Avant Meats, the Hong Kong-based food tech developing cell-based seafood, has announced a new strategic partnership with Vinh Hoan Corporation (VHC), the world’s largest pangasius fish producer based in Vietnam. The partnership will see Avant Meats leverage VHC’s global sales network and manufacturing capabilities, with the view to accelerate the commercialisation of its cultivated fish…
Vietnam plans to reduce its renewable energy output by 1.3 billion kilowatt hours (kWh) this year, with transmission capacity unable to handle the supply. An oversupply of renewable energy, especially during midday peak sun hours, and the overload on the transmission line from the central region to the north are among the biggest power management…
The Fisheries Administration under the Ministry of Agriculture, Forestry and Fisheries will close fishing for short mackerel in Cambodian waters from January 15 to March 31 this year, according to an announcement seen by The Post on January 10. It said the reason for the closure is the onset of the short mackerel’s spawning season…
Efforts are being made by growers to sell it locally or supply it to big companies. Frozen ripe jackfruit is the latest addition to the growing market of value-added products from jackfruit. Bibil Thomas, a 29-year-old software engineer from Kumily in Idukki district of Kerala, has launched Jackobyte, which retails frozen ripe bulbs of jackfruit…
In 2014, the installed capacity of non-hydroelectric renewable energy in Vietnam (such as solar, wind and biomass gasification) stood at 109 megawatts (MW), about one third of one percent of the country’s total installed capacity of 34,079 MW. At the time, Vietnam’s electricity mix was dominated by hydropower (46 percent), coal (29 percent) and natural…
INTERNATIONAL REPORT—Hotel activity is on the rise in Southeast Asia with two signings in Vietnam and an opening in Cambodia. IHG expands Crowne Plaza brand in Central Vietnam InterContinental Hotels Group (IHG) has signed a management agreement with Minh Dong Travel Service and Trading Company Limited—a member of PGT Group—to open the second Crowne Plaza…
Bangchak Corporation (BCP), a mostly state-owned energy firm, is planning to increase its Inthanin coffee houses overseas to grow its non-oil business after the pandemic calms down. BCP chief marketing officer and senior executive vice-president Somchai Tejavanija said the company will start with 3-5 new cafes in Laos. Inthanin Coffee claims to be environmentally friendly,…
The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The Post on January 10. He defined a “travel bubble” as a…
The part in relation to Cambodia under the ASEAN-Hong Kong free trade agreement (FTA) and Investment Agreement (IA) is set to take effect on February 12, according to Hong Kong’s Trade and Industry Department. The Kingdom will be last country in which the two agreements enter into the force, following Indonesia on July 4 and…
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, which will more than double between 2020 and 2029 to a capacity exceeding 1,500GW, Fitch Solutions forecast. As Chinese solar manufacturers have continued to expand their manufacturing bases outside China, a local…
According to an announcement from China’s General Administration of Customs, China granted import permission for 10 new fruit items in 2020, representing a slight decrease from the previous year. The approved fruit items include Argentinian and Chilean citrus; Brazilian melons; Cambodian mangos; Dominican avocados; Indonesian dragon fruit; U.S. avocados, blueberries and nectarines; and Zambian blueberries….
With the recent release of the Google e-Conomy SEA 2020 Report on investment trends in Southeast Asia, investors are cautious, yet optimistic, about the financing scene. One example of continued growth is in Vietnam. While already burgeoning in 2019 with $362.5 billion USD in investments, the country has remained relatively stable with funding in the…
The shrimp aquaculture sector has long – and not always unfairly – been associated with the destruction of mangroves in many tropical regions. However, Switzerland-based consultants and seafood traders Blueyou are backing a project which, they claim, can combine shrimp aquaculture with mangrove restoration – improving farmers’ livelihoods while rejuvenating the ecosystem services that mangroves…
From January to Dec. 15, 2020, Cambodia has exported some 945,274 tonnes of fresh mangoes to foreign markets, with an estimated total value of some $473,207,700. The figures were shared in a preliminary report on the progress of major agro-industrial crop production in 2020, by Veng Sakhon, Minister of Agriculture, Forestry and Fisheries. The report…
Provincial fisheries officials have said the development of crab banks in community fisheries has gradually boosted marine crab output. Crab banks are where pregnant crabs are stored until their attached eggs hatch. Members of fisheries communities who catch pregnant crabs are obliged to sell them to the crab banks. Once hatched, the zoea larvae are…
Fish from the Mekong and Tonle Sap rivers cannot feed all Cambodians as the number of the population grows. Cambodian people will partly depend on raised fish from Vietnam and in Cambodia. Near Prek Pnov market, while fish vendors buy grown fish to sell at other markets, some fish farmers come to buy fry also…
Vietnam recorded a 79 percent decline year-on-year in the number of foreign visitors in 2020 due to travel restrictions amid the coronavirus pandemic. The country received 3.83 million foreign tourists against a record 18 million in 2019, General Statistics Office data shows. The government in early of the year set a target of 20 million….
GE Renewable Energy has secured a 27MW turbine deal in Vietnam for the Phuoc Minh wind farm in the Ninh Thuan region of the country. The contract is for the supply of eight 3MW-137 machines. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will provide full engineering, procurement and construction services…
A 34-road infrastructure project in Preah Sihanouk province has completed initial construction of concrete roadways and drainage systems and is on schedule to be entirely finished in the first half of next year. Provincial hall spokesman Kheang Phearum told The Post on December 28 that 98 per cent of light poles had been installed as…
