Vietnamplus

Prime Minister Nguyen Xuan Phuc chaired a conference in Hanoi on June 3 reviewing the construction and development of the national defence-security industry.

Singapore and China have reached eight MoUs on promoting cooperation in areas including financial services, trade in food products, transport and logistics.

With Thailand in the midst of its worst drought in four decades, sugar production is falling significantly for this year's crop cycle, pushing up the price of sugar globally, local media reported.

Minister of Agriculture and Rural Development Nguyen Xuan Cuong has urged livestock businesses to cooperate with the Government and with each other to bring the live pig price down from the current 75,000 VND (3.17 USD) to 70,000 VND per kg as from April 1.

Vietnam’s automobile industry is small compared to regional markets and local suppliers are asking for more support from the Government.

Sufficient material supply for processing plants is expected to help the seafood industry rake in 9 billion USD in export revenue in 2019, said the Ministry of Agriculture and Rural Development.

The Indonesian Industry Ministry is drawing up strategic steps to speed up transformation toward the Fourth Industrial Revolution in the manufacturing sector, Antara News reported.

Prime Minister Nguyen Xuan Phuc has extended sympathy to his Thai counterpart Prayut Chan-o-cha over great losses in humans and property caused by storms Podul and Kajiki and subsequent floods in Thailand’s northeastern, central and northern regions.

The Ministry of Industry and Trade will submit to the Government new scenarios for solar power prices in two regions on September 15 based on recommendations it received after presenting its proposal on the matter to the Government’s standing board on July 31.

The African swine fever (ASF) in pigs has appeared in 55 out of 63 provinces and centrally run cities in the country, forcing the cull of 2.5 million pigs, or 7.5 percent of the total pig stocks, it was reported at a conference on fighting the disease and restoring the pig farming industry on June 13.

Vietnam’s tea industry needs to focus on enhancing quality, diversifying product offerings and building brands to develop in a sustainable way, according to the Ministry of Agriculture and Rural Development.

A pending project on national digital transition aims for the digital industry to contribute 25 percent of Vietnam’s GDP by 2025 and for the country to be placed fourth among ASEAN member states in terms of national digital ranking.

Enterprises are not interested in collaboration with vocational training establishments to train students or update their internal training programmes because the laws are not clear about their role and responsibilities, according to Vo Tan Thanh, Director of the Vietnam Chamber of Commerce and Industry’s HCM City Branch.

The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Truong Hai Auto Corporation (Thaco), Thanh Cong Group and VinFast.

Vietnam holds great potential to develop its paper industry and is likely to rake in more than 1 billion USD a year from paper exports, heard a seminar in Hanoi on October 16.

The Ministry of Industry and Trade (MoIT) has reported some positive signs in handling 12 major loss-making projects, as some of them have managed to resume operation in the context of no more rescue capital from the State budget.

The Vietnam Export Promotion Forum 2018 was held in Hanoi on April 24 to seek solutions to boost the export of Vietnamese-branded products in a fast and sustainable manner.

Vietnam will keep its sugarcane growing area stable at 300,000 hectares until 2030 in parallel with increasing sugar output and quality, according to a plan on the sugar industry’s development until 2020 with a vision to 2030.

Training personnel, especially high-quality human resources, requires a comprehensive renovation in the context of the ongoing fourth industrial revolution, said Minister of Industry and Trade Tran Tuan Anh.

The household appliance industry in Vietnam has great potential, but fierce competition is expected to occur among producers, distributors and retailers.