Farmers harvesting rice in Hoa Lư District, northern Ninh Bình Province. Land accumulation is expected to accelerate high-tech agriculture. — VNA/VNS Photo Minh Đức Across Việt Nam, there are 76 million small and scattered farming land lots. Their spread out and small nature slow the application of technology, stop companies from investing in agriculture and hinder the establishment of concentrated production areas. Việt Nam News reporter Khoa Thư talks to Vũ Trọng Khải, former director of the Central Agricultural Cooperative Management School II, on how land policies should be changed to help agriculture thrive. Land accumulation was expected to improve Việt Nam’s agriculture in terms of size and productivity, but it has not had the desired impact due to inadequacies of policies involving agricultural land. How would you promote land accumulation? Land accumulation is … [Read more...] about Land accumulation essential to apply innovation in agriculture
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Demonstrate The Outstanding Capital Operating CapabilityRepresent An Important Step Forward In Implementing The Group's Regional Development StrategyHONG KONG, CHINA - Media OutReach - 14 November 2019 - Automated Systems Holdings Limited ("ASL" or "the Group") (HKEX stock code: 771), a trustworthy and professional global Information Technology ("IT") partner, is pleased to announce the spin-off of Grid Dynamics International, Inc. ("Grid Dynamics"), the Group's U.S. and Europe business, with a valuation of approximately US$390.1 million (approximately HK$3,042.8 million). Grid Dynamics is expected to be listed on Nasdaq via ChaSerg Technology Acquisition Corp. ("ChaSerg") (NASDAQ: CTAC), a listed company on Nasdaq ("Nasdaq"), with a structure of a reverse triangular merger followed immediately by a forward triangular merger. Signing ceremony signifies a brighter future for ASL, Grid Dynamics & TeamsunIn this transaction, 100% equity interest in … [Read more...] about ASL Intends to Spin Off U.S. Business with a Valuation of Approximately HK$3 Billion Listed on Nasdaq
Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
The agreements were signed in Paris on March 26 by Trinh Van Quyet, Chairman of FLC Group and Eric Schulz, Chief Commercial Officer, Airbus during the official visit to France of Nguyễn Phú Trọng, General Secretary of the Central Committee of the Communist Party of Vietnam. Bamboo Airways is set to begin operations in 2019 with aircraft on lease from third party lessors before taking delivery of the aircraft covered by today’s MOU with Airbus. The carrier will focus on linking international markets to Vietnamese leisure destinations, as well as on selected domestic routes. "After evaluating carefully the competing products, FLC Group and Bamboo Airways have selected the A321neo as the most efficient option for our new operation,” said Trinh Van Quyet. “The A321neo will enable us to combine comfort, efficiency and the right capacity for our planned services, which will primarily serve fast growing leisure markets in Vietnam.” … [Read more...] about FLC Group selects A321neo for Bamboo Airways
Chairman of the Hanoi People’s Committee Nguyen Duc Chung (centre) visits the expansion site of Claridges Hotel in London, the UK, on November 11 (Photo: VNA) Hanoi (VNA) – A delegation of the Hanoi People’s Committee led by its Chairman Nguyen Duc Chung paid working visits to Israel and the UK from November 4-13 to seek ways to enhance cooperation between the Vietnamese capital and the two countries’ cities, partners and businesses. During their trip to Israel, the delegation had a meeting with Tel Aviv Mayor Ron Huldai. The two sides shared experience and discussed the possibility of cooperation in the fields of startup, innovation and technology for smart city building. Huldai said the Tel Aviv administration is ready to work with Hanoi and other Vietnamese localities to share experience in smart city building, investment, trade, tourism, urban management, technology transfer, agriculture and hi-tech healthcare, thus helping to bolster relations between … [Read more...] about Hanoi seeks to strengthen ties with Israeli, British partners