Vietnam Business News

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• Vegetable and fruit exports hit US$119 million
• Hanoi vows to help Mozambique develop agriculture
• Vietnam’s region-leading pharmaceutical growth
• Wage reforms make sense
• Experts: crop biotechnology to help with food security
• Ford Vietnam’s February sales rise 62 per cent
• 73 FDI enterprises win Golden Dragon Awards
• Developing bauxite industry is sound policy
• Hanoi: new rural area building brings changes
• Int’l fair showcases timber products in HCM City

Vegetable and fruit exports hit US$119 million Posted: 11 Mar 2013 10:52 PM PDT The Vietnam Fruit and Vegetables Association (VFVA) has announced that the country has received total revenue of US$119 million from fruit and vegetable exports in the first two months of 2013, a year-on-year increase of 16%. Statistics from the VFVA reflect that Vietnam has seen continuous growth of fruit and vegetable exports over the past [...]

Hanoi vows to help Mozambique develop agriculture Posted: 11 Mar 2013 06:45 PM PDT Hanoi will assist Mozambican localities in developing agriculture, Deputy Chairman of the Hanoi municipal People's Committee Nguyen Van Suu said to Mozambique's Minister of Agriculture Jose Pacheco in Hanoi on March 11. Pacheco said Mozambique is paying special attention to food cultivation for export, especially wet rice. At present, Hanoi is implementing the trilateral Vietnam–Japan–Mozambique [...]

Vietnam’s region-leading pharmaceutical growth Posted: 11 Mar 2013 06:33 PM PDT The total sales revenue of Vietnam's pharmaceutical consumption is expected to reach US$5.2 billion in 2015, US$3 billion higher than in 2012. Actavis Asia Pacific and Indonesia Vice President Thomas Runkel released the prediction at a press conference in Ho Chi Minh City on March 11. Thomas indentified Vietnam's pharmaceutical market as the Asia-Pacific's region's [...]

Wage reforms make sense Posted: 11 Mar 2013 06:30 PM PDT Proposed wage reforms have got businesses thinking. The draft law on minimum wage is being penned by the Ministry of Labour, Invalids and Social Affairs (MoLISA) and slated for completion to submit to the government and the National Assembly for approval in May. The draft law has been circulated to gather comments from state agencies [...]

Experts: crop biotechnology to help with food security Posted: 11 Mar 2013 06:30 PM PDT Crop biotechnology could help Vietnam ensure food security, experts have said at a recent workshop on global outlook for genetically modified (GM) crops in Hanoi. According to Nguyen Van Tuat, Deputy Director of Vietnam Academy for Agricultural Sciences, the country has the potential to develop crop biotechnology. He said that in the last few years, [...]

Ford Vietnam’s February sales rise 62 per cent Posted: 11 Mar 2013 06:27 PM PDT Ford Vietnam today announced February retail sales that jumped more than 62 per cent year-over-year to 351 vehicles, as the overall industry continues with a steady recovery from a year ago. The strong February performance allowed Ford to capture 8.3 per cent of the overall vehicle market for the month, which is traditionally light in [...]

73 FDI enterprises win Golden Dragon Awards Posted: 11 Mar 2013 06:25 PM PDT A March 16 ceremony in Hanoi will confer the prestigious 12th Golden Dragon Awards on 73 foreign-invested enterprises and the 9th Vietnamese Trademark Awards on 100 local businesses. Vietnam Economic Times Editor-in-Chief, Golden Dragon Organising Board Chief, and Professor Dao Nguyen Cat used a March 11 press conference to report FDI businesses have shared any difficulties and [...]

Developing bauxite industry is sound policy Posted: 11 Mar 2013 06:10 PM PDT Developing the bauxite mining and processing industry is a very correct and necessary policy, Minister of Industry and Trade Vu Huy Hoang has said. The policy had been carefully considered by the Party, State, National Assembly and Government before two pilot projects in the Central Highlands were entrusted to Vinacomin, Hoang said in an interview [...]

Hanoi: new rural area building brings changes Posted: 11 Mar 2013 06:00 PM PDT Agriculture and the countryside on Hanoi's outlying areas have seen positive changes resulted from the new rural building program, which has been carried out for almost three years. Coupled with changes were lessons the city has drawn from the building of new rural areas, including how to promote the people's role and mobilise social resources [...]

Int’l fair showcases timber products in HCM City Posted: 11 Mar 2013 06:00 PM PDT Nearly 126 local and foreign businesses attended the sixth International Wood and Fine Arts Exports Fair, opened in HCM City on March 11. 650 stalls at the fair feature interior decoration timber products and raw materials to industry machinery and equipment. Seminars during the fair discussed the growing importance of German consumers, international timber product [...]

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