the Kerry IMS Chemical Cangzhou logistics centre is supported by Kerry IMS Chemical Logistics' strong chemical warehousing, long-haul trucking and distribution services and network. Not only can it fulfil the warehousing and transit needs of local chemical companies, but can also provide services to the Hebei, Tianjin, Shanxi and Shandong regions, integrating regional resources and upstream and downstream industries to create a sustainable industry chain. The logistics centre is the implementation of Kerry Logistics Network's operation strategy of synchronised distribution from the warehouses in Eastern, Southern, Northern and Southwest China, so that the logistics and distribution time nationwide is shortened, ensuring the timely delivery of goods to increase the competitiveness of its customers' products. … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
RCEP to help farm produce expand presence in global markets
HCM City (VNA) - The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said. Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. Vietnam signed a number of important economic deals in 2020, heralding a new era of economic integration with opportunities to expand export markets and attract more domestic and foreign investment. Among the deals, the RCEP, which gathers together 10 ASEAN countries and five partners (the Republic of Korea, China, … [Read more...] about RCEP to help farm produce expand presence in global markets
RCEP: local enterprises stepping firmly forward
General Secretary of the Vietnam Association of Seafood Exporters and Processors (VASEP) Truong Dinh Hoe said RCEP integrates certain FTAs ASEAN had signed. Therefore, once put into place, the trade deal will allow businesses to use a common certificate of origin (CO) instead of the current single certificate for each market. … [Read more...] about RCEP: local enterprises stepping firmly forward