Deputy Prime Minister Trương Hoà Bình speaks at the 2019 Đắk Lắk investment promotion conference held on March 10 in the province. VNS Photo Việt Dũng Viet Nam News Xuân Hiệp & Việt Dũng ĐẮK LẮK — Deputy Prime Minister Trương Hoà Bình has urged the Central Highlands region to build a Vietnamese coffee brand capable of competing with rivals at home and abroad. Speaking at the opening ceremony of the seventh Buôn Ma Thuột Coffee Festival on Saturday night, Bình said the region should aim to become a “world famous coffee destination”. The area is known for its basaltic land with huge rubber and coffee plantations, he noted. “The Central Highlands region has great advantages and potential for coffee plantations and exports.” Đắk Lắk Province’s coffee products, with the … [Read more...] about Central Highlands province opens coffee festival, calls for investment
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US asks Vietnam to cut import tariffs on agricultural products
The proposed tariff cut is aimed to balance bilateral trade relations. The US has requested Vietnam to cut its import tariffs on a number of agricultural products in 2020 and afterwards, according to Vietnam’s Ministry of Finance (MoF). The items subject to tariff reduction include chicken and processed chicken meat, almond, grape, wheat, pork, potato, among others, aiming to balance bilateral trade relations. A reduction of import tariffs on these products would be included in the government’s revised Decree No.125 on amendments to certain articles of Decree No.122 on export duty schedule, preferential import duty schedule, and lists of commodities and their flat tax rates, compound tax rates and outside tariff quota rates. Specifically, tariff on chicken and processed chicken meat is proposed to be cut from the current 20% to 14.5% in 2020, and 0% in 2028. The US also requested Vietnam to reduce tariffs on fresh apples and grapes to 0% in 2020 while the tariffs on wheat, … [Read more...] about US asks Vietnam to cut import tariffs on agricultural products
Samsung Việt Nam to prioritise pork use
Workers of Samsung Việt Nam enjoy meals from pork meat. — VNS PhotoViet Nam News HÀ NỘI — Samsung Việt Nam on Thursday officially launched the food campaign prioritising the use of pork in meal for all its 142,000 workers. The campaign is aimed at responding to the call of the Vietnamese Government to support farmers in overcoming difficulties due to the fluctuation of pork prices since May. It contains a series of practical activities such as increasing the pork consumption in daily meal by 60 per cent for workers, providing nearly VNĐ800 million to purchase pigs in northern Bắc Ninh, Thái Nguyên and Bắc Giang, organising the ’Pork Day’ and recommending to employees to use pork in their meal. Accordingly, since May, all Samsung factories have prioritised dishes processed from pork for three meals per day. Within a month of its implementation, the amount of pork consumption in the five factories has increased … [Read more...] about Samsung Việt Nam to prioritise pork use
