A consumer inspects pork at a supermarket in HCMC. AVG Capital Partners based in Russia plans to develop a pork processing complex in Thanh Hoa Province with a total investment of US$1.4 billion – PHOTO: THE SAIGON TIMES HCMC – AVG Capital Partners based in Russia and the Thanh Hoa government have signed a memorandum of understanding to develop a pork processing complex with total investment of US$1.4 billion. … [Read more...] about Russian firm to build pork processing complex in Thanh Hoa
Huckabys meat processing
Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa
Meanwhile, Nguyen Van Thi, Deputy Chairman of Thanh Hoa People’s Committee, highly appreciated the investment of AVG Capital to implement the project. Thanh Hoa always welcomes investors to the locality. The province is committed to accompanying investors and creating the most favourable conditions for investors to research and implement projects here. … [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%
The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [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