Troublesome meat processing

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

AVG Capital Partners is a private equity firm that is based in Moscow, Russia. The firm primarily seeks to invest in the agribusiness, technologies, real estate, and energy sectors. It invests in the latest technologies to substantially improve farming efficiency. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa

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

A worker at a factory in Vietnam – PHOTO: HUNG LE HCMC - Standard Chartered has forecast that Vietnam’s gross domestic product (GDP) growth would rebound to 7.8% in 2021 from 2.9% in 2020, with manufacturing likely to continue driving the economy, helping Vietnam outperform the rest of Asia.  … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

American novelist, editor, and travel writer Hanya Yanagihara once said: “I love how Vietnamese cuisine always tastes like flowers, and how they had the ingenious idea of pairing that floral flavour with seafood: such a combination shouldn't work as well as it does.” … [Read more...] about A cheesy treat for all ages