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Answering a reporter’s query on stepping up the consumption of agricultural products of pandemic-hit localities, Hai said that over the past time, the Government has instructed ministries, sectors and localities to carry out measures to ensure the implementation of the twin targets. When the pandemic showed signs of worsening in Hai Duong and Quang Ninh provinces, Prime Minister Nguyen Xuan Phuc issued Directive No.05 on January 28 on urgent COVID-19 prevention and control measures, in which the Government leader assigned Chairpersons of provincial and municipal People’s Committees to decide social distancing measures to be used based on the level of risk of each area. However, as several localities put overemphasis on pandemic prevention and control, they imposed several measures which caused difficulties to the circulation of goods, particularly farm produce, in pandemic-hit areas, particularly Hai Duong Province. The Ministry of Industry and Trade (MoIT) has put forward … [Read more...] about Government ensures dual targets of pandemic prevention, economic development

Born and raised in Europe but Liisi has a special passion for Vietnamese Ao Dai (traditional gown) and Vietnamese silk products. Liisi next to silk garments from her own brand. Business started from the love for Ao Dai Liisi Mari (born 1990) was born and raised in Estonia. Liisi's family had been painters for three generations, so she inherited some of that talent. Living in the cradle of art, since childhood Liisi has always been immersed in paintbrushes and canvases. Her favorite technique is drawing on silk. Later, Liisi graduated from the University of Arts in Estonia and went to Hong Kong (China) to study. Here, she met the man of her dreams and got married to a Vietnamese. “When we first met, I often shared with my husband Ngoc my hobbies. He said Vietnam is a famous country for its silk. We talked about a lot of things but I was really fascinated when he had the same aspirations,” Liisi said. When she was introduced to Ngoc’s family, his mother … [Read more...] about Foreign woman loves Ao Dai, brings Vietnamese silk to the world

Market leader Hoa Phat Group last month exported over 12,000 tonnes of products, mostly cold-galvanized steel, to North and South America. This followed an export of 10,000 tonnes in January to Belgium and Spain. The company targets producing 300,000-400,000 tonnes of steel products this year, 30-40 percent of which are likely to be exported. Its competitor Hoa Sen Group last month set a new export record of 121,000 tonnes of galvanized steel worth more than $100 million. The group has a network of over 85 countries and territories, with main markets being the U.S, Mexico, Europe and Southeast Asia. Vietnam’s steel industry is expected to see growth of 5-6 percent this year, with global demand set to rise by 4.1 percent thanks to recovery in developed markets, according to the Vietnam Steel Association (VSA). Other drivers for growth include expectations of rising public investment in infrastructure, the recovery of the real estate market and more foreign direct investment, … [Read more...] about Steel industry expected to recover this year

The Hanoitimes - The Vietnamese automaker aims to become a global smart electric car company. Vietnamese automaker VinFast, a subsidiary of conglomerate Vingroup, plans to build an automobile factory in the US with the aim of selling electric cars in California in 2022. Car showrooms in Vietnam. Photo: VinFast The Vietnamese automaker declined to provide details about investment, timing and location. However, the company will develop high-end models for the market in the immediate term and open 35 showrooms and service centers this year. California authorities have granted the Vietnamese company a license to test autonomous vehicles on public streets. Last September, the US state’s Governor Gavin Newson set a roadmap to stop selling gasoline cars by 2035 in order to make it a "zero-emissions" state. This policy is considered  the driving force for VinFast to strongly invest in electric car fabrication and distribution in the US market, according to … [Read more...] about VinFast plans to build automobile factory in US

The Hanoitimes - Overall crude oil and natural gas production in Vietnam may suffer year-on-year declines of 5% and 1%, respectively, in 2020. Vietnam’s crude oil and natural gas production face downside risks, in light of a double-whammy of global oil price collapse and sluggish demand due to continued spread of the Covid-19 pandemic, according to Fitch Solutions. Vietnam - Crude Oil & Natural Gas Production. As of March 31, benchmark Brent had lost almost 60% of its value since the start of 2020. This has occurred next to an apparent price war between Saudi Arabia and Russia, in the aftermath of failed OPEC+ talks in March, and global demand fears created by the Covid-19 pandemic. This has triggered widespread reactions from across the globe as oil and gas firms announced significant capex cuts, reduced output targets and other cost cutting measures, in order to ride out the downturn. By comparison, responses from Asia’s national oil companies (NOCs) … [Read more...] about Vietnam crude oil and natural gas production face downside risks on Covid-19