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22/04/2021 12:47 GMT+7
Vietnamese firms have chance to reach out to Halal market
Global demand for Halal product is increasing. (Photo: halalvietnam.vn)
Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.
The Food and Agriculture Organisation of the United Nations (FAO) in Vietnam estimated that the Halal market is growing rapidly, with Muslim consumers worldwide spending 1.4 trillion USD on Halal food, and the figure expected to be ten times higher in 2050.
Update: April, 20/2021 - 16:33 |
With total revenue of more than VNĐ59.7 trillion (nearly US$2.6 billion) in 2020, Vinamilk was the only dairy producer in Southeast Asia to enter the Top 50. VNA photo
HÀ NỘI – The Vietnam Dairy Products Joint Stock Company (Vinamilk) has moved up six places from 42nd to 36th in the Top 50 by Total Sales in Dairy Product Processors (Global), according to the rankings announced by UK-based Plimsoll Publishing Ltd.
With total revenue of more than VNĐ59.7 trillion (nearly US$2.6 billion) in 2020, Vinamilk was the only dairy producer in Southeast Asia to enter the Top 50.
Top 10 were businesses from the US, New Zealand, Europe and China.
LG Electronics Inc. plans to produce home appliances from its smartphone manufacturing line in Vietnam. (Photo: Yonhap)
Seoul (VNA) - The
tech giant LG Electronics Inc. said on April 20 that it plans to
produce home appliances from its
smartphone manufacturing line in Vietnam’s Hai
Phong city as the company earlier decided to fully withdraw from the mobile
business.
Under the plan, the company will complete the
transformation within this year
while rearranging affected workers.
President of LG Electronics’ Vietnamese arm Jun Hai-jin told Yonhap that
exiting smartphone production in Vietnam is part of LG’s plan to restructure
its core product portfolio.
Vietnamese airlines are preparing to launch direct flights to the US. (Source: VNA)
Hanoi (VNA) – More than 80 state-owned and private
enterprises from
Vietnam and the US discussed
cooperative opportunities at a recent virtual
conference as both sides are making preparations for the launch of direct
flights between the two countries.
Leading US firms such as Autodesk, Boeing, Collins, Aerospace, Haskell,
Honeywell, Mitre, Rapiscan, JBT Aerotech, Turner Construction and Tyco
Security, among others, shared experience and solutions in airport development,
as well as highlighted opportunities to boost the Vietnam-US collaboration in
this field.
At the event, the US Federal Aviation Administration, the US Transportation