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Tra fish processed for export (Photo: VNA) Hanoi (VNA) – Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth , according to insiders. Statistics of the Ministry of Industry and Trade (MoIT) shows that Vietnam’s import-export value reached 95.8 billion USD in the first two months of 2021, up 24.5 percent year-on-year. Of the total, exports were valued at 48.55 billion USD, up 23.2 percent, and imports 47.26 billion USD, up 25.9 percent. During January-February, Vietnam enjoyed a trade surplus of 1.29 billion USD, down from the 1.8 billion USD seen in the same period last year. The domestic sector posted a trade deficit of 4.14 billion USD, while the FDI sector, including crude oil, saw a trade surplus of 5.43 billion USD. At the Government’s February regular … [Read more...] about Insiders make suggestions to maintain sustainable export growth

A corner of Bac Giang city (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang is improving a master plan on the development of industrial parks (IPs) and complexes, as well as land use planning, according it its provincial Party Committee. The province is also refining a master plan on urban areas for the 2021-2030 period to attract investment. It built a project on supporting start-ups in the locality, towards strongly developing private economy, and issued a list of projects in need of investment in the fields of agriculture and rural development. The locality considered building mechanisms to support investment in hotel construction projects and hi-end services. In particular, Bac Giang will step up administrative reform , improve the provincial competitiveness index, pool resources to build key socio-economic infrastructure while enhancing the quality of human resources and State management on projects. The province will actively assist … [Read more...] about Bac Giang betters master plan on IPs development

E-commerce platforms are effective tools that can help farmers reduce losses when there is an oversupply of produce and sales are slow. In Gia Loc district in Hai Duong province on March 2, the roads were very quiet even though in a few hours the social isolation order would expire (at 0:00 on March 3). Somewhere in the fields were farmers who were still doing their daily work. For them, their fields must be taken care of every day. With more than 93,000 hectares of agricultural land, accounting for 56.5% of the total area, Hai Duong is among provinces with a large agricultural production area. Its main agricultural products are vegetables, fruits, livestock and poultry. Before the pandemic, the biggest difficulty for local farmers was the connection between producers and consumers. During the pandemic, because of the blockade and restriction of means of travel, the difficulties multiplied. Born into a … [Read more...] about E-commerce platforms help “rescue” agricultural products

Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh during the talk with his Venezuelan counterpart. — Photo from the Ministry of Foreign Affairs HÀ NỘI — Venezuelan Minister of Foreign Affairs Jorge Arreaza has affirmed that his country always attaches great importance to and wants to strengthen the comprehensive partnership with Việt Nam. During his virtual talks with Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh on Friday, Arreaza congratulated Việt Nam on the success of the 13th National Party Congress, while praising the country’s efforts in fighting the COVID-19 pandemic as well as in maintaining economic growth. Minh detailed Việt Nam’s situation and the outcomes of the 13th National Party Congress as well as the country’s COVID-19 response measures and solutions to promote socio-economic development and ensure social security. He said Việt Nam supports efforts by the constitutional government of … [Read more...] about Việt Nam, Venezuela seek to beef up friendship

FPT Smart Technologies is headquartered in Da Nang – Vietnam’s third largest city. (Photo: Shutterstock) Hanoi (VNA) – Vietnam’s leading IT services provider FPT Software, a subsidiary of FPT Corporation, and Smart Holdings of Toyota Group have recently launched FPT Smart Technologies - a joint venture providing digital transformation services and solutions. FPT Software holds 51 percent of stake in the joint venture. The joint venture was launched at a time when Japan is looking toward a 5.0 society – a super-smart society fueled by smart technologies and innovations among industries. It will offer digital transformation services and solutions in manufacturing, automobiles and construction industries by combining technological expertise, experiences and domain knowledge of the two companies. Automotive technology is one of the spearhead capabilities of FPT Software, with Japan being a key market in FPT’s globalisation strategy./. VNA … [Read more...] about FPT, Toyota launch digital transformation joint venture