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Business Beat (16-11-2009) India tipped to import Viet Nam rice by Le Hung Vong Viet Nam will be able to meet India’s reported intention to import 2 to 3 million tonnes of rice, the deputy chairman of the Viet Nam Food Association Nguyen Tho Tri has said. The statement was made after the Indian Press Trust reported on November 4 that the Government of India has a plan to import 2 million tonnes of rice from Viet Nam and Thailand because of India’s decreasing rice output due to the impact of drought and floods. Speaking in an interview with the Thoi Bao Kinh Te Sai Gon, Tri affirmed that Indian diplomats had informed him that the South Asian giant was looking to buy 3, not 2 million tonnes of rice, as previously reported. Tri said Vietnamese enterprises will be able to meet the demand, adding that the delivery date will coincide with Viet Nam’s winter-spring crop harvest in January and February 2010, when the supply will be plentiful. He explained that Viet Nam can … [Read more...] about India tipped to import Viet Nam rice

Nguyen Tuan Anh, CEO of Grab Financial Group Viet Nam, talks about strategies to help start-ups expand their markets at a recent event in HCM City. — Photo Thanh Nguyen. Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Viet Nam has said. Speaking at a recent boot camp, a start-up training programme organised by VnExpress.net, Nguyen Tuan Anh said reaching out to the world was not optional but imperative for a start-up to succeed. “You may not go global right away, but you must have a vision to do it in the next five to 10 years. “Vietnamese start-ups must conquer the global playground to increase the value, revenue and profit.” Anh was one of the first employees of the giant ride-hailing service when it entered the Vietnamese market in 2014 on the heels of its success in four other Southeast Asian countries, Malaysia, … [Read more...] about Start-ups must go global, says Grabs Viet Nam chief

According to the Viet Nam Association of Seafood Exporters and Producers, the tra fish sector faces competition grom China, India, Indonesia and Bangladesh who each represent around 15-20 per cent of global production. — VNS Photo kinhtenongthon.vn Viet Nam’s fisheries exports are unlikely to meet the US$10 billion target set by the Government for this year because of the multiple challenges like the US-China trade war, lack of demand and increasing competition. In the first 10 months of the year, exports were worth only $7.09 billion, down 2 per cent from the same period last year, as the prices of major export items like catfish and shrimp fell, Truong Dinh Hoe, secretary general of the Viet Nam Association of Seafood Exporters and Producers (VASEP), told a recent conference in Can Tho City. Viet Nam has this year set targets of achieving $4.2 billion in shrimp export value and $2.3 billion in tra fish export value, which accounts for nearly 38 per cent of the country's … [Read more...] about Viet Nam to fall short of fisheries export target

Passengers on the inaugural flights receive gifts from Vietjet. — Photo courtesy of Vietjet Budget airline Vietjet on Monday launched two direct flights from Ha Noi and HCM City to New Delhi. Vietjet is the first airline connecting the two biggest economic, cultural and tourist centres of Viet Nam and the capital of India. The HCM City-New Delhi route operates four return flights per week. The flight departs from HCM City at 7pm and arrives in New Delhi at 10.50pm. The return flight takes off from New Delhi at 11.50pm and lands in HCM City at 6.10am (all in local times). Meanwhile, three return flights per week are provided on the Ha Noi-New Delhi route. The flight leaves Ha Noi at 7.10pm and arrives in New Delhi at 10.50pm. The return flight takes off from New Delhi at 11.50pm and lands in Ha Noi at 5.20am (all in local times). According to Vietjet, India is famous for its diverse, colorful culture, religion, food and tourism. "Not only is the majestic landscape, India also … [Read more...] about Vietjet launches direct flights on Viet Nam-New Delhi routes

Ryan’s Grocery in HCM City. It is the first foreign organic product franchise to come to the country. — VNS Photo Thu Ngan Ryan’s Grocery, a Singaporean organic products brand and the first foreign franchise in the sector in Viet Nam, has opened a store in HCM City. It has partnered with PM Quynh Lam. The store, at 200 Pasteur Street, is over 400sq.m and sells 600 types of products including meats, vegetables, dried foods, etc. It also has a support centre and dining area. All its products are imported from farms and manufacturers in Australia and Singapore with certified production processes. The certifications attained by its products include Australian Certified Organic, USDA Organic, EU Organic, JAS (Japan), Gluten Free, and True Aussie Beef and Lamb. Mai Thi Quynh Trang, general director of PM Quynh Lam said: “Our goal is to provide an optimal solution for safe, premium-quality food for gourmets and people on special diets. “Since eating is not only … [Read more...] about Singapore organic food brand comes to Viet Nam