Korean health industry development institute

Hanoi (VNA) – An event took place in Hanoi on June 9 to help promote the domestic consumption of tra fish products, a major foreign currency earner that has been hit hard by impact of the COVID-19 outbreak. Addressing the event, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said after more than 20 years of development, the tra fish sector has reaped encouraging outcomes with 6,000ha of farming areas generating 2.5 billion USD in annual export value. However, he noted, aside from expanding export markets, businesses also need to pay attention to the domestic market so as to boost production and ensure more stable prices for tra fish products. Cuong explained that a strong domestic market will help ease the pressure on export, raise export prices, and stimulate production. Local consumers will also have more options to choose. Vietnamese tra fish has been shipped to 119 markets around the world.  On November 1, 2019, the US Department of Agriculture … [Read more...] about Tra fish industry strives to win over domestic consumers

According to VLA Vice President Dao Trong Khoa, the association has an initial agreement with FPT Corporation and the Vietnam Digital Agriculture Association (VIDA) to establish a community technology company for development of a platform to connect available technology applications. … [Read more...] about Hastening digital transformation in logistics industry

Hanoi (VNA) – Indonesian President Joko Widodo has called on the G20 economies to help developing and underdeveloped nations recover from the COVID-19 pandemic and economic downturn. Accompanied by Foreign Minister Retno Marsudi, Widodo made the remarks when attending the first day of the G20 Summit via video conference from the Presidential Palace in Bogor, West Java, on November 21 evening. The President reminded the UN Secretary-General's statement on the need for strong solidarity for developing countries, Widodo was quoted by the foreign minister as saying. He said without the assistance of the G20 countries, developing and underdeveloped countries will not easily recover from the pandemic and economic downturn, according to Marsudi. The President said that the United Nations Conference on Trade and Development (UNCTAD) has requested financial support of 2.5 trillion USD so that developing countries are able to get out of the economic downturn, Marsudi said. Widodo … [Read more...] about Indonesia calls on G20 economies to assist developing countries

Nguyen Phuong Dong, Deputy Director of Ho Chi Minh City’s Department of Industry and Trade, said China has retained its position as the city’s largest export market, with US$3.97 billion  worth of goods shipped there during the reviewed period. This figure represents a rise of 38.5% on-year and accounts for 25.7% of the city’s total exports, followed by the United States and Japan. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 11

Thus, with the latest move of injecting capital into Gojek, Facebook may be nursing aspirations of dominating Southeast Asia where the market is shaped by Singaporean e-commerce giant Shopee and ride-hailing platform Grab. Meanwhile, Gojek is a big counterpart in the area, so using the Indonesian player as a jumping board to enter the market is a good choice. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 14