New okhla industrial development authority

Local wood industry to capitalise on export opportunities to US

February 6, 2021 by vov.vn

According to data released by the United States International Trade Commission, during the opening 11 months of last year, the US’ imports for wooden furniture endured a decline of 0.6% to US$16.8 billion compared to the same period from 2019.

Vietnam remained as the largest supplier of wooden furniture to the United States throughout the reviewed period, with the export turnover reaching US$6.26 billion, a rise of 30.9% on-year.

The proportion of imports from the country accounts for 37.2% of the total import value, up 9% compared to last year’s corresponding period.

Most notably, Vietnam is the largest market for bedroom furniture for the US, making up 49.7% of the US’ total import value, followed by Malaysia, China, and Indonesia.

Nguyen Liem, chairman of Lam Viet Joint Stock Company, attributed this increase in US demand for wooden furniture to the impact of the novel coronavirus (COVID-19) pandemic as it has forced many Americans to remain indoors and focus on activities such as renovating their homes and purchasing new furniture.

He emphasised that Vietnamese wood brands in the US market have significantly improved in recent years due to American people being willing to purchase Vietnamese wooden furniture at more expensive prices over similar products from the Chinese market.

Do Xuan Lap, chairman of the Vietnam Timber and Forest Products Association, pointed out that the wood industry’s strategic export products in the US market will be kitchen cabinets and bathroom cabinets.

Due to this, Lap advised local firms to be aware of market changes and appropriate product strategies, while enhancing their competitiveness to deeper penetrate into the global supply in order to increase exports to the demanding market.

Insiders make suggestions to maintain sustainable export growth

March 5, 2021 by en.vietnamplus.vn

Tra fish processed for export (Photo: VNA)

Hanoi (VNA) – Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth , according to insiders.

Statistics of the Ministry of Industry and Trade (MoIT) shows that Vietnam’s import-export value reached 95.8 billion USD in the first two months of 2021, up 24.5 percent year-on-year. Of the total, exports were valued at 48.55 billion USD, up 23.2 percent, and imports 47.26 billion USD, up 25.9 percent.

During January-February, Vietnam enjoyed a trade surplus of 1.29 billion USD, down from the 1.8 billion USD seen in the same period last year. The domestic sector posted a trade deficit of 4.14 billion USD, while the FDI sector, including crude oil, saw a trade surplus of 5.43 billion USD.

At the Government’s February regular meeting, MoIT Minister Tran Tuan Anh set a target of 4-5 percent in export growth in 2021.

To that end, MoIT Deputy Minister Cao Quoc Hung said that the ministry is considering a new strategy on import-export activities in the coming time to be submitted to the Prime Minister for issuance.

In addition, the ministry will continue engaging in negotiations and perfecting relevant institutions on free trade agreements (FTAs), including issues related to the rule of origins so as to help business better optimize advantages of the agreements.

It will also consolidate and expand export markets, bring into full play opportunities brought about by existing FTAs, diversify import and export markets, diversify exported products, increase the competitiveness of exported products, and develop brands so as to achieve sustainable export development, Hung added./.

VNA

HCM City accelerates digital transformation in governmental organisations

March 2, 2021 by en.vietnamplus.vn

Governmental staff deliver public services to citizens. (Photo: VNA)

HCM City (VNA) – Ho Chi Minh City plans to accelerate digital transformation in governmental organisations and promote e-government to heighten the efficiency and quality of public service delivery.

This is among the tasks for the city in conducting a plan on enhancing the application of information technology in governmental organisation s, promoting e-government and ensuring cybersecurity between 2021 and 2025.

To this end, the southern economic hub will focus on developing digital infrastructure serving governmental offices; creating open databases with easy and friendly access to increase transparency, towards e-government, a digital economy, and a digital society; and ensuring information safety and cybersecurity.

HCM City accelerates digital transformation in governmental organisations hinh anh 2

A customer service centre of the Electricity Vietnam (EVN). (Photo: VNA)

The city targets being among the top 5 performers in developing e-government and the top 3 in the ICT Development Index (IDI) and Global Cybersecurity Index (GCI).

It will provide more public utility services for people and businesses and improve interaction between them and authorities. It will also encourage innovative ideas and the use of technology in resolving public issues and increasing public satisfaction in public service delivery./.

VNA

Bright prospects ahead for wood and handicraft exports to US

March 5, 2021 by vov.vn

Addressing the event, Nguyen Hoai Bao, member of the HAWA executive board, emphasised that despite export activities facing numerous difficulties caused by the impact of the novel coronavirus (COVID-19) epidemic, the Vietnamese wood industry raked in over US$13 billion last year.

Most notably, exports to the US market enjoyed a surge of 34% to over US$7 billion compared to 2019, meaning the US has become the leading export market of the domestic wood and handicraft sector.

Despite these positives, Bao explained that the US is one of the markets that has set the strictest standards in terms of origin traceability and legality of wood products, thereby forcing local businesses to regularly update the legal system and related regulations as a means of avoiding trade risks and to fully tap into the fastidious market.

Julie Hundersmarck, a specialist at the US Forest Service International Programs, emphasised that despite facing fierce competition from a variety of regions, US importers have a preference to do business with suppliers from Asia, including Vietnam. Indeed, moving forward the US Forest Service has initiated plans to assist the country in controlling the origin and legality of wood products which are exported to the US in order to ensure sustainable development.

Last year saw the sales of furniture products in the US reach US$115 billion, with this figure forecast to hit US$143 billion over the next five years.

Experts have also pointed out that the level of consumer spending on furniture products is projected to increase moving forward, despite the outbreak of COVID-19, noting that local manufacturing firms must be sensitive when selecting investments. As such, they should regularly be introducing fresh products and developing additional trade channels in order to attract customers in an effective manner.

Over 41,000 young fish released to the Huong River

March 5, 2021 by dtinews.vn

Authorities in Thua Thien-Hue Province have released over 41,000 young fish into the Huong River.

The Thua Thien-Hue Provincial Department of Agriculture and Rural Development said that the event, which was held on March 4, aimed to increase local aqua resources and raise public awareness on protecting aqua resources in the area.

The event attracted the participation of various organisations, agencies, enterprises and local people. The fish were of different kinds including carp, barb, and catfish.

The department said that they will organise more fish releasing events this year. It is expected that over 570,000 young fish will be released on Tam Giang Lagoon.

Besides, more than 3,000 shrimps will be released to local sea.

The restoration of Da Lat’s abandoned monastery

March 5, 2021 by tuoitrenews.vn

Residents and tourists alike have shared their disappointment over the removal of large portions of the Franciscaines Misionnaires de Marie – an abandoned monastery in the Central Highlands city of Da Lat – during the site’s renovation.

Spanning more than seven hectares, the chapel and residential quarters of Franciscaines Misionnaires de Marie sit between Tran Quang Dieu and Hung Vuong Streets in Da Lat, which is the capital of Lam Dong Province.

For years, the iconic chapel has been an inspiration for Vietnamese artists and photographers, being reimagined in countless works of art.

The mission is located in an area surrounded by pine trees near the center of Da Lat. Photo: Duc Tho / Tuoi Tre

A ruined complex

According to writer Nguyen Vinh Nguyen, the Benedictine complex was designed and built by French architects Alexandre Leonard and Paul Veysseyre in the late 30s and early 40s, marking the onset of Benedictine missionaries from the West making their way to Vietnam.

In 1954, these missionaries left the complex in the hands of Franciscans nuns before moving to Hue in the central region to set up the Thien An Monastery.

In the following years, the nuns enlisted Vietnamese architect Pham Khanh Chu to design additional classrooms behind the existing complex.

According to Tran Ngoc Trac, former head of Lam Dong Province Arts and Literature Association, the mission was known as Viet Nu Commercial School in 1969.

In 1979, the seven-hectare complex was handed over to the government.

Machines are brought to the mission to remove severely destroyed areas. Photo: Duc Tho / Tuoi Tre

Over the following decades, the school’s two classroom blocks and residential building served as the province’s supplementary school, then as the Lam Vien Hotel, and eventually Tran Phu High School.

In the 1980s, another building was built between the two blocks.

The chapel and monastery were next used as a warehouse, sports hall, and residential structure.

It was eventually abandoned for several years before becoming a campus of the Ho Chi Minh City University of Architecture.

At one point, nearly 20 families illegally occupied the chapel but were eventually forced out by local authorities.

Inside the main chapel. Photo: Duc Tho / Tuoi Tre

Pulling out all the stops

The Ho Chi Minh City University of Architecture, which currently manages the complex, said it has plans to restore the site.

“We are doing our best to preserve the monastery’s artistic value,” said the school’s representative.

“We expect it to be a landmark of the university’s Da Lat campus in which potential architects from the Central Highlands and neighbouring areas are trained.”

Plans on the renovation include a new amphitheater being built in the complex and the restoration of dilapidated structures.

The chapel will be transformed into a library and meeting hall which will host architecture and art workshops, while the residential structures will be used as boarding houses for lecturers.

The residential building’s roof is removed for restoration. Photo: Duc Tho / Tuoi Tre

“We decided to restore the existing constructions of the chapel and residential structure though they are not listed in the government’s compulsory reservation scheme,” the university told Tuoi Tre (Youth) newspaper.

“We see the complex as a meaningful and valuable heritage site.

“Restoring costs much more than rebuilding but we must protect this significant landmark.”

The monastery’s façade has been reimagined in many pieces of art. Photo: Duc Tho / Tuoi Tre

The right decision

Although the monastery is not classified as a relic or included in the list of reserved buildings by the government, it is highly appreciated by architects for its architectural value, according to architect Le Tu, head of Lam Dong Province Association of Architects.

On a purely legal basis, it is permissible to demolish the complex built atop the land, yet the Ho Chi Minh City University of Architecture chose a much more challenging and noteworthy solution.

It is too early to comment on the project’s impact, yet it does open the door for discussions on how Da Lat’s old villas should be managed and used to preserve the old town’s atmosphere.

As Tu sees it, if all precious villas are lost or investors wait for them to be severely ruined as an excuse to tear them down, Da Lat’s heritage will slip away.

Restoring old villas is difficult.

Therefore, besides goodwill, investors must have plans in place to prevent unwanted incidents and ensure safety.

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