Illustrative photo Marcin Poltorak still has the one-way bus ticket that took him from Krakow, Poland, to Manchester in August 2004, aged 26. “The plan was to work for two years then go back and buy a house,” he recalls. Poltorak found a job in a slaughterhouse in the northern town of Clitheroe and, 17 years later, remains in the UK: “It was so much better here,” he says. When prime minister Tony Blair opened Britain’s doors to workers from eight former communist states in central and eastern Europe that year, it was a big decision with huge ramifications. Over the next decade, Britain’s economy and society were transformed by hundreds of thousands of arrivals from Poland, Lithuania and elsewhere. At its peak, the number of European migrants in the UK was by some estimates five million or higher, from a population estimated to be more than 66 million. London’s Victoria coach station was packed with people starting a new life and soon the country’s bars, hotels and farms spoke … [Read more...] about How two decades of EU migration went into reverse
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Second “Make in Vietnam” Covid-19 test kit to be launched
The second locally-produced Covid-19 test kit is waiting for a license, the Ministry of Science and Technology said at a recent press conference. The second locally-produced Covid-19 test kit is a product of Phu Sa Biochemistry Company Ltd., with the cooperation of the Center for Application of Science and Technology of the Department of Science and Technology in Can Tho City. The product has been completed and is waiting for a licence from the Ministry of Health to be put into commercial use like the first test kit of the Military Medical Academy. A Ministry of Science and Technology representative introduces the Covid-19 test kit developed by Phu Sa Biochem. Photo: Trong Dat According to the Ministry of Science and Technology’s representative, if the Covid-19 test kit of the Military Medical Academy uses Realtime PCR technology, the method that Phu Sa Biochem uses to create a test kit is more complex. Therefore, the time to complete the study of this product … [Read more...] about Second “Make in Vietnam” Covid-19 test kit to be launched
VIETNAM BUSINESS NEWS APRIL 14
Da Nang allows foreigners to buy houses in 17 projects The Construction Department of central Da Nang city has listed 17 commercial housing projects in which foreign organisations and individuals can buy units. The projects include Blooming Tower, Golden Square complex, Quang Nguyen Apartment complex, Thuy Tu urban area, Harmony Tower, and Da Nang FPT Technological Urban Area. The city also disallows foreigners from owning property in three projects, namely F-Home Apartment complex, Da Nang Diamond Tower, and IndoChina Riverside Tower. The department suggested the Department of Natural Resources and Environment and relevant agencies review the grant of licences to foreign organisations and individuals in projects that are off-limits to foreign buyers./. Coffee exports fall by over 11 percent in Q1 Coffee exports earned 771 million USD for Vietnam in the first quarter of 2021 In March alone, 145,000 tonnes of coffee were shipped abroad, bringing home 275 … [Read more...] about VIETNAM BUSINESS NEWS APRIL 14
VIETNAM BUSINESS NEWS APRIL 6
Vietnamese fruit and vegetable sector targets export revenue of $10 billion A fruit processing line at An Giang Fruits-Vegetables and Foodstuff Joint Stock Company. Dang Phuc Nguyen, general secretary of the Viet Nam Vegetables Association, said that new-generation free trade agreements (FTAs) such as the EU-Viet Nam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); or Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year. Regarding the market, vegetables and fruit exported mainly to the Chinese market in the first two months of this year, reached $352.83 million, up 17.5 per cent over the same period last year, accounting for 62.5 per cent of the total export value of vegetables and fruit of Viet Nam. The increase in exports to the Chinese market is due to a sharp growth in consumption demand … [Read more...] about VIETNAM BUSINESS NEWS APRIL 6
VIETNAM BUSINESS NEWS APRIL 1
Gov't needs to provide more support for SMEs in taking advantage of the EVFTA Workers at Trung Dung Co Ltd, a manufacturer of elastic threads and yarn in Tan Trieu Commune in Ha Noi’s suburban district Thanh Tri. The company employs around 200 people. SMEs now have more opportunities for development with the signing of free trade agreements (FTAs), Industry 4.0 and new business models. Trần Duy Đông, Deputy Minister of Planning and Investment, said the EVFTA offers opportunities but also challenges, so Vietnamese businesses need to mobilise all resources to seize the opportunities. EU enterprises need to associate with Vietnamese enterprises while Vietnamese enterprises need to fulfill their commitments to become reliable partners for EU enterprises. The Government's mission is to perfect an equal business environment and create favourable conditions for enterprises in production and business, Đông said. Ambassador and Head of the EU delegation to Vietnam Pier … [Read more...] about VIETNAM BUSINESS NEWS APRIL 1