VietNamNet Bridge - Vietnam permitted the growing of GMO (genetically modified organisms) in the country in 2015, but GMO food began penetrating the domestic market a long time before. In 2010, MARD began testing seven GMO maize varieties In 2010, the Ministry of Agriculture and Rural Development (MARD) begin testing seven GMO maize varieties, including three from Sygenta, three from Mosanto and one from Pioneer Hibred Vietnam. As such, Vietnam became the 29th country in the world growing GMO insect- resistant maize on a large scale. Scientists estimate that the total GMO growing area would amount to 30-50 percent of the area of newly cultivated maize, cotton and soybean. RELATED NEWS Farmers optimistic about genetically modified maize Growing GM corn should rest with farmers Thanh Lich … [Read more...] about When did GMO food appear on the Vietnamese dining table?
Vietnam fisheries int’l exhibition opens in HCM City Visitors to the Vietnam Fisheries International Exhibition (Vietfish) 2018 The Vietnam Fisheries International Exhibition (Vietfish) 2018 kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on August 22. The event attracts 233 exhibitors from 14 countries and territories, including 153 of Vietnam, showcasing aquatic products in 374 booths. The numbers of both exhibitors and booths increase by 6.8 percent and 3.6 percent, respectively, from last year. Vietfish 2018, lasting through August 24, also features many workshops discussing the market situation, production trends and other hot topics in the fisheries sector at present. Ngo Van Ich, Chairman of the Vietnam Association of Seafood Exporters and Producers, said over the last 20 years, Vietfish has established itself as a leading and influential fisheries exhibition in Asia as seen in the surge of exhibitors, booths and visitors. He noted … [Read more...] about BUSINESS NEWS IN BRIEF 23/8
Top Chinese leader affirms desire to develop ties with Vietnam General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping (R) welcomes Politburo member Tran Quoc Vuong, permanent member of the Secretariat of the Communist Party of Vietnam Central Committee General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping has affirmed that the Chinese Party, Government, and people attach great importance to and are willing to work, together with their Vietnamese counterparts, to continuously consolidate and develop relations between the two Parties and countries. Xi made the remarks during a reception for Tran Quoc Vuong, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee, in Beijing, China, on August 20. The Chinese leader said he hopes that the two sides will continue to increase the exchange of high-level delegations, … [Read more...] about Government News 22/8
A 31-year-old man was arrested for allegedly stabbing two Vietnamese tourists to death during an apparent burglary at a Las Vegas hotel, police in the US said. PHOTO: Julius Trotter is pictured in an undated booking photo released by the Las Vegas Metropolitan Police Department on June 7, 2018. Julius Trotter was arrested Thursday morning (US time) in connection with the deaths of a man and a woman who were found dead from stab wounds in a Circus Circus Hotel guest room on Friday, the Las Vegas Metropolitan Police Department said. The victims were Vietnamese tourists who had arrived the day before as part of a tour group, police said. After they didn't show up for a scheduled tour on Friday morning, a tour group member asked for a welfare check that afternoon, police said. Security officers found the victims and called police. Two people were killed in a stabbing at Circus Circus Las Vegas hotel and casino on Friday, June 1, 2018. The motive appeared to be … [Read more...] about Man arrested in stabbing deaths of 2 Vietnamese tourists at Circus Circus hotel in Las Vegas
Mekong Capital divests from Asia ChemicalsMekong Enterprise Fund II, a unit of Mekong Capital, has completely divested from Asia Chemicals Corporation (ACC) and taken in US$8.9 million, a 2.6-fold increase over its initial investment, after a seven-year holding period.According to a press release issued by Mekong Capital on August 10, in 2011, MEF II invested US$3.8 million in ACC, which was its 10th investment, after others in Mobile World Investment Group (The Gioi Di Dong), Golden Gate, Vietnam Australia International School and International Consumer Products.However, MEF II has now divested from all of its 10 earlier investments. The divestments have helped the fund generate a gross return multiple of 4.5 and a gross internal rate of return of 22.5%.Early this year, MEF II sold five million shares at Mobile World, generating a gross return multiple of 56.9 and an IRR of 61.1%, making it one of the most successful investments in Asia.Also, the fund’s full exit from Vietnam … [Read more...] about BUSINESS NEWS IN BRIEF 22/8