Nguyen Dang Anh Thi There’s a funny story that does the rounds about Vietnam’s agriculture industry. For more than 30 years, Vietnam has been a major rice exporter and yet every year, it is stuck in a loop in which the government, banks and local companies have to lend a hand to stock rice and make sure prices do not fall uncontrollably. And it is a fact that Vietnam is an agricultural country. Everyone knows it, but every season, we hear stories of having to save farmers from one plight or the other; campaigns are launched calling on people to buy fruits or vegetables from farmers because supply has overwhelmed demand; and of market prices dropping so sharply that some farmers decide to throw all their produce away or use them to feed cattle. To deal with these paradoxical developments and ensure a sustainable livelihood for those who depend on agriculture, we need to change the way we think; change our mindset, as people often say these days. Mai, an overseas Vietnamese … [Read more...] about For its own good, Vietnam should stick to agriculture
Why organizations need to change
Premier Residences Phu Quoc Emerald Bay offers big promotion for new year 2019The most beautiful spiritual places in northern Việt NamNCB to increase charter capital to over VNĐ5 trillionWhy did Intercontinental Danang Sun Peninsula Resort win the prize “World’s Leading Green Resort 2018"?The organic food market is getting more and more vibrant As Industry 4.0 continues to drive changes in business models, many companies are placing a greater emphasis on creating workspaces that support an open, collaborative and sharing environment, which will lead to improved employee productivity and satisfaction. Campus-style office model at Singapore Science Park Industry 4.0 is changing the role of workplaces As we move towards a more open and connected world arising from Industry 4.0, many companies are recognising the importance of creating an office environment that encourages interaction, collaboration and discussions. Shifting away from the traditional … [Read more...] about DOES THE 4th INDUSTRIAL REVOLUTION NEED TO START IN THE WORKPLACE?
With a great belief in the relationship between quality organic food and a healthy environment, ORFARM founder and CEO Bui Bich Lien has chosen the challenging path of pursuing an organic farm and outlet model, where her meat and vegetable products are properly sourced, controlled, and brought straight to the dining table of many families across Vietnam. Hoang Oanh reports. Vietnamese consumers are becoming more aware of food safety risks Nguyen Ha Chi, a loyal customer of organic food stores, shared that instead of squandering money on top brand goods or dining at costly restaurants, she has spent several years trimming unnecessary expenses to buy safer food. Consumers like Chi, however, often find it difficult to uncover which products are totally safe, and often all they can do is to put their trust in producers. “Organic food stores now have a strong presence in the market with different price tags. I got lost in a matrix of information and have changed several … [Read more...] about Tackling food risks organically
Through the ratification of the CPTPP, Vietnam will be able to attract even more foreign investment to key technology sectors, Photo: Le Toan Tran Hoang Ngan has spent days studying the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He is not a negotiator of the deal, but a National Assembly (NA) member from Ho Chi Minh City recently provided with documents related to the agreement, before it was officially discussed at the NA last week. Initially, the deal was formed in 2005 as the Trans-Pacific Partnership (TPP) by Brunei, Chile, New Zealand and Singapore. The US joined the TPP in 2008, and Vietnam quickly followed suit. In January 2017 the US withdrew from the deal, which was then inked in March 2018 under the new name of the CPTPP. “Why was Vietnam invited to join the TPP, though its per capita income is only $2,380, while the average of other member states is $30,000?” asked Ngan, who is also a senior economist. “I think member … [Read more...] about Vietnam gets to grips with CPTPP
The Hanoitimes - Many foreign manufacturers in China are speeding up plans to move their factories from China to Vietnam in a move to take advantages here and avoid impacts of the US-China trade conflict. Vietnam is establishing itself as the industrial powerhouse in Southeast Asia According to Frederick Burke, general director of law firm Baker McKenzie Vietnam, in recent months, his firm has received many Chinese business delegations, who want to promote the opening of factories in Vietnam to shift their production from China to the Southeast Asian nation as soon as possible in a move to avoid a 25 percent tax rate imposed by the US on Chinese goods. Explaining why the manufacturers choose Vietnam, Burke said that Vietnam is not only a garment outsourcing address for the world but is stepping up its position in the global supply chain now. In fact, the outsourcing cost in Vietnam has increased, so investors here are looking for more value-added forms, such as supply chain … [Read more...] about Foreign manufacturers rush to relocate production from China to Vietnam