Vietnam ranks 7th worldwide in tea production
Vietnam is now ranked 7th and 5th worldwide in terms of tea production and exports, respectively.
According to the Ministry of Agriculture and Rural Development, the nation has 123,000ha under tea trees, capable of producing 1,02 million tonnes of fresh tea buds.
Vietnamese tea products are exported to 74 countries and territories, including Pakistan, China, Russia, and Indonesia. The shipments to China account for 12-15% of the country’s total export volume.
In the first six months of this year, Vietnam shipped abroad 54,000 tonnes of tea for 94 million USD, down 6.4% in volume and 1.3% in value compared to the same period last year.
The country has over 170 tea varieties, with local production areas moving toward organic farming for sustainable growth and meeting the market demand./.
Silicon Valley Bank collapse not to impact VN: VinaCapital
The Silicon Valley Bank (SVB) collapse by itself will end up being neutral for Viet Nam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.
Careful consideration of special consumption tax on sugary drinks urged
Enterprises urge careful consideration to be given to the Ministry of Finance’s proposal to impose a special consumption tax on sugary drinks to ensure harmonisation of benefits between the State, consumers and producers.
VN pharma companies urged to invest in R&D, improve competitiveness
It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation.
Bamboo Airways finds a new investor
A representative of Bamboo Airways confirmed that the airline had found a new investor to replace the old shareholders, former Chairman Trinh Van Quyet and other related shareholders.
Quang Ninh to have another airport on Co To Island
Co To Island, about 170 kilometers from Hanoi, has great potential for sea and island tourism.
Da Nang has new IT park
Deputy Prime Minister Tran Hong Ha has signed a decision recognizing the FPT office complex in Danang City as a concentrated information technology park.
Doctors have to work 10 years at public hospitals before earning US$400 a month
Many young doctors don’t return to the hospitals which fund their study after finishing their training courses. They leave for private hospitals where they can expect higher pay.
Real estate firms resume issuing bonds
Real estate businesses have issued nearly VND12 trillion worth of corporate bonds since Government Decree 08 came into effect on March 6.
‘Mama Muoi’ sells house, spends half her life taking care of 100 disabled children
Mrs. Tran Thi Cam Giang or Ma Muoi (Mama Muoi), 86, has spent the last 35 years at the Thien Duyen shelter in Cu Chi district, Ho Chi Minh City to establish a home, and adopt and care for children with unfortunate circumstances.
Da Nang Int’l Airport joins list of world's most improved airports: Skytrax
Da Nang International Airport in the central city of Da Nang has been named among the world's most improved airports and the best regional airports in Asia in the 2023 Skytrax World Airport Awards.
Vietnamese internet speed ranks 39th globally
Vietnam’s fixed broadband Internet speed in February jumped up six notches to 39th position worldwide compared to January, according to the rankings compiled by the Speedtest Global Index.
Stories behind the wooden sculpture that breaks VN records
The wooden art piece named "Vinh Quy Bai To" was made by artisans from the carpentry village of Ngoc Than for 27 months and is a work of great value.
Vietnam sees sharp increase in dengue infections
The Ministry of Health has realized a warning about a sharp increase in the number of dengue infections across the country.
Beautiful Ha Giang in spring
The end of spring is the time when the peach and plum flowers in the rocky plateau of Ha Giang show off their beautiful colors.
Tasting fish noodle soup of Quy Nhon
Visitors to Quy Nhon should try the fish noodle soup, a specialty that has contributed to the culinary culture of this coastal city.