Vietnam cambodia holiday packages

Cambodia has obtained the go-ahead to export mangoes to China, becoming a new rival for Vietnam in the 1.4 billion consumer market. The Chinese General Administration of Customs has released a list of 37 Cambodian mango farms and five packaging plants allowed to export mangoes through official channels. The mango farming area in Cambodia has reached 100,000 hectares, mostly in the provinces of Kampong Speu, Kampot, Battambang and Banteay Meanchey, with an average output of 1.5 million tons a year. The Chinese Embassy in Cambodia in June last year announced that Chinese and Cambodian agencies were discussing an agreement on allowing Cambodia to export 500,000 tons of mangoes a year to China. Some experts say the high number of orders for mangoes from China will give a push to Cambodia’s economy as it did with bananas. In 2018, only 10,000 tons of Cambodia’s bananas were exported to China. After obtaining a license to export to China, the figure soared to 157,000 tons in 2019 … [Read more...] about Mango exports: Cambodia has become Vietnam’s rival in the Chinese market

Securities firms cautious on directionless stock market Viet Nam’s stock market struggled to find direction last week as liquidity fell continuously and foreign investors net sold a value of more than VND2.22 trillion (US$96.6 million), causing analysts from securities firms to have cautious views of the market this week. On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index inched down in the last trading session to 1,268.83 points, while the HNX-Index on the Ha Noi Stock Exchange (HNX) plunged to 301.77 points. For the week, the VN-Index lost 2.34 per cent and the HNX-Index plummeted 1.95 per cent. Both benchmarks had declined more than 4 per cent since the close of trade Monday. The liquidity on both exchanges declined compared to the previous week. It was lower than the recent 20-week average, with a value of VND20.5 trillion per session. The trading value on the HOSE decreased by 5.2 per cent to VND91.54 trillion, equivalent to a drop of 4 per cent in … [Read more...] about VIETNAM BUSINESS NEWS JULY 26

Banks set conditions to lower interest rates The recent news by several Commercial Banks to lower lending interest rates can be considered good for businesses in particular and the economy in general. However, lowering loan interest rates is difficult to achieve. Deputy Governor Dao Minh Tu of the State Bank of Vietnam had assigned the Vietnam Banks Association (VNBA) to gather consensus on reducing of interest rates. After VNBA held an online meeting, a record sixteen Commercial Banks agreed to reduce interest rates to support businesses facing difficulties during the current ongoing Covid-19 pandemic. It is believed by many, that reduced interest rates at this time will prove to be a salvation for businesses, besides also providing support for banks. In a nutshell, it will be a boon for businesses, and also lend support to debtors in recovering from their debts. If enterprises are in trouble and unable to pay their debts, it causes more bad debts, besides increasing risk … [Read more...] about VIETNAM BUSINESS NEWS JULY 27

Pandemic-hit employees and employers can access to the Government’s support package worth 26 trillion VND (1.13 billion USD) from July 8. (Photo: VNA) Hanoi (VNA) – Both employees and employers who are affected by the COVID-19 pandemic can gain access to the Government’s support package worth 26 trillion VND (1.13 billion USD) from July 8. employees and employers to access, he said. Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung (C) at the press conference (Photo: VNA) Statistics showed that nearly 1.2 million people faced unemployment in 2020, up 277,800 as compared to 2019. The average monthly income in 2020 reached 5.5 million VND (239.1 USD), 128,000 VND lower than last year. The average income of workers in urban areas was 1.5 times higher than that in rural areas (7 million VND and 4.7 million VND, respectively). COVID-19 epidemic continues to impact countries worldwide and also Vietnam, disrupting the global supply chain and … [Read more...] about Pandemic-hit employees, employers likely to access support package from July 8

The 2021 Vietnam Annual Economic Report entitled “Repositioning Vietnam in the Global Dynamics” was unveiled on July 29 (Photo: VNA) Hanoi (VNA) - The 2021 Vietnam Annual Economic Report entitled “Repositioning Vietnam in the Global Dynamics” was unveiled on July 29 by the Vietnam National University - University of Economics and Business. The report analyses Vietnam’s competitive edge based on its advantages and engagement in the global supply chain. It also touches on the adverse impacts of COVID-19 to the global economy at large and Vietnam in particular. The report has been released annually by the university in association with its affiliate the Vietnam Institute for Economic and Policy Research (VEPR) for 12 years. This year, exports and public investment are projected to become a driving force for the Vietnamese economy. With influxes of foreign investment into Vietnam, exports in the sector will have an important role to play for economic growth in … [Read more...] about 2021 Vietnam Annual Economic Report launched

Unlike other services, this is the only security camera solution in the market with camera, internet service and cloud system provided by one supplier. The Make in Vietnam security camera market welcomes a new comer – FPT Telecom with FPT Camera SME solution, targeting small and medium enterprises (SMEs). “Make in Vietnam” is a slogan of a program promoting the spirit of designing, innovating and manufacturing products in Vietnam, especially technology products. The slogan has been created by the Ministry of Information and Communications (MIC) with the aim of promoting the domestic ICT industry. From AI (artificial intellilgence) camera to internet service and cloud system at the data center, all are developed, integrated and deployed by one supplier – FPT Telecom. This is the difference and the advantage of the solution thanks to the supplier’s telecom infrastructure. There are two device options for FPT Camera SME. The first is an indoor camera with 102 degree lens, … [Read more...] about One more big player joins Make in Vietnam security camera market