The online shopping platforms and delivery services are predicted to witness a growth acceleration in both shopper base and incremental spending by attracting new shoppers who have never shopped online, and by increased or upgraded spending from existing online shoppers. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
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In a fresh development, more international groups are waiting for Vietnam’s DPP mechanism including ABB. Especially, the private sector could see more chances to invest into the national electricity transmission system. These new points came as Vietnam is faced with challenges to ensure energy while also complying with the government’s objectives of reducing greenhouse gas emissions by promoting renewable energy and energy-efficient technologies. … [Read more...] about Energy strategy fit for private backers
Deputy PM Đam asked that the law enforcement continually updated its list of precursors, psychotropic substances and narcotic drugs in line with three United Nations treaties that constitute the international law framework of global drug control: the Single Convention on Narcotic Drugs, 1961, as amended by the 1972 Protocol; the Convention on Psychotropic Substances, 1971, and the Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, 1988. … [Read more...] about Việt Nam should not become drug transit route: PM
Hanoi (VNA) - Vietnamese carriers saw significant drops in the number of passengers in February due to the COVID-19 outbreak. According to statistics from the Civil Aviation Authority of Vietnam (CAAV), Vietnamese carriers transported a total 3.7 million passengers in February, representing a drop of 13.7 percent against the same month of 2019. The number of international passengers saw a drop of 39.5 percent to just 870,000, while domestic passengers slightly decreased by 0.7 percent to 2.8 million. With regards to the Chinese market, three Vietnamese carriers – Vietnam Airlines, Vietjet and Jetstar Pacific – and Chinese carriers had to cancel 80 flights between the two countries per day. Vietnam Airlines reported that it had to cancel 1,000 flights to/from China in February and the damage was estimated at around 250 billion VND (10.7 million USD) each week, adding that it was facing with a lot of difficulties due to the COVID-19 epidemic. The airline saw severe … [Read more...] about Vietnamese carriers’ passenger figures suffer from COVID-19 outbreak
Take the case of Ms. Nguyen Thi Thanh Dung as an example. Giving up the job of a white-collar officer, she came back to her home in the suburban district of Cu Chi and started up a hi-tech orchid farm of her own. She spent months after months visiting successful orchid farms in the nation to gain more expertise and tips. Then she boldly applied for a preferential loan from her district to buy seeds as well as proper equipment. Thanks to implementing advanced technologies, she is able to save much overhead cost on her 15,000-square-meter farm while earning around VND200-300 million (approx. US$8,618 – 12,920) per month now. Presently, she is researching new automatic systems to spray pesticide for her trees. … [Read more...] about Hi-tech agriculture in HCMC enjoys promising results