Draghi readies fresh stimulus as economic fears grow

Timen R.T. Swijtink shows participants the difference between regular coffee beans and dwarf beans -- the smaller beans used for the espresso Lacàph served at the Vietnamese Coffee Fair: Tet Edition in Ho Chi Minh City in January 2021. Photo: Linh To / Tuoi Tre News According to Swijtink, approximately 95 percent of coffee output in Vietnam is robusta, with the vast majority being industrial- and commercial-grades. … [Read more...] about Ho Chi Minh City coffee fair offers fresh look at fine Vietnamese robusta

Phan Duc Hieu, deputy head of the Central Institute for Economic Management (CIEM), said that the government should throw out a second support package that prioritizes strong businesses that have survived the pandemic, while those that are weak should withdraw as that is the nature of a market economy. … [Read more...] about Vietnam to grow 6.8 pct a year in the next five years

Farmers in Mai Son district of Son La province sort mangoes to prepare for export Vu Tien Dinh, Chairman of the district’s People’s Committee, said numerous communications programs have been held to promote local mangoes and growers have attended cultivation classes. … [Read more...] about Son La ships 30 tons of fresh mangoes to US

Meanwhile, logistics came up top as the most popular sector for investment, as the pandemic drove the acceleration of e-commerce, boosting demand for this asset class, the report said. Investors were also more interested in data centres, as demand surged for video conferencing and other platforms to support remote working. This has led to increasing requirements for data storage./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 23

Vietnamese expatriates in Germany have had faith in the leadership of the Communist Party of Vietnam (CPV). Professor Nguyen Van Thoai from the University of Trier in Rheinland-Pfalz state recalled Vietnam’s tough period after being subject to a trade embargo in the 1980s. Thanks to the Party’s introduction of the “Doi Moi” (renewal) policy in 1986, the country has shot to stardom in the international arena. … [Read more...] about VIETNAM NEWS JANUARY 23