(VOVworld) –The model of lending based on production link groups has helped thousands of farmer households in Tay Ninh province escape poverty and make their fortunes. Through the model, which is jointly organized by the provincial Farmers’ Association and the Bank for Agriculture and Rural Development, or Agribank local farmers can promptly access banking loans while the capital has been used more effectively. The production link group also enables farmers to exchange their experiences in production and trading. In Phuoc Hoi hamlet, Duong Minh Chau district, Vo Van Ten, known as Nam Ten, is famous for doing business successfully, earning 90,000 USD a year. During the initial days, he had just one hectare of farming land inherited from his parents. Nam Ten said his current property is partly thanks to banking capital resources. “Whatever you raise or grow, you must have land. I like to plant timber most. My business has developed well thanks to the assistance … [Read more...] about Tay Ninh farmers make a fortune thanks to loans based on the production link group model
Product development group
Corporate Culture and Sustainable Development The Mobilisation Board for the Vietnam Corporate Culture Development Association, in collaboration with Tam Viet Group under the leadership of the Central Propaganda Department, the Ministry of Industry and Trade, the Vietnam Chamber of Commerce and Industry (VCCI) and the Central Council for Reasoning and Criticising Literature and Arts, recently organised a seminar on "corporate culture and sustainable development". The workshop highlighted the importance of building, nurturing and developing corporate culture values in the process of national industrialisation, modernisation and international integration. Speaking at the meeting, Dr Vu Tien Loc, VCCI President, affirmed that corporate culture is not a new notion. Corporate culture has been mentioned in business activity for long but now it becomes increasingly important in modern society. To live through current difficulties and achieve sustainable development, enterprises must pay … [Read more...] about Corporate Culture and Sustainable Development
VietNamNet Bridge - Like Apple’s products, which bear the words “Designed by Apple and assembled in China” on their backs, BPhone shows the words “Designed by BKAV - Made in Vietnam”, which has raised curiosity. Related news BPhone gets a “like” from domestic netizens Vietnamese doubt that BPhone is made in Vietnam. And they have every reason to be doubtful about BKAV’s statement that it is a 100 percent Vietnamese made product. There are many smartphone models bearing Vietnamese brands, but they are, in fact, made in China. This means that Vietnamese companies order Chinese partners to make the products in accordance with their design and import to Vietnam to sell under their brand names. Vietnamese people don’t believe that Vietnamese technologies are advanced enough to create such high-technology products like smartphones. It is obvious that the father of BPhone is a Vietnamese. However, it is unclear if it is a … [Read more...] about Is BPhone a product of Vietnam?
Vietnam’s average labor productivity reached VND93.2 million ($4,259) in 2017, up 6 percent from the previous year, according to the General Statistics Office (GSO). Despite this increase, the country's productivity continues to lag behind many of its Southeast Asian neighbors, and the gap is widening, the GSO said. The Central Institute for Economic Management (CIEM) explained that low-quality labor, outdated technology and an uncompetitive business environment are to blame for the relatively poor performance. In addition, most workers are employed by the agricultural sector, which is an area of low productivity. Dang Duc Anh, head of Analysis and Forecasting at the Ministry of Planning and Investment, said inadequate education and training has resulted in low quality labor. According to the International Labor Organization (ILO), in 2015, less than 20 percent of Vietnamese laborers were properly trained, and many local employees failed to meet the requirements of the … [Read more...] about Vietnam’s productivity lags behind Laos
Addressing the launching ceremony, Phidsanu Pongwatana, managing director of MM Mega Market Vietnam said, “With big changes from the image and store layout to new product development, MM Mega Market Vietnam is advancing food safety by developing safe food supply chains through partnerships with local farmers and suppliers. Our aim is to offer safe and quality food products to consumers.”To achieve this goal, in April 2017, MM Mega Market set in motion a pork platform in the southern province of Dong Nai, purchasing VietGAP-standard pork from over 400 pork farmers from 23 agricultural co-operatives.MM Mega Market currently buys about 250 tonnes of pork each month from farmers in Dong Nai. Going forward, MM Mega Market will continue working with LIFSAP (a World Bank project for animal husbandry competition and food safety) to set in place another pork platform in the north.“We are on the lookout for good farmers and business partners from the northern provinces to build … [Read more...] about TCC Group launches MM Mega Market Thang Long to boost northern business