Value chain

Tô Thị Thu Hương, deputy director of the Ministry of Information and Communications’ information and technology department, said IT is a fast-growing sector with large exports which makes a significant contribution to the country’s GDP. … [Read more...] about Global value chains a mixed bag for IT firms

Bac Giang (VNS/VNA) – The northern province of Bac Giang province has chosen three local products to develop into five-star products this year as part of the One Commune-One Product (OCOP) programme. The specialities are Luc Ngan district litchi, Chu township noodles and Yen The district chicken, said Nguyen Viet Toan, deputy director of the provincial Agriculture and Rural Development Department. Toan said the province also targeted 30 other products reaching four stars. Under the programme, a five-star product is defined as a high-quality product at international standards while a four-star product is a good product that could be improved to meet international standards. To reach the goals, the province plans to focus on strengthening dissemination to make local producers in the value chain change their mindset and standardise products, labels and packaging. Chairman of the provincial People’s Committee Duong Van Thai told agencies to provide training for about … [Read more...] about Bac Giang chooses three local products to shine

Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has requested ministries, localities and businesses strengthen cooperation to develop agricultural mechanisation and processing of agricultural products. Speaking at a teleconference with ministries, sectors and localities on promoting the development of the agricultural product processing industry and mechanisation in Hanoi on February 21, the PM said Vietnam has not yet focused on developing those fields. Vietnam aims to rank among the world’s top 15 most developed agricultural countries and become a global hub for agricultural logistics and processing. Meanwhile, at present, agriculture has used a large labour force, mainly unskilled labour and has a low level of mechanisation, leading to low productivity. Therefore, the State will develop policies to remove difficulties and promote the development of those fields, he said. The Prime Minister urged the Ministry of Agriculture and Rural Development to submit to him a strategy … [Read more...] about Vietnam will promote agricultural mechanisation: PM

Other garment and textile producers also expressed intentions to focus on their traditional markets due to the low cost of materials from China. Even when the delays in supply from China due to COVID-19 pushed them to look for raw material imports from other markets such as South Korea, India, Bangladesh, and Brazil, many saw this as nothing more than a temporary solution. … [Read more...] about Rules of origin trip up garment and textile opportunities from EVFTA

This ministry must also submit to the PM plans on developing the processing industry for vegetables, fruits, seafood, timber and wood products. Those plans would help Việt Nam become one of the five leading producers of those products globally, he said. … [Read more...] about Việt Nam will promote agricultural mechanisation: PM