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Flower growers look to online sales amid COVID-19 resurgence Workers at a flower farm in Da Lat City. Traditionally, city dwellers shop for flowers and botanicals at flower markets to fill their home with the most cheerful blooms to celebrate the new year. But many flower growers said that flower markets were not busy this year, leaving them with an oversupply. Nguyen Duy, a flower farm owner in Da Lat City, said that COVID-19 outbreaks in many localities would likely affect people's purchasing power for flowers ahead of Tet festival. Thuy Vu, director of the The Gioi Hoa Tuoi JSC, a wholesale supplier of flowers, said it would not focus on retail sales for the Tet festival this year due to market uncertainty. Nguyen Thi Ngoc Lan, a flower vendor at Ho Thi Ky flower market in HCM City, said flowers stockpiled for the Tet market this year were not as numerous as last year due to concerns over weak purchasing power. Purchasing orders with flower farms are expected to … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 8

>>> COVID-19 warning raised to highest level at airports >>> Vietnam records four new COVID-19 infections on February 8 morning The southern economic hub detected 24 more COVID-19 cases on Sunday night besides the four cases announced by the Health Ministry earlier the same day. All the new patients are staff members at Tan Son Nhat International Airport, belonging to the same luggage delivery team as the patient confirmed positive with the coronavirus over the weekend. They were all transferred to quarantine. The city is now tracking people who had close contact with them. At a teleconference with the city’s authorities on February 8, Minister of Health Nguyen Thanh Long urged the city to act more quickly in zoning off affected areas with links to the new cases, and conducting mass testing in those areas. Long asked the HCM City Pasteur Institute to increase testing capacity to 5,000 samples per day, adding the Ministry of Health will support the city … [Read more...] about Ho Chi Minh City takes rapid action as more locally transmitted COVID-19 cases found

VIETNAM BUSINESS NEWS Rice exports enjoy opportunities for breakthrough in 2021 High hopes are pinned on Vietnam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Vietnam, while many others have great demand for fragrant rice and sticky rice – which are advantageous staples of Vietnamese enterprises. The bilateral and multilateral free trade agreements between Vietnam and other countries such as the EU-Vietnam and the UK-Vietnam FTAs with preferential tariffs would create favourable conditions for Vietnamese rice to compete with that from rival countries, the Vietnam Food Association said. According to the Vietnamese Trade Counsellor in the UK Nguyen Canh Cuong, rice shipments to the country this year will sharply rise against 2020. He added more UK firms will purchase Vietnamese rice under the UK-Vietnam FTA, creating a chance for Vietnamese rice to expand its market share in the UK this year. … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 15