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Firms to get help to expand rice export markets

April 19, 2021 by bizhub.vn

Rice loaded for export. — VNA/VNS Photo Dinh Hue

In order to take advantage of FTAs ​​and increase the Vietnamese rice export market share at more competitive prices, the Ministry of Industry and Trade will continue to co-ordinate with ministries, branches and the Viet Nam Food Association to help businesses effectively implement the deals and make the most of markets such as South Korea and the EU.

The ministry would implement solutions on mechanisms and policies to remove technical and trade barriers, internalise international commitments, customs procedures, logistics and credit as well as building and developing brands to create a premise for rice export enterprises to exploit the markets, said Tran Quoc Toan, deputy director of the Import and Export Department under the Ministry of Industry and Trade.

For rice exporters as well as farmers, Toan noted the need to be more proactive in improving the competitiveness of products through quality and price as well as building and protecting trade to diversify markets towards sustainable exports.

The Ministry of Agriculture and Rural Development reported the volume of rice exported reached 450,000 tonnes with a value of US$246 million last month.

The cumulative amount of rice exported in the first three months of this year rose 1.1 million tonnes, while the value hit $606 million, down 30.4 per cent in volume and 17.4 per cent in value over the same period last year.

Nguyen Van Don, director of Viet Hung Co., Ltd in the Cuu Long (Mekong) Delta province of Tien Giang, said that the reason for the decline in rice exports was partly as the first quarter of this year coincided with the Lunar New Year holiday.

In addition, the first two months of the year were between-crop periods when the rice supply was limited while the price was high, so it was difficult for businesses to negotiate export contracts.

Although the company’s rice export volume declined by more than 30 per cent over the same period for the first three months of the year, the export rice price rose by about 20 per cent. The two largest import markets are still the Philippines and China.

Meanwhile, Pham Thai Binh, general director of Trung An High-Tech Farming JSC in the Cuu Long (Mekong) Delta city of Can Tho, said that the first quarter’s rice export dropped significantly in volume due to a shortage of empty containers and soaring freight rates.

“Customers still need to import, but enterprises cannot order containers to pack their goods, the shortage of empty containers has pushed freight rates up 600-700 per cent, from $1,000 to $6,000-7,000 per container. With this rate, not only rice exporters but also other firms are facing difficulties. This situation means the importer had to consider delaying the time of receiving the goods or looking for closer sources to reduce costs,” said Binh.

Commenting on this issue, Toan said that although the amount of rice exported in the first quarter of this year declined compared to the same period last year, the price of rice for export grew due to high demand for food reserves around the world, which has pushed up the general level of world rice prices.

Thai and Indian rice prices have also hit record highs in recent years.

Viet Nam’s rice price continued to remain at a high level of $547 per tonne by the end of the first quarter of this year, up 18.6 per cent, equivalent to an increase of $86 per ton compared to the same period last year. The current price of rice has been and is benefiting the rice farmers.

Vietnamese rice was being purchased by importers at high prices due to the improved quality of Vietnamese rice, said Toan.

Vietnamese rice exporters were increasingly focusing on improving quality and traceability to meet the strict standards of export markets such as the EU, South Korea, and the US, Toan said.

In addition, Viet Nam has entered into many trade agreements with many strategic countries and regions such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the EU-Viet Nam Free Trade Agreement (EVFTA) and more recently the Regional Comprehensive Economic Partnership (RCEP) and the UK-Viet Nam Free Trade Agreement (UKVFTA). — VNS

Filed Under: News rice export markets, Viet Nam Food Association, News, rice exporters in india, rice export from india, irri 6 rice exporters pakistan, indian parboiled rice exporters, top rice exporters, indian rice export, rice exporters in tamilnadu, expanded rice, latest rice export news, rice exporter country, world rice exporters, india rice export

Italy – emerging destination for Vietnamese students: ambassador

April 19, 2021 by en.qdnd.vn

The UniSmartItaly workshops, looking into study and work opportunities in Italy, are held virtually from April 16 to 24 by the Italian Rectors’ Conference and the Italian Trade Agency with the support of the Italian Embassy in Vietnam and the Uni-Italia Association.

In her remarks, Ambassador Hue thanked workshop organizers for choosing Vietnam as the first country to carry out this program, noting that although the number of Vietnamese students in Italy remains modest, it has been growing fast in recent years.

Italy is an increasingly popular destination for Vietnamese students as it has a high-quality tertiary education system that provides training in the majors that can help deal with global challenges related to development, the environment, and technology and thus, meeting Vietnam’s demand.

Many Vietnamese students returning from Italy have greatly helped with national development and the two countries relations, she said.

Besides, she added, bilateral trade has topped 5 billion USD, and more than 4,000 Italian businesses are cooperating with Vietnamese partners in export and import, which are favorable conditions to create more study and work chances for Vietnamese students in Italy.

Hue suggested Italy promote students’ participation in and contributions to economic events between the two countries and invite postgraduates to engage in bilateral research projects, especially those in scientific research cooperation programs.

She also recommended the two sides set up a channel for linking Italian employers with Vietnamese students and postgraduates in the country and sign an agreement on mutual recognition of each other’s certificates so as to facilitate the student exchange.

Vu Thi Bich Diep, deputy head of the Vietnamese Students Association in Italy, said Vietnamese students are confident in the development of bilateral ties across the board, which will further facilitate their efforts to study and find jobs in the European nation.

Source: VNA

Filed Under: Uncategorized vietnamese student association, vietnamese students studying abroad, student ambassador program, student ambassador, vietnamese students, Vietnamese Student, International Student Ambassador, student ambassadors, student ambassadors program, emergency grants for students, italy holiday destinations, italy best destinations

Vietnam proves it can treat medical waste and global tech leaders

April 19, 2021 by ven.vn

vietnam proves it can treat medical waste and global tech leaders
Vietnam’s medical waste autoclave system

Effectively replacing traditional technology

According to Tong Viet Dung, Deputy Director of the Environmental Equipment and Material Joint Stock Company (Urenco 13), the company handles about five tonnes of medical waste per day. Previously, it used traditional combustion technology that generates hazardous emissions.

Since 2016, the unit has received US-made medical waste autoclave technology from an international donor organization, which uses saturated steam at high temperatures to eliminate bacteria and harmful pathogens.

However, the cost of foreign technology, its maintenance and replacement parts was too high for many users. Two years ago, Urenco 13 met engineer Nguyen Van Binh and cooperated with NARIME on the research, design, manufacture and application of medical waste treatment using wet heat, with capacity of 4,000 to 4,500 kg of waste a day. Urenco 13 mastered the technology of the American system and adapted it to fit Vietnam’s environmental conditions, Dung emphasized.

vietnam proves it can treat medical waste and global tech leaders

Equivalent quality to US products

The system is made up of a 9,000-liter autoclave, a 480-liter boiler and a system control cabinet. Medical waste is first transferred to sterilization in the autoclave, where high temperature saturated steam helps eliminate all germs, bacteria, pathogens in the waste. This process does not cause odors and does not generate dioxins and furans, unlike conventional burning methods.

The whole process is operated automatically. Once the sterilization ends, the waste is cooled and crushed to a size of about 2-3 cm. The finished product after treatment is sterile waste, not harmful to the environment. When buried, the product does not take up much space and does not affect the soil and water environment, Binh emphasized.

After being installed and tested at Urenco 13 (in Hanoi’s Nam Tu Liem District) since November 2020, the results show that the new system has been operating stably. Microbiological tests of the waste following its treatment conform to the requirements of the National Institute of Hygiene and Epidemiology (NIHE).

The treatment time is reduced and productivity increases about 15-20 percent compared to world-leading medical waste autoclave equipment, which costs about four times more than the system manufactured by a domestic unit, Binh added.

Dung also affirmed that the project’s products have the same quality level as GK-MOSS products imported from the US, saying the company as well as NARIME hopes that following additional trials, the technology can be replicated nationwide.

The project will be replicated by member units of URENCO, hospitals in Hanoi and some northern provinces and subsequently in hospitals in the southern and central provinces, Dung said.

Engineer Nguyen Van Binh said that having mastered the technology, the research team would continue to improve and perfect it in order to reduce costs and introduce it to other domestic waste treatment companies.

Quynh Nga

Filed Under: Uncategorized Science - Technology, medical waste management, Global Tech Prep, tech leaders, medical waste management act, hazardous medical waste, hazardous medical waste disposal, medical waste disposal, medical waste disposal companies, global industry leaders, global business leaders, tech leader, global young leaders conference

PNJ targets higher revenue and profit this year

April 18, 2021 by www.vir.com.vn

According to PNJ chairwoman Cao Thi Ngoc Dung, these targets mean a 20 and 15 per cent increase in revenue and net profit against last year.

At its annual general meeting of shareholders on April 17 in Ho Chi Minh City, Dung said that 2020 was a remarkable year for PNJ with stronger business recovery after a long time of being suppressed by COVID-19.

“While many companies are forced to reduce their business, PNJ is on a path of steady development and growth,” Dung said.

pnj targets higher revenue and profit this year
PNJ targets higher revenue and expanded to the international market this year

The digital transformation in manufacturing and marketing and promotion activities has helped PNJ maintain stable growth.

Dung said that many investors had shown doubts about PNJ’s targets, but the company’s management board confirmed that business prospects this year are much brighter as the pandemic is easing up and the economy has been recovered step by step.

“We have been carefully preparing for the next step of development in the next two years, then we do believe that we can reach that target,” Dung said.

In order to cope with the market turmoil, PNJ has actively restructured its retail outlets. In 2020, the company opened 29 new outlets but closed 36 ones in order to have better rental and locations. This year, PNJ plans to open 40-45 new outlets and invest more in production technologies and product design.

“When global logistics broke down, we have refreshed our entire network. When the first social distancing order from the government was sounded, we have right away implemented online and digital marketing and promotion. These timely reactions have helped maintain our business.”

At the meeting, shareholders also approved plans for 2021, including a private placement of 15 million shares – equivalent to 6.6 per cent of its outstanding shares, to raise its charter capital from VND2.276 trillion ($98.96 million) to VND2.426 trillion ($105.5 million) .

The funds raised will be used to strengthen jewellery production, improve production technologies and product designs, expand the retail network, and speed up digital transformation.

It also approved the issuance of more than 3.4 million shares at VND10,000 per share to employees who have made outstanding contributions.

By Bich Ngoc

Filed Under: Uncategorized PNJ, revenue, profit, Highlight, games industry revenue per year, games industry revenue by year, why profit is higher, profitability higher, difference revenue and profit, target most wonderful time year commercial, revenues gross profit, profitable revenue growth, profitability with revenue, blockbuster revenue by year, recognizes current costs with revenues in computing gross profit, us government revenue by year

World News in Brief: April 19

April 19, 2021 by en.nhandan.org.vn

* Strong winds and high waves lashed the eastern Philippines on Monday as the strongest typhoon ever recorded in April barrelled past in the Pacific Ocean, killing one man and triggering flooding in lower-lying communities, disaster officials said.

* The Russian Foreign Ministry said Sunday that it is expelling 20 staffers of the Czech embassy in Moscow in response to the expulsion of 18 Russian diplomats from the Czech Republic.

* Nearly 192.13 million doses of COVID-19 vaccines had been administered across China as of Sunday, the National Health Commission said Monday. The Chinese mainland on Sunday reported 11 new imported COVID-19 cases, bringing the total number of confirmed cases to 90,510, according to the commission.

* The COVID-19 vaccination program in Laos is underway and the majority of people in target areas have had their first dose of the vaccine. The Lao government plans to vaccinate at least 150,000 people in the initial stages of the program.

* Cambodia on Monday predicted that international tourist arrivals to the kingdom this year would decline by another 70 percent due to the ongoing impact of COVID-19. The report of the Ministry of Tourism said the Southeast Asian country received 1.31 million international tourists in 2020, down 80 percent from 6.61 million in 2019.

* Malaysia started phase 2 of its national immunization program against COVID-19 on Monday, expanding to other high risk groups following the vaccination of the country’s frontliners.

* The COVID-19 cases in Indonesia rose by 4,952 within one day to 1,609,300, with the death toll adding by 143 to 43,567, the Health Ministry said on Monday.

* Brazil’s COVID-19 death toll on Sunday reached 373,335 after registering another 1,657 fatalities, the country’s ministry of health reported. According to the ministry, another 42,980 cases were registered, bringing the total number of cases in the country to 13,943,071.

* Just more than half of US adults have now received at least one COVID-19 vaccine dose, data from the US Centers for Disease Control and Prevention showed on Sunday, with nearly 130 million people aged 18 years or more having received their first shot.

* The European Union has exercised an option to acquire an additional 100 million doses of BioNTech and Pfizer’s COVID-19 vaccine, the two companies said.

* Denmark’s health authority said it may be possible for people to choose to have the AstraZeneca COVID-19 vaccine if they wish, Ritzau news agency reported.

* The number of coronavirus patients in intensive care units in France edged up on Sunday, amid a nationwide lockdown to try to stem a third wave of infections.

* British scientists launched a trial which will deliberately expose participants who have already had COVID-19 to the coronavirus again to examine immune responses and see if people get reinfected.

* Canada will present a budget with billions of dollars for pandemic recovery measures as COVID-19 infections skyrocket, CAD2 billion (US$1.6 billion) toward national childcare, and new taxes on luxury goods.

* The number of people heading out to shops across Britain jumped 87.8% in the week to April 17 versus the previous week as non-essential stores in England reopened after three months of COVID-19 lockdown, market researcher Springboard said.

* Spain will study the effects of mixing different coronavirus vaccines, government researchers said on Monday, responding to shifting guidelines on the safety of the AstraZeneca’s shot.

* Poland may be able to open up a significant part of the economy at the end of May or beginning of June, depending on progress with COVID-19 vaccinations, the prime minister said on Monday.

* NASA successfully launched its Mars helicopter Ingenuity from the surface of the Red Planet earlier on Monday, marking the first powered, controlled flight of an aircraft on another planet.

* The coronavirus variant discovered in South Africa can break through the protection provided by Pfizer and BioNTech’s COVID-19 vaccine to some extent, a real-world data study in Israel found.

* Vaccination against COVID-19 is a requirement to perform the Umra pilgrimage to Mecca, Saudi state TV said on Sunday, citing a government official.

Filed Under: Uncategorized vietnam news, vietnam business, vietnam travel, vietnam culture, vietnam sports, vietnam politics, hanoi, saigon, ho chi minh city, apec, da nang, hue, hoi an, ..., ponca city news briefs, april 19 holiday, april 19 sign, bbc news world news, bbc news world news today, bbc world news bbc world news, bbc world news breaking news, fox news world news, abc news world news, abc news world news now, aries march 21 april 19, cnn world breaking news latest world news

5-star hotels slash service fees to lure Vietnamese guests

April 19, 2021 by vietnamnet.vn

Many luxury hotels remain deserted with no foreign guests during Covid-19 and, as a result, hoteliers have slashed room rates to survive the difficult period.

5-star hotels slash service fees to lure Vietnamese guests

Located at the noisy Thai Ha – Tay Son Crossroads, a luxury hotel is deserted with only several security guards at the entrance door. The project has been facing bad luck since its opening. It initially was an office building but offices were in oversupply and the investor had to shift to another business model.

The building was then redesigned to turn it into a hotel. However, it once again met ill fortune when the Covid-19 pandemic broke out. Lockdowns and restricted travel policy have kept it deserted.

Even a gold-plated hotel is facing difficulties. With 360 rooms and many gold-plated items, the construction required investment capital of $100 million. The work was executed within 18 months and completed in March 2020, ready to serve the F1 tournament that was later postponed because of Covid-19. The hotel opening day was also delayed.

Other luxury hotels bearing international brands in Hanoi are in the same situation. Matthew Powell from Savills Hanoi said hotels in Hanoi had a difficult quarter because of the impact of another Covid-19 wave which decreased market capacity.

One 5-star hotel in Dong Da district was officially rated earlier this year, while two 4-star hotels in Ba Dinh and Tay Ho districts saw their star rating expire.

Meanwhile, Capella Hotel in Hoan Kiem was put into operation in Q1, but it has not been rated yet. Two 3-star hotels with 130 rooms had closed by the end of the last quarter.

Regarding supply, the entire market has 10,120 rooms in 17 5-star hotels, 17 4-star and 32 3-star hotels, up by one percent QoQ and 2 percent YoY.

The market capacity was 24 percent, down by 9 percent quarter on quarter and 20 percent year on year Meanwhile, the hotel room rate was $76 per night per room, down by 23 percent year on year.

The Covid-19 resurgence in January in Hanoi led to a reduction in hotel room occupancy rate in February and March to below 20 percent. Five-star hotels led the market in terms of revenue per available room in Q1 with $25/room/night.

Local hotels are now expecting more Vietnamese guests.

According to the Hanoi Tourism Department, after the Covid-19 outbreak was controlled, tourism points in Hanoi reopened in March. About 685,000 travelers came to Hanoi, a 180 percent month-on-month and 360 percent year on year increase.

An OAG (Official Aviation Guide) report showed that the Hanoi-HCM City air route continued to be the second busiest route in the world in March with 980,000 passengers.

Duy Khanh

Filed Under: Uncategorized travel trend, Covid-19, hotelier, travel news, Vietnam guide, Vietnam tour, travelling to Vietnam, Vietnam travelling, Vietnam travel, vn news, vietnamnet news, ..., 4 star hotels in london, five star hotels, five star hotel, luxury 5 star hotels, ticketmaster service fee, service fees bank of america, service fees for concert tickets, service fee, service fees, servicing fees, servicing fee, star tribune customer service

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