Indonesian Minister of State-Owned Enterprises Erick Thohir said on October 14 that the world’s two largest electric vehicle (EV) battery producers, Contemporary Amperex Technology Co. Ltd of China and LG Chem Ltd of the Republic of Korea, are considering a plan to build an EV battery plant worth 20 billion USD in Indonesia.
A seminar discussing ways to develop the value chain for agricultural products was held in northern Ninh Binh province on October 14 by the the Vietnam Co-operative Alliance in collaboration with Germany's Friedrich Naumann Foundation for Freedom (FNF).
A virtual conference on trading in fruits and vegetables between Vietnam and the Netherlands was held on September 29 to match Vietnamese suppliers and potential Dutch importers, wholesalers and retailers.
The Philippines may lose in the banana export war amid continued stiff competition in the global market, prompting the government to allocate some 263 million peso (12.49 million USD to save the local banana industry.
As traditional Vietnamese fish sauce is being sold in more and more countries around the world, businesses need to pay attention to their packaging and help consumers differentiate between traditional and industrial varieties, experts have said.
Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.
Founded in 2017, Vietmate is an IT-based trading platform company that supports overseas market development for all Vietnamese-related companies, and is helping domestic companies enter the market through mobile, online, and offline channels.
The Thai government is pushing ahead with the bio-economy concept to modernise agriculture with advanced technology in a move to improve the national economy, local media reported.
The Hoa Phat Dung Quat Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on September 10, where stern standards and stringent requirements are applied.
Vietnam’s foreign exchange reserve has hit a new record high of 92 billion USD, a significant expansion from 84 billion USD which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
Vietnam’s rice exports have expanded during the pandemic to surpass rival Thailand in price for the first time in three decades, leading experts to suggest the sector should consolidate its position.
Youneedcharacter is producing the TV animation Cricket Pang that will be aired on local TV and OTT channels in India in December. Its business footsteps are attracting attention from the industry in that it is the first Korean company to enter the Indian TV animation market.
Vietnam earned 7.83 billion USD from exporting forestry products in the first eight months of 2020, up 10.3 percent year-on-year and accounting for 29.9 percent of the agricultural sector's total export turnover.
The ceiling retail price of RON95 petrol was adjusted up 192 VND to 15,114 VND (0.65 USD) a litre in the latest review by the Ministry of Industry and Trade and the Ministry of Finance on August 27.
Vietnam needs to invest more in post-harvesting technologies to improve the competitiveness of its farm produce, including fruits and vegetables, in the global market, experts have said.
Experts have made differing predictions about the trend of the local stock market next week, saying it remained hard to forecast as price movements have been sensitive.
Retail prices of some petrol products were reduced slightly in the latest review by the Ministry of Industry and Trade and the Ministry of Finance, with effect from 3pm on August 12.
Since joining the Association of Southeast Asian Nations (ASEAN) on July 28, 1995, Vietnam has been an active participant and contributor to the regional integration journey and the Community-building process, said ASEAN Secretary-General Dato Lim Jock Hoi.
Vietnam is entering a level playing field in which efficient solutions to maintain economic development always causes headaches for experts and business leaders.
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