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Pork price not expected to spike during Lunar New Year

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A consumer buys meat at a Hapro supermarket in Hà Nội. — VNA/ Photo Phương Anh

HÀ NỘI —Demand for pork rises in the run up to Lunar New Year (Tết), prices are expected to increase, but not rise to the levels seen last year.

The Ministry of Agriculture and Rural Development said out of 5.37 million tonnes of meat consumed during this period last year, 3.8 million tonnes were pork.

Pig production remains healthy, and across 16 provinces the reproduction rate has topped 100 per cent, with more than 27 million animals available.

However, Nguyễn Văn Trọng, deputy director of the Livestock Breeding General Department under the Ministry of Agriculture and Rural Development, said prices would rise as demand grows.

Currently, live pigs are priced at VNĐ83,000-85,000 (US$3.5) per kilo but Trọng said although prices would rise, they would not reach levels seen last year.

He also said there would not be any expected shortages of the meat, but they were stepping up measures to preventing illegal exports to China. 

According to the Department of Animal Health, Ministry of Agriculture and Rural Development, the country imported nearly 226,000 tonnes of pork last year, a year-on-year increase of 260 per cent.

The main import markets are from Russia, Poland, Brazil, Canada, the US, Germany and Spain.

This year, 600 tonnes of pork have been imported to supplement supplies for the Tết market.

More than half a million pigs were imported from Thailand for slaughter from mid-June last year to January 13 this year. —

Source: https://vietnamnews.vn/economy/860085/pork-price-not-expected-to-spike-during-lunar-new-year.html

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VinFast eyes global market, to open car plant in US

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VinFast eyes global market, to open car plant in US

An VinFast car is tested in a factory in the northern Hai Phong City. Photo by VnExpress/Minh Tuan.


VinFast plans to set up an automobile plant in the U.S. as part of its strategy to start selling there in 2022, Bloomberg reported on Tuesday.

The company, a subsidiary of conglomerate Vingroup, did not provide details about when it will be set up or where.

Bloomberg quoted its CEO Thai Thanh Hai as saying: “VinFast’s vision is to become a global smart electric car company and the U.S. is one of the first international markets that we will focus on.

“We will initially develop high-end models for the U.S.”

The company also plans to open 35 showrooms and service centers this year in California state where it has received a license to test autonomous vehicles on public streets.

Malaysian newspaper The Star quoted Hai as saying VinFast believes it can win over American and other overseas customers leery of buying an automobile from a Vietnamese company they know little or nothing about by offering top-quality vehicles with high safety standards and advanced technology.

The company has R&D centers in Australia, Germany and the U.S.

VinFast, founded by Vietnam’s first billionaire Pham Nhat Vuong, began selling cars with BMW-licensed engines in 2019.

Last year it sold 31,500 units, all in Vietnam, where 296,634 cars were sold in all.

Source: https://e.vnexpress.net/news/business/companies/vinfast-eyes-global-market-to-open-car-plant-in-us-4242502.html

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Van Don airport resumes operations today

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Passengers carry out flight procedures at the Van Don International Airport in the northern province of Quang Ninh. The airport has been allowed to resume operations starting today, March 3, after nearly one month of suspension to contain the spread of Covid-19 – PHOTO: NDLO

HCMC – The Ministry of Transport has issued a decision allowing the Van Don International Airport in Quang Ninh Province to resume operations starting today, March 3, after nearly one month of suspension to contain the spread of Covid-19.

The airport has implemented multiple restriction measures and raised the Covid-19 alert level higher than the common standards to ensure the safety of passengers and the airport’s staff members, reported Nguoi Lao Dong newspaper.

Earlier, the ministry decided to shut down the airport in 15 days from January 29 to February 13 to combat Covid-19, as an airport security staff member tested positive for the coronavirus. The ministry later extended the airport’s closure to February 21 and then to March 3.

On February 28, Nguyen Xuan Ky, secretary of the Quang Ninh Province Party Committee, affirmed that the coronavirus cluster at the airport was completely brought under control.

Accordingly, local carriers later announced their plans to resume air services on routes linked to the Van Don airport.

The national flag carrier Vietnam Airlines will operate one weekly flight on the HCMC-Van Don route on Wednesdays between March 3 and 17 and plans to increase it to three flights per week on Wednesdays, Fridays and Sundays from March 18 to December 31 this year. The flights will depart from HCMC at 1 p.m. and from Van Don at 3:45 p.m.

Low-cost carrier Vietjet announced that it will resume air services on the route with four weekly flights this month.

Source: https://english.thesaigontimes.vn/80766/van-don-airport-resumes-operations-today.html

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USTR names three notorious markets for counterfeiting and piracy in Vietnam

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Market surveillance officers suddenly inspect a store at Ben Thanh Market in District 1, HCMC – PHOTO: PLO

HCMC – The Office of the United States Trade Representative (USTR) has included Vietnam’s traditional markets of Ben Thanh and Dong Xuan and online platform Shopee in the list of online and physical markets that reportedly engage in or facilitate substantial piracy or counterfeiting.

The 2020 Review of Notorious Markets for Counterfeiting and Piracy (Notorious Markets List, or NML) of USTR focuses on examining the use of e-commerce platforms and other third-party intermediaries to facilitate the importation of counterfeit and pirated goods into the United States.

“The rapid growth of e-commerce platforms has helped fuel the growth of counterfeit and pirated goods into a half trillion-dollar industry. This illicit trade has an enormous impact on the American economy by eroding the competitiveness of American workers, manufacturers and innovators,” stated the report.

Commenting on this report, the Vietnam Directorate of Market Surveillance under the Ministry of Industry and Trade said the report was done carefully, earnestly and constructively. Related parties can use this report to encourage the private sector and governments to take proper measures against piracy or counterfeiting.

“However, NML neither gives specific evidence on the violations nor reflects the official standpoint of the U.S. Government about the protection and enforcement of intellectual property rights in related countries,” said Nguyen Ky Minh, deputy chief of office at the Vietnam Directorate of Market Surveillance.

For Shopee, the report mentions the entire Shopee platform that covers many countries including Singapore, Malaysia, the Philippines, Thailand, Indonesia, Brazil and Vietnam.

According to the Vietnam Directorate of Market Surveillance, Shopee in Vietnam (Shopee.vn) has the mechanism to resolve complaints about intellectual property rights as well as solutions to manage the products and vendors on its platform.

Regarding the Dong Xuan and Ben Thanh markets, two hotspots of piracy or counterfeiting for many years, the directorate issued Plan No. 3972 in 2019 to address the problems at these two famous traditional markets.

The number of vendors selling counterfeit goods at these markets has dropped significantly over the past two years. Beside this, thanks to sudden inspections by the local authorities and strict sanctions, many stores selling counterfeit products have been closed.

Source: https://english.thesaigontimes.vn/80765/ustr-names-three-notorious-markets-for-counterfeiting-and-piracy-in-vietnam.html

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