Vietnam 

National industry promotion programme must be renovated – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The national industry promotion programme in the next period would focus more on creating breakthroughs for the rural industries . – Photo congthuong.vn HÀ NỘI — The national industry promotion programme is set to focus more on creating breakthroughs for rural industries in enhancing productivity, quality and competitiveness of industrial and handicraft products, according to an official. Lưu Duy Dần, chairman of the Việt Nam Association of Craft Village, made the statement at a conference on Wednesday to review the results of a national industry promotion programme in 2014-18 that it…

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Vietnam 

Credit package proposed for support industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Chip panels are produced at Manutronic Việt Nam JSC at Tiên Sơn Industrial Park in Bắc Ninh Province’s Tiên Du District. Support industry is addressed as the backbone of the Vietnamese economy and will receive a US$4.3 billion low-interest loan package to improve its competitiveness. — VNA/VNS Photo Trần Việt HÀ NỘI — The Ministry of Industry and Trade (MoIT) has proposed a VNĐ100 trillion (US$4.31 billion) preferential credit package for the development of the country’s support industry. The ministry says that Vietnamese support industry products could have high competitiveness,…

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China 

African swine fever has now spread to all parts of China, posing threat to pork industry

African swine fever, which is deadly to pigs but not harmful to humans, has now spread to all Chinese mainland provinces since the first case was confirmed in August, posing a serious threat to the hog industry and raising concerns about consumer inflation.The Ministry of Agriculture and Rural Affairs on Sunday said 146 pigs had died from the highly contagious virus at six farms on the southernmost province of Hainan. The first confirmed cases on the tropical island were reported on Friday,… Source link

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Vietnam 

Int’l beauty industry exhibition opens in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at the 2019 Cosmobeaute Vietnam which opened in HCM City on Thursday (April 18). — VNS Photo Xuân Hương HCM CITY — The Vietnam International Exhibition on Aesthetic, Beauty, Cosmetic, Hair, Nail and Spa and Wellness, known as Cosmobeauté Vietnam, opened in HCM City on Thursday with more than 200 exhibitors taking part. Exhibitors are from 10 countries and territories: Japan, China, South Korea, Malaysia, Portugal, Singapore, Taiwan, Thailand, the US and Việt Nam. Cosmobeauté Vietnam 2019 features the latest salon equipment and supplies, hair care, aesthetic treatment machines,…

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Vietnam 

Malaysian firms explore investment in VN’s car manufacturing industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A view of a VInFast plant, expected to go operational in June. — Photo vneconomy.vn HÀ NỘI — Fifteen Malaysian firms are visiting Việt Nam to explore investment opportunities in the country’s car manufacturing industry. Malaysian Ambassador to Việt Nam Dato Mohd Zamruni Khalid said at a workshop held on Thursday to discuss business opportunities between Việt Nam and Malaysia in the automobile component industry that Việt Nam was an attractive market for car manufacturing given its young population and favourable investment policies. He said Malaysian firms expected to co-operate with partners in…

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Vietnam 

Tra fish industry needs to improve product quality – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Tra fish products will face competitiveness from China’s products. — Photo kinhtenongthon.vn HCM CITY — Việt Nam’s tra fish (pangasius) industry has been urged to strongly improve its quality so as to compete with not only traditional rivals, but also its biggest tra fish importer – China. According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), the domestic tra fish sector faces many rivals, including China, India, Indonesia, and Bangladesh – who each represent around 15-20 per cent of global production. Experts said the competitiveness of Vietnamese tra…

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China 

Chinese and US companies fear Donald Trump’s trade war on the car industry

This story is part of an ongoing series on US-China relations produced jointly by the South China Morning Post and POLITICO, with reporting from Asia and the United States.Jack Sun’s company does not sell directly to the United States but if US President Donald Trump decides to slap tariffs on the global car industry, suppliers such as Sun’s machinery firm would be right in the line of fire.Qingdao Ray Machinery and Technology, a 30-person operation based in northeast China, exports moulds and… Source link

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Vietnam 

Local yarn industry experiences difficulties – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HÀ NỘI – Việt Nam’s yarn industry faces many challenges in production and export, especially to China, one of the largest export markets for local yarn products, according to experts. The Việt Nam Textile and Apparel Association (Vitas) said that in December 2018 and January 2019, Việt Nam’s yarn production industry had to accept a drop in yarn price to $2.6 per kilo, as well as a kilo of cotton falling to $2.1, to maintain production and keep customers. Normally, in yarn production and trading, when the gap between raw material…

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Vietnam 

Việt Nam’s steel industry facing nearly 50 anti-dumping and –subsidy investigations – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Steel is subjected to the highest number of trade defence investigations in the world because it is produced by many countries and is considered a product related to national security. — Photo diendandatdai.com HÀ NỘI — Việt Nam’s steel industry is facing 47 anti-dumping and anti-subsidy investigations from importing countries, accounting for one-third of the total cases of Vietnamese goods, according to a report from the Ministry of Industry and Trade (MoIT)’s Trade Defence Department. According to Phạm Châu Giang, deputy director of the department, steel is subjected to the highest number of trade defence…

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Vietnam 

Poultry industry needed to further develop – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Việt Nam’s poultry industry needs to promote further development for high demand at home and abroad markets. – Photo nongnghiep.vn     HÀ NỘI – Việt Nam needed to promote the development of it’s poultry industry due to rising demand for eggs and meat in the domestic and global markets.   Experts made the comments at a meeting organised by the Ministry of Agriculture and Rural Development (MARD) in Hà Nội on April 12. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến said it was necessary to…

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