The national project on developing high-quality coffee has helped businesses and farmers apply technologies in farming, cope with climate change, reduce production costs and improve economic efficiency in coffee production, heard a conference held in Buon Ma Thuot city, the Central Highlands province of Dak Lak, on December 29.
Dak Lak (VNA) – The national project ondeveloping high-quality coffee has helped businesses and farmers applytechnologies in farming, cope with climate change, reduce production costs and improveeconomic efficiency in coffee production, heard a conference held in Buon MaThuot city, the Central Highlands province of Dak Lak, on December 29.
The project has also strengthened connectivity between businesses, cooperativesand farmers, while building brand names.
According to the Ministry of Agriculture and Rural Development, Vietnam is oneof the biggest coffee producers in general, and the biggest producer of robustain particular in the world.
Vietnamese coffee has been shipped to 80 countries and territories, withrevenue amounting to 2.85 billion USD in 2019, making up 7.8 percent of theworld’s coffee export value.
The domestic coffee sector has generated jobs for more than 600,000 households,contributing to socio-economic development and poverty reduction in the CentralHighlands and Northwestern regions, and others.
Thanks to the Government’s policies and efforts by enterprises and farms,coffee export turnover accounts for some 15 percent in the country’s totalagricultural export revenue, and coffee contributes more than 10 percent of theagricultural sector’s GDP.
In support of the coffee sector, the Prime Minister approved Decision No.787/QD-TTg dated June 5, 2017 to add coffee to the list of national productsunder the National Product Development Programme by 2020.
The project on high-quality coffee development (2018-2020) aims to promotehigh-quality, competitive and high value-added products.
Under the project, coffee productivity has increased rapidly, averaging 2.8tonnes per ha, and the rate of intensively processed coffee expanded from 5percent five years ago to 12 percent in 2020, according to Deputy Minister ofAgriculture and Rural Development Le Quoc Doanh./.
Manmade forests in Dak Lak province’s M’ Drak district offer stable incomes to local residents who are allowed to exploit them while increasing forest cover.
Real Beans Coffee, a coffee brand in Vietnam, are among nine winners of the 1st ASEAN-Korea Excellent Design Exhibition Award this year which honours the best packaging designs made in ASEAN 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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Photo: VNA) 
