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The three sides will coordinate to register, manage and protect shrimp brands in Bac Lieu. The Viet Uc Group will help the province to develop its shrimp brands in line with national and international standards, while brand promotion campaigns will be designed and carried out by the locality, the Viet Uc Group and FLC Group, with promotional events held once a year at an FLC resorts or at high-tech shrimp farms owned by the Viet Uc Group. … [Read more...] about BUSINESS NEWS OCTOBER 12

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Speaking at a press briefing yesterday, Huỳnh Văn Hùng, chief of HCM City Statistics Office, said: “This indicator has gradually improved over the last 10 years, from 0.9 per 10,000 in 2009 to only 0.2 per 10,000 this year. The proportion of families having housing is 99.8 per cent. The average housing area per capita this year is 19.4 square metres per person.” … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

The economic ties would be broader with the upcoming establishment of the Joint Governmental Committee for economics, trade and investment which will complete regulatory framework for the cooperation in different fields.  In terms of trade, logistics is one of the key sectors promoting the two-way trade. Over the past years, goods has been shipped to Spain through Barcelona port and from this port to 18 ports in Vietnam.  Currently, Barcelona port receives more than 30% of Vietnam’s goods to Spain. Sea freight will be fruitful thanks to Vietnam’s action plans for logistics development by 2025 and Vietnam’s logistic growth rate of 15%-20% annually.  Electronics, machines, coffee, seafood, garment, footwear and furniture are Vietnam’s main staples to Spain over the past years.    Vietnamese Ambassador to Spain Ngo Tien Dung. Photo: Thediplomatinspain … [Read more...] about Vietnam and Spain: not an ephemeral relationship