BUSINESS IN BRIEF 27/7
Samsung
exports three times higher than city’s IPs, EPZs
Exports
from the Samsung phone factory in Bac Ninh in the first six months totaled
some US$11 billion, three times higher than the combined value of all firms
active in the HCMC-based industrial parks (IPs), export-processing zones
(EPZs) and Saigon Hi-Tech Park.
Samsung
Electronics Vietnam (SEV) found its exports in the first half of 2013 almost
hitting the level of US$12.6 billion recorded in the whole of 2012, said the
Bac Ninh Industrial Zones Authority.
Meanwhile,
enterprises in Saigon Hi-Tech Park exported some US$1.26 billion worth of
products in the first six months, up 70.2% year-on-year. Those operating in
the city-based IPs and EPZs exported a total value of US$2.2 billion, an
increase of 14% over the same period last year.
In
comparison with businesses in IPs and EPZs in HCMC with an average 10-12
years of operations, SEV is quite young with only a three-year history.
However, the cell phone maker has outdone the entire textile-garment industry
of
SEV
has played an important role in making mobile phones and components the group
of export items generating the largest turnover for
The
export turnover of mobile phones and components grew 198.4% in 2011 and 98.8%
in 2012, or over 5.5 times higher than the figure in 2010. In the first half
of 2013, this group of items recorded an export growth rate of a staggering
97%.
Not
only greatly contributing to
In the
first six months, 30 nations and territories imported cell phones and
components from
The
Bac Ninh facility of SEV has created jobs for around 40,000 workers.
While
delivering a strong export performance, this production facility has also
imported a significant volume. In the first half of the year, it imported
over US$9.3 billion worth of goods.
Meanwhile,
enterprises active in the HCMC-based IPs and EPZs imported US$1.8 billion and
those in Saigon Hi-Tech Park imported about US$1.06 billion worth of goods.
It is
explained that manufacturers are forced to import parts and components for
assembly given the underdeveloped supporting industries in
If
such a value was higher,
To
improve the added value,
Policy
incentive boost for high tech projects
Policy
incentives and further investment to bolster support industry development
would help
Latest
statistics show that in the first six months of the year, Samsung Electronics
Vietnam (SEV), a subsidiary of the South Korean global giant Samsung, earned
$11 billion from exporting handsets and vacuum cleaners against its 2012
full-year export figure of $12.6 billion.
During
the same period, the US-owned Intel shipped abroad $956 million, while the
Tien Son facility and the Que Vo facility of
According
to Professor Nguyen Mai, deputy chairman of the State Commission for
Cooperation and Investment, now the Ministry of Planning and Investment,
these figures have contributed to
However,
large foreign investors are also major importers. In the first six months of
the year, SEV imported $9.3 billion. Intel also racked up $855 million in
imports, while Canon’s facilities in Tien Son and Que Vo imported $104
million and $203.4 million in value respectively.
However,
in terms of added-value brought to
SEV
added value to
Mai,
however, claimed these added value figures were below expectations. For
instance, in the case of SEV it only accounted for around 10 per cent of the
company’s total export value last year and about 15.5 per cent of its total
export value in the first six months of this year.
“
SEV
general director Shim Won Hwan said SEV wanted to hike the rate of
localisation and added value but
“SEV
has around 60 suppliers but there are only five Vietnamese suppliers which do
not give us electronic devices but are more likely to provide less valuable
inputs such as packaging or foam boxes,” Shim said.
In
Canon’s case, its localisation is mainly in the mechanical engineering
segment, which has caused problems, as it is extremely hard to source
Vietnamese electronic component suppliers. In a recent forum, Canon
Piaggio
Piaggio
This
system is designed by Piaggio Global’s R&D Centre, applied its global
test track technology. The system also imitates all kind of typical Asian
road conditions which focus on endurance test, durability test, and function
test.
Piaggio
The
Piaggio Vietnam’s industrial complex in Vinh Phuc also houses an R&D
centre for the two-wheeler vehicles – the first R&D unit set up by the
Piaggio Group in
According
to the company, in May Piaggio
In
addition to winning a leading role in the premium sector of the Vietnamese
market, Piaggio Vietnam has enabled the group to move into very important new
markets in South East Asia, notably Indonesia, Thailand, Taiwan and Malaysia,
the Philippines and Cambodia.
Microsoft
Lync 2013 supports VNG’s business success
Deploying
optimal IT infrastructure from Microsoft, VNG Corporation, the leader in the
field of digital content in
In
order to improve operational efficiency and bring better services to the
community, VNG uses both Microsoft technologies and open source, with over 60
per cent using open source technologies. The biggest challenge of VNG is the
integration of systems on many different IT infrastructures for the unity and
convenience of the users.
Currently,
Microsoft Lync 2013 is identified as a relatively appropriate solution for
integration requirements, so VNG decided to use Microsoft Lync 2013. The
Microsoft Lync 2013 platform can integrate the entire systems of
communication into a unified system, bringing flexibility to the users.
“Thanks
to the deployment of technology platforms and solutions of Microsoft Lync,
VNG has been able to maintain business operations with high productivity
while ensuring the safety and security of information. This would be useful
for VNG customers who wish to seek accurate information and services from VNG
in the shortest possible time," said Nguyen Thanh Phong, director of IT
Department at VNG.
Advanced
platform technologies and efficiency-increasing features from Microsoft will
support VNG’s management board to operate their work more smoothly, with
stability requirements and high efficiency. On the users’ side, Microsoft
Lync 2013 will help increase the flexibility in any situation, at anytime,
anywhere and in any space. With these effective tools, Microsoft solutions
have demonstrated its supports allowing users to concentrate more on their
tasks, develop their creativity, rather than take time to do the unnecessary
administrative tasks such as editing, searching or sorting out etc.
"With
approximately 2,000 staff working in offices in
Through
the deployment of Microsoft Lync technology, VNG said it had significantly
improved its business performance and enhanced the ability of providing
services to millions of customers.
Microsoft
Lync 2013 has been implemented by IT Department of VNG and deployed for the
last two-three months. It has enabled VNG to create the integrated
communication channel including email, phone, mobile, video conference among
others. This has brought benefits to work and subsequently improve the
company‘s efficiency. VNG still keeps searching for the latest IT solutions
and innovations in accordance with new technology trend.
Unlike
current solutions for media and communications, which will require replacing
existing IT systems, the Microsoft Lync 2013 solution will not only smoothly
integrate with Microsoft Exchange platform, but also be capable of
integrating with many other communication tools such as Yahoo Messenger,
Skype, PBX,.. Microsoft Lync solution is interactive, integrating well with
the current video standard being used (H323) by LifeSize, creating unified
interface for many different communication channels. In addition to the cost
savings in tangible new platform infrastructure, this solution helps VNG stay
out of troubles of information interruption or decreasing labor productivity
during implementation and training.
Unified
Communications Integration with other messaging systems such as Yahoo and MSN
for those who are required to work on many different systems on different
platforms of Microsoft, to ensure jobs stay connected without interruption is
not easy. And this is one of Microsoft Lync’s strengths. Moreover, by
allowing companies to consolidate their communications infrastructure, not
only can Microsoft Lync reduce the total cost for communication
infrastructure, it also provides a network of communication with reliable
quality to complete the important tasks easily. Additionally, the system is
seamlessly integrated, and through a familiar, friendly interface, VNG staffs
can minimise unnecessary errors as well as the period of interruption system,
or when they switch between applications.
"Microsoft
Lync solution is highly appreciated by a number of ministries of Defence in
Nojima,
one of
At the
investment collaboration signing ceremony in Hanoi last Friday, Tran Xuan
Kien, chairman and general director of Tran Anh, informed his firm would make
the most of the deal value of VND64 billion from Nojima to expand its
network. The local retailer aims to develop a large-sized supermarket chain
of electronics, computers and mobile devices at home.
Tran
Anh now is running the largest electronics supermarket chain in the country’s
north. It is looking to increase the total number of supermarkets in
Besides
contributing investment capital, Nojima will send Japanese experts to Tran
Anh to jointly build up a long-term business strategy and improve customer
services for the local company. With 54 years of experiences in the Japanese
electronics retail market with nearly 180 electronics supermarkets, the
Yokohama-based retailer is expected to blow a fresh wind into Tran Anh,
starting from customer services, to bring the highest benefit for customers
at its retail stores.
Hiroshi
Nojima, president of Nojima Corporation, said his company had studied the
Vietnamese electronics retail market thoroughly before deciding to make a
business tie-up with Tran Anh. Nojima sees Tran Anh as a local retail company
with a proper business strategy and corporate governance system appropriate
with the long-term development vision.
Tran
Anh, floating its shares on the bourse in early 2010, now is the only listed
retail company specializing in electronics products, computers and mobile
devices in
Although
retailers of electronic products and phones have been in trouble in the past
two years due to the declining buying power, the market is still appealing to
foreign investors via mergers and acquisitions (M&A).
Before
Nojima, Robert A. Willet, former CEO of BestBuy International, had invested
in Thegioididong.com after Mekong Capital Enterprise Fund II divested partly
from the local retail chain.
Together
with an investment of Willet, CDH Electric Bee Limited also invested in
Thegioididong.com. Willet and Electric Bee hold a combined stake of 20.41%,
Mekong Capital holds 25.84% and the remaining stake at Thegioididong.com with
51.26% is held by founding members.
Two
years ago, TD Mobile of
Nguyen
Duc Tai, chairman of Thegioididong.com, said that with a network of over 220
stores nationwide, the firm’s future challenges was not simply to expand the
network but also to increase profits and operation efficiency. Therefore,
Thegioididong.com is in need of Willet’s experiences.
Thegioididong.com
will open many electronics stores in the coming time. Besides, it targets to
raise online shopping at the websites Thegioididong.com and Dienmay.com to
20% of total revenues.
Developers,
tenants and visitors are eager to wait for the opening of
According
to Vingroup – the developer of this mega complex, the opening ceremony of
The
opening will be added with many different and sophisticated art performances
and special promotion and gift presents will also be taken on this occasion.
Organised
with “all in one” model, the complex combines a range of values of tourism,
shopping and entertainment, as well as social exchanges, friendship gathering
and especially family entertainment. It is not a home for more than 800
booths but also offering unique and new entertainment activities to its
visitors.
Apart
from that,
World
Games is also another item which can not be missed in this complex with
different games and the KixCity – especially served for children from 3 to 15
years.
The
opening Vincom Mega Mall Royal City will be served with a special art
performance attended by leading singers in Vietnam now such as Dang Duong,
Viet Hoan, Hoang Tung, Semi Classic orchestra and Ho Ngoc Ha – one of the
most favour singers in Vietnam, and dragon dance.
Especially
street activities under the European style will be held from 17 to 21pm on
July 26, 27 and 28 at the Royal City Square to welcome visitors with many
other greeting activities such as photos shooting with status, music
performance, portrait painting and street magic.
Vincom
Mega Mall Royal is developed by Vingroup – the owner of four strategic
brands: Vincom in real estate, Vinpearl in tourism, Vincharm in healthcare
and Vinmex in high-quality healthcare services.
GE
helps training Vietnamese medical workers
GE
Healthcare, a unit of General Electric Company (NYSE:GE), in coordination
with Vietnam Ministry of Health recently conducted a GE LEAN management
training course for individuals associated with the healthcare sector in Vietnam.
LEAN
is a methodology that encourages hospital staff to work together to improve
the efficiency of their processes by eliminating waste without the
requirement of extra resources. Hospitals operating to LEAN principles
benefit from improved efficiency, better employee engagement and financial
performance. This streamlining also affords more time for patient care.
GE
LEAN principles have been applied in hospitals around the world and have been
successful in improving operational and financial performances as well as
staff retention rates. Last year, GE’s first LEAN training in hospitals in
the Mekong Delta’s Dong Thap province received positive feedback from senior
managers.
This
year’s training programme was attended by senior-level managers including leaders
from the Ministry of Health, university lecturers, and members of the board
of management from hospitals such as
This
training is also part of the company’s initiative to address the need for
healthcare education and capacity building across ASEAN. GE Healthcare in
ASEAN recently launched the GE ASEAN Healthcare Learning Institute (‘AHLI’),
a virtual academy in collaboration with renowned healthcare professionals and
leading healthcare providers within the region and globally, AHLI offers
clinical, technical and leadership education. These trainings include online,
classroom as well as immersion programmes.
“We
are proud to deliver GE LEAN training in
The
LEAN approach to improving
GE was
one of the first American companies established in
BIDV,
construction bank finance home, road projects
The
Bank for Investment and Development Bank of Vietnam (BIDV) and Vietnam
Construction Bank have signed five deals with partners to fund highway
upgrade and budget home projects in the central region.
The
agreements, inked in the central
Of the
five deals, four are for upgrading and refurbishing national highways 1 and
14, as well as building
The
newly-launched scheme enables investors, contractors and building material companies
to get access to bank loans. The Vietnam Construction Bank acts as the
sellers’ bank, with the sellers being the building material makers, while
BIDV will issue its guarantees for the buyers, including home buyers.
Previously,
BIDV and the Ministry of Transport signed a cooperation agreement to upgrade
the National Highway 1 with the total loan of VND30 trillion ($1.4 billion
plus), with VND20 trillion used to finance build-operate-transfer (BOT)
projects.
The
Vietnam Construction Bank made its debut late this May following a State Bank
of
Technological
fair offers investment opportunities
The
Japanese Embassy to
The
exhibition will showcase state-of-the-art technologies in many industrial
sectors, with the participation of many famous Japanese firms and Vietnamese
firms in
The
firms include Shimizu Corporation operating in infrastructure construction,
JFE Group engaging in environmental technology and energy, Hitachi Asia
Vietnam Company with social infrastructure solutions.
Besides,
the exhibition will also be joined by vehicle manufacturers like Honda
Vietnam Co.,Ltd, Toyota Motor Vietnam, Isuzu Vietnam Co., Ltd, Yamaha Motor
Vietnam Co.,Ltd. and Terra Motors Vietnam Company Limited.
Electrics
product makers like Panasonic Vietnam Co., Toshiba, Sony Electronics Vietnam
Company Limited and Mitsubshi Electric Vietnam Co.,Ltd will also showcase their
technologies at the exhibition.
Technologies
in making robots and the performance of robot Ashimo will also be introduced
at the event.
“With
this exhibition, Vietnamese people will help support the companies in their
hi-tech innovation and development, and have better understanding about the
supporting industries,” said a document from the embassy.
This
event is part of the “exhibition on supporting industries’ technology”
jointly organised by
At
present,
“Such
support and the introduction of Japanese technologies via this exhibition
will help boost
Gov't
monitors rising forex rate closely
The
exchange rate between the Vietnamese dong and US dollar is likely to continue
rising in the remaining months of the year, but it would still be under the
control of the State Bank of
The
ministry's Commercial Information Centre predicts that the rate may increase
from VND21,500 to 21,700 per dollar by the year-end due to increasing demand
for the greenback, but there would be no major change in supply.
The
recent forex rate increases have been caused by various factors that have
resulted in an imbalance between supply and demand for the dollar, the agency
says.
However,
there are other factors that will stabilise the forex rate in the remaining
months of the year, one of which is that the lending and deposit interest
rates of both dong and US dollars would continue to fall.
Another
factor is that the central bank has affirmed that it would not devaluate the
dong.
As the
value of the dong is maintained and interest rates on dollar loans and
deposits go down, the greenback will become less attractive and people will
stop hoarding it.
In
addition, although the market's demand for the greenback is predicted to rise
during the rest of the year, there will be adequate supply because
disbursement of the direct foreign investments will be stable.
In the
last five months, about US$4.6 billion was disbursed, up 1.6 per cent over
the same period last year.
The
country's foreign exchange reserves will be maintained in a stable manner,
creating a firm financial basis for the central bank to intervene and
stabilise the financial market if there are strong fluctuations, the centre
says.
It
concludes that the market will not experience a foreign exchange
"fever" that has previously had a shock effect on the economy.
Developer
pounces on stagnant real estate sector
Vietnamese
real estate developer Son Kim Land has received a US$37 million investment
from EXS Capital, an independent investment firm based in
On top
of that, EXS Capital may raise its investment up to $80 million in the
future, Quoc told Viet Nam News yesterday.
The
HCM City-based company is the real estate arm of the Son Kim Group and is
currently operating six development projects, including two large complex
areas with apartments, offices and a commercial centre in District 2 in the
city.
"Money
will be invested to develop the company's ongoing projects as well as buying
other real estate projects," said Quoc.
According
to the co-founder and CEO of EXS Capital, Eric Solberg, the Vietnamese
company is selected because of its solid track record and attractive projects
in the pipeline, especially the planned metro line and metro stations in
District 2 in
Although
the real estate sector in
"Real
estate development is a long-term game. Anything we start to build today will
not reach the market for a couple of years. We have great faith in the
Vietnamese economy over the long term, so as the market is relatively weak at
the moment, it is a very logical time to buy in," he said.
"We
believe Son Kim Land's projects will work quite well, even if the current
market conditions continue. Any recovery is good news for both Son Kim Land
and its shareholders, including our investors."
EXS
Capital, founded in 2007, has offices in Hong Kong and
Insurance
firms to lift their game
The
insurance sector will focus on restructuring the market as well as its
businesses so as to maintain stability and sustainable development, the
Ministry of Finance's Insurance Supervisory Authority (ISA) has said.
The
industry expects to see a total premium of VND43.711 trillion (US$2.082
billion) this year, a rise of 6.5 per cent over last year.
Non-life
insurance is hoping for a record growth rate of 5 per cent, to reach VND23.9
trillion, while life insurance is aiming at VND19.7 trillion, an increase of
9 per cent year-on-year.
The
total investment made by the insurance sector is projected at VND7.3
trillion, up 10 per cent over last year.
To
meet these targets, several insurance firms have concentrated on becoming
more professional and improving the quality of their services.
Nguyen
Truong Giang, general director of the Post and Telecommunications Insurance
Joint Stock Company (PTI), said that they would become more competitive by
improving the quality of their key products.
Stephen
Clark, the AIA Insurance Company's general director, said the company would
focus on developing agencies into a standard.
Sharing
this idea, Le Van Thanh, general director of Bao Minh Insurance Joint Stock
Company, said they planned to restructure their organisations not only at the
head office level, but including subsidiaries as well.
In
addition, the company wants to develop its distribution network, restructure
its range of products and investments structure as well as improve the
quality of services.
The
sector experienced a lower rate of growth in the first half of this year
because of economic difficulties.
Statistics
from the ISA show that non-life insurance premiums in the first six months of
this year stood at VND11.8 trillion ($562 million), up by only 2.2 per cent
over the same period last year.
Life
insurance also struggled to maintain a growth rate of 13 per cent, making
just VND9.1 trillion ($434 million).
In
total, insurance premiums experienced a growth rate of 6.86 per cent over the
same period last year, down from the growth rates of 2012 and 2011, which
came in at 17.8 per cent and 22 per cent respectively.
VN,
The
State Bank of
Speaking
at the signing ceremony in Ha Noi on Monday, SBV Deputy Governor Dang Thanh
Binh said the MoU would facilitate the collecting and analysing of
information that would help prevent money laundering.
Binh
said
The
SBV praised
Big
names to hit woodwork fair
Up to
260 businesses from 19 countries and territories will take part in the 10th
Viet Nam International Woodworking Industry Fair in
Spread
over more than 500 pavilions, businesses can expected 20,000 visitors.
The
European Federation of Woodworking Machinery Manufacturers will attend the
event, along with similar associations from
In the
first half of this year,
The
figure is forecast to hit $5.5 billion, said HCM City Handicraft and Wood
Industry Association vice chairman Dang Quoc Hung.
Electrical
equipment goes on show
More
than 100 domestic and foreign enterprises are showing their goods in two trade
fairs which opened in
They
are the 6th Viet Nam International Technology and Equipment Exhibition and
the 3rd International Exhibition on Technologies of Green Energy and Energy
Saving Products.
The
combined 250 booths feature exhibitors from
The
exhibitors are also introducing energy-saving products and devices using
renewable and environmentally friendly energy.
Vingroup
to build finance centre
Vingroup
Joint Stock Company has gained approval to build an international
finance-banking centre and a trade and service complex in Thu Thiem urban
area in
According
to the municipal People's Committee, the projects will cover a total area of
250,000sq.metre.
The
committee said Vingroup would commission international consultants to draw up
detailed plans for the projects.
Shell
Shell
The
new product improves engine and oil durability by offering acid control and
prevention of deposits, thus keeping engines clean for better performance.
It
also keeps apart the moving metal engine surfaces and prolongs engine life.
Local
business sentiment falls
Business
optimism in
Kenneth
Atkinson, managing partner of Grant Thornton
"In
addition to the numbers reported here, there are still constraints on growth
due to the cost and availability of finance and red tape.
"These
are not new and are constantly being brought to the attention of the
Government.
"However,
with the recent growth in credit, there is some causes for optimism on one of
the issues but interest costs do remain relatively high."
Though
optimism is falling, expectations of revenue growth and profitability were
stable at 86 per cent and 88 per cent respectively.
But 64
per cent of respondents were either neutral or expected a better performance
by the economy over the next 12 months.
There
has been a steep fall in the number expecting to increase R&D spending —
from 40 per cent to 20 per cent.
There
was a significant increase —from 36 per cent to 64 per cent — in those
stating that cost of finance was a constraint on their business.
The
International Business Report, polling more than 3,200 businesses in 44
economies and released on July 23, also showed a dramatic reversal of
fortunes for business leaders in the world's two largest economies.
SME
competitiveness sharpened by US funding
Small
and medium-sized enterprises (SMEs) in
The
project, which began on July 19, aims to create opportunities for young
entrepreneurs to learn from economists and successful entrepreneurs from
major groups and companies.
This
year, the project will be implemented in the north for 10 months, helping
young local entrepreneurs experiment with business solutions and experience.
According
to Central Institute for Economic Management (CIEM) Deputy Director Vo Tri
Thanh, Vietnamese SMEs lacked strong co-ordination and connectivity, which
would pose a risk to the national economy.
Strong
connectivity would help them secure a firm foothold in the market, Thanh
added.
Launched
in October 2011, the project is one of 36 worldwide of their kind to have
been selected for funding by the US Department of State.
Bankruptcies
to go ahead
Deputy
Prime Minister Hoang Trung Hai has instructed Viet Nam National Shipping
Lines (Vinalines) to complete procedures to bankrupt two of its members,
while the Viet Nam Shipbuilding Industry Group (Vinashin) plans to stop the
operation of 216 subsidiary companies.
Hai
chaired a recent meeting on the operation and implementation of Vinalines' restructuring
plan with relevant ministries, the State Bank of
He
instructed Vinalines to complete bankruptcy procedures for two of its
members, Vinashinlines and Falcon, which were unable to pay back massive
debts they owed last year.
Concerning
Vinalines'debts, Hai told the group to work with the SBV and commercial banks
to find a solution. According to local media, Vinalines has a debt of US$321
million itself and billions of dollars more in its subsidiaries.
Vinashin's
general director, Vu Anh Tuan, said the group would only focus on the parent
company and 42 core units, while 216 underperforming units would be merged
with existing companies or bought out.
With
regards to debt restructuring, 19 banks have agreed to cut the US$1.35
billion the group currently owes by 75 per cent.
Minister
of Transport Dinh La Thang said that at the end of this month, his ministry
must submit a report to the Government on Vinashin's progress, so the group
needed to review all existing problems and propose solutions to resolve them.
Leading
plastics company signs contract with Japan
Tien
Phong Plastic Joint Stock Company signed a contract with Sekisui Chemical Co
Ltd from
Under
the contract, Tien Phong, a leading plastics producer in
The
Japanese company will transfer equipment and provide technical assistance for
Tien Phong to produce these products. It will also share information relating
to patents, technology and trademarks.
If
sales total 300 million JPY (US$3 million), the two sides will consider the
establishment of a joint venture in
Mercedes
Benz invests in advanced coating facility
Mercedes
Benz is increasing its investment in
The
advanced and eco-friendly facility has an investment of nearly US$10 million.
Mercedes
is using
Located
inside the Mercedes-Benz Viet Nam factory in the city's Go Vap District, the
facility covers an area of 5,000 square metres.
$386.9
million profit for Vinamilk during first half
The
Viet Nam Dairy Products Joint Stock Company (Vinamilk) has recently announced
its second quarter business results of nearly VND8.125 trillion (US$386.9
million) in net revenue, up 14 per cent from the same period last year.
In the
first six months of the year, Vinamilk gained VND14.85 trillion ($707
million) in net revenue, up 14 per cent year-on-year, of which 87 per cent
came from the domestic market, the company said.
After
tax profits in both Q2 and H1 jumped 22 per cent to VND1.822 trillion ($86.8
million) and VND3.347 trillion ($159.4 million) respectively.
Vinamilk's
total assets have increased 6 per cent to over VND21 trillion ($1 billion)
since the beginning of this year.
Mushroom
farms come out of the dark
The
agricultural sector should come up with appropriate measures to develop
mushroom cultivation more effectively in the country, experts said at a forum
last week.
The
Ministry of Agriculture and Rural Department's Cultivation Department said
mushrooms had a surprisingly high nutritional value, and this had seen demand
for the fungi increase in foreign countries.
Mushroom
consumption has increased by 3.5 per cent per year on average in the
Mushroom
cultivation in some Asian countries and territories, including the
Vietnamese
farmers now produce 16 kinds of mushrooms, including straw, button, oyster,
wood ear and reishi.
Mushrooms
are mainly cultivated in southern provinces including Dong Thap, Soc Trang,
Tra Vinh, Can Tho City, Dong Nai,
The
country produces about 250,000 tonnes of mushrooms a year, with more than
half of that sold in domestic markets as fresh produce and earns about
US$25-30 million per year from exports.
With
an abundance of mushroom growing materials, including straws, logs and
enriched sawdust, which could reach 40 million tonnes per year,
Current
production did not match existing potential, they said at the forum organised
by the National Agricultural Extension Centre in
Mushroom
cultivation was still scattered and conducted mostly at the household level,
which yielded low economic efficiency, said Nguyen Nhu Hien of the
Cultivation Department.
The
number of mushroom processing firms and exporting companies remained modest,
so there was a shortage of stable outlets, he said.
The
country plans to expand mushroom cultivation and produce about 1 million
tonnes of mushrooms of all kinds by 2020, of which 500,000 tonnes will be for
export.
To
meet the target, the agricultural sector should seek reasonable measures to
develop the mushroom industry, said Le Hong Vinh, deputy director of the
Agricultural Genetics Institute's Biotechnology Centre.
Restructuring
cultivation and diversifying mushroom strains to satisfy market demand as
well as conducting researches to diversify mushroom growing materials were
among the measures, he suggested.
Meanwhile,
the Government should provide tax incentives to enterprises involved in this
sector, he said.
Hien
called for the establishment of concentrated mushroom cultivation areas and
set up a close link between production and consumption.
He
also urged the sector to enhance the use of hi-technology in production,
preservation and processing and build brand for Vietnamese mushroom in the
world market.
Source: VEF/VNA/VNS/VOV/SGT/SGGP/Dantri/VIR
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Thứ Sáu, 26 tháng 7, 2013
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