Hanoi (VNA) – Agriculture businessesshould embrace connection in order to participate in global value chains, hearda forum held in Hanoi on October 8.
Nguyen Quoc Toan, director of the agriculturalproducts processing and development department under the Ministry ofAgriculture and Rural Development, said as of September 2019, the countrycounted 1,478 value chains of agricultural products across 63 cities andprovinces nationwide.
There are 14,810 agricultural cooperatives andover 7,000 agro-forestry-fishery processing facilities, he said, adding thatmore than 25,500 households have joined production chains with businessescertified with Vietnamese Good Agricultural Practices (VietGAP) while over619,000 households engaged in large-scale field production.
Vietnam is exporting farm produce to 185countries and territories, ranking second in the Southeast Asian region and15th in the world. The country has also joined and signed 16 new-generationfree trade agreements (FTAs), thus creating more opportunities for the exportof agricultural products, Toan said.
In the first nine months of 2019, Vietnamexported 30.2 billion USD worth of farm produce, a year-on-year rise of 2.7percent, he added.
Deputy Minister of Agriculture and RuralDevelopment Ha Cong Tuan said the number of agriculture businesses in Vietnamhas increased rapidly in the past three years.
About 500 enterprises are involved in agriculturalvalue chains from production, harvesting, and processing to trading, headded./.
The recent signing of the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to take effect from early 2020, has opened the door wider for Vietnamese farm produce to make inroads into the more than 500-million people strong market.
The 2019 International Agriculture Trade Fair (AgroViet) and an aquatic product fair will be held in Hanoi in coming weeks, heard a press conference hosted by the Ministry of Agriculture and Rural Development (MARD) on September 17.
Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Dragon fruits for exports (Photo: VNA) 
