tk88 bet

Vietnam’s salt industry will be restructured

The nation's salt industry will be restructured to add more value to its products and ensure sustainable development, the Agriculture Ministry has announced.
The nation's salt industry will be restructured to add more value toits products and ensure sustainable development, the AgricultureMinistry has announced.

Under a five-year restructuring (until2020) action plan for the industry presented by the ministry at aconference held in Hanoi on June 23, production area would be expandedto 14,500ha with an annual productivity of 2 million tonnes.

Infrastructureupgrades including more efficient irrigation systems and application ofadvanced technology in production are also mentioned in the plan aspart of efforts to increase the added value of salt products by at least20 percent.

The plan seeks to set up a model for cooperationbetween farmers and enterprises in the production and consumption ofpurified salt.

Deputy Minister Vu Van Tam said that towardsensuring successful implementation of the action plan, the Ministry ofAgriculture and Rural Development (MARD) has asked its Department forAgro-forestry, Fisheries and Salt Production (DAFSP) to set up a saltproduction association.

He said this association would serve as abridge between salt enterprises and State management authorities insecuring rights and benefits for both farmers and businesses.

Theministry has urged salt producing localities to review their growth andprepare restructuring plans that are in line with the national masterplan for the industry.

Conference participants noted thatVietnam's salt production was mostly manual and heavily dependent onweather conditions, affecting product volume and quality. The industryis also finding it increasingly difficult to compete in the domesticmarket against imported salt, they said.

An Van Khanh, DAFSPDeputy Director, said current challenges facing the industry included ahigh rate of unemployment among salt workers, low capacity, and lowconsumption.

He said the signing of several Free Trade Agreements would directly impact salt production and consumption in the country.

Vietnamhas a total of 21 coastal provinces engaged in salt farming, from HaiPhong city in the North to Ca Mau province in the South.

Theindustry employs 78,600 people and has an annual labour productivity of15 tonnes per person. It has produced an average of 900,000 tonnes ofsalt per year over the last five years.

However, imported salt,mostly from Pakistan and India, has dominated the domestic market,resulting in a surplus of Vietnamese salt.

Vietnam produced 1.3million tonnes last year alone, about 250,000 tonnes of which wereunsold. Yet, it also imported more than 350,000 tonnes of salt the sameyear.

So far this year, the stock of unsold salt has risen to600,000 tonnes, four times the figure recorded during the same periodlast year, the conference heard.-VNA

See more

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

﷽ Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

🌳 Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

🍬 Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

𓆉 OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|