Hi-tech agriculture proves effective in Dong Nai Agricultural production has been affected by abnormal weather conditions, climate change, and diseases over recent years. Many farms in southern Dong Nai province have applied high-technology in agricultural production in order to cope with the situation, helping increase quality and output. High-tech production requires massive investment, not just capital but also technology, equipment, and “grey matter”, to adapt to cutting-edge manufacturing methods. High-tech manufacturing models have been expanded around Dong Nai, especially in animal husbandry and on poultry farms. Dong Nai has more than 46,000 hectares of crops using water-saving technology and the province has gradually changed to green breeding in accordance with Vietnamese Good Agricultural Practice (VietGAP) standards. Agriculture accounts for 8.3 percent of Dong Nai’s economic structure and agro-forestry-fisheries value currently stands at nearly 1.8 billion … [Read more...] about VIETNAM BUSINESS NEWS FEB. 24
What do farmers grow
Coffee industry seeks to weather COVID-19 crisis
Since Vietnam joined the International Coffee Organization (ICO), the coffee industry has experienced three crises, with the first occurring in 1991 when the ICO removed the quota system, causing the price of Arabica coffee to drop from US$4,000 per tonne to US$3,000 per tonne. The second happened in 2000 when the price of Robusta coffee dropped to US$400 per tonne, and the third took place last year when the price fell by between US$1,300 and US$1,400. Addressing this thorny issue, almost all coffee businesses have participated in e-commerce trading platforms, marketing the products in London and New York. Private firms have also moved to swiftly set up websites in order to sell their coffee products online, with on-demand home delivery services witnessing rapid growth. Aside from serving customers at coffee shops, take-away services have also been added to allow customers to increase the efficiency of doing business whilst simultaneously ensuring COVID-19 preventive measures … [Read more...] about Coffee industry seeks to weather COVID-19 crisis
Indonesian economy to regain growth momentum from second quarter
Testing for COVID-19 in Indonesia (Photo: Xinhua) Jakarta (VNA) - Although the Indonesian Government’s National Economic Recovery (PEN) programme has accelerated the country’s economic recovery post COVID-19, the economy may still be in recession in the first quarter of this year, given the adverse impact of the pandemic. Economist of the Bank Rakyat Indonesia (BRI) Anton Hendranata said about 56.7 percent of the loans launched under the programme to assist State-owned enterprises have proven effective. He expressed his belief that the extension of fiscal incentives of the Indonesian Government this year would continue to help the economy escape from the downturn. According to him, the Indonesian economy will gain its stability and growth momentum from the second quarter, and grow strongly from mid-year. omnibus law" passed last year, remove Indonesia's negative investment list, which covers businesses not open to foreign investment, although still maintain caps … [Read more...] about Indonesian economy to regain growth momentum from second quarter
Miracle for youngest child in Vietnam with artificial thighbone replacement
Motionless, painful with bone cancer On the afternoon of February 22, doctors at the Centre for Joint Surgery and Sports Medicine, under the Hanoi-based Tam Anh General Hospital successfully performed the surgery to replace the entire thighbone for the child patient to treat her bone cancer. Q.A, 11, from Ho Chi Minh City, had suffered a dull pain in right thigh which increased over the past year. Her family sent her to the HCMC Children's Hospital where she was diagnosed with femoral cancer and transferred to HCMC Cancer Hospital for continued treatment. However, after three chemotherapy sessions, she did not get better, while there were signs that the tumour continued to grow, leading to an invasion, breaking the thighbone and causing the child to have the entire right leg cast. At the same time, she still had to endure motionlessness and nagging pain, while continuing to receive further treatment to prepare for next surgeries to remove the tumour. Her family tried their … [Read more...] about Miracle for youngest child in Vietnam with artificial thighbone replacement