Top 5 agricultural exporting countries

DAVOS, Switzerland -- A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. In a sign of the escalating squeeze on food supplies and rising prices, a government source told Reuters that India could restrict sugar exports for the first time in six years to prevent a surge in domestic prices. Meanwhile Indonesia, the world's biggest palm oil exporter, will remove a subsidy on bulk cooking oil and replace it with a price cap on the raw materials for local refiners. "It is a major issue, and frankly I think the problem is even bigger ahead of us than it is behind us," Gita Gopinath, first deputy managing director of the International Monetary Fund, told Reuters of rising food security concerns. Protectionism is looming large at Davos, prompting calls for urgent negotiations to avoid a full-blown trade war. … [Read more...] about Food crisis fuels fears of protectionism compounding shortages

Some 200 dishes made from lotus on display at the Đồng Thap Lotus Festival 2022. — VNA/VNS Photo Nguyễn Văn Trí HCM CITY — The World Records Union (WorldKings) and the Việt Nam Records Organisation (Vietkings) have recognised the first Đồng Tháp Lotus Festival 2022 as the world's largest event of lotus-based dishes. The World Record has been awarded to the Mekong Delta province of Đồng Tháp for hosting the largest event on the processing and presentation of 200 lotus-based dishes. A WorldKings decision on the recognition has also been presented to the provincial People's Committee. Boasting large lotus growing areas and rich culinary culture, Đồng Tháp organised the festival to introduce domestic and foreign friends to various Vietnamese specialities through the country's culinary quintessence in general and the locality in particular. At the first Đồng Tháp Lotus Festival 2022, themed "Lotus of a New Day", 10 culinary experts and 50 chefs were on hand to process … [Read more...] about World Record awarded to Đồng Tháp Lotus Festival

Great Place to Work®, the global authority on workplace culture held its inaugural Vietnam Best Workplaces event on May 12 at Sofitel Saigon Plaza with the theme People-First, Purpose-Driven , acknowledging the approach that companies have adopted in their workplace practices over the past year. The event was attended by 120 participants, including Vo Tan Thanh, vice-chairman of the Vietnam Chamber of Commerce and Industry, and Delphine Rousselet, executive director of the European Chamber of Commerce in Vietnam. In the welcome speech to the audience, Evelyn Kwek, managing director of Great Place to Work ASEAN and ANZ said, “The best way to do great business and take care of our customers is to take care of our people first. “When we are purpose-driven, the company is here to do more, a lot more than just make money; we’re here to take care of each other, respect each other, build great teams, and help each other perform in a way that is better for people, better for business, … [Read more...] about Great Place to Work Vietnam introduces Certification methodology