Agriculture trade complex for Hanoi to take shape

The Ministry of Agriculture and Rural Development and the Korean Pan Asia Co., Ltd. are jointly studying the model of an agriculture wholesale and trading complex for Hanoi.

(Photo: VNA)

The ministry will coordinate with the Industry and Trade Ministry and the General Association of Agriculture and Rural Development to modernise the distribution system of the seafood and farm produce in the capital city.

Equipped with IT auction system, the complex is expected to reduce the go-betweens in trade to create bigger bring economic efficiency for local farmers, and help stablise the market prices for their produce.

It is also hoped to supply quality goods for the 2019 Asian Sports Festival, and benefit exports via the remote auction system with the Republic of Korea and other countries.

Additionally, the Cold Chain System linking with the complex will be built to better the frozen food and materials distribution network.

A master plan for this project is scheduled to complete within this year.

Deputy Minister of Agriculture and Rural Development Hoang Van Thang highlighted the Memorandum of Understanding on the complex signed between the ministry and President of Pan Asia Huh Sul during his March visit to Vietnam.

Thang added that the company has also inked a similar document with the General Association on cooperation in the management and operation of the complex and human resource training.

Source: VNA

Other news

Most view

Storm Son Tinh to weaken into tropical low-pressure on July 19

Storm Son Tinh to weaken into tropical low-pressure on July 19

According to the national center for Hydro Meteorological Forecasting, the 3rd storm  Son Tinh at 16pm July 18 centered at 18.8 degrees latitude, 107.5 degrees east longitude, on the Tokin Gulf, 190km from Thanh Hoa to Quang Binh provinces.


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.