Prime Minister Nguyen Xuan Phuc has signed a resolution to promote the development of support industries with the aim of having 2,000 enterprises capable of directly supplying parts for multinational corporations in ten years.
Cau Ke district in Tra Vinh province has received brand certifications for its three specialty products, Hoa Tan sap coconut, Tan Qui mangosteen and Tra Ot king orange, local authorities has said.
The northern province of Tuyen Quang has had more than 25,000 hectares of forest granted sustainable forest management certificates in accordance with the Forest Stewardship Council (FSC) standards, and is among the localities with the largest planted forest area that has received certification.
Industrial production was greatly affected by COVID-19 in the first half of 2020 but has gradually bounced back since May, according to the General Statistics Office (GSO).
The recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) by the National Assembly, along with the decision by the European Parliament (EP) to adopt the two agreements, confirms the desire and determination of the two parties to further deepen bilateral relations 30 years after establishing diplomatic ties, according to Deputy Foreign Minister Bui Thanh Son.
The northern province of Bac Giang will continue investing in, developing, and duplicating hi-tech agricultural production models, Director of the provincial Department of Agriculture and Rural Development Duong Thanh Tung has said.
The northern province of Bac Giang had harvested 16,735 tonnes of “thieu” lychee as of June 1, with prices ranging from 25,000 VND to 45,000 VND (1.08 USD to 1.95 USD) per kilogram, according to the provincial Department of Industry and Trade.
The Philippines saw metal production falling nearly 11 percent to 24.86 billion peso (490 million USD) in the first quarter of this year due to the COVID-19 pandemic, data from the Mines and Geosciences Bureau (MGB) showed.
Foreign-invested enterprises (FDI) in Vietnam have been maintaining production despite difficulties caused by the COVID-19 outbreak while preparing plans to recover after the pandemic ends.
The industrial production value of the Mekong Delta’s Soc Trang province in the first quarter has been estimated at 6.6 trillion VND (279.7 million USD), up 5.7 percent year-on-year.
As many as 40 new agro-forestry-fishery firms were established in Ho Chi Minh City in the first three months of 2020, despite the impacts of the COVID-19 outbreak, revealed the municipal Department of Agriculture and Rural Development.
Ho Chi Minh City’s agricultural production value in the first three months of 2020 increased by 4.3 percent year-on-year, according to the municipal Department of Agriculture and Rural Development.
One of the biggest weaknesses of many domestic manufacturing industries is the heavy dependence on foreign supply chains, according to the Department of Industry under the Ministry of Industry and Trade.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong held a working session with leaders of the northern midland province of Phu Tho on March 10, focusing on orientations of local farming development.
The General Statistics Office (GSO) forecast if the coronavirus epidemic is stamped out in the first quarter this year, Vietnam’s industrial production value in the first quarter would increase by 2.68 percent year-on-year, lower than growth rate of 9 percent in the first quarter of 2019 and 10.45 percent in the first quarter of 2018.
Japan will set up a framework for working with Malaysia in producing aircraft parts and training aviation industry personnel, its first such cooperation in Asia, government sources have said.
Vietnam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying for assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vuong Dinh Hue said.
Vice President Dang Thi Ngoc Thinh launched a tree-planting festival at the Hung Kings special national historical relic site in the northern midland province of Phu Tho on January 30 or the sixth day of the first lunar month.
Business
