Hanoi Plastics Joint Stock Company is focusing to invest in precision mechanic s and mould production.(Photo courtesy of the firm) Hanoi (VNS/VNA) – The Hanoi Plastics Joint Stock Company (HPC) aims to constantly create, innovate technology and improve technical capacity , especially in the field of precision mechanics and mould production to further penetrate the global supply chain . The key to rapid growth of Hanoi Plastics JSC “Independence and proactiveness in technology is a big dream of many businesses. And in order to realise that dream, it is necessary to invest in research and development (R&D), facilities and people, especially a team with good expertise and background knowledge. Gathering this team, creating conditions for them to work together is a priority in the field of support industry today,” said Bui Minh Hai, Chairman of Hanoi Plastics Joint Stock Company. When focusing on this field, the An Phat Holdings Group has researched and given …
Companies team up to improve animal protein value chain
Meat sold at a supermarket (Photo: VNA) HCM City (VNA) - Masan MEATLife JSC of Vietnam and Dutch-invested De Heus Co. Ltd have agreed to set up partnership to improve the productivity of the animal protein value chain in the country. Under their MoU signed in Ho Chi Minh City on September 14, the two sides will consider a strategic partnership and explore cooperation chances towards optimising and raising the productivity of the animal protein value chain under the Feed - Farm - Food (3F) model. Masan MEATLife will continue investing in the branded chilled meat production while De Heus will focus on supplying nutritional, breeding, and farming solutions. They will also form close and long-term cooperation with independent livestock, poultry, and fishery farms, provide counselling and farming solutions, and step up the 3F model to meet the demand for chilled meat with reasonable prices in Vietnam. De Heus is a global business with over-100-year experience in …
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Masan inks deal with Dutch firm De Heus to boost productivity of Vietnam animal protein value chain
A virtual signing ceremony for a memorandum of understanding for strategic corporation between Masan MEATLife Corporation and De Heus Vietnam to raise the productivity of the country’s animal protein value chain being held on September 14. — Photo courtesy of Masan Masan MEATLife Corporation (MML) and De Heus Vietnam on September 14 announced the signing of a memorandum of understanding to raise the productivity of the animal protein value chain. The virtual signing ceremony saw the presence of Minister of Agriculture and Rural Development Le Minh Hoan, Christoph Prommersberger, charge d'affaires at the Netherlands embassy of in Viet Nam, Alain Cany, chairman of the European Chamber of Commerce in Viet Nam, Dr Nguyen Dang Quang, chairman of Masan Group, and other executives from Masan Group, Masan MEATLife Corporation, Royal De Heus, and De Heus Vietnam. Under the MOU, the two sides will create and strengthen strategic partnerships and business cooperation opportunities. They …
Coffee chaos highlights supply risks
Vietnam is a key supplier of the world’s coffee, so disruption here ripples into all walks of global life The UK media finally picked up on the troubles surrounding COVID-19 in Southeast Asia at the start of September, but not to cover tightened restrictions and snowballing case numbers - rather, it was concern for how it would damage the British population’s ability to enjoy a coffee before commuting to work each day. The tough anti-pandemic measures induced in Ho Chi Minh City, its surrounding areas, and also in the Central Highlands region have disrupted supply chains after Vietnam, the world’s second-biggest exporter of coffee, continued to battle increasing infections since the latest and biggest wave emerged in June. Vietnam is the leading exporter of Robusta coffee, used for instant coffee as well as for some espresso blends. The sharp rise in coronavirus cases and a shortage of vaccines have caused the government to impose travel curbs in producing areas. British …
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Vietnam expected to be a link of global vaccine supply chain
Joining the global vaccine supply chain will help Vietnam enhance its ability in countering current and future pandemics and achieve a number of its strategic goals, experts said. Vietnam is currently facing an extremely complicated Covid-19 outbreak, in which a high number of new cases and deaths are reported daily over the past weeks, mainly in Ho Chi Minh City and neighboring provinces. There are infection cases of unknown sources detected in many provinces and cities, including Hanoi. The Delta variant is the dominant strain in the fourth wave of the Covid-19 outbreak in Vietnam, due to its high transmissibility. Dr. Pham Cong Hiep (L), RMIT Research Cluster Lead & Dr. Majo George, RMIT School of Business and Management lecturer. Photo: RMIT Vietnam With such a negative development, the Vietnamese health system is under great pressure to achieve herd immunity at the soonest. For that purpose, at least 70% of the entire population of nearly 98 …
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Farmers feeling the pinch of current supply chain obstacles
Even the age of chickens is becoming a factor when it comes to farmers trying to sell and maintain their operations. Photo: Le Toan In recent weeks, Nguyen Van Tien’s family in the northern province of Phu Tho’s Thanh Ba district has been suffering business headaches. The price of pigs has continuously dropped and no merchants are arriving to buy his 500 pigs because of social distancing in numerous localities. Meanwhile, the price of animal feed has risen by around VND60,000 ($2.60) per 25 kg package. “Since July, the price of live hogs has dropped by around VND25,000 ($1.10) per kg. The more times we feed them, the more losses we accrue because of the rising costs of feed, electricity, water, and general care,” said Tien. This is a common situation for farmers up and down the country. Le Tien Dung, sales manager of Dabaco Phu Tho Co., Ltd., said that due to the pandemic restrictions, the number of cattle and poultry slaughtered and consumed has significantly reduced on a …
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Masan and De Heus sign strategic MOU to raise productivity of animal protein value chain
According to the MOU, the parties will develop and strengthen strategic partnerships and business cooperation opportunities, aiming together towards the following common goals: - To optimize and drive productivity of Vietnam’s 3F (feed-farm-food) animal protein value chain by leveraging on each respective parties’ strength and capabilities. In particular Masan will focus on the branded chilled meat business while De Heus Vietnam will prioritize providing animal nutrition, genetics and husbandry solutions; - To partner with independent livestock and aquaculture farming entrepreneurs and provide an end-to-end solution for them to be competitive and win over in the medium and long-term; and - To develop a 3F operating model to ensure safe, innovative, and affordable chilled meat products are available to 100 million Vietnamese consumers. The MOU embodies the spirit of the EU-Vietnam Free Trade Agreement and Investment Protection Agreement and the strategic partnership between the …
Indonesia’s manufacturing value added reaches 281 billion USD
Illustrative image (Photo: Viettimes) Jakarta (VNA) – Indonesia reported increase in manufacturing value added (MVA) at 281 billion USD. With this achievement, Indonesia was able to shift its economy to a manufacturing economy . Industry ministry spokesman Febri Hendri Antoni Arif said on September 13 that various steps have been taken by the country to enhance added value in the industrial sector, including encouraging downstream, replacing imports and making the domestic industry part of the global supply chain. Increased industrial value added can create exponential effects such as creating more jobs as well as increasing contributions to taxes. Moreover, Indonesia is known as a country with comparative advantage, with relatively available natural resources, as well as the potential for highly skilled human resources to increase the competitiveness domestic production. With a larger economy, as well as more diversified types of industries, Indonesia's MVA …
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Ministry to focus on supplying goods for export
Reviewing production projects to ease difficulties and create export goods Vietnam's processing and manufacturing industries are highly dependent on imported input materials and components because of the country’s underdeveloped supporting industry, especially in key sectors such as electronics, textiles, leather, automobile manufacturing and assembling. Since the outbreak of Covid-19, many Vietnamese businesses have shifted to domestic suppliers to overcome global supply chain interruptions and save costs. “The move could promote the development of the manufacturing and assembly of finished products, turn Vietnamese key processing and manufacturing enterprises into big groups in the region, leading to supporting industry development,” the MoIT announced. Moreover, a large number of foreign businesses have flocked to Vietnam to access tax and investment incentives provided by various free trade agreements (FTAs) to which it is a signatory. The MoIT said foreign-invested …
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Ha Noi improves farm produce processing capacity
The Kinoko Thanh Cao Import-Export Company Limited in My Duc District, Ha Noi has applied high technology in mushroom production. — Photos courtersy of Ha Noi Department of Agriculture and Rural Development Ha Noi's agriculture sector is focusing on the application of high technology to improve the capacity of processing agricultural produce, according to the Ha Noi Department of Agriculture and Rural Development. Agricultural production has many risks because of dependence on weather and disease prevalence. The COVID-19 pandemic has particularly had a strong impact on the production - supply chain of the sector. Accordingly, development of the processing industry is considered the optimal solution to improve the value of products and ensure the supply of farming produce for domestic consumption and export. Besides that, the municipal agriculture sector will also focus on building raw material regions and forming closed production chains. “In recent years, Ha Noi's …
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