A supermarket selling milk in Russia (Photo:Internet)
Hanoi (VNA) – The Prime Minister𓄧 has recently approved an overseas investment plan on building a cow farming and milk processing complex in Russia .
The complex, invested by the Nghe An Sugarcane and Sugar JSC, has a total investment capital of 11.25 trillion VND (500 million USD). The project will be implemented in five districts of Moscow province, Russia .
The PM asked the Ministry of Planning and Investment to speed up procedures to grant an overseas investment registration certificate for the project in accordance with regulations.
The State Bank of Vietnam is requested to supervise and instruct the company, in correctly abiding by the current regulatio෴ns on foreign exchange management.
The Ministry of Labour, Invalids and Social Affairs is asked to guide the company in sending Vietnamese guest workers to Russia to implement the project under the contract in accordance with regulations.-VNA
With an average annual growth rate of 15-20 percent, the dairy industry has potential to attract investment despite the current economic difficulties, the Saigon Giai Phong (Liberated Saigon) online newspaper reported.
The Vietnam Husbandry Association is urging the country's dairy industry to develop its cattle and use modern technologies so it could diversify and raise the quality of its products.
The Vietnam Dairy Products JS Co. (Vinamilk) has signed a framework agreement for cooperation with Lam Dong for breeding dairy cows in the Central Highlands province through 2020.
The TH True Milk brand name under the TH Group won three gold prizes at the Tasting Contest as part of the World Food Moscow 2015 exhibition held in Moscow from September 14-17.
Vietnam’s TH Group has caught interests from the 2nd International Agricultural Dairy Forum in the Moscow region, Russia which looked to develop dairy and cattle farming industry to minimise imports.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
A supermarket selling milk in Russia (Photo:Internet)
