Vietnam 

Farmers need support to expand fruit production – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Dragon fruits is a key produce in Châu Thành District, Long An Province. — Photo dangcongsan.vn LONG AN — Fruit is a key produce of provinces around the Mekong Delta. However, small-scale production and poor links from production to purchase, from process to export, are hindering the development of orchards, attendees heard at a workshop held yesterday in the Mekong Delta province of Long An. According to the Ministry of Agriculture and Rural Development, the…

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China 

Chinese private firms ‘being held back by prejudice as a result of government support for state-owned enterprises’

Chinese private companies are being held back by stereotypes that paint them as less reliable than state-owned enterprises when it comes to repaying their debts, fulfilling their contractual obligations or attracting talent, the boss of a pharmaceutical company has warned.Yang Wenlong, chairman of the private Renhe Group, said these prejudices made it harder for private companies to get loans, adding that this unfair treatment was a consequence of the implicit guarantees the government gave to… Source link

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Vietnam 

PV Power looks for financial support in thermal power projects – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Nhơn Trạch 2 Thermal Power Plant, a sub-unit of PetroVietnam Power Corporation (PV Power). — Photo cafef.vn Viet Nam News HÀ NỘI — PetroVietnam Power Corporation (PV Power) wants to raise US$1.4 billion for its Nhơn Trạch 3 & 4 thermal power plants. Thirty per cent of the capital will be provided by PV Power, and the remaining borrowed from either local commercial banks or international financial institutions. The money will be disbursed over the next five years and seven local commercial banks have committed to provide…

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Vietnam 

Social enterprises in need of more support – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Detailed support policies are needed to help develop social enterprises, experts have said. Nguyễn Thị Minh Thảo, head of Business Environment and Competitiveness Research Department under the Central Institute for Economic Management (CIEM), said that Việt Nam had a number of support policies for social enterprises. However, most were too general and it was difficult for social enterprises to benefit from them. “There are already support policies. But they must be made more detailed,” Thảo stressed. She pointed the six…

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Home 

Beijing to increase support for manufacturing upgrade even though Made in China 2025 omitted from government work report

In delivering his 2019 government work report to the National People’s Congress in Beijing on Tuesday, Chinese Premier Li Keqiang said the country would “work faster to make China strong in manufacturing” despite no mention of “Made in China 2025” in the government work report for the first time in three years.The phrase “Made in China 2025” (MIC2025), the Beijing blueprint for tech supremacy that has aroused suspicion in the US and Europe, was not mentioned at all in China’s 2019 government… Source link

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Vietnam 

Samsung launches first training course for Vietnamese support industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Samsung Việt Nam has launched a course in South Korea for Vietnamese support industry experts. — VNS Photo Viet Nam News SEOUL — Samsung on Monday officially launched its first course in South Korea for Vietnamese support industry experts in collaboration with the Ministry of Industry and Trade. The course will last for 14 weeks. Attendants will have the chance to learn about the world’s leading production processes at Samsung factories in Suwon, Gumi, and Kwangju as well as other outstanding enterprises in South Korea through similar co-operation programmes between Samsung…

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Vietnam 

Samsung confirms leading role in Việt Nam’s support industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Trịnh Đình Dũng receives new general director of Samsung Việt Nam, Choi Joo-ho. — Photo chinhphu.vn Viet Nam News HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has asked South Korean firms, including electronics giant Samsung, to continue playing a leading role in pushing Vietnamese support enterprises for joint development. Dũng made the statement at a reception for the new general director of Samsung Việt Nam, Choi Joo-ho, in Hà Nội on Tuesday. He highly appreciated investors from South Korea, including Samsung, for their efforts…

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Vietnam 

Hà Nội authorities support horse racing project – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Hà Nội’s authorities will work to promptly solve petitions of Korean-based Charmvit Group so it can effectively build out a horse racetrack after the project is licensed, said a municipal official. Speaking with Charmvit Group Chairman Lee Dae-bong on Thursday, Chairwoman of the municipal People’s Council Nguyễn Thị Bích Ngọc said the project has been submitted to Prime Minister Nguyễn Xuân Phúc for approval. However, she said it will need careful consideration because it is a new type of project for Việt Nam.…

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Home 

New bond connect information platform launched in support of Greater Bay Area initiatives

Hong Kong Exchanges and Clearing launched a new bond connect information platform on Friday to make it easier for international investors to trade Chinese bonds, reflecting the first move to enhance the cross border trading scheme since Beijing announced the Greater Bay Area project blueprint on Monday.Launching the new cross-border investment scheme and enhancing the existing stock and bond connect schemes are among the major proposals in the Greater Bay Area project.“The bond connect has… Source link

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Vietnam 

Amazon to support VN enterprises in e-commerce – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Through the workshop, Amazon Global Selling will help Vietnamese enterprises develop their online storefronts for the world’s largest online retail system. — Photo moit.gov.vn Viet Nam News HÀ NỘI — A workshop titled “Export via e-commerce platform: Opportunity with Amazon” will be held in Hà Nội on February 27. The event, organised by the Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) in co-operation with Amazon Global Selling, aims to help Việt Nam’s businesses boost exports via the e-commerce channel. At the conference, Amazon…

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