A delegation of Danish firms in agriculture and food sector is paying a visit to Hanoi & Ho Chi Minh City from August 16-19 to exchange opportunities for cooperation with their Vietnamese potential partners. The delegation comprises 13 companies who are leading in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions. The main purpose of the delegation is to share experiences and introduce world leading and well-proven Danish solutions in agri-food production and to look for opportunities to cooperate with Vietnamese agri-food companies. Speaking at a seminar themed 'Danish experiences and solutions in sustainable agri-food production' held on August 19 in Hanoi, Trade Counsellor of the Embassy of Denmark, Troels Jakobsen, said that Danish agri-food industry for many years had continuously invested in new production equipment and solutions that boost production yield and improve product quality but at the same … [Read more...] about Denmark and Vietnam strengthen co-operation in the agri-food sector
Street food in hanoi
Hanoi maintains attractiveness towards foreign investors
A corner of Hanoi (Photo: VNA) Hanoi (VNA) – The capital city of Hanoi ranked third among cities and provinces nationwide in foreign direct investment (FDI) in the first seven months of this year with 979.7 million USD, affirming its attractiveness to foreign investors. According to local authorities, this is the result of the city’s efforts to ensure an open and smooth investment and business environment and administrative procedures. Vice Director of the municipal Department of Planning and Investment Nguyen Ngoc Tu said that since the beginning of this year, the city has applied various measures to speed up socio-economic recovery and development. As a result, it has seen increases in many economic indicators in the January-July period, including budget collection of 213.16 trillion VND (9.11 billion USD), fulfilling 68.4% of its yearly target, and equivalent to 116% of the figure recorded in the same period last year. At the same time, the city’s export revenue … [Read more...] about Hanoi maintains attractiveness towards foreign investors
Moon cake brands prepare for upcoming mid-autumn festival
Customers buy moon cakes at a store in HCMC. (Photo Courtesy of KIDO Group) The market this year is forecast to be a special year as last year's festival was affected by the Covid-19 pandemic so sellers could not set up booths to sell moon cakes as usual. Food producer KIDO Group this year plans to sell over 300 tons of moon cakes under KIDO’s Bakery brand. The company said that KIDO’s Bakery moon cakes will hit the market from the beginning of this month. The cakes will be sold in both online and offline channels. Online, the cakes will be available on Lazada, Tiki, and Shoppe, and offline at nearly 600,000 KIDO stores and the Chuk Chuk tea and coffee beverage chain in Ho Chi Minh City and Hanoi. To date, the company has received orders from many companies and organizations who buy the cakes as presents for their staff and partners. Mondelez Kinh Do Vietnam announced that to ensure its moon cakes reach consumers easily, safely, and conveniently, this year, the company … [Read more...] about Moon cake brands prepare for upcoming mid-autumn festival
Rice exports up but prices down in seven months
Despite a hike on export turnover, the average export price drops 9.6% in the first seven months of 2022. Illustration. (Photo: VNA) Hanoi (VNA) – Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over 1.99 billion USD, up 17.3% and 6%, respectively, against the same period last year, customs data shows. Despite a hike on export turnover, the average export price dropped 9.6% during the period to 488.9 USD per tonne. It is likely that rice prices will not increase in the coming time as a result of low demand and abundant supply from major exporters. Generally, the market is currently weak, with low purchasing power, said Nguyen Van Don, Director of Viet Hung Co., Ltd, a food exporter based in the Mekong Delta province of Tien Giang. Since the start of this year, Vietnam mostly exported to the Philippines while shipments to China declined significantly. Exports to other markets, though stable, remained small, he … [Read more...] about Rice exports up but prices down in seven months
Partnerships key to green transition
While 2020 was one of the warmest years on record globally, Vietnam has just gone through another historical year of climate extremes. Last November was also decisive for the future of the planet as countries officially submitted their climate pledges at the COP26 climate summit. Dao Xuan Lai, head of Climate Change and the Environment at the United Nations Development Programme (UNDP) in Vietnam We see a skyrocketing demand for natural resources while witnessing the collapse of functioning ecosystems. You only need to drive a couple of hours outside of Hanoi towards Ninh Binh province with its iconic limestone clasts, synonymous with the beauty of northern Vietnam, to see these emblematic features being devoured by machinery to be used for stone mining and cement production. By 2050, global demand for materials such as plastics, steel, or cement is projected to increase by a factor of 2-4. More than 50 per cent of the world’s emissions can be traced back to our … [Read more...] about Partnerships key to green transition
Equality creates opportunities for changes
Local residents in Tu hamlet, My Long Nam commune, Cau Ngang district, Tra Vinh province sit together to seek ways for economic development. (Photo: Vietnam+) Hanoi (VNA) - After each discussion session, local farmers both men and women can find a solution to their economic livelihood thanks to their direct contribution to that process. “Siphon shrimp” remain a headache Shrimp farmers have a “headache” from dealing with tonnes of moulting shrimp dying every day. (Photo: Vietnam+) “Local farmers have a lot of headaches from dealing with Siphon shrimp,” said Sanh. “Every day, tonnes of these shrimp can’t be sold to traders because they are so weak. Oversupply makes their price fall to just 10,000 VND per kilo, but still they can’t be sold.” This problem has concerned members of the Dong Tien cooperative and shrimp farmers in Tu hamlet for a long time, he explained. Shrimp farmers are still to identify an effective method to take advantage of these shrimp. In fact, … [Read more...] about Equality creates opportunities for changes
Ho Chi Minh City’s foreign enclaves settle into ‘new normal’
Since Vietnam officially declared the COVID-19 pandemic under control earlier this year, foreign enclaves in Ho Chi Minh City have, once again, begun to bustle, with old stores resuming their operations and new shops opening every day in commercial spaces that sat unoccupied for months on end. Once Vietnam dropped its on-arrival COVID-19 testing requirement for foreign travelers and reopened its international air routes in mid-May, the number of foreigners entering the country began to increase, paving the way for foreign enclaves in Ho Chi Minh City to return to their pre-pandemic life. In Tan Phong Ward, District 7, home to a significant portion of the South Korean community in Ho Chi Minh City, many stores that shut down between late 2020 and early 2022 are once again open for business, and new shops are moving into commercial spaces that have sat empty for months. Kim Yong Min, a South Korean national living in District 7, shared that his eyeglasses stores, which mainly … [Read more...] about Ho Chi Minh City’s foreign enclaves settle into ‘new normal’
Lockdown in Nha Trang leaves beach town desolate
The roundabout in downtown Nha Trang, a top beach destination in the central province of Khanh Hoa, stands idle, allowing a breath of fresh air to pass through the usually congested intersection. Since July 9, the 252-square-kilometer beach town of over 500,000 people entered a 14-day social distancing campaign under government Directive 16, which bans gatherings of more than two people in public and asks people to only leave home for emergencies, buying food and medicine, along with working in factories, production facilities and businesses involved in "essential" goods and services. April 2 Square in front of the 12-kilolometer-long beach on Tran Phu Street is virtually deserted, contrary to crowded scenes during previous holidays. The central square, surrounded by luxury hotels and high-rise buildings, is one of the iconic spots in town. A sanitation worker cleans up the deserted coast along Tran Phu Street, a … [Read more...] about Lockdown in Nha Trang leaves beach town desolate