Hi tech low tech

Localities need to set up plans for hi-tech agricultural areas in accordance with regional growing and climate conditions.– Photo baodansinh.vn ĐÀ NẴNG – Localities need to set up plans for hi-tech agricultural areas in accordance with regional growing and climate conditions. This is the solution that delegates emphasised at an agriculture forum with the theme "High-tech application in agricultural production adaptation to climate change in the south central coastal areas". The forum was held on Friday in the central city of Đà Nẵng by the National Centre for Agricultural Extension and the Đà Nẵng Department of Agriculture and Rural Development. Knots removal Hồ Huy Cường, director of the Agricultural Science Institute for Southern Coastal Central Việt Nam, said that the area had ​​4.42 million hectares of natural land, of which agricultural land accounts for 18.7 per cent. The region has two distinct rainy and dry seasons and rainfall varies from 500 to 2500mm annually. … [Read more...] about Experts find solutions for high-tech agriculture

Waste treatment plant sold at low price to tackle debt By Trung Chanh Phuong Thao waste treatment plant has been sold for over VND150 billion to pay off its debt to Vietnam Development Bank, while its initial investment amounted to VND250 billion – PHOTO: TRUNG CHANH CAN THO – The Phuong Thao waste treatment plant in the Mekong Delta province of Vinh Long has been transferred to a new investor at a mere VND152.2 billion to pay off its debt, after its operations were suspended several times. A company in the province bought the plant at the given price (excluding taxes), which is nearly VND100 billion lower than the plant’s initial investment of VND250 billion announced in 2009, according to Nguyen Duc Tam, director of Vietnam Development Bank’s (VDB’s) Can Tho Branch. Tam on January 7 told the Saigon Times that the plant would be sold to pay off the bank loans taken by the plant’s owner. Also, under the direction of the provincial government, the plant was … [Read more...] about Waste treatment plant sold at low price to tackle debt

Local banks report low bad debt ratio By Thuy Dung A bank teller is using a cash register to count Vietnamese banknotes. The banking sector reports the bad debt ratio at over 2% last year - PHOTO: THANH HOA HANOI - The bad debt ratio of the banking system was maintained low, at just over 2% last year, said Tran Dang Phi, deputy chief inspector of the Banking Inspection and Supervision Agency, under the State Bank of Vietnam (SBV). At a press conference today, January 7, on the banking sector’s performance last year and plans for this year, Phi noted that the banking sector had achieved positive results last year, including the low bad debt ratio, as SBV and credit institutions had effectively executed the National Assembly’s Resolution 42 on the settlement of nonperforming loans on a trial basis and the prime minister’s decision on the restructuring of credit institutions in the 2016-2020 period. The banking sector had focused on solutions for bad debt settlement, … [Read more...] about Local banks report low bad debt ratio

Incentives should be applied to hi-tech projects’ locally executed stages: ministry By Vu Dung Two employees are at work at an FDI firm. The Ministry of Planning and Investment has proposed that preferential policies should be applied only to stages of hi-tech projects executed in Vietnam - PHOTO: THUY DUNG HANOI - The Government’s preferential policies should be extended to stages of a hi-tech project conducted only in Vietnam instead of to the entire project, according to the Ministry of Planning and Investment. The ministry is preparing a plan to attract foreign direct investment (FDI) in the coming period and will submit it to the Politburo this month. Vu Dai Thang, deputy minister of Planning and Investment, said that Vietnam is finalizing socioeconomic development strategies for the 2011-2020 period and is building strategies for the next decade. Over the last 30 years, the country attracted some 28,000 FDI projects, with total registered capital of US$300 … [Read more...] about Incentives should be applied to hi-tech projects’ locally executed stages: ministry

Cuban leader, President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz Canel Bermudez, meets with Secretary of HCM City’s Party Committee Nguyễn Thiện Nhân on November 10, as part of his official visit to Việt Nam. — VNA/VNS Photo Xuân Khu Viet Nam News HCM CITY — HCM City is ready to set up a joint working group with Cuba to facilitate bilateral trade and investment, said Secretary of the city’s Party Committee Nguyễn Thiện Nhân. Nhân made the statement during a meeting with President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz-Canel Bermudez on Saturday. Welcoming the Cuban leader’s trip to Việt Nam’s southern economic hub, Nhân stressed HCM City has been honoured to receive many delegations of Cuban leaders. The city has exchanged working delegations with Cuba to develop bilateral collaboration, particularly in investment, trade and tourism, he noted. Nhân said local leaders have directed departments and … [Read more...] about Cuba wants to learn Việt Nam’s experiences in developing hi-tech parks

Đặng Thanh Tân has been successful with his high-tech shrimp breeding model. — VNA/VNS Photo Thùy Dung Viet Nam News NINH BÌNH — More than two years ago, Đặng Thanh Tân, a farmer in Bình Minh Town, northern Ninh Bình Province decided to switch from breeding shrimp in traditional ponds to high-tech farming. Over the course of the same breeding period, the new technique brings about higher shrimp productivity and quality than the traditional method. By the end of 2015, after studying shrimp breeding models nationwide, Tan decided to renovate his farm by building a green house and spreading out a layer of canvas at the bottom of the pond. Tân said that the high-tech shrimp farming model requires breeders to build a pond with an appropriate area (2ha), as well as additional ponds assisting the main one. Several years ago, the shrimp he raised in the traditional pond yielded low productivity as the shrimps were affected by unfavourable weather conditions and … [Read more...] about High-tech shrimp breeding brings higher profits

An organic red-flesh dragon fruit orchard in Long An Province’s Chau Thanh District. The fruit is a popular variety grown in the districts Chau Thanh, Tan Tru and Thu Thua and Tan An City in Long An Province. — VNA/VNS Photo Bui Giang Digital transformation in agriculture increases production efficiency and offers consumers greater transparency about food products. However, progress remains sluggish in Viet Nam, and more research is needed. Bo Xuan Hiep reports. Farmer Le Van Chin from the southern province of Long An recently livestreamed an advert about his cooperative’s red-flesh dragon fruit on his Facebook page. “Hi everyone! Here is the dragon fruit garden of Que My Thanh Cooperative. After 25 days of harvest, it has a thin peel and red flesh. Rest assured we never use any harmful chemicals to spray the fruit. We guarantee that it is healthy and tasty,” he told viewers. “I livestream various stages such as farming, harvesting and packaging to create consumer confidence … [Read more...] about Farmers embrace livestreams, high-tech advances in push for better quality, productivity

Workers of HCM City’s industrial zones play tug of war. Many workers in the city’s industrial parks spend their leisure time doing extra work to make ends meet. — Photo sggp.org.vn Viet Nam News HCM CITY – Many workers in HCM City ’s industrial parks and economic zones spend most of their “leisure” time taking in more work, seeking to earn extra cash to improve their difficult living and working conditions. As a result, the social and spiritual lives of these workers remain extremely constrained, leaving them unhappy and at risk of social evils. Phạm Thị Thanh Hoa, 24, a garment worker from Bình Định Province , told sggp.org.vn that she shares a small room with two other workers near her factory in Hóc Môn District. After working hours, they all return to their rented room as they are too tired to go else where. Hoa said she worked from early morning to midnight to earn VNĐ8 million (US$342) per month. She needs to earn money to send … [Read more...] about No fun and little rest for low-paid City workers

New approach to FDI strategy By Tran Van Tho Vietnam should take advantage of the new opportunity to welcome the new FDI wave, giving priority to projects that can help deepen industrialization and improve further industrial restructuring - PHOTO: THANH HOA The new strategy for foreign direct investment (FDI) attraction should be more selective and strategic, and should especially incentivize projects to make substitutes for imports of up- and mid-stream hi-tech products. Vietnam’s economy has been heavily dependent on foreign markets. In 2018, the country’s import and export of goods and services amounted to a value equivalent to 208.6% of its gross domestic product (GDP). The U.S. and China are the two biggest markets, which accounted for 20% and 17% of Vietnam’s total exports in the first 11 months of the year, respectively. Therefore, Vietnam’s economy will be greatly affected by the Sino-U.S. trade war. The world’s two biggest economic powerhouses will slow … [Read more...] about New approach to FDI strategy

Memories for a city By Mai Lan Young Saigonese ladies in their traditional ao dai in preparation for Tet, the Lunar New Year - PHOTO: THANH HOA Despite its rather young age compared with the country’s long history, Saigon-HCMC has had its own distinctions, some of which have embedded in the mind of Saigonese. When a child, I often desperately expected the holidays before the Lunar New Year, or Tet, to be picked by my uncle. My house at the time was used as both a fabric shop and a tailoring class on the former Truong Minh Giang Street (now Le Van Sy Street in HCMC’s District 3). My mother was so busy with her shop that an outing which fulfilled my wish was a sheer luxury to her. My uncle’s residence was a street-front house on Tran Binh Trong Street, now in District 5. I used to take a seat at the front door to watch the familiar horse carts every morning. I was appealed to the clip-clop of the horses’ hooves steadily knocking on the asphalted road, and the … [Read more...] about Memories for a city