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19/05/2021 10:50 GMT+7
Foodstuff prices rise, pose inflation threat
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.
Hai Duong lychee harvest season gets going
Yesterday, there was a ceremony in Thanh Hai district -in the northern province of Hai Duong- to mark the beginning of the local lychee harvest season. The ceremony was attended by Minister of Industry and Trade Nguyen Hong Dien, Minister of Agriculture and Rural Development Le Minh Hoan, and provincial leaders.
Hai Duong is better placed to export lychee to Japan this year, as the Japanese side has authorized the Plant Protection Department to monitor the sterilization of the fruit in Vietnam, according to Luong Thi Kiem from the provincial Department of Agriculture and Rural Development.
Hanoi (VNA) – Deputy Prime Minister Pham
Binh Minh on April 28 hosted a reception for Masahiro Yoshimura, General Manager of Business
Development Department at Japan’s Sumitomo Mitsui Financial
Group (SMFG), who is also in charge of managing Sumitomo Mitsui Banking
Corporation (SMBC).
At the meeting, Minh said the Vietnam-Japan relationship
is developing fruitfully across spheres, and Japan is now Vietnam’s largest ODA
supplier with about 27 billion USD.
Japan is also Vietnam’s second foreign investor with
accumulated investment amounting to 60.3 billion USD, making up 15.7 percent
of total foreign investment in the country.
Japan is the fourth largest trade partner of
ITPC Director Nguyen Huu Tin speaks at the event (Photo: VNA)
HCM City (VNA) - Vietnam and the US have huge potential to boost cooperation
in trade and supply chains after COVID-19 is brought under control, experts
said at a conference held by the Investment and Trade Promotion Centre of Ho
Chi Minh City (ITPC) and the
According to ITPC Director Nguyen Huu Tin, Vietnam and the US have enjoyed
impressive strides forward in economic cooperative ties, with the US being Vietnam’s
largest export market and Vietnam being the US’s 6th-largest importer.
The US has shifted to purchasing products from emerging countries, including