Auto producer Thaco makes heavy investment in agriculture
Thaco continues to increase investment in agriculture as part of its strategy to diversify beyond automobile assembly.
Thaco continues to increase investment in agriculture as part of its strategy to diversify beyond automobile assembly.
A subsidiary of Truong Hai Auto Corporation has earned a revenue of $500,000 from first shipment of bananas to China.
Coming to Vietnam 25 years ago, C.P. Vietnam General Director Montri Suwanposri gradually minimized cultural differences and turn the Thai enterprise into Vietnamese farmers’ sibling.
The Asian Development Bank’s finance will help Vietnam install eight modernized irrigation systems in five drought-affected provinces.
Notable foreign enterprises in farming industry such as C.P, Cargill, Guyomarc'h were among 53 enterprises in Vietnam granted award titled 'the Business dedicated to Farmers' by the Ministry of Agriculture and Rural Development.
Besides becoming a strategic shareholder, the Japanese multi-sector group Sojitz will be coordinating with its local partner to develop agri-food projects in Vietnam and the region.
Prime Minister Nguyen Xuan Phuc said that to achieve this result, one of the issues that need to be addressed is Decree on the credit policy for agricultural and rural development No.55/2015/NĐ-CP dated June 9, 2015.
Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.
After 10 years studying and working in Europe in the field of tourism and hospitality, Tyna Giang, a Vietnamese young and energetic girl, decided to come back to her homeland and started her own business in the organic sector.
Agricultural production in Vietnam remains very family oriented with limited cultivation area and small scale while the large models of big farm is not popular, according to Tran Thanh Hai, senior executive vice president of Thailand’s retail giant Central Group.
The large credit spending on the agriculture companies is negatively impacting the business results of SHB, making its profits become much lower than its competitors.
The changes in the way of thinking of Vietnam's leading private corporations should be appreciated, given the fact that Forbes has included Vietnam's four business people in the list of billionaires in the world.
Although the registration for IPO of the Vietnam Rubber Group (VRG) has expired, only 100,772,400 shares, equaling 21 per cent of the total shares on offer, were registered for acquisition, according to Ho Chi Minh City Stock Exchange (HOSE).
'Startups in Vietnam and Japan share many similarities and attractions.'