Farming industry group to commission cooking oil plant
Dabaco Group has announced that it is commissioning soon a plant to produce cooking oil in Tien Du district, the northern province of Bac Ninh, with a designed capacity of 1,000 tonnes of soya bean per day.
Dabaco Group's cooking oil plant in Tien Du district (Source: tuoitrethudo.com.vn)
Hanoi (VNA) – Dabaco Group has announced that it is commissioning soon a plant toproduce cooking oil in Tien Du district, the northern province of Bac Ninh,with a designed capacity of 1,000 tonnes of soya bean per day.
The farmingindustry group the plant will produce and refine over 80 million litres ofcooking oil each year with technology and machinery originated from Europe.Besides, it is investing in a silo system with six units, each with a capacityof 5,000 tonnes, to store material. The silos are located near a port, whichhelps facilitates the supply of the fresh materials to the plant.
The productionline is a closed and automatic one from pressing to refining and bottling usingthe nano technology, helping optimising the value of the product and reducingthe production costs.
Dabaco Group is aVietnam-based company is involved in the manufacturing and wholesale trade offarm supplies, such as animal feed and raw materials for animal feedmanufacturing, as well as studs for livestock breeding.-VNA
As many as 2,200 new agricultural enterprises were set up in 2018, up 12.3 percent compared to 2017 and pushing the total number of firms in the sector to 9,235, reported the Ministry of Agriculture and Rural Development (MARD).
The Department of Livestock Production under the Ministry of Agriculture and Rural Development will make intensive efforts to boost exports of animal products this year.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Dabaco Group's cooking oil plant in Tien Du district (Source: tuoitrethudo.com.vn) 
