Asuu strike update 9 january 2019

Mangos are packaged to prepare for export (Photo: VNA) Hanoi (VNA) – Meeting tougher technical standards in production and preservation is the key to helping Vietnam’s agricultural products, including fruits, actively raise their export volume and value, an official has said. Nguyen Quoc Toan, Acting Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development, made the remark at a workshop in Hanoi on June 19 that focused on the Republic of Korea (RoK)’s management system of the plant protection product  (PPP) residue list for imported agricultural products. He said although agricultural products of Vietnam boast huge export potential, only when they meet strict production and preservation standards can the possibility of being exported directly to such markets as the RoK, Japan, Taiwan (China) and Europe be improved. Le An Hai, Deputy Director of the Department for Asian – African Markets of … [Read more...] about Firms updated about RoK’s new rules on agricultural imports

ICFAA 2019 was organised under the theme "Contemporary Issues in Accounting, Auditing and Finance” Following the success of the first organisation in 2018, ICFAA 2019 is now an established event, attracting global participants around the world. The aim of the conference is to provide a forum for researchers, practitioners, and educators to present and discuss the most recent innovations, trends, experiences, and concerns in the field of accounting, auditing, and finance. Speaking at this conference, Nguyen Thu Thuy, deputy director general of the Higher Education Department of the Ministry of Education and Training, shared, “Accounting, auditing, and finance have always been a very important sector of the economy, and of the education system as well. This sector has been rapidly changing around the world, together with the changes in technologies and governance structures. The new developments in this area have been serving the competitiveness of the whole … [Read more...] about ICFAA 2019: Contemporary issues in accounting, auditing, and finance

Authorised agencies inspect fishing boats in Ham Luong river of Ben Tre province (Photo: VNA) Hanoi (VNA) – Minister of Agriculture and Rural Development Nguyen Xuan Cuong has issued directions guiding coastal localities in intensifying measures to stop illegal, unreported and unregulated (IUU) fishing. Accordingly, the People’s Committees of coastal provinces and cities must accelerate the recovery of Movimar satellite geo-positioning devices installed in fishing vessels with lengths of below 24 metres for installation in those of 24 metres and above. At the same time, they should push the prompt upgrade of GPS-integrated VX-1700 satellite communication equipment on both vessels and coastal stations, and impose strict punishment on those ships which fail to operate the monitoring equipment around the clock as required. Authorities of coastal localities and relevant agencies must further tighten the monitoring of fishing vessels’ movement through ports along with … [Read more...] about Agriculture Minister orders intensified IUU combat

Le An Hai, Deputy Director of the Ministry of Industry and Trade’s Department for Asian – African Markets, speaks at the workshop. (Photo: VNA) HCM City (VNA) – The full introduction of the Republic of Korea (RoK)’s positive list system (PLS) for agricultural chemical residues in foods is not only a challenge for Vietnam’s farm produce but also an opportunity for the country to improve its product quality to access tougher markets. Le An Hai, Deputy Director of the Ministry of Industry and Trade (MoIT)’s Department for Asian – African Markets, told a workshop held by the MoIT and the Korean Ministry of Food and Drug Safety (MFDS) in Ho Chi Minh City on June 21 to update Vietnamese businesses operating in agricultural production and export on the PLS. The RoK introduced the PLS for imported nuts and tropical fruits in December, 2016, and the country plans to implement the PLS for all agricultural products starting from January 1, 2019, said … [Read more...] about New RoK rules bring challenge, opportunity to Vietnam’s farm produce

The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous ­confidence in Vietnam from large ­investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the ­acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam ­maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements