Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
A hi-tech pig slaughterhouse of the international standard run by Bien Dong DHS, one of the biggest of its kinds in the north, was inaugurated in Hai Nam commune, Hai Hau district, the northern province of Nam Dinh on November 4.
Vietnamese enterprises, especially small- and medium-sized ones, should develop their brands to increase their competitiveness amid the process of integration, a seminar heard in Ho Chi Minh City.
New regulations included in Decree No.107/2018 ND-CP have helped cut down costs for businesses in market engagement activities and created strong motivation for the improvement of their trading capacity and the promotion of rice exports, said business representatives at a conference in Ho Chi Minh City on November 1.
The Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Intellectual Property Association (VIPA) held a seminar in Hanoi on October 29 to discuss trademarks in corporate development strategy.
Intensive processing has served as an effective tool for Vietnamese shrimp exporters to improve their competitive capacity in the context of a steep increase in the global supply which brought down the price and demand for shrimp in major markets.
Thailand’s exports in September defied analyst expectations, dropping for the first time in 19 months, according to data from the country’s commerce ministry.
The Central Institute for Economic Management (CIEM) has forecast Vietnam’s economy growth for 2018 may be at 6.88 thanks to positive socio-economic results in the first nine months of this year.
The Ministry of Science and Technology (MoST) has issued national standards on chilled meat and technical requirements to meet expectations of markets at home and abroad.
Experts said Vietnam’s fruit and vegetables exports may rake in 4 billion USD throughout 2018, fulfilling the target previously set by the sector.
Deputy Prime Minister Vuong Dinh Hue has highlighted the leading role of cooperatives in connecting famers with businesses, towards promoting strong and effective agricultural production and consumption.
Vietnam’s biggest dairy firm Vinamilk is eyeing foreign markets in the hopes of offsetting the declining growth in the local market.
Young Vietnamese are increasingly choosing overseas tours during holidays since prices are getting lower.
Vietnam’s aquatic products are forecast to bring home 9 billion USD from exports in 2018, up 7 percent from the previous year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
The number of international tourist arrivals to Vietnam in the third quarter of this year increased 14.9 percent against the same period last year, according to the General Statistics Office (GSO).
Vietnamese rice exports are expected to grow stronger by the end of the year after a brief lulling period, said Tran Van Cong, Deputy Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.
Brand building and a focus on quality and innovation are key for a successful agriculture business, experts said during a panel on agricultural businesses’ competitiveness.
According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.
