Vietnamplus

Vietnam is one of the promising strategic markets for South African businesses, heard the Vietnam-South Africa business conference in Ho Chi Minh City on October 21.

The bakery market has enjoyed compounded annual growth of 20-30 percent in recent years and is worth 700 million USD now, the chief of one of the country’s largest bakery chains has said.

A series of international exhibitions on industrial machines and equipment kicked off in Ho Chi Minh City on October 16.

The UN Food and Agriculture Organization (FAO) Representative in Vietnam Albert Lieberg called for urgent actions to end hunger and malnutrition at a meeting in Hanoi on October 14 on the occasion of World Food Day (October 16).

In the first nine months of 2019, Phu Yen province yielded nearly 55,000 tonnes of aquatic products, 3,335 tonnes of which is tuna, up 4.7 percent against last year’s corresponding period.

Alcohol and beer consumption is booming, and local beverage producers are cashing in.

Vietnam is one of the world’s largest garment producers, but experts have called on enterprises to brush up their green credentials for the domestic market.

Indonesia's economic growth was estimated to remain at a moderate level around 5 percent until 2021, mainly backed by consumption, a World Bank (WB) senior economist has said.

The medium-term outlook for the Vietnamese economy is broadly positive despite persistent downside risks, the World Bank (WB) said in its East Asia and Pacific Economic Update released on October 10.

Singapore will ban advertisements of certain fizzy drinks and juices as part of efforts to curb consumption of sugar in the city state, which has some of the world’s highest diabetes rates.

Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.

The 2019 Hardware & Handtools Expo will take place from December 4-7 in Ho Chi Minh City, bringing together 300 businesses from 18 countries and territories worldwide, according to organisers.

The Central Highlands province of Dak Nong has spent over 91 trillion VND (3.9 billion USD) on the national target programme on new-style rural area building during the 2010-2019 period, according to the provincial People Committee.

Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.

Vietnam is in the process of getting a licence to export avocado to the US, according to the Vietnam Trade Office in the US.

The Mekong Delta city of Can Tho hopes to receive support from the World Bank (WB) and the State Secretariat for Economic Affairs (SECO) of Switzerland in institutional building, renovation, development of smart city, climate change adaption, and training human resources, said Chairman of the municipal People’s Committee Le Quang Manh on October 7.

Local shrimp-breeding enterprises have mobilised investment from various sources to expand production in an aim to attract partners from shrimp supply chains from around the world.

A workshop was held in the Mekong Delta city of Can Tho on October 7 to seek improvement of policies and legislation in response to climate change in Vietnam.

In efforts to embrace the Fourth Industrial Revolution, cities and provinces in Vietnam are pushing smart city programmes, combining technology with internet-connected devices to enhance municipal management and economy.

The Singapore Food Agency (SFA) has suspended the import of fresh quail eggs from Telic Farm in Malaysia after it detected residue of a drug called nicarbazin in the farm’s quail eggs.