VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
11/05/2021 14:09 GMT+7
Vietnam would continue to be world’s second largest rice exporter: US department
The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year.
According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year.
It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes.
Analysis
The Vietnamese government has estimated that following a rapid pre-pandemic rise in passenger numbers, the requirement for airport infrastructure during the next five years will be twice what it was in the past five years.
Airports Corporation of Vietnam (ACV) reports that VND25 trillion (USD1 billion) has been invested in expanding airport infrastructure over the past five years to support passenger and cargo growth, but that it will need approximately VND120 trillion (USD5.2 billion) from 2021 to 2025 to complete infrastructure projects.
Vietnam s passenger and cargo traffic increased by an average of 17% and 13% respectively from 2012 to 2019.
However, there are questions about the selection of infrastructure projects, their geography, and whether traffic forecasts have been exaggerated.
59% of Vietnamese firms switch to digital platforms Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
19/04/2021 08:07 GMT+7
In Vietnam, over half of businesses have turned to digital platforms to adapt to the new context amid the Covid-19 pandemic.
Shawn Tan, economist from the World Bank’s Finance, Competitiveness and Innovation Global Practice, said the digital economy is becoming more important, especially amid the pandemic. Digital technologies allow businesses to better adapt to the Covid-19 shock, he said.
Vietnam s economic transition from a middle-income to high-income economy requires growth based on labor productivity. Digital technology will be a tool for Vietnam to speed up corporate productivity, improve adaptability and develop new businesses.
Friday, April 16, 2021, 17:23 GMT+7
Vietnam s Minister of Agriculture and Rural Development Le Minh Hoan gestures during an interview in Hanoi. Photo: Viet Dung / Tuoi Tre
Vietnam s newly-appointed Minister of Agriculture and Rural Development Le Minh Hoan is determined to boost sustainable development in the Mekong Delta, improve the lives of the region’s farmers, and market its products under an internationally recognized global brand.
In a recent discussion with
Tuoi Tre (Youth) newspaper, Minister Hoan, who was ratified by the National Assembly on April 8, shared that his goal is to create “responsible agriculture” in Vietnam’s Mekong Delta.
According to Hoan, the expansion of the country’s agriculture sector may not be a strong indicator of income growth and quality-of-life improvements for Vietnamese farmers.
Vietnamese agriculture minister envisions world-famous Mekong Delta brand tuoitrenews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tuoitrenews.vn Daily Mail and Mail on Sunday newspapers.