Coffee is in the making at the Vietnamese Coffee Fair: Tet Edition in Ho Chi Minh City in January 2021. Photo: Linh To / Tuoi Tre News The last decade, however, has seen a shift from a volume-focused approach to coffee farming to a quality-focused strategy as farmers become more convinced that they can turn a profit on high-quality products. … [Read more...] about Ho Chi Minh City coffee fair offers fresh look at fine Vietnamese robusta
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Promoting consumer finance to fight black credit: experts
HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts
Illegal exit, entry must be tackled: PM
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc on January 22 called upon border guards to increase efforts to effectively prevent illegal exit and entry, helping to fight the COVID-19 pandemic. During a meeting with border guards ahead of the Tet (Lunar New Year) holiday, the PM said the border force must raise its readiness for combatting illegal crossings and responding to natural disasters. Communications work also needs to be stepped up so that fishermen will not violate fishing regulations, he said, stressing the significance of external affairs in border areas. The PM lauded the efforts of border guards and local people in national defence, saying the border force has effectively fought crime and safeguarded political security and social order and safety. They have served as the core force in the fight against natural disasters and disease and conducted rescue operations, most notably during the COVID-19 battle, according to the leader. The force has also maintained close … [Read more...] about Illegal exit, entry must be tackled: PM
VinFast introduces self-driving car models
VinFast, a unit of Vietnam’s biggest private conglomerate Vingroup, entered the auto industry three years ago. It has an auto plant in the northern province of Hai Phong and research and development centers in Australia, Germany and the U.S. … [Read more...] about VinFast introduces self-driving car models
Defense Minister hosts Lao ambassador
General Lich confirmed that the Vietnamese MND will continue to share COVID-19 prevention experience and support Laos in the COVID-19 fight. It will also help improve the capabilities of the Lao People’s Armed Forces, create favorable conditions for the Lao diplomat to complete his missions and make contributions to boosting Vietnam-Laos relations and lifting the bilateral defense ties - an important pillar of the bilateral relationship - to a new height. … [Read more...] about Defense Minister hosts Lao ambassador