Vietnamese Businesses to Sign Deals to Import $2 Billion of US Farm Produce
Vietnamese businesses are set to sign memorandums of understanding (MOUs) to buy $2 billion worth of U.S. farm produce, the country's state-owned news agency reported on Tuesday.
The Vietnam News Agency
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5 things: The Caring Kitchen opening June 21 in Orangevale
Welcome to Friday, loyal readers. Here's what you need to know on National Donut Day. Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events The Caring Kitchen sets opening date in Orangevale For months, my colleague Jake Abbott has been following The Caring Kitchen's plans to open an Orangevale location. It will be the second site for the locally owned vegan bakery, which currently has a Rancho Cordova store. Update: The Caring Kitchen's Orangevale location will hold a grand opening June 21, according to a social media announcement from the business. The Orangevale bakery is at 9372 Madison Ave., Suite 1, in a spot previously occupied by Paisley Cafe. The Caring Kitchen's menu changes weekly and includes gluten-free and vegan items, such as cookies, cupcakes and brownies. Delaney Polidori owns the bakery. Analysis forecasts thousands of Railyards jobs An analysis released Thursday projects thousands of jobs and billions in economic impact from the Railyards development. Released ahead of a critical Sacramento City Council vote on financing infrastructure improvements for the infill site, the analysis by Stantec Inc. found the one-time economic impact from construction in the Railyards would top $8.2 billion. Across Sacramento County, Railyards development will support nearly 24,000 jobs, including 13,563 within the project footprint, according to the report. Senior Reporter Ben van der Meer has details about the Railyards' possible economic impact. Vietnamese sandwich chain adds Davis location A Vietnamese sandwich chain is the latest tenant to join the newly redeveloped Davis Collection center, which is starting to see businesses open their doors. The center, formerly University Mall at the northwest corner of Russell Boulevard and Anderson Road in Davis, has been undergoing a redevelopment by New York-based Brixmor Property Group Inc. for the past few years. A site plan was recently updated for the Davis Collection indicating Paris Banh Mi will fill a 2,000-square-foot space next to the recently opened Nordstrom Rack. Reporter Jake Abbott explains what Paris Banh Mi is planning in Davis. Midtown site, entitled for 296 apartments, is for sale A Midtown Sacramento site with entitlements for nearly 300 apartments is on the market. Turton Commercial Real Estate is marketing the 32,000-square-foot site on the northeast corner of K and 21st streets under the name "21K." Three years ago, current owner D&S Development got entitlements for a project on the site with 296 apartments with 8,000 square feet of ground-floor retail space, in an eight-story building. Senior Reporter Ben van der Meer has details about the Midtown Sacramento site listed for sale. Surgical Care Associates renews lease in South Natomas Surgical Care Associates, a national network of ambulatory surgery centers, has renewed its lease at Citygate Plaza in South Natomas, according to MKD Citygate LLC, the building's owner. The five-story office building at 2450 Venture Oaks Way will continue to house a 3,379-square-foot administrative office for the company. The South Natomas location is not a clinical site but supports non-clinical operations tied to surgical care coordination and patient logistics. Reporter Chris Campbell has details about Surgical Care Associates' renewed lease in South Natomas. Have a great weekend, folks. Thanks for reading.
Yahoo
8 hours ago
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Vietnam GaN Power Devices Market and Competition Analysis Report with Growth Forecasts to 2029: A USD 35 Million Opportunity
Government support for high-tech industries and investment in renewable energy is boosting adoption. The 200-600 Volt segment dominates, with Southern Vietnam leading in manufacturing. Vietnamese GaN Power Devices Market Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Vietnam GaN Power Devices Market, By Region, Competition Forecast & Opportunities, 2019-2029F" has been added to offering. The Vietnam GaN Power Devices Market was valued at USD 7.56 Million in 2023 and is expected to reach USD 34.99 Million by 2029, rising at a CAGR of 28.90%. In recent years, the Vietnam GaN Power Devices Market has witnessed significant growth driven by several key factors. Firstly, the increasing demand for energy-efficient electronic devices and systems has propelled the adoption of GaN technology. As industries strive to enhance power conversion efficiency and reduce carbon footprints, GaN power devices have emerged as a preferred choice due to their superior performance metrics. The expanding consumer electronics market in Vietnam, including smartphones, tablets, and wearable devices, has contributed to the uptake of GaN power devices. The automotive sector plays a pivotal role in the Vietnam GaN Power Devices Market. The automotive industry's shift towards electric vehicles (EVs) and hybrid electric vehicles (HEVs) requires advanced power electronics solutions that can withstand high temperatures, reduce weight, and increase energy efficiency. GaN power devices meet these requirements, offering automotive manufacturers opportunities to innovate and improve vehicle performance. Government initiatives and investments in infrastructure development and renewable energy projects have bolstered the demand for GaN power devices in Vietnam. These devices are integral to the efficient generation, transmission, and distribution of electrical power, supporting the country's ambitions for sustainable development and energy independence. Key Market Drivers Growing Demand for Energy Efficiency Expansion of Consumer Electronics Sector Rise of Electric Vehicles (EVs) and Renewable Energy Telecommunications and Data Centers Expansion Government Support and Investment in High-Tech Industries Key Market Challenges Technological Complexity and Manufacturing Challenges Cost and Pricing Pressures Intellectual Property (IP) Protection and Regulatory Compliance Market Fragmentation and Competition Supply Chain Risks and Dependencies Key Market Trends Adoption in Consumer Electronics: One significant trend in the Vietnam GaN Power Devices Market is the increasing adoption of GaN technology in consumer electronics. GaN power devices offer advantages such as higher efficiency, faster charging, and smaller form factors compared to traditional silicon-based devices. As the demand for smaller, lighter, and more energy-efficient devices grows among Vietnamese consumers, GaN power devices are becoming essential components in smartphones, tablets, laptops, and wearable devices. This trend is driven by consumer preferences for faster charging times and longer battery life, which GaN technology can effectively address. Expansion in Automotive Applications: Another emerging trend is the expansion of GaN power devices in the automotive sector in Vietnam. With the global shift towards electric vehicles (EVs) and hybrid electric vehicles (HEVs), there is a growing demand for power electronics solutions that can handle higher voltages and temperatures while reducing energy losses. GaN technology's ability to operate efficiently at higher frequencies and temperatures makes it suitable for applications such as onboard chargers, DC-DC converters, and motor drives in electric and hybrid vehicles. This trend is supported by government initiatives to promote electric mobility and reduce carbon emissions, driving the adoption of GaN power devices by automotive manufacturers and suppliers in Vietnam. Integration in Renewable Energy: GaN power devices are increasingly integrated into renewable energy systems in Vietnam, such as solar inverters and wind turbine converters. These devices offer improved power conversion efficiency, reliability, and thermal management compared to conventional silicon-based devices. As Vietnam seeks to enhance its renewable energy capacity and reduce dependency on fossil fuels, GaN technology plays a crucial role in optimizing energy generation, transmission, and distribution processes. This trend is fueled by investments in renewable energy projects and the country's commitment to achieving sustainable development goals. Emergence in Industrial Applications: GaN power devices are gaining traction in various industrial applications across Vietnam, including industrial motor drives, power supplies, and uninterruptible power systems (UPS). Industries are increasingly adopting GaN technology to improve operational efficiency, reduce maintenance costs, and enhance productivity. The ability of GaN devices to operate at higher frequencies and with lower losses makes them suitable for high-performance industrial equipment, contributing to the growth of the GaN Power Devices Market in the industrial sector. Technological Advancements and Innovations: Ongoing advancements in GaN semiconductor technology, such as the development of higher voltage and current capabilities, improved reliability, and enhanced thermal management solutions, are driving innovation in the Vietnam GaN Power Devices Market. These advancements enable manufacturers to expand the range of applications for GaN devices, improve product performance, and meet evolving customer demands for efficiency, reliability, and sustainability. Regional Insights Southern Vietnam has emerged as a dominant force in the Vietnam GaN Power Devices market. The region is a hub of industrial activity and economic growth, with significant investments in manufacturing and technology infrastructure. This conducive environment has attracted semiconductor companies and technology firms that specialize in GaN power devices, establishing Southern Vietnam as a focal point for research, development, and production in this sector. Southern Vietnam benefits from strategic geographical positioning and logistical advantages, facilitating easier access to raw materials, supply chains, and export markets. This logistical efficiency supports the manufacturing and distribution of GaN power devices across Vietnam and beyond, enhancing the region's competitive edge in the market. Southern Vietnam's supportive business environment, including favorable government policies and incentives for technology investments, encourages innovation and entrepreneurship in the semiconductor industry. Companies in the region are incentivized to develop and commercialize advanced GaN power devices, leveraging local talent and resources to meet growing domestic and international demand. Southern Vietnam's proximity to key consumer markets and industries enhances its appeal as a manufacturing and distribution hub for GaN power devices. The region's connectivity to major cities and ports facilitates efficient transportation and logistics, enabling timely delivery of GaN devices to customers and end-users across Vietnam and Southeast Asia. Southern Vietnam's emergence as a dominant force in the GaN Power Devices market is supported by a robust ecosystem of research institutions, universities, and technical colleges that provide skilled manpower and expertise in semiconductor technology. This pool of talent contributes to continuous innovation, product development, and adaptation of GaN power devices to meet evolving market demands and technological advancements. Key Players Profiled in Vietnam's GaN Power Devices Market Infineon Technologies AG Qorvo, Inc. MACOM Technology Solutions Holdings, Inc. Microchip Technology Inc. Analog Devices, Inc. Efficient Power Conversion Corporation Integra Lifesciences Holdings Corporation Transphorm, Inc. Navitas Semiconductor Corporation Texas Instruments Incorporated Report Scope In this report, the Vietnam GaN Power Devices Market has been segmented into the following categories: Vietnam GaN Power Devices Market, By Device Type: Power RF Power Vietnam GaN Power Devices Market, By Voltage Range: < 200 Volt 200-600 Volt >600 Volt Vietnam GaN Power Devices Market, By Application: Power Drivers Supply & Inverter Radio Frequency Vietnam GaN Power Devices Market, By End User: Telecommunication Industrial Automotive Renewables Consumer & Enterprise Military Defense & Aerospace Others Vietnam GaN Power Devices Market, By Region: Southern Vietnam Northern Vietnam Central Vietnam Key Attributes Report Attribute Details No. of Pages 88 Forecast Period 2023-2029 Estimated Market Value (USD) in 2023 $7.56 Million Forecasted Market Value (USD) by 2029 $34.99 Million Compound Annual Growth Rate 28.9% Regions Covered Vietnam For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Vietnamese GaN Power Devices Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 hours ago
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Black Pepper May Be Getting More Expensive—and Not Just Because of Tariffs
Shortages of black pepper may cause prices to rise this year. Impending tariffs against Brazil and Vietnam, both major black pepper producers, may also affect prices. If you want to stock up, buy whole peppercorns rather than ground pepper, and consider storing in the you think of expensive spices, you might think saffron or vanilla—but you probably don't think of a staple like black pepper. But between the shortages of the world's most traded spice and shifting U.S. tariff policies, you may soon see a sharp price hike for black pepper products. EatingWell spoke with the American Spice Trade Association (ATSA) to learn more. 'The main driver for the reduction in global black pepper supply is reduced production in Vietnam, the leading producer of black pepper,' says ATSA executive director Laura Shumow. 'Following pepper price drops in 2018 due to a surplus of black pepper, Vietnamese black pepper farmers shifted away from planting black pepper and began planting other crops. Black pepper vines take several years before they begin bearing fruit, so the impact of this shift is felt years later, and we are still experiencing the shortage today.' While Indonesia, India and Brazil are the other main producers of the spice, Vietnam leads the way in exports, making the repercussions of their farming decisions widespread. Still, it's a pattern that many black pepper producers and traders are undoubtedly accustomed to. 'Black pepper pricing tends to be cyclical based on the trend of production declining following price decreases and production increasing when prices are high,' explained Shumow, referencing recent ATSA crop reports that demonstrate relatively low production numbers in Vietnam and other leading exporters over the last several years. 'Based on this trend, we expect that we are still several years away from seeing supply catch up to demand.' Though the numbers slightly increased in Brazil and Vietnam in 2024 and the first part of 2025, farmers will need to find solutions to the various other challenges they face if they're going to help alleviate shortages and stabilize prices for consumers in the coming years. One significant factor is climate change, which has resulted in unpredictable rainfall. This unpredictability has adversely affected planting and harvesting, as farmers depend on consistent rainy seasons for everything from creating farming schedules to ensuring the health of their crops, ultimately determining the value of their products. The impending retaliatory U.S. tariffs set to take effect on July 9 may cause further price hikes, especially since black pepper-producing countries face some fairly high percentages—including a staggering 46% for Vietnam. Disorganized trade systems, increased shipping costs, and the reverberating effects of COVID-era supply chain disruptions are among the other challenges affecting farmers and, in turn, the availability and prices of black pepper. Related: 4 Foods to Stock Up On Before Tariffs Take Effect Stocking up on the staple spice before the likely spike in prices occurs is one way to lessen your impact as a consumer. Just make sure to store reserves in airtight packaging or containers in a cool, dry place or in the freezer for an even longer shelf life (up to 12 months for most spices). To further ensure freshness and the best taste, opt for whole peppercorns and grind them as needed instead of in batches. Finding substitutes that are less expensive or less likely to be affected by these issues is another option that can save you money. Spices that boast numerous health benefits and share similar warm and spicy notes typical of black pepper include coriander, cumin, cayenne pepper, cloves and smoked paprika. Whether you choose to stock up on black pepper or find alternatives, you can take relief in knowing that shortages and prices will even out if they follow historical trends. Related: 12 Ways to Save Money on Groceries, According to a Food Writer Read the original article on EATINGWELL
