Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Siemens industry support
Hanoi promotes science-technology in agricultural production
Hanoi (VNS/VNA) - Science and technology are key to agricultural production, allowing for increases in the capacity and quality of products and improving farmers’ lives. For many years, Hanoi has focused on solutions to promote the transfer of science and technology to farmers. However, to make science and technology the leverage for sustainable agricultural development, more supportive mechanisms and policies are needed, as well as the participation of the authorities. Thanks to the application of science and technology in production, Kim Son commune in Gia Lam district has become the capital city’s hub for growing high quality bananas. “My family grew more than 200 trees of the South African banana variety and earned over 250 million VND (11,000 USD) per year on average,” Nguyen Trong Nghia , a banana farmer, told Ha Noi Moi (New Hanoi) newspaper. “We were planting bananas as per the VietGAP process, which raised consumption,” said Nghia. … [Read more...] about Hanoi promotes science-technology in agricultural production
VIMC strives to become regional brand name
Since the beginning of 2020, the Covid-19 pandemic has had a considerable impact on the maritime market, freezing global trade and travel and leading to sharp decreases in shipping revenues. In this context, VIMC’s development plan focuses on three fields - seaport operations, shipping and logistics services. The corporation aims to reach shipping volume of over 18 million tonnes, cargo volume at seaports at nearly 139 million tonnes, revenue of VND10.771 trillion, and consolidated profit of over VND1.23 trillion. … [Read more...] about VIMC strives to become regional brand name
Additional US$1 million fund established to aid startups in Binh Duong
According to Di An Town Party Chief Bui Thanh Nhan, the town party committee has been determined to complete goals set at the Party Congress in the 2020-2025 term. Moreover, the party committee has been carried out breakthrough programs to get the recognition of the second-class town in the end of 2021 and the first-class town in 2025. … [Read more...] about Additional US$1 million fund established to aid startups in Binh Duong
