Visitors at a conference to seek providers for supporting industries held by the HCM City Department of Industry and Trade on September 11. VNS File Phto/Viet Nam hoinhap Magazine. Representatives of local firms said at a recent conference on the supporting industry held in HCM City that their companies had joined global supply chains and were seeking opportunities to expand their overseas markets. The conference was held to provide opportunities for local and foreign firms to look for manufacturers of components for products in the fields of electronics, automation, motorbikes, automobiles, and health care. Nguyen Kim Chai from Hanel Vietnam said his company had supplied products to the Japanese market for more than 20 years. The products include components and spare parts for electrical transformers, household electronic equipment, automobiles and telephones. To act as a supplier for … [Read more...] about More local firms join global supply chains
'You see, I don't want that watermelon. But if I did, that would stop it going in to landfill." Simon Barnes, 47, and I are standing by the reduced aisle in a Tesco store in Kennington, south London. In fact, I do want the watermelon. However, I feel that it would be infra dig to conduct this interview carrying a watermelon. This was the week in which Tesco revealed that it had binned 30,000 tonnes of food waste in the first half of 2013. Like holding their nose and jumping into a cold pool, Tesco bosses decided that the transparency was worth the opprobrium, which I think will turn out to be true. The main thing that struck a chord was not the profligacy of supermarkets but the elegiac decay of the bagged salad: more than two-thirds of it thrown out, half by customers, half by stores. So much waste, so little actual ingestion. It's like a leafy metaphor for the good intention. Picturing Tesco's statistic, however, one imagines heaps of food out back, baked goods piled high on maroon … [Read more...] about Tesco’s reduced-to-clear aisle: ‘it’s a taste of the Serengeti’
10.31am GMT Late reaction I asked Martin Taylor, managing director of plastic packaging manufacturer Sharpak, whether he felt the supermarket industry was driving innovation in packaging. Not surprisingly he told me his clients were: "Committed to reducing food waste and they realise that packaging plays a large role in ensuring food is maintained at the highest quality. Without the support of the retail industry we would not be able to manufacture meat packaging which has the potential to counteract the large scale waste of food across Britain." For those interested in how packaging is evolving, Sharpak says they are focussing on developing anti-microbial packaging, which "eradicates the harmful surface bacteria present on raw meat products". He said: “The packaging industry must demonstrate exactly how it can drive home the importance of reducing food waste. For example, offering packaging which enables consumers to reseal their fresh meat products will drastically … [Read more...] about Why do we still waste so much food at home?
New Delhi: Oravel Stays, the parent company of hospitality chain Oyo Hotels & Homes, has set up two joint ventures (JV) in India, with an entity - SB Topaz - controlled by its largest backer, SoftBank. Of the two JV entities - Mountainia Developers and Hospitality Pvt Ltd and MyPreferred Transformation and Hospitality Pvt Ltd - the former has been set up to acquire hotels-related real estate assets, ranging from land parcels to fully-developed properties, according regulatory filings accessed by paper.vc. “According to specific provision of the shareholder agreement dated April 17 indicate that Oyo and SoftBank are acting as joint venture partners to identify and acquire real estate assets in the hospitality sector. The agreement has clear provisions governing the sale of such assets as well," a research note from paper.vc stated. The second JV, MyPreferred Transformation and Hospitality, is engaged in the business of renovation and refurbishment of hotels and other … [Read more...] about Oyo parent Oravel sets up 2 JVs with SoftBank’s SB Topaz
If Vietnamese businesses optimize the material sources they have and make the best use of trade promotion activities, their export earnings can surpass USD 8 billion. According to Huynh Van Hanh, Vice President of the Handicraft and Wood Industry Association of Ho Chi Minh City, in the past 15 years, the wood industry has maintained the growth rate of 8-15 percent a year despite world economic fluctuation. The world’s wooden interior décor market is predicted to grow 3.5 percent in 2018. The biggest issue of the wood processing enterprises in Vietnam is they are focusing on a market section with low added value, mostly concentrating on outsourcing for foreign clients. To further develop the domestic wood sector, the businesses should pay attention to a higher target of selling abroad the whole space of high-end interior décor instead of doing outwork and selling separate products. Meanwhile, the Vietnam Timber and Forest Product Association (VIFORES) … [Read more...] about Wood furniture firms advised to optimize domestic materials