Viet Nam is a potential market for Australian table grapes because of its growing middle class, rapid economic growth and the increasing purchasing power of Vietnamese consumers. The statement was made by Yvonne Chan, Australian Deputy Consul-General and Senior Trade Commissioner to Viet Nam, at a seminar in Ha Noi on Thursday. The event was organised to cement existing trade relations and build new partnerships among Australian table grape exporters and Vietnamese importers. Table grapes are produced in all Australian states, with the majority grown in Victoria. Of the country’s roughly 1,000 table grape growers, most are small-scale, family owned businesses. Australia plants an average volume of 170,000 tonnes of table grapes each year, 62 per cent of which is exported to 42 countries and territories, Chan said. Viet Nam is the 7th largest importer of Australian table grapes with a 4 per cent share, following China (38 per cent), Indonesia (15 per cent), Japan (10 per cent), … [Read more...] about Australia to boost VN trade ties through table grapes
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Lending interest rates on the rise at VN banks
VP Bank has made a 0.5-1.0 percentage point increase on loans at all terms. - VNA/VNS PhotoViet Nam News HÀ NỘI – Interest rates for Vietnameseđồng loans have increased in the past two months after holding steady in the first half of the year. Reports from the Ho Chi Minh Securities Company showed that the rates rose by 0.46 percentage points against the end of last year to 7-9 per cent per year for short-term loans and 9-12.5 per cent for medium and long-term loans. The reports named some banks such as Agribank, Military Bank, Sacombank, VP Bank and ACB, which have adjusted rates upwards in the past two months. Agribank has increasedthe rates on short-term loans by 0.2 percentage points and 0.7-1.3 percentage points for medium and long-term loans. Sacombank and VP Bank have made a 0.5-1.0 percentage point increase on loans at all terms while Military Bank has adjusted up the rates by 0.95 percentage points on short-term loans. ACB also hiked the … [Read more...] about Lending interest rates on the rise at VN banks
VN eliminates lymphatic filariasis
Viet Nam News HÀ NỘI — The World Health Organisation (WHO) has announced that Việt Nam has eliminated lymphatic filariasis as a public health problem. According to the WHO, lymphatic filariasis is an infection transmitted to humans by mosquitoes. The painful and profoundly disfiguring visible manifestations of the disease – lymphoedema, elephantiasis and scrotal swelling – occur later in life and can lead to permanent disability. Patients are not only physically disabled but also suffer mental, social and financial losses contributing to stigmatisation and poverty. WHO said elimination of lymphatic filariasis is possible by stopping the spread of infection through large-scale treatment (called mass drug administration) delivered in annual doses to all at-risk individuals in endemic areas. The medicines have a limited effect on adult parasites but effectively reduce the density of microfilariae in the bloodstream and thus prevent the spread of … [Read more...] about VN eliminates lymphatic filariasis
Rapid urbanization worsening environmental dangers in VN
VietNamNet Bridge – The Asian Development Bank (ADB) said urbanization in Vietnam has been proceeding very quickly, as seen in the expansion of the administrative boundary of Hanoi and HCM City, where formerly agricultural land is now being used for industrial, trade and service activities. The urbanization in Vietnam has been proceeding quickly Dr of Planning and Urban Design Nguyen Luu Bao Doan said that Vietnam’s economy grows on two ‘pillars’ – Hanoi and HCM City. The two cities can enjoy amenities at lower costs and higher life quality than other cities/provinces. Hanoi and HCM City are also the localities that foreign businesses consider first when they want to set up head offices. The high population density in the two urban areas provides daily services, such as electricity, water, waste water treatment and public transport, at lower costs than in rural areas. The rapid population increase during urbanization leads to many problems, … [Read more...] about Rapid urbanization worsening environmental dangers in VN
VN and Japan to jointly produce horror movie
Silver scream: Japanese director Kazuhisa Yusa directs an actor on set. He will direct Gameshow Tử Thần, a joint production by Việt Nam and Japan. — Photo thegioidienanh.vnViet Nam News HÀ NỘI — Việt Nam will for the first time co-operate with Japan to produce a horror movie about zombies, entitled Gameshow Tử Thần (Game Show of Death). The film is a remake of famous Japanese horror flick St. Zombie Girls’ High School. The film tells the story of four beautiful and famous Vietnamese girls entering the final round of a Japanese gameshow with a top prize of US$100,000. They move together to a school in Tokyo, following a tough training regime and strictly following the rules of the contest. As soon as they enter the school, they begin to encounter strange and mysterious phenomenon. Gameshow Tử Thần is directed by famed Japanese director, Kazuhisa Yusa, who is known as a master of visual effects. Some films … [Read more...] about VN and Japan to jointly produce horror movie