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At the 26th Vietnam International Medical, Hospital and Pharmaceutical Exhibition (Photo: VietnamPlus) Hanoi (VNA) - The 26th Vietnam International Medical, Hospital and Pharmaceutical Exhibition (Vietnam Medipharm Expo) opened in Hanoi on December 5, attracting 180 exhibitors from 18 countries and territories. Among firms participating are those from Belarus, Germany, Russia, the Czech Republic, Spain, Turkey, Ukraine, the United States, the Republic of Korea, Japan, China, India, Poland, Malaysia and Pakistan. The exhibitors showcase advanced medical equipment, pharmaceuticals, and various beauty care products at 220 booths. Nguyen Dinh Anh from the Health Ministry said the exhibition is an opportunity for domestic and foreign pharmaceuticals businesses to meet and share learn, helping attract investment in Vietnam as well as a chance for domestic firms to seek partners and expand their markets. Within the framework of the event, many seminars and business matching events … [Read more...] about Vietnam Medipharm Expo opens in Hanoi

Photo: Nikkei.asia.com The world's largest glove maker is expected to invest $24.5 million to build the new factory, which would produce four billion polyvinyl chloride gloves a year, Japanese newspaper Nikkei Asian Review reported. The plant will be built on an industrial plot in Vietnam, measuring more than 20 acres, Top Glove executive chairman and founder Lim Wee Chai told the New Strait Times. The company’s managing director, Kim Meow Lee told Malaysia’s The Star newspaper on the sidelines of the 2019 Invest Malaysia that the construction of the plant has started and production would commence in the first quarter of 2020. Top Glove, which has a market capitalization of just over $3 billion, reported profits of $105.7 million last year on revenues of $1 billion. By the end of next year Top Glove expects to have 872 product lines, up from 648 this year when capacity rose to 83.3 billion gloves from 63 billion last year and 49 billion in 2017. … [Read more...] about World’s largest glove maker to open first Vietnam factory next year

Illustrative image (Source: internet) Bangkok (VNA) – Thailand’s Ministry of Commerce has reported that the country’s exports of fruits and vegetable to China surged 31 percent in the January-May period to 1.2 billion USD. Export revenue of fruit rose 123 percent to 838.61 million USD. Of the figure, earnings from durian accounted for 48.5 percent, followed by longan, mangosteen and coconut. However, export revenue of vegetable in the period was only 361 million USD, a drop of 33 percent year on year. Cassava was the major currency earner of the country which made up 96 percent of the total exports of farm produce to China, followed by beans and dried vegetable. Speaking to the local media, Auramon Supthaweethum, head of the Thailand’s Ministry of Commerce’s Department of Trade Negotiations, said that the ASEAN-China Free Trade Agreement (ACFTA) helped facilitate exports of vegetable and fruits. She held that the deal is an important tool for … [Read more...] about Thailand sees strong rise in exports of vegetable, fruits to China

Alex Newbigging, managing director of Jardine C&C Group On July 30, Jardine Cycle & Carriage (Jardine C&C), a leading group with long-term diversified interests in market-leading businesses across Southeast Asia, announced the Jardine Cycle & Carriage Scholarship, which partner six established universities to support about 70 students. Reaffirming its commitment to grow alongside Southeast Asia, Jardine C&C established university scholarship programmes to sponsor the tuition of students in six countries in Southeast Asia, including Vietnam. Through a series of endowments and donations that are long-term in nature, Jardine C&C’s support for the partner education institutions will run in perpetuity or for a sustained period of 8-12 years. In the next 10 years, about 70 Southeast Asian undergraduates will receive the scholarships. Alex Newbigging, Jardine C&C Group managing director, said, “The launch of the scholarship reinforces Jardine … [Read more...] about Jardine C&C launches regional university scholarship programmes

World Bank Country Director for Vietnam Ousmane Dione addresses the meeting in Hanoi on December 5 (Photo: VNA) Hanoi (VNA) – The Ministry of Agriculture and Rural Development (MARD) held a meeting in Hanoi on December 5 to discuss ways to sustainably develop raw material areas and improve processing capacity and market access for agro-products of Vietnam. MARD Minister Nguyen Xuan Cuong said though the agricultural sector of Vietnam has obtained major achievements, it cannot rest on its laurels due to three challenges, which are the small production scale, climate change impacts and economic integration into the world. He admitted that the country has good agricultural production capacity but the production remains ineffective due to the small scale. Besides, deep processing has just developed for only some commodities like shrimp, tra fish and milk to create products with higher added value. Most of other agricultural products have very short value chains. Vietnamese … [Read more...] about Meeting talks sustainable development of agricultural material areas