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Vietnam business news April 26/2023 

 Wednesday, April 26,2023

AsemconnectVietnam - PM chairs meeting seeking ways to remove obstacles for production, business. Ben Tre promotes high-tech shrimp farming.HCM City discusses socio-economic cooperation with US firms. Da Nang conference discusses Vietnam - RoK novel industry cooperation.Vietjet opens Can Tho-Quang Ninh route.

PM chairs meeting seeking ways to remove obstacles for production, business
Prime Minister Pham Minh Chinh on April 25 presided over a meeting between standing members of the Government and ministries and sectors on solutions to address difficulties and promote production and business. Accordingly, participants discussed measures to reduce lending interest rates; the operation of the corporate bond market and solutions in the coming time; the performance of the Prime Minister's working group on reviewing, urging and guiding the removal of difficulties and obstacles in the implementation of real estate projects for localities and businesses and other solutions.
In his opening remarks, PM Chinh emphasized that in the first quarter of 2023, the country's economic growth was lower than the same period in 2022 due to both objective and subjective reasons.
For the economy to recover quickly and develop sustainably, it is necessary to evaluate and set out appropriate goals, tasks and solutions, with focus on supporting businesses and people to promote production and business, he stated.
Ben Tre promotes high-tech shrimp farming
The high-tech shrimp farming in the Mekong Delta province of Ben Tre has proven effective with the farming area in coastal districts increasingly expanded, generating high profits for local farmers.
According to Chairman of the provincial People’s Committee Tran Ngoc Tam, after more than two years implementing a plan to develop 4,000 ha of cultivation area with advanced technologies applied by 2025, Ben Tre has so far developed 2,867 ha of this kind which produced a total 116,500 tonnes of products, equivalent to 68% of the set plan.
Nguyen Thanh Phong, from Thanh Hai commune, Thanh Phu district, said that applying advanced technology to shrimp farming can help local farmers make super profits. The man said that he has four shrimp farming ponds applied with advanced technology with a total area of 2 ha, which produce 22 tonnes of products worth 1.5 billion VND (nearly 63,900 USD) per crop.
HCM City discusses socio-economic cooperation with US firms
The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the American Chamber of Commerce (AmCham) in Vietnam held a workshop on April 25 to acquire businesses’ feedback on socio-economic cooperation.
Speaking at the event, Chairman of the municipal People’s Committee Phan Van Mai said the city is collecting opinions from local businesses, associations and economists on a scheme to improve the efficiency of its foreign direct investment attraction for the 2023-2025 period with a vision to 2030. It aims to build the city into a modern service-industry and industrial hub, a front-liner in digital economy and society; an economic, financial, commercial, scientific-technological, and cultural centre in Southeast Asia.
Mai hoped that the US firms would share information with the city in the fields of capital market and financial services, digital economy and technology, manufacturing, supply chains and logistics, energy, health care and education to further improve its business environment and propel economic growth.
Da Nang conference discusses Vietnam - RoK novel industry cooperation
A conference was held in the central city of Da Nang on April 25 with a focus on the fourth Industry Revolution (Industry 4.0) and the prospects of the Vietnam - Republic of Korea (RoK) cooperation in new industries.
The RoK’s Consul General in Da Nang, Kang Boo-sung, said future technologies that are innovative and representative of Industry 4.0 are being implemented. Such technologies as the Internet of Things, robots, virtual reality, and artificial intelligence (AI) are no longer imaginary.
For future prosperity, both Vietnam and the RoK should not only quickly respond to changes generated by Industry 4.0 but also proactively make adaptation, he said, stressing that the two countries have become the most important partners of each other in most areas over the last 30 years.
He expressed his belief that with active cooperation in new technologies and new industries, the two countries will jointly obtain prosperity in the future.
Vietjet opens Can Tho-Quang Ninh route
Vietjet inaugurated the first route connecting the Mekong Delta city of Can Tho and Van Don in the northern province of Quang Ninh on April 25, opening up opportunities to develop tourism and trade much more easily than ever between two major economic regions.
The new-age carrier provides service on the route with two return flights per week on Tuesdays and Saturdays.
With flight time of two hours and 20 minutes, it’s easy for people to travel from the capital of the Southwest region to Quang Ninh, the key economic region of the Northeast, home to the world’s natural heritage Ha Long Bay.
Vietnam joins Seafood Expo Global in Spain
Vietnamese seafood are being introduced at the Seafood Expo Global that is underway in Barcelona, Spain from April 25-27.
The exhibition, one of the largest of its kind in Europe and the world, draws over 1,550 exhibitors from 76 countries.
According to the Vietnam Association of Seafood Producers and Exporters (VASEP), Vietnam has joined 20 editions of the exhibition. This year, Vietnam sends 38 fisheries firms to the event, doubling last years’ number.
Along with major products such as tra fish and shrimps, Vietnamese businesses also brought intensively processed products, including ready-to-eat and ready-to-cook products to the exhibition to catch up with consumers’ trend.
T.Huong
Source: Vitic/VNA

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