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According to Hanoi Department of Industry and Trade Deputy Director Dam Tien Thang, support industries contribute to industrial production efficiency as well as product quality and price. In the era of globalization, support industries create competitive products and form a multi-layer supply chain and manufacturing network composed of multinational groups and Vietnamese companies with foreign direct investment (FDI), as well as manufacturers and assemblers in Hanoi and other localities nationwide. … [Read more...] about Hanoi promotes growth impetus for support industries

Trần Văn Mạnh, a farmer in Di Linh, Lâm Đồng Province, tends his coffee plantation. Mạnh is one of many farmers in the province that benefit from the Better Life Farming programme. — VNS Photo Viet Nam News HCM CITY — “Better Life Farming”, an alliance of leading private sector companies created to develop sustainable and scalable business models with global and local partners to improve smallholder coffee farmers’ livelihoods, was launched in HCM City on Tuesday. … [Read more...] about Bayer in private sector alliance to support coffee smallholder farmers

An art performance at the event Accordingly, the two villages’ relevant forces will actively update information and mobilize locals to protect the borderline, landmarks, and other facilities in the border area. Also, they will regularly exchange information and collaborate to fight against illegal entry and border crimes, drug trafficking, and other law violations. … [Read more...] about Vietnamese and Lao border localities twinned

Hanoi (VNA) – The International Finance Corporation (IFC) – a member of the World Bank Group – has signed an agreement to provide another 40 million USD for the Orient Commercial Bank (OCB) to help it with the support of COVID-hit clients, especially small- and medium-sized enterprises. The one-year renewable senior loan offers OCB additional liquidity to continue lending to businesses as the bank is offering payment relief to its borrowers at the same time. OCB will prioritise clients working in sectors facing direct impact of COVID-19 like tourism and production as well as those related to disease response activities. Nguyen Dinh Tung, CEO of OCB, said COVID-19 impacts are projected to continue for a long period of time, thus difficulties facing the business community, particularly small- and medium-sized enterprises (SMEs), remain tremendous.  … [Read more...] about Additional 40 million USD for Vietnamese bank to aid SMEs amid COVID-19

This comes after the Ministry of Health sent a dispatch to the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, and the People's Committees of various provinces and cites in late November to order to test samples of imported food packaging. This is aimed at checking items brought in from countries with large novel coronavirus (COVID-19) outbreaks in an effort to stop any potential exposure to the virus. … [Read more...] about VIETNAM NEWS JANUARY 15