Why russia supports syria

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

Moscow (VNA) - Russia will lift a travel ban for Finland, Vietnam, India and Qatar, with flights to these countries set to resume on January 27, according to the Russian Government. "For citizens of four more countries - Finland, Vietnam, India and Qatar - the restrictions on entering Russia, which were introduced over the coronavirus spread, will be lifted," the Russian News Agency TASS cited a statement from the Russian cabinet’s press service as reporting. The citizens of these nations and those who have a residence permit there will be allowed to fly to Russia. "In their turn, Russians will be also able to fly to any of these countries," the statement said. On January 16, the Russian anti-coronavirus crisis center announced a decision to resume international flights with the above mentioned states on a mutual basis. Flights will be carried out to Vietnam (Moscow-Hanoi), India (Moscow - New Delhi), Finland (Moscow-Helsinki and St. Petersburg-Helsinki) twice a week and to … [Read more...] about Russia lifts travel ban for Finland, Vietnam, India and Qatar

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry

Vietnam has become an important cog in regional and global economic connectivity, joining a number of important free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), thereby creating a new driving force for development. Regarding the East Sea issue, Ivanov wrote that Vietnam has successfully pooled regional and external support on the issue at global and ASEAN meetings. At the same time, it maintained normal economic activities on legitimate waters within its exclusive economic zone. In the near future, Vietnam’s multilateral diplomacy will focus on shouldering roles in ASEAN and the UN Security Council. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation

Russia’s AVG Capital will develop a complex of pig farms in Thanh Hoa Covering an area of 1,000 hectares, the complex is designed to produce five million pigs a year. The complex will boast 43 commercial pig farms and three hybrid pig farms, a mixed feed factory with a capacity of two million tonnes per year, as well as a slaughterhouse and processing plant with a capacity of 600,000 tonnes a year. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa