PM tells Binh Thuan to improve planning
Prime Minister Nguyen Xuan Phuc (4th L, back row) witnesses the signing of MOUs on investment at an investment promotion conference in Binh Thuan Province on April 19 - PHOTO: VAN NAM
HCMC – Prime Minister Nguyen Xuan Phuc, addressing an investment promotion conference in Phan Thiet City on April 19, requested Binh Thuan Province to improve the quality of planning.
Binh Thuan has greater potential and a more competitive edge than other provinces, he said, since it has a long coastline and favorable weather conditions.
He said the Government had envisaged Binh Thuan as a national center for renewable energy, international tourism and titanium ore processing.
The PM asked provincial authorities to improve their planning so as to turn out highly competitive products.
The province should make the most of its available land and call for investors to develop large-scale projects which the Government has earlier greenlit.
The local government has called for investors to get involved in three priority sectors: green and sustainable tourism, renewable energy, and high-tech agriculture, said the province’s chairman Nguyen Ngoc Hai.
Two dairy firms say to lower milk prices 3-10%
HCMC - FrieslandCampina Vietnam and Song Than Hanoi Joint Stock Company have informed the Ministry of Industry and Trade of their plans to cut dairy goods prices by 3-10%, the Government news website reported.
Early this month the Government did away with the rule imposing ceiling prices on locally made and imported dairy products for children under six years old, effectively allowing dairy firms to decide prices on their own provided that they register with the Ministry of Industry and Trade.
The ministry is drafting a circular governing management of prices of functional foods and dairy goods for children below six. The circular is expected to be ready in the second quarter of 2017. While the circular is not in place, dairy firms should inform the ministry of their price changes.
In order to ensure effective management of milk prices, the ministry will manage prices in the entire supply chain, from production or import to retail, with a focus on retail pricing. “Distributors and importers of dairy products for children under six years old seem to support this policy change,” said Deputy Minister of Industry and Trade Ho Thi Kim Thoa.
Deputy Prime Minister Vuong Dinh Hue has expressed appreciation of the ministry’s new milk price management measure.