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
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HCM City (VNA) – The Asia Food and Beverage Summit and related activities will be held on March 5, 2020 to welcome Vietnam’s ASEAN chairmanship, according to the Vietnam Cuisine Culture Association (VCCA) and the Restaurant Association of Vietnam (RAV). The event will focus on major issues in the food and beverage (F&B) sector, including development trends, effective business models, the standardisation and development of the chain, and the application of technology in the sector. Within the event’ framework, an international exhibition will be held with the participation of more than 30 R&B suppliers from across Asia, a business connection event and a ceremony honouring excellent restaurants. According to RAV President Chu Hong Minh, Vietnam has received Asia’s top culinary destination award in 2019 and a nomination for the top global culinary destination. He noted that the Vietnamese culinary sector has seen progress over the years with higher … [Read more...] about Asia Food and Beverage Summit to promote Vietnamese cuisine
Luong Van Lam My parents recently spent VND12 million ($517) to install cameras inside and outside our family home in the countryside. Dad took a step further by placing a broken one near our chicken coop, just to fake out potential thieves. "We just installed some cameras," Mom told me on the phone while I was at work. "Four of them - inside the house, in the front, out on the street, even at the back," she said. She even sent me the password for a mobile app which would allow me to access the cameras remotely, saying I should check them out once in a while to check the house in case she and Dad were out. "There's only two of you and a few chickens, why spend so much?" I asked. "They bring us peace of mind," Dad replied. "There are so many thieves these days. Our neighbor even has eight cameras." My parents weren't the only ones going paranoid about security and installing cameras. My colleagues, friends and so many people I know have started to buy cameras or other similar … [Read more...] about Security cameras are a rational choice, but are they a solution?
Trade growth continues to decrease from previous quarter due to macro headwinds across the regionHigh Technology sector, and ocean exports of Basic Raw Materials and Machinery Parts to grow moderately as multilateral ties with ASEAN nations open new opportunitiesSEOUL, SOUTH KOREA - Media OutReach - 9 December 2019 - South Korea's trade is set to experience moderate growth in the machinery and technology industries, offering some optimism amidst a continuing trade for the three-month period ending in January 2020, according to data from the DHL Global Trade Barometer released by DHL, the world's leading logistics company. The DHL Global Trade Barometer, an early indicator of global trade developments calculated using Artificial Intelligence and Big Data, revealed that South Korea's trade outlook is set to decelerate further to 43 points, below the threshold of 50 which indicates growth. Despite a general slowdown in trade, South Korea's outlook remains relatively … [Read more...] about South Korea trade continues to face mild decline
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