Over 500 businesses attend food, beverage exhibition
More than 500 businesses from 20 countries and territories are taking part in the 21st International Exhibition on Food & Processing & Packaging Technology in Ho Chi Minh City from August 9-12.
HCM City (VNA) – More than 500businesses from 20 countries and territories are taking part in the 21stInternational Exhibition on Food & Processing & Packaging Technology inHo Chi Minh City from August 9-12.
The presence of new participating countries suchas the Republic of Czech, Brazil, France and the United Arab Emirates isexpected to draw more visitors.
Various kinds of products and new technologiesin agro-forestry-fisheries, beverages, nutritious and medical food, foodadditives, and food preserving, packaging and manufacturing equipment areoffered at the event.
Director of the municipal Department of Industryand Trade Pham Thanh Kien said the annual exhibition aims to promote tradeamong domestic and foreign businesses and enable them to expand market andtransfer technology to develop the food and beverage industry.
The food and beverage processing industry hasgreat potential in Vietnam. Being a tropical agricultural country, Vietnam hasabundant resources – a significant input for the processing industry.
The exhibition was first held in 1996. After 20exhibitions witnessing significant and rapid changes in the market, from theinitial purpose of serving consumers' basic needs, the food and beverageindustry has become a sector with considerable market share accounting for 15percent of the gross domestic product, and it will continue to grow.-VNA
Several foreign firms have recently acquired stakes in Vietnamese food processing enterprises, showing the local food industry’s increasing attractiveness.
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.
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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.
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Visitors at the event (Source: VNA)
