Vietnam News & Backdoc Comments

Backdoc:   AHHHH HAAAA CHEWWWWW !!  WOW! I FEEL BETTER AFTER THAT SNEEZE! LOL

WE CONTINUE TO SEE EVIDENCE OF WHAT HAS AND IS GOING ON WITH THAT COUNTRY AND HOW IT WILL PARTNER WITH THE EMPIRE THROUGH TPP!

VIETNAMS' PEPPER TRADE HAS NOW BECOME DOMINANT AS I'VE SEEN MUCH ON THIS. 

REALIZE, THE MORE VIETNAM DOES TO INCREASE THEIR GDP USING TRADE AND EXPLOITING THEIR IN GROUND WEALTH, AS YOU ALL HAVE LEARNED FROM IRAQ,, WE WILL SEE VALUE TO THEIR CURRENCY BE SUBSTANTIATED! DOC   IMO

VIETNAM: Pepper Exports Likely To Set New Record

A farmer bags pepper at Xuan Tho Commune, Xuan Loc District, in southern Dong Nai Province. The Viet Nam Pepper Association forecasts the nation's pepper export revenue could set a new record this year despite lower export volume thanks to high prices in the global market. 

HCM CITY (VNS)— Viet Nam's pepper export revenue could set a new record this year or at least equal to that of last year despite lower export volume, according to the Viet Nam Pepper Association.
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Last year, 156,396 tonnes of pepper were exported worth US$1.2 billion, the highest figures so far in both volume and value, chairman Do Ha Nam told a review meeting in HCM City yesterday.

This represented a year-on-year increase of 16.38 per cent in volume and 34.72 per cent in value.

With a forecast of pepper to fall significantly over the last year due to unfavourable weather and disease, export volume would fall by about 10 per cent to 144,000 tonnes this year, he said.

In the first four months of the year, export volume dropped by 24 per cent over the same period last year, with only 57,000 tonnes of the spice exported, but export revenue went up by 2.1 per cent to reach $521 million.

According to the International Pepper Community, there had been little change in both supply and demand for the spice in the world market, which had kept prices high, he said.

Pepper export prices had increased from earlier this year, and were expected to be 20 per cent higher year-on-year, he said.

But despite its achievements, Viet Nam's pepper industry faces a number of challenges, such as stunted plants and overexploited pepper farms with more disease and decreased productivity. Climate change has also affected farms.

High prices have persuaded farmers to expand cultivation without any planning, according to Nguyen Mai Oanh, the association's deputy chairwoman. The overuse of fertilisers of farmers has caused the plants to degenerate quickly and become vulnerable to disease.

"Pepper prices might remain high in the short term, but if production is not monitored carefully, there could be a glut," said Hoang Phuoc Binh, deputy chairman of the Chu Se Coffee Association.

With import markets like the US and EU demanding higher food safety requirements, the association and delegates at the meeting called on farmers, processors, and distributors to focus more on safety and hygiene norms.

Ha Huy Thang, general director of Petrolimex International Trading Joint Stock Company (Pitco), one of the leading companies in processing and exporting pepper, said the Government and the Ministry of Agriculture and Rural Development should develop measures to control the planting of pepper without advance planning and impose strict punishment on those using banned plant-protection drugs.

In addition, the agricultural sector should offer more instruction to pepper farmers who follow good agricultural practices (GAP), he said.

"Improving value and quality is the target for Viet Nam's pepper industry," Nam said.

To mitigate risks in production and trading, the association's members and farmers should produce more "clean" spices to satisfy demand of import markets, he said.

Vietnamese pepper products are exported to 97 countries and territories, with the US and Singapore, United Arab and India being the largest buyers.

The country has around 80,000ha under pepper, 52,000ha of which can now produce harvests, with an average output of 2.4 tonnes per ha. — VNS

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VIETNAM: President Re-Affirms Russian Ties

President Truong Tan Sang (right) meets Russian war veterans and representatives of the Russia-Viet Nam

MOSCOW (VNS)— Leader of the Communist Party of the Russian Federation (CPRF), Gennady Zyuganov, told President Truong Tan Sang in Moscow yesterday that his Party consistently backed the Russian President and government's initiatives to develop ties with Viet Nam.

Zyuganov also expressed confidence that under the leadership of the Communist Party of Viet Nam, the country would continue progressing towards greater prosperity.

He said the CPRF recently admitted an additional 25,000 new members who want to foster exchanges with their Vietnamese counterparts.

President Sang, who is in Moscow for the four-day (May 7-10) 70th Anniversary celebration of victory in the Great Patriotic War, called for intensified political collaboration through regular visits.

The Vietnamese Party, State and people appreciate the invaluable support that Russian communists and people had rendered Viet Nam during their struggles for national independence, he said.

Sang also welcomed the co-operation projects proposed by the CPRF to boost bilateral ties.

Later the same day, Sang received business leaders including defence firms and vowed all possible support for Russian investors in Viet Nam.

As Viet Nam shifts to new growth models, fine tunes its legal framework and steps up infrastructure development, it gives high priority to ties with Russia.

A representative of the Leanvest Group requested support for seafood processing and export businesses from the far eastern part of Russia. He also hoped for preferential tax incentives for seafood and other products, as also the promotion of Russian culture in Viet Nam through its films.

President Sang told the leader of a submarine building group, that Russia was a significant military technical partner for Viet Nam.

He said Viet Nam -Russia engagements in national defence and security would contribute to peace and stability in the region and beyond.

The group had transferred three of six submarines ordered by Viet Nam and was working to hand over the remaining three by 2016, President Sang was told.

The group's representative also thanked Viet Nam for choosing it to build the first fleet of submarines in the country.

Tribute to Ho Chi Minh

Also yesterday, President Sang laid a wreath at a monument dedicated to the late President Ho Chi Minh in Moscow.

He was accompanied by Vietnamese Ambassador Nguyen Thanh Son, Russian war veterans who assisted Vietnamese soldiers during the –American War, and representatives of Vietnamese community in Russia.

The State leader, his spouse and Vice President of the Russia-Viet Nam Friendship Association, Maj. Gen Anatoly Pozdeyev, planted a pine tree behind the monument. — VNS

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Backdoc:   REMEMBER THE MASSIVE NATURAL GAS TRADE DEAL BETWEEN RUSSIA CHINA AND VIETNAM? MMMMM    JUST ANOTHER DEAL TO INCREASE GDP AND CURRENCY VELOCITY! DOC    IMO

VIETNAM: Ho Chi Minh City Promises To Cut Red Tape For Foreign Investors

Ho Chi Minh City has promised to remove some administrative procedures for foreign investors and publicize the status of investment applications to ensure transparency.

The People’s Committee this week ordered the Department of Planning and Investment and other relevant agencies to simplify the process of approving investment applications, news website VnExpress reported.

For example, the department has been asked to skip consulting with district authorities before approving licenses to foreign investors.

According to the committee, the deadline for the approval of investment applications is often not met, with delays of up to a year sometimes. Therefore, the city is striving to settle this problem.

Starting this May, the committee will send apology letters to foreign investors if the deadlines for their applications’ approval are missed.

The status of investment applications will also be publicized on the websites of relevant departments and agencies, so that investors will know if their applications have been passed a certain stage or still pending. The reasons for delays will also be given.

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Backdoc:   HAAAA HAAAA YA WE HEAR YOU SAY COME FOREIGNERS, COME AND INVEST INTO OUR COUNTRY AND WE WILL LET YOU OWN PROPERTY!   WE WANT TO BECOME LIKE YOU EMPIRE FRIENDS! LOL  DOC   IMO

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