Birds building nests on houses

Demand for top meat drives funding Demand for top meat drives funding In the midst of the rising demand for quality pork, Vietnam has witnessed growing investment in the clean meat market.  Last week, AVG Capital Partners, a private equity fund from Russia, signed an MoU with Thanh Hoa People’s Committee to develop a $1.4 billion pork processing complex in Nghi Son Economic Zone. With an area of 1,000 hectares, the complex has a designed capacity to produce five million hogs a year. It will boast 43 commercial pig farms and three hybrid pig farms, a mixed feed factory with a capacity of two million tonnes a year, as well as a slaughterhouse and processing plant with a capacity of 600,000 tonnes a year. Phong Quach, head of business development at Ipsos Strategy3 in Vietnam, said that as a general principle, any high-tech investment in agriculture is good for Vietnam. This is because the Vietnamese agricultural sector is still trying to attract more technology that can … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 9

Vietnam Rubber Group to raise natural rubber output under its own brand A worker collects latex from a rubber tree (Illustrative photo: VNA) The rate is expected to hit 92 percent by 2022. The VRG has built a set of standards and introduced VRG-branded rubber products since 2018, bolstering consumption of its products along with Vietnam’s rubber brand in the international market. VRG-branded products reached 255,407 tonnes last year, accounting for 68 percent of the group's total output, from just 20,790 tonnes recorded in 2018. The VRG reported 21.17 trillion VND in revenue and 5.23 trillion VND in post-tax profit in 2020, year-on-year increases of 6.9 percent and 36.4 percent, respectively./. CPI in February highest in 8 years Vietnam’s consumer price index (CPI) in February was up 1.52 percent over the previous month and 0.7 percent year on year, according to the General Statistics Office (GSO). This is the highest February CPI growth recorded in the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 1

“Private” islets on Tri An Lake By Nguyen Vu Moc Thieng Some bungalows on Robincao's islets A Vietnamese singer left the hustle and bustle of urban life to do ecotourism and live in harmony with nature on six islets in Dong Nai Province Farmer and singer Cao Minh several decades ago left his city to reclaim nearly 20 hectares of land in Dong Nai Province’s Vinh Cuu District. Cao Minh soon became a “genuine” farmer, doing all the farm chores by himself, from building houses to driving a bulldozer. However, such a rural lifestyle gradually lost its appeal. Cao Minh wanted to find something new. He later moved to Tri An Lake where he now owns six islets. Calling himself “Robincao,” a new name created by merging Robinson—the main character in a the famous adventure novel “Robinson Crusoe” by England written Daniel Defoe (1660-1731)—with his family name, Cao. Cao Minh’s six islets are four kilometers from the shore. The largest islet covering five hectares is home to … [Read more...] about “Private” islets on Tri An Lake