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Jakarta (VNA) – Indonesian President Joko Widodo said on January 27 that the country is in need of investments that could generate jobs and competitive products in the global market, and it will prioritise environmentally friendly projects to create enduring values. As Indonesia possesses abundant natural resources, and has opportunities to develop industries such as processing and production, the nation should have a good response to the green economy – an evitable trend in the future which helps reduce environmental risks, and improve the efficiency of the use of natural resources. According to the leader, green products and low-carbon emission economy will be the main resources for the country’s development. Currently, Indonesia is joining the global value chain for the development of a green economy. He noted that the COVID-19 has promoted the green and digital transitions of the global economy, holding developing green economy helps countries worldwide … [Read more...] about Indonesia prioritises environmentally friendly projects

The above achievements are the results of coordination between many major groups and enterprises to develop a closed chain of effective production with biosafety and food safety in animal slaughter as well as many effective livestock models and good practice. The A-Z food chain by Hoang Long Livestock Cooperative in Tan Uoc commune, Thanh Oai district, Hanoi, is one example, with a total of 500 sows and 5,000 multiplier pigs. Since 2016, the cooperative has invested in a closed chain model of breed production, animal feed, slaughtering and processing with a capacity of 150 animals per day, providing 13 A-Z processed products such as pork pies, sausages and bacon, meeting market demand. Many commentators have said that the livestock sector has made a great contribution to social security and the implementation of the goals of national industrialisation and modernisation. The sector has also restructured its production quite effectively in accordance with linking value chains and … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 28

Priority will be given to modernization, rapid and synchronous development of the socio-economic infrastructure system, constructing a number of typical works, with unique landscape, architectural space of the capital city; strongly develop inter-connected, synchronous and unified digital, IT, data infrastructure, creating a foundation for the development of digital economy and society. Science-technology, innovation and creation along with culture and people are the most important factors for the rapid and sustainable development of the capital city. … [Read more...] about 13th National Party Congress: Hanoi, HCM City aim for digital government

Commenting that Đà Nẵng has many points to attract investors, Onose Takahisa, Chairman of the Japan Business Association in Đà Nẵng, also proposed to promote communication activities about the city both inside and outside the country to attract more investors and resources. … [Read more...] about Việt Nam willing to welcome investment from Japanese IT firms: official

For her part, SBV Governor Hong said as the international situation is expected to remain complex and unpredictable in the 2021 - 2025 tenure and the following years, to help successfully carry out the banking sector’s political tasks and the congress’s resolution, it is needed to stay persistent in the target of keeping inflation under control and maintaining macro-economic stability. She stressed the importance of improving statistical, analysing, and forecasting activities; staying proactive, prudent, and flexible in using solutions and monetary policy tools; closely coordinating with other macro-economic policies, especially the fiscal one, so as to enhance the economy’s flexibility and resilience in the face of global economic and monetary changes; and raising the State’s foreign currency reserves. It is also necessary to tackle difficulties facing enterprises and people, assist post-pandemic economic recovery, and boost lending for production and … [Read more...] about Officials highlight circular economy, macro-economic stability at Party Congress