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Farmers anxious about future yield of macadamia nut production

VietNamNet Bridge – Central Highlands’ some years ago rushed to grow macadamia trees after hearing about huge profits the plant could bring, though they did not know if the plant could thrive in the local soil and climate conditions. In 2013-2014, Pham Van Thuong in Tuy Duc district of Dak Nong province spent hundred of ... Read More »

Vietnamese carriers run over 150,000 flights in first half

Vietnamese carrier, including Vietnam Airlines, Vietjet Air, Jetstar Pacific, and Vasco, operated a total of 150,010 flights in the first half of this year, up 9 percent year-on-year, reported the Civil Aviation Authority of Vietnam (CAAV). Of them, 129,165 flights were punctual, accounting for 86.1 percent and marking a 1.7 percent decrease year-on-year. As many as 20,845 flights were delayed ... Read More »

Vietnam advised to tighten monetary policies

VietNamNet Bridge – Fitch Ratings has advised Vietnam to gradually tighten monetary policies to stabilize the macro economy and have an opportunity for investment level upgrading. Vietnam has been advised to tighten monetary policy Prior to that, HSBC, ANZ and IMF also recommended Vietnam tighten monetary policies. Since 2015, the monetary policies in Vietnam have been loosened with the credit ... Read More »

EVN offers lowest electricity prices to manufacturing sector

VietNamNet Bridge – The Electricity of Vietnam’s (EVN) plan to sell electricity to manufacturing enterprises at the lowest price level will only bring benefits to foreign invested enterprises (FIEs) and eat into people’s pockets, analysts say. Manufacturing enterprises would bear the lowest price level Under the draft price framework, manufacturing enterprises would bear the lowest price level, equal to 51 ... Read More »

Associations ask for help from PM after delays in changing food requirements

VietNamNet Bridge – Many problems that hinder the operations of enterprises are assumed to be settled after the government’s instructions. But, in fact, they continue to exist because of the decision-making tardiness of agencies. Seven associations representing businesses in the food processing industry in late June sent a letter to PM Nguyen Xuan Phuc and Deputy PM Vu Duc Dam, ... Read More »

Vietnamese firms must step up to join foreign distribution chains

To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop held in HCM City on July 13. Delegates in HCM City exchange information yesterday on the sidelines of a training workshop to help enterprises take part in foreign distribution networks. Yuichiro ... Read More »

Vietnam’s FPT group expands investment in Japan

Vietnam’s IT group FPT has inaugurated its 7th representative office in Japan at Yokohama, Kanagawa Prefecture.  At the inauguration ceremony  Addressing the office’s inaugural on July 13, Vietnamese Ambassador to Japan Nguyen Quoc Cuong said besides the FPT office, there are six other Vietnamese firms operating in the prefecture, which is one of the most dynamic localities in Japan.  He ... Read More »

FPT buys US-based tech advisory firm

FPT and Intellinet managers signed an agreement on Thursday. The deal is valued at US$50 million and expected to improve the status of FPT in the US market. — Photo FPT Viet Nam News HÀ NỘI — Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 per cent of the US-based tech advisory firm Intellinet Consulting (Intellinet). The total value of ... Read More »

Hi-tech farming needs skilled workers

Participants visit a booth showcasing high-tech agricultural products at a seminar held yesterday in Cần Thơ. VNA/ VNS Photo Ánh Tuyết Viet Nam News HCM CITY — High-tech agricultural methods used in the Cửu Long (Mekong) Delta will require highly skilled human resources to take full advantage of cutting-edge technologies, speakers said yesterday at a seminar held in Cần Thơ.  ... Read More »

Indian, Vietnamese leather companies seek stronger ties

A meeting was held between Indian and Vietnamese leather industry executives in HCM City this week, and they sought to strengthen ties between the two leather powerhouses. – VNA/VNS Photo Việt Dũng Viet Nam News HCM CITY – A visiting delegation of 30 executives from Indian leather companies have met with their Vietnamese counterparts in HCM City. The meeting on ... Read More »