Besides, the projected complex will comprise a feed production factory with a capacity of two million tons per year, a slaughterhouse and a processing facility covering 400 hectares with a capacity of 600,000 tons per year. The project will be carried out in three phases. … [Read more...] about Russian firm to build pork processing complex in Thanh Hoa
Encampment meat processing
Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa
AVG Capital Partners is a private equity firm that is based in Moscow, Russia. The firm primarily seeks to invest in the agribusiness, technologies, real estate, and energy sectors. It invests in the latest technologies to substantially improve farming efficiency. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa
Demand for imported high-value seafood rises
HCM City (VNS/VNA) - Vietnam’s imports of high-value seafood such as king crabs and lobsters are rising due to their falling prices, and are expected to rise even further during the Lunar New Year (Tet) Festival, experts have said. Robert Greenan, Deputy Consul General at the US Consulate in Ho Chi Minh City, said last year exports of Alaskan seafood rose 125 percent to 19 million USD. Vietnam became the US’s sixth largest buyer of agricultural products and foodstuffs with imports worth 4 billion USD. According to the Alaska Seafood Marketing Institute in Vietnam, demand for seafood is rising in the country, and several processing factories are moving from China to Vietnam due to tariffs. Alaskan seafood is mostly bought by restaurants and hotels and processors. The institute aims to expand the distribution network so that more customers can buy Alaskan seafood for cooking at home. During Tet, there is especially high demand for Alaskan king crab since it is relatively … [Read more...] about Demand for imported high-value seafood rises
Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
“Vietnam is a clear beneficiary, and we expect this trend to continue in the next couple of years as tensions persist. Vietnam will continue to serve as an alternative destination as countries and companies seek to reduce their reliance on manufacturing in China. This is positive for the country’s medium- to long-term growth prospects,” added Leelahaphan … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
A cheesy treat for all ages
And the late Anthony Bourdain, a regular visitor to Viet Nam before his passing and a lover of Vietnamese cuisine, once said: “Viet Nam. It grabs you and doesn’t let you go. Once you love it, you love it forever. All the senses are engaged here.” … [Read more...] about A cheesy treat for all ages