America

Trung Nguyen’s Instant Coffee Enters US, RoK Markets

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November 7, 2011 (Vietnamica) — Trung Nguyen’s G7 Instant Coffee has been officially sold at Costco super market chains in the U.S. and E-Mart outlets in the Republic of Korea since October. Trung Nguyen has shipped 100 containers of G7 to Costco and 15 containers to E-Mart. G7 Instant Coffees have had to pass strict examination by international verification agencies – SGS and Bureau Veritas. These products must meet more than 20 requirements in factory policies, equipment, processing technology, materials, preservation, transport, and labor safety (VGP, Oct. 31).

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National Coffee Cluster: A Role Model for Sustainable Development of Vietnam

November 7, 2011 (Vietnamica) — Trung Nguyen Group, in collaboration with international strategic advisory groups, has proposed a role model for Coffee Cluster in Vietnam. The model combines industry cluster theory with green economics. The Poterian cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Green economics is the economics of the real world — the world of work, human needs, the Earth’s materials, and how they mesh together most harmoniously.  It is primarily about “use-value”, not...

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Italy: One Step Closer to the Endgame

Italy: One Step Closer to the Endgame

November 5, 2011 (Vietnamica) – So the Italian government today asked the International Monetary Fund to monitor its reform program. It may or may not be coincidence that the G20 summit, which ended today, saw discussion about boosting global liquidity by the use of Magic Money – otherwise known as the IMF’s Special Drawing Rights.

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First Solar Postponed Vietnam Factory, Focused on U.S, Germany, and Malaysia Production Bases

November 4, 2011 (Vietnamica) — First Solar Inc., the world’s largest maker of thin-film solar panels, postponed plans to complete a factory in Vietnam as part of an effort to cut capital spending. First Solar will focus on completing a new factory in Mesa, Arizona, and implementing improvements to existing production lines in the U.S., Germany and Malaysia (Bloomberg, Nov 3)

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CFR: Euro Crisis Dominates G20 Summit

November 4, 2011 (Vietnamica) — U.S. President Barack Obama said the eurozone sovereign debt crisis was the most pressing task for G20 world leaders meeting in Cannes, as he called on his European counterparts to “flesh out details” (NYT) of a three-pronged solution agreed to in Brussels last week. China and Russia (DeutscheWelle), both feeling the strain of the euro crisis, also called on EU leaders to implement the rescue plan without hesitation. It includes an expansion of the temporary eurozone bailout mechanism, recapitalization of the continent’s exposed banks, and a new bailout package for Greece.

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Gold Hits 6-Week High,Papandreou “Won’t Last til Tonight”, IMF says “No Greek Loan til Referendum”but “Referendum is Dead”

November 3, 2011 (Vietnamica) — U.S. dollar prices to buy gold jumped to a six-week high of $1757 an ounce late on Thursday morning – though only 0.7% above last Friday’s close – following reports that Greek prime minister George Papandreou was on the verge of offering his resignation.

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