Sugar industry history

Vietnam must have really strong local enterprises to have a self-reliant economy. This poses an urgent need, that is the attraction and use of FDI in the next phase must bring about qualitative efficiency, meaning that the value of the production chain in Vietnam must belong to Vietnamese enterprises. Meanwhile, the private sector currently has a dominant presence in the economy, with some 800,000 enterprises operational as of October 2020, but over 95% of them are micro, small and medium busiensses. Therefore, the concentration of all resources available (capital, including land, high-quality manpower, incentives and so on) to develop the private sector economy is an urgent need for FDI attraction in the next phase. If private enterprises remain micro, small and medium, lack capital and technology, and still face administrative troubles, Vietnam will not have sufficient enterprises big and strong enough to be able to ally and partner with foreign enterprises so as to master each area … [Read more...] about Private sector development to enhance FDI efficiency

Hanoi (VNA) – An initiative to form a supermarket coalition is being developed with the support of the EU and the German Government, aiming to reduce the use of plastic shopping bags and protect the environment. According to Fanny Quertamp from Expertise France, the project is a chance for Vietnam to take specific action to cut plastic waste, and she expressed her hope that the project will receive the active engagement of supermarkets around the country. As part of efforts to implement the initiative, Hanoi is working with relevant agencies towards the formation of the coalition. The city has received support from local supermarkets. A representative from Lotte Mart Ba Dinh said that foreign customers strongly support the scheme and are willing to pay for environmentally-friendly shopping bags. Many Vietnamese customers, however, are not happy, so stronger communication campaigns are needed to raise public awareness. A BigC representative said the scheme should be introduced … [Read more...] about Supermarket coalition expected to help cut use of plastic bags

URC Vietnam as part of PRO Vietnam has the ultimate goal of building a circular economy in Vietnam in which all of our packaging is recycled. We are working to put guidelines on our C2 bottles to help consumers understand and segregate waste properly. Besides, recognising the importance of educating the youth, URC has organised the “Save the environment together with URC Knights” campaign at hundreds of elementary schools in Vietnam to teach children about waste segregation. … [Read more...] about URC Vietnam accelerates green turn

One of the most popular features of Tet (Lunar New Year) celebrations in Ho Chi Minh City is the transformation of Nguyen Hue – a popular pedestrian street – into a floral bonanza. This year’s flower street will open to tourists starting 7:00 p.m. February 9 until 9:00 p.m. February 15. The first day of the coming Year of the Buffalo falls on February 12. … [Read more...] about HCMC gets busy with welcome party for Lunar New Year

The Com Tam Chi Nam signboard is shown on Tan Canh Street, Tan Binh District, Ho Chi Minh City. Photo: Nam Vuong / Tuoi Tre News The homemade Chinese sausage at Com Tam Chi Nam, Tan Canh Street, Tan Binh District, Ho Chi Minh City. Photo: Nam Vuong / Tuoi Tre News Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! … [Read more...] about Saigon’s hidden ‘com tam’ gem