business

Cashew processed for exports (Photo: VNA) Binh Phuoc (VNA) – Advanced technology application is put at the first line of solutions to improving the quality of cashew processing, heard a conference held in the southern province of Binh Phuoc on December 14. Attending the event, Do Thi Minh Tram, Deputy Director of the Agency for Regional Industry Development under the Ministry of Industry and Trade, said that Binh Phuoc, dubbed as the country’s cashew capital, should pay special attention to ensuring  cashew farming is sustainable and stable. Improving management capacity and human resources quality together with diversifying cashew products, and applying clean production technology should help reduce processing costs, she suggested. According to Vu Duy Khien, director of the provincial industrial promotion and development consulting centre, the province is housing more than 134,000 hectares planted with cashew, which generate an average output of nearly 150,000 … [Read more...] about Conference looks to improve cashew processing quality

At the event (Source: VNA) HCM City (VNA) - Young entrepreneurs and leaders from the ASEAN member nations and those from the Republic of Korea (RoK), Japan and China - the dialogue partner countries of the group, joined a discussion on experience, opportunities and challenges in hi-tech agriculture startups. Held in Ho Chi Minh City on December 15 as part of activities of the ASEAN Plus 3 Young Entrepreneurs Forum, the event focused on creative startups models in term of hi-tech agriculture. Kevin San Miguel Cuevas, the founder and CEO of Tahan.PH of the Philippines said his firm is working to help tourists understand more about his country’s culture and cuisine. Tours enable tourists to visit plantations of specific fruits and vegetables of the Philippines, while enjoying and buying high-quality agricultural products processed with modern technology, he noted. Meanwhile, representatives from Thailand shared information related to a startup model with rubber-made pillow … [Read more...] about ASEAN Plus 3 young entrepreneurs share startups experience

At the working session (Photo: vov.vn) Kon Tum (VNA) – Kon Tum is calling for capable investors and firms to run long-term business in the Central Highlands province and accompany local authorities in developing the green economy, protecting the environment and combating climate change, a local official said. Le Ngoc Tuan, Permanent Vice Chairman of the provincial People’s Committee, made the remarks at a meeting with representatives of 20 businesses from the Republic of Korea (RoK) and local enterprises on December 15. He briefed the businesspeople on the province’s potential, strength and resources in such areas as pharmaceutical and agricultural product processing, and tourism, as well as incentive mechanisms for investors. With favourable geographical location, diverse natural resources, distinctive culture and soil and climate conditions, Kon Tum aims to attract investments in high-tech agriculture, herbal medicine, tourism and urban development, Tuan … [Read more...] about Kon Tum introduces investment opportunities to RoK firms

Dak Nong (VNA) – More than 100 businesses from 13 cities and provinces nationwide, and some others from Cambodia’s Mundulkiri province are displaying their products at the Vietnam-Cambodia international trade fair. The fair that opened in Gia Nghia town, Vietnam’s Central Highlands province of Dak Nong on December 14, accommodates 300 booths introducing achievements in industry, agriculture and trade. Apart from local specialties, the fair also showcases scientific and technological products and achievements, along with machines and equipment in service of production in different spheres. It also has several booths featuring socio-economic achievements Dak Nong has recorded since the province was established 15 years ago. During the fair, domestic and foreign businesses are expected to sign contracts and engage in trade promotion activities held by the host province. The fair forms part of activities within the national trade promotion programme in 2018, … [Read more...] about Vietnamese, Cambodian products on display in Dak Nong

According to the General Department of Vietnam Customs, since Vietnam officially became the Association of Southeast Asian Nations (ASEAN) membership in 1995, goods trade relations between the country and ASEAN member nations have been developed strongly. The goods trade value between Vietnam and ASEAN nations totaled US$49.53 billion in 2017, up 19.6 percent over 2016 and accounting for 11.7 percent the country’s total export import turnover. ASEAN is the fourth largest export market of Vietnam after the EU, the US and China. In 2017, the cargo export turnover of Vietnamese firms to ASEAN hit $21.51 billion, increasing 23.9 percent over 2016 and making up 10.1 percent of the country’s total export turnover. Major export items are phones and parts, computers-electronic products and components, steel, machine-equipment-components, transport means and components, garment and textile, crude oil and petrol. In the opposite direction, Vietnam’s import from ASEAN was worth … [Read more...] about ASEAN, Chinese markets: lot of room for Vietnamese goods