The situation, however, has produced both opportunities and challenges for Vietnamese enterprises in building a trademark for local farm produce that is recognized in foreign markets. Cao Thi Kim Lan, director of Binh Dinh Fishery JSC, said that due to the European Commission’s yellow card on Vietnam’s seafood exports to the European market, 100% of the firm’s exported seafood products were being detained at destination ports for check. The firm has faced multiple difficulties in meeting requirements related to the origins of legal fishing products. Of the 10 fishing boats supplying these materials, the company has only made purchases from three or four boats that have succeeded in meeting the requirements, while the remaining boats failed to sell their products as their owners could not present any fishing diaries or identify their fishing locations. Keeping detailed diaries on fishing practices seems strange to fishermen who are used to traditional fishing … [Read more...] about Foreign markets tighten control on origin traceability
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New Report Shows Use of Modern Contraception on the Rise in Nepal
Over 1.2 Million Unintended Pregnancies and Over 480,000 Unsafe Abortions Prevented Since July 2017KIGALI, RWANDA - Media OutReach - 13 November 2018 - A groundbreaking international report shows the use of modern contraception on the rise in Nepal, preventing over 1.2 million unintended pregnancies and 489,000 unsafe abortions between July 2017 and July 2018. The report shows Nepal is on track to achieve its goals for modern contraception use by 2020, as the Government boosts spending on family planning. However, over one quarter of married women aged 15-49 in Nepal still have unmet need for modern contraception. Beyond Nepal, the report shows more women and girls than ever before are making the voluntary choice to use contraception in the world's 69 lowest-income countries. The report entitled FP2020: Catalyzing Collaboration has been produced by Family Planning 2020 (FP2020) - a global partnership that supports the rights of women and girls to freely decide … [Read more...] about New Report Shows Use of Modern Contraception on the Rise in Nepal
Auto support industries falling short
The positive results posted by Vietnamese manufacturers in support industries over the last 20 years have come mostly on the back of the development of the local motorcycle industry. Despite the government’s policies to limit the number of vehicles on Vietnam’s streets, there have been many opportunities in place for manufacturers to grow, according to Ms. Truong Thi Chi Binh, Vice Chairwoman and Secretary General of the Vietnam Association of Supporting Industries (VASI). “They are willing to be involved further in automobile support industries once volumes in the industry are sufficiently large, along with government support in terms of policies,” she said. Bright side The Export Mechanical Tool JSC (EMC), the Nhat Quang Steel Limited Company, and the Manh Quang Mechanics Co. - three of VASI’s 224 members - have posted good results from the flourishing motorcycle market. Reaching 3.38 million local and imported vehicles in 2018, Vietnam stood behind … [Read more...] about Auto support industries falling short
SonKim Land wins again at International Property Awards
The Galleria Residence developed by SonKim Land wins the ‘Apartment/ Condominium Asia Pacific’ and ‘Best International Apartment/ Condominium’ awards at the 2019 International Property Awards in the UK. — Photo courtesy of the company The Galleria Residence developed by SonKim Land has won the ‘Apartment/ Condominium Asia Pacific’ and ‘Best International Apartment/ Condominium’ awards at the 2019 International Property Awards in the UK. It is for the second year in a row that SonKim Land has won this prestigious award. Following its great success at Asia Pacific Property Award in May, the company represented Viet Nam and the Asia Pacific at the award and gala dinner in London on December 2. Situated in the heart of the Thu Thiem New Urban Area, The Galleria Residence (the first phase of The Metropole Thu Thiem) has three 12-storey towers with 456 residential units and 30 commercial units. Its facilities include a sculpture garden, … [Read more...] about SonKim Land wins again at International Property Awards
Companies follow Government lead, set cautious growth targets
Construction company Becamex IDC Corp has been cautious about this year’s business targets. Photo batdongsan.com.vn Compiled by Thiên Lý Construction company Becamex IDC Corp has been cautious about this year’s business targets. Its consolidated turnover target is only VNĐ1.226 trillion (US$53.3 million), or 96 per cent of last year’s figure, and after-tax profit target is VNĐ252 billion, only 8 per cent higher than last year. In a document already sent to the company’s shareholders ahead of the annual general meeting, its general director, Đỗ Quang Ngôn, explained the reasons for setting such moderate growth targets. He said the real estate market is facing an imbalance between supply and demand in certain segments, and credit to the property sector is drying up. Externally, the global economy is expected to see a lot of volatility this year and likely to have a strong impact on the Vietnamese economy, he said … [Read more...] about Companies follow Government lead, set cautious growth targets