Vietnam’s agricultural sector records progress Over the past years, Vietnam’s agricultural sector has reaped marked achievements, helping ensure national food security. Vietnamese staples such as coffee, rice, rubber, cashew nuts, pepper, fruit, seafood, wood and timber products have gained firm foothold in the global market. Statistics show that the sector’s gross domestic product (GDP) grows about 2.5 percent while its production value expands by 2.73 percent each year. During the 2013-2017 period, the sector’s total export turnover reached 153 billion USD, with 36.2 billion USD earned in 2017. Seven out of the 10 major products saw export turnover exceeding 1 billion USD. To create impressive changes in agricultural production, the Vietnam Farmers’ Union (VFU) has signed a cooperation programme with the Ministry of Science and Technology, under which the two sides join hands in implementing scientific and technological tasks … [Read more...] about BUSINESS NEWS IN BRIEF 12/12
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BUSINESS NEWS IN BRIEF 11/12
Firms promote Vietnamese handicrafts in Italy Nearly 40 Vietnamese firms are introducing their handicraft products like rattan, brocade and earthware items at the 2018 L'Artigiano in Fiera in Milan, Italy. The 23rd edition of the L’ Artigiano in Fiera takes place from December 1-9. It is an international industry event that’s been celebrating artisans across the world and their creations for more than 20 years. The event is also a rendezvous for Vietnamese handicraft businesses to promote their goods, such as rattan and bamboo products, brocades to international customers in recent years. In addition, Vietnam’s conical hat is featured in the fair’s promotional video this year. Trade Counsellor of the Vietnamese Embassy in Italy Nguyen Duc Thanh said the L'Artigiano in Fiera offers opportunities for Vietnamese firms to promote their products and study market demand, as well as learn experiences in production and design to meet the demand of consumers … [Read more...] about BUSINESS NEWS IN BRIEF 11/12
BUSINESS NEWS IN BRIEF 10/12
Fayfay.com announces strategic partnership with Ho Chi Minh City tourism Hong Kong-based Fayfay.com on December 6 announced that it signed a Memorandum of Understanding (MoU) with the Ho Chi Minh City Tourism Promotion Centre to promote tourism in Vietnam, with a special focus on the city. The MoU was signed by Tran Ngoc Dong Quan, deputy director of the Ho Chi Minh City Tourism Promotion Centre, along with Kingston Lai and Kelvin Wu, the co-founders of Fayfay.com, at Bep Nha Luc Tinh Restaurant in Ho Chi Minh City, in the presence of industry experts and members of the media. “Ho Chi Minh City is an important destination on Fayfay.com and we look forward to partnering with the Ho Chi Minh City Tourism Promotion Centre to showcase the city’s vibrant architecture, rich culinary scene, and authentic local experiences,” said Lai. “We believe strategic joint promotional activities with the Tourism Promotion Centre will enable us to leverage our online platform and … [Read more...] about BUSINESS NEWS IN BRIEF 10/12
World News in Brief: December 6
* Indonesian President Joko Widodo on December 5 ordered the military and police to arrest those responsible for the recent killing of construction workers and a troop in Papua province. Widodo reiterated the trans-Papua project would continue despite deadly challenges from insurgents. * An F/A-18 fighter jet and a KC-130 tanker plane belonging to the Marines collided and crashed off Cape Muroto of Japan's western coast early on December 6, with six of the seven crew members still missing, the Marines and Japanese Defense Ministry said. * Turkish Foreign Minister Mevlut Cavusoglu on December 5 said Turkey may call for an international probe if a deadlock is reached on the Jamal Khashoggi case, state-run Anadolu Agency reported. * Chinese President Xi Jinping's latest trip to Europe and Latin America boosted China's ties with cooperation partners and steered global economic governance on the right path, Chinese State Councilor and Foreign Minister Wang Yi has said. * Russian President … [Read more...] about World News in Brief: December 6
World News in Brief: December 5
* Russia fully adheres to the provisions of the Intermediate-Range Nuclear Forces (INF) Treaty, which the United States knows well, Russian Foreign Ministry said Tuesday (December 4), in response to the latest statements by the United States and its allies that urged Moscow to return to full compliance with the agreement. * The Armed Forces of the Philippines (AFP) will create an infantry division that mainly hunt down the elusive Abu Sayyaf militants in the southern Philippine Sulu province, the Philippine defense chief said on Tuesday. * At the meeting in Havana on December 4 between Raul Castro, first secretary of the Central Committee of the Communist Party of Cuba and Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK), the two sides called for strengthening bilateral ties. * Some US senators said on December 4 that CIA chief should brief full Senate on the death of Saudi journalist Jamal Khashoggi, after a … [Read more...] about World News in Brief: December 5