Shortage for demand and supply

Hardy Diec, Managing Director of FedEx Express Indochina. Photo by FedEx Express What’s the status quo with the logistics industry? Supply chains have never been more important. More than that, reliability and accuracy in these supply chains have now become even more paramount. During this pandemic, the logistics industry has proven to be vital, whether in delivering critical healthcare shipments including vaccines and medicine, or delivering huge volumes of e-commerce shipments to end consumers. The pandemic has shifted consumer behavior greatly. The boom in e-commerce will continue to be a powerful engine of the global economy. We’re witnessing how essential supply chains are to business survival, success and growth - they are not just an opportunity to reduce cost. Businesses are rethinking their supply chains, moving to a "just in case" approach for inventory management to counter unplanned scenarios. Being able to receive products and critical components either by … [Read more...] about Innovative logistics models in great demand: FedEx director

Empty fish sauce containers at Ba Hai fish sauce factory Currently, dozens of fish sauce production facilities are having hundreds of empty fish salt containers, the traditional fish sauce craft village has been facing risks of production stoppage, and the supply of traditional fish sauce products is in danger of being disrupted in the area. In the context that the consumption of traditional fish sauce is increasing strongly when the country’s economy in general and tourism, in particular, recover after the pandemic, the shortage of fish for fish sauce production is alarming as scores of fish sauce production establishments in Phan Thiet city have been awaiting fish supply. From the beginning of the year until now, about 40 percent of the fish sauce containers at Ba Hai traditional fish sauce factory in Phu Hai Ward in Phan Thiet City has been empty because there is no source of anchovies for the production of fish sauce, a staple found on tables up and down the country. … [Read more...] about Traditional fish sauce craft village facing risks of production stoppage

Many workers hustled to make products at Anh Dao Cooperative in Da Lat City At the fruit and vegetable processing zone on Xo Viet Nghe Tinh Street of Anh Dao Cooperative in Da Lat City, many workers hustled to make products. According to the process, agricultural products are harvested from the gardener, then they are brought directly to the warehouse to be classified according to each product that has been ordered in advance. Each product will have its own way of preliminary processing and packaging, but the common point is that they are all classified from the source so that when they go to the place of consumption, they will limit the need to select products and limit the source of agricultural waste. Ms. Uyen of Anh Dao Cooperative said that cabbage vegetables need to be wrapped in paper to avoid being crushed and damaged when they are transported to supermarkets in Ho Chi Minh City. Each year, this unit supplies hundreds of thousands of tons of vegetables and fruits to the … [Read more...] about Lam Dong and HCMC connect to sell agricultural products

A view of HCM City. Many banks have temporarily ceased lending to the property sector. — Photo vneconomy.vn Deputy Governor of the State Bank of Viet Nam, Dao Minh Tu, announced at the Government’s March press conference that credit growth in the first quarter of the year had been 5.04 per cent, much higher than the 2.16 per cent rise in the same period last year. He described it as a “quite positive result” that showed the economy had made a significant recovery with people’s lives and businesses returning to normal thanks to the Government’s effective measures against the COVID-19 pandemic. According to a report by the SBV’s HCM City office, credit growth in the country’s main economic hub was estimated at 3.65 per cent in the first quarter. The positive performance has encouraged many banks to set high goals for the full year. At its annual general meeting on March 16, VIB approved a growth target of 30 per cent, much higher than the cap of 14 per cent set by the central … [Read more...] about Not lending to property sector will have mixed effects: analysts

The launching ceremony of AWS re/Start, a programme that helps unemployed and underemployed people learn cloud computing skills and connect participants with employment opportunities. — Photo Courtesy Amazon Web Services AI Education and Cloud Kinetics have recently announced a tie-up with Amazon Web Services for providing free cloud computing skills and job training through AWS re/Start. The 12-week virtual training programme will help unemployed and underemployed people learn cloud computing skills and connect participants with employment opportunities. The first AWS re/Start cohorts taught virtually by AI Education instructors begins in May in HCM City and Ha Noi. Upon completion, Cloud Kinetics will help the graduates by connecting them with employers such as Orient Commercial Joint Stock Bank for entry-level cloud roles such as cloud operations, site reliability, infrastructure support, and technical adjacent business support functions. Bung Tran, co-founder and … [Read more...] about Free AWS re/Start cloud skills training programme launched in Viet Nam