By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production
Business degree in marketing
Long-term development commitments realised through strategic M&A moves
SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves
VN-Index inches down in week’s opening session
Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session
Ministry wants social networks used to sell goods treated as online marketplaces
Another provision in this draft that raises concern among analysts is that only foreign investors considered by the ministry to be "reputable global technology companies in the field of e-commerce" will be allowed to enter the Vietnamese e-commerce market. … [Read more...] about Ministry wants social networks used to sell goods treated as online marketplaces
HDBank offers incentives to corporate customers for derivative product
Corporate customers opening new commodity derivative accounts and having a turnover of at least 50 lots in the first month within 30 days from the first transaction will get a refund of 50 per cent of transaction fees within 30 days from the date of transaction and can use data on the exchange for free during the first month. … [Read more...] about HDBank offers incentives to corporate customers for derivative product