According to the Ministry of Agriculture and Rural Development, the agricultural sector’s organic farming area increased from 53,350ha in 2016 to 237,693ha in 2019; 46 of the 63 provinces/cities nationwide are engaged in organic agricultural production; 17,168 farmers and 97 businesses are involved in organic agricultural production; and 60 enterprises export organic produce worth a total of US$335 million per year. Vietnamese organic farm produce is sold domestically and exported to 180 countries and territories worldwide, including the US, the EU, China, Japan, Germany, the UK, the Republic of Korea (RoK), Russia, Singapore, France, Belgium, the Netherlands, and Italy, among others, according to a survey published in 2020 by the International Federation of Organic Agriculture Movements (IFOAM). … [Read more...] about Organic farmers reap fruit of investment due to growing demand
Yen investments pte ltd
New programme to support enterprises’ digital transformation over next 5 years
Hanoi (VNA) - The Ministry of Planning and Investment and the US Agency for International Development (USAID) co-organised a launch ceremony for the “Supporting Enterprises’ Digital Transformation from 2021 to 2025” programme on December 3 in Hanoi. … [Read more...] about New programme to support enterprises’ digital transformation over next 5 years
Daewoo E&C LILAMA opposes unfair contractor selection for Quang Trach 1 power plant
At present, contractors are building infrastructure for the plant. However, the project’s progress has been impacted by the encroachment of a number of households in Vinh Son Village on the land allocated for the project. They illegally built houses, a slaughterhouse, and fences to set out land for cultivation. Some families have received compensation but have yet to hand over the land. … [Read more...] about Daewoo E&C LILAMA opposes unfair contractor selection for Quang Trach 1 power plant
Construction on wind power project begins in Ca Mau
Ca Mau (VNA) – Construction of a wind power project started in Nguyen Huan commune, Dam Doi district, the southern province of Ca Mau on January 16. Invested by the WTO Construction Trading Joint Stock Corporation, the project’s first phase has total investment capital of over 10 trillion VND (over 432 million USD), with four wind power plants 1A, 1B, 1C and 1D to be built in coastal communes of Tan Tien and Nguyen Huan in Dam Doi district, and Tam Giang Dong commune of Nam Can district. … [Read more...] about Construction on wind power project begins in Ca Mau
Private sector development to enhance FDI efficiency
In 2017, to enhance the role and the responsibility of private enterprises, the Government issued Resolution 98/NQ-CP dated October 3, 2017 on the action program to implement the Party’s Central Committee’s Resolution 10-NQ/TW dated June 3, 2017 on the development of the private sector economy to an important driver of the socialist oriented market economy. Later, the Politburo issued Resolution 50-NQ/TW dated August 20, 2019 on foreign investment. These are two important documents, which need coordination for synchronous implementation to rectify the shortcomings in FDI attraction and to develop the private sector economy for alliance with FDI to bring about the best benefit for the country. … [Read more...] about Private sector development to enhance FDI efficiency