TH Group imports 1,800 more dairy cows from US Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US’ high-yield dairy cow Holstein Friesian. This is the largest herd of cows that TH has imported from the US so far. The group’s husbandry experts carefully examined standards related to origin, genealogy, genetic potential, appearance, physical strength, potential for milk production and ability to fight diseases in the tropical region. All individuals in the herd weigh 400-500 kg and are expected to produce 12,000 litres per head each 305 days on average. Milk production from these cows will begin in January 2019. According to Tal Cohen, General Director of the TH Milk Food Joint Stock Company - the management unit of the TH dairy cow farm, TH Group imported 1,300 dairy cows from the US in April 2017 for the first time. It also imported … [Read more...] about BUSINESS NEWS IN BRIEF 20/10
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Encouragement from VIR’s partners
Encouragement from VIR’s partners Pereric Hogberg - Swedish Ambassador to Vietnam I met with so many impressive journalists in Vietnam. I think the best thing journalists can do is to try to listen to the real stories, to be open-minded and curious. It is about transparency, openness, curiosity, and being willing to write and discuss failures and challenges, because they are not the same as mistakes. My country, Sweden, has gone through so many failures, but we learned from them. I am most interested in real knowledge. Sometimes, I want to understand more about the fundamentals of the Vietnamese economy, what is really pushing and driving the value of the currency, inflation, and taxes. In Vietnam, it is a bit hard to know who is paying, who is paying what, and what the services are. Phyllis Tan - Senior manager, Investment List Sotheby’s Investment International Realty, Singapore As a foreign company looking to enter Vietnam, we are happy to have access to regular and … [Read more...] about Encouragement from VIR’s partners
BUSINESS NEWS IN BRIEF 6/9
SSI upgrades stock board and order services for Web Trading SSI Web Trading, an online trading service from Saigon Securities, has upgraded its online stock board and updated two more conditional orders for derivative trading. The two new orders, namely OCO and Bull & Bear, are the two most useful orders in derivative trading. With this upgrade, all market data displayed on the board and order screen will be updated consecutively and immediately, helping investors track stock prices and follow transactions quickly and accurately. In June, SSI also upgraded its Web Trading by adding four more types of conditional orders. The continuous upgrades to the platform demonstrates SSI’s efforts in providing diversified, efficient trading tools for profit maximisation and risk prevention for clients when practicing derivative trading. With two new conditional orders, OCO and Bull & Bear, SSI has six types of conditional orders, including Up, Down, Trance Up, … [Read more...] about BUSINESS NEWS IN BRIEF 6/9
BUSINESS NEWS IN BRIEF 24/8
20th edition of Vietfish expo opens in HCM City The country’s premier fisheries expo, the Viet Nam Fisheries International Exhibition, returns to HCM City 30 per cent larger than when it debuted in 2008.The event, hosted by the Viet Nam Association of Seafood Exporters and Producers (VASEP), opened on August 22 at the Sai Gon Exhibition and Convention Centre in District 7.In its 20th edition this year, the annual event, with the theme “Asia’s Home of Seafood”, has attracted 233 exhibitors from 14 countries and territories.The organisers said the exhibition this year has been expanded by nearly 200sq.m from last year with 7 per cent more exhibitors.Vietnamese companies are once more showing off their potential as leading fisheries exporters.Some 66 per cent of the exhibitors are domestic, organisers said.Of the participants, 55 per cent are in aquaculture and services while the remaining 45 per cent sell machinery and equipment, chemicals, … [Read more...] about BUSINESS NEWS IN BRIEF 24/8
Innovating thinking in tourism
In order to develop tourism into a key economic sector in the context of Industry 4.0, the Vietnam National Administration of Tourism (VNAT) has emphasised that it is necessary to change the way of thinking about tourism, such as managing, dealing with resources, and organising business to serve and communicate with tourists. The reality is showing positive change. The positive marks Visitors using automatic interpretation services at the Van Mieu - Quoc Tu Giam (The Temple of Literature) relic In July, the VNAT officially launched a new website promoting international tourist markets, at www.vietnam.travel, with a modern interface, compatible with international websites promoting tourism. As part of its digital marketing strategy, Vietnam is introduced as an attractive destination for travellers from around the world. The website provides practical information on destinations, visa processing procedures, festivals and other major events in Vietnam, helping … [Read more...] about Innovating thinking in tourism