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| Economy |
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| Vietnamese Rubber – Potential and Prospect |
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The main component of the rubber tree is latex, also called “white gold”, because it is an essential material for many technologies. There isn’t a day that passes that we don’t have contact with products made of rubber in our daily activities. |
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| The Attraction of a Land |
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In 1983, pharmacist Nguyen Van Be, a lecturer at Ho Chi Minh City Medicine and Pharmacy University and Vice Director of Phytopharco Company, decided to work in Dong Thap Muoi in southern Vietnam. Here, he and his colleagues have spent 16 years digging over 100km of canals and arroyos and building up dams to preserve water on an area of 1,041ha in Binh Phong Thanh Commune, Moc Hoa District, Long An Province and established Dong Thap Muoi Medicinal Herbs Research, Preservation and Development Centre in 1999. It is now an eco-tourist convalescence and disease treatment area. |
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| VID Group – Dynamic and Effective |
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Vietnam Investment Development Group (VID Group) led by 30 something year-old Nguyen Thi Nguyet Huong, its Chief Executive Officer and General Director, is considered a leading investor that has facilitated investment flows to many localities. So far, 10 industrial zones of VID Group in the northern cities and provinces have attracted nearly two billion USD of foreign direct investment (FDI) from over 300 investors from many countries and territories, including large brand names such as Sumitomo, Hitachi, Brother, Terumo and Nidex. |
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| Steps Taken by the Leather and Footwear Industry |
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Vietnam’s leather and footwear sector has had spectacular results that have made it the 4th largest footwear exporter in the world and the country’s 3rd largest exporter with a trade turnover of more than 3.5 billion USD a year. |
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| A New Area of Energy |
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The Ca Mau Gas-Electricity-Fertilizer Complex project is one of the large economic projects in Vietnam. This project, capitalized at about two billion USD, consists of the construction of a 325km-long gas pipeline (including 298km running under the sea) that provides gas for two thermal electric plants with a capacity of 1,500 MW, and a plant producing fertilizer with a capacity of 800,000 tonnes a year. It is invested by Vietnam Oil and Gas Group (PetroVietnam) and is being implemented in U Minh District, Ca Mau Province. Vietnam Pictorial’s reporters had a day’s visit to the construction site of the project and photo documented a modern industrial area which is taking form in the southernmost area of Vietnam. |
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| Affirming the Trademark of Vietnamese Coffee |
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In 2007, Vietnam ranked second in the world in exporting coffee with over 900,000 tonnes, earning nearly 1.86 billion USD. Among the agricultural products, coffee takes the lead in export turnover, surpassing rice, a key export. At present, Vietnam is well-known throughout the world as a powerful coffee exporter and the trademark of Vietnamese coffee has established a firm position on the world market. |
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| Sa Dec Village of Flowers and Ornamental Plants |
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For more than 100 years, Sa Dec has been known all over the country for the cultivation of flowers and ornamental plants. Sa Dec flowers and plants have been provided to all parts of the country and exported to many foreign markets. |
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| Da Lat - The Land of Flowers |
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Every two years, Da Lat City in Lam Dong Province organizes the Flower Festival to highlight the existing forte of this highland city. Flowers are closely connected with the life of the local people and have become their spiritual symbol, making the city second to none in Vietnam. |
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