Since its inception in 2011, the NESCAFÉ Plan project has brought many technical innovations and the application of new technologies, creating a positive impact on the sustainable development of Vietnam's coffee industry such as improving the living standards of the Vietnamese farmers, increasing the quality and value of Vietnamese coffee beans, aiming to increase the value of Vietnamese Robusta coffee in the world. … [Read more...] about Opening of NESCAFÉ WASI Coffee Farm Experience Center in Central Highlands
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Thai investment in Viet Nam increases
Gulf Energy Development PLC, a leading Thai private power producer, recently announced plans to acquire 70.5 per cent of Global Mind Investment Management (GMIM)’s shares from Nech Opportunities Fund VCC, worth US$40 million (Bt1.2 billion) to expand investment in Viet Nam. … [Read more...] about Thai investment in Viet Nam increases
Thai Nguyen hi-tech agricultural zone set up
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has signed Decision No 70/QD-TTg on the establishment and issuance of operational regulations of the Thai Nguyen high-tech agricultural zone. The zone will be set up in Tien Phong commune, Pho Yen town, Thai Nguyen province, spanning 154.36 ha. It is to host research activities and pilot hi-tech production models in farming, forestry, aquaculture, and farm produce preservation and processing, among others. The zone will also specialise in training and technology transfer serving the agricultural sector of the province, the region and Vietnam as a whole. The provincial People’s Committee has been asked to steer the construction, assessment, and approval of planning for the zone in keeping with regulations. The province has previously set up large-scale agricultural production zones of high economic value. Of particular note, it is among the largest tea-growing areas in Vietnam, being home to over 22,400 ha./. … [Read more...] about Thai Nguyen hi-tech agricultural zone set up
Indonesia aims to become world’s largest vannamei shrimp producer
Jakarta (VNA) – Indonesian Maritime Affairs and Fisheries (KKP) Minister Sakti Wahyu Trenggono is targeting to turn the country into the world's largest vannamei shrimp producer by pushing production to 16 million tonnes annually from the current figure of below one million tonnes. As reported by the local news agency Antara, to achieve this goal, Indonesia must begin developing new shrimp ponds spanning 200 thousand hectares until 2024. Currently, the country’s annual vannamei shrimp production is less than one million tonnes, below that of China, Ecuador, Vietnam, and India. "If we succeed in developing 200 thousand hectares of shrimp ponds, with two harvest cycles of 80 tonnes per hectare per year, based on an economic analysis, it could generate nearly 1,200 trillion rupiah," Minister Trenggono was quoted by Antara as saying. He added that the development also aims to build a strong defense system to protect the nation’s maritime wealth. Trenggono revealed … [Read more...] about Indonesia aims to become world’s largest vannamei shrimp producer