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The rising demand has contributed to increasing the sales of meat and vegetable suppliers. Vu Anh Tuan, vice senior general director of C.P. Vietnam, the largest farming company in the country, told VIR that the group sold an average of 16,000-17,000 pigs a day, up 5 per cent on-year. According to the group’s forecast, its sales will retain that growth momentum in the coming time. … [Read more...] about Virus rouses food safety awareness in Vietnam

The Oxford Economics and Cisco 2018 report “Technology and the future of ASEAN jobs: The impact of AI on workers in ASEAN’s six largest economies” projected that 7.5 million jobs (largely in agriculture, manufacturing, and wholesale and retail) would be displaced by AI in the next 10 years in Vietnam. At the same time, the report anticipated that millions of new jobs with different functions in mostly the same sectors would be created through what the report called the “income effect”. Thus, the net job loss is about 1.7 million, 90 per cent of which will be in the agricultural sector. … [Read more...] about Inclusive policies amid digital transformation

The Vietnamese government leader said that peace, stability, solidarity, unity, prosperity and sustainability would remain the purpose, identity and overarching goal of the ASEAN Community. These values pave the way for ASEAN to forge a new image and new role in making responsible contributions to dialogue and cooperation at the global level. … [Read more...] about Cohesive and responsive: Vietnam ready for ASEAN leadership

The partnership iterates Validus’ commitment to providing ways and bridging the financing gap that many SMEs face when it comes to business financing. Through its Corporate Partnership programme, Validus seeks to actively work with companies like Nafoods to provide supply chain financing to its SMEs, such as farmers and distributors. Nafoods is a Vietnamese agri-food business and manufacturer that integrates agricultural processing from farm to distribution. It is also backed by the International Finance Corporation (IFC), a member of the World Bank Group that works with the private sector in developing countries to create markets that open up opportunities for all. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 12

Founded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®, a not-for-profit, standards organisation that develops and drives adoption of easy-to-implement global standards for business to uniquely identify, accurately capture and automatically share vital information about products, locations and assets. Headquartered in Brussels, Belgium, GS1 has over 110 national chapters in 150 countries.GS1 Hong Kong's mission is to empower business to grow and to improve efficiency, safety, authenticity and sustainability across multiple sectors and facilitates commerce connectivity through the provision of a full spectrum of platforms, solutions and services based on our global standards. We provide a trusted foundation for accurate, sharable, searchable and linkable data. Our EPC standard lays the foundation for IoT, powering a range of IoT-based services and applications. We are helping industry to meet the challenges of omni-channel commerce … [Read more...] about FrieslandCampina Hong Kong is recognised as ‘Diamond Award Enterprise’ and attained 3 Stars of Efficient Consumer Response Index in GS1HK Quality Food Traceability Scheme 2019