The government has also asked exporters to seek its permission for any overseas shipments between June 1 and Oct. 31, the order said. India is the world's biggest sugar producer and the second biggest exporter behind Brazil. Reuters in March reported that India was planning to curb sugar exports to keep a lid on local prices and ensure steady supplies in the domestic market. Benchmark white sugar prices in London jumped more than 1 percent after India's decision. "The government is worried about food inflation, and that's why it is trying to ensure that enough sugar remains in the country to cater to the festival season," said a Mumbai-based dealer with a global trading firm. Exporters also said the decision to allow mills to export 10 million tonnes would help India sell a reasonably big quantity of sugar on the world market. Initially, India planned to cap sugar exports at 8 million tonnes, but the government later decided to allow mills to sell some more sugar on … [Read more...] about India restricts sugar exports at 10 million tonnes
10 billion the book
Ho Chi Minh City to host Book Road Festival
PANO - Ho Chi Minh City People’s Committee has approved a festival named “Book Road” to celebrate the Lunar New Year. The Book Road Festival is designed as an open and wide garden of books along Mac Thi Buoi Street, near flower street of Nguyen Hue from January 31st to February 6th. This first Book Road Festival during the Lunar New Year, is hoped to create a new space for entertainment for the locals and to promote the reading culture as well as to popularise the City’s tourism. Along with the Flower Street Festival under the theme “New Height”, the Book Road Festival is expected to be a cultural and poetic space. Translated by Mai Huong … [Read more...] about Ho Chi Minh City to host Book Road Festival
Bilingual book nomiated for Dế Mèn Award
The picture book Chiếc Dép Thất Lạc has been nominated for the Dế Mèn Awards. — Photo baotintuc.vn HÀ NỘI — A bilingual book by foreign authors is among the official nominees for the Dế Mèn Awards, honouring works by or for children. The book, entitled Chiếc Dép Thất Lạc (The Lost Sandal), is a picture book for children by Belgian writer Geralda De Vos and Swedish illustrator Sofia Holt. They are living and working in Việt Nam. The book is a story of a girl named Linh who loses one of her favourite sandals and her adventure to reclaim it. De Vos came to Việt Nam in 2017 and has participated in environmental protection activities such as plastic waste reduction and recycling activities. She has called on people to pick up and return people's lost items. She began picking up lost sandals on the street, which became her inspiration for the book, The Lost Sanda l. Illustrator Holt came to HCM City in 2014. She is now working as a fashion and furniture designer, and an … [Read more...] about Bilingual book nomiated for Dế Mèn Award
Hanoi allocates US$11,6 million to training 270 civil servants
Hanoi allocates US$11,6 million to training 270 civil servants According to this scheme, beneficiaries are civil servants, leaders, managers at a departmental level and planning titles equivalent to department level, professional civil servants of departments and agencies equivalent to departments, and staff in people's committees in districts and communes. The total cost of implementing the project by 2025 is more than VND272.3 billion taken from the city budget. Particularly for postgraduate training, the estimated funding source is VND61.6 billion, of which postgraduate training in advanced countries is expected to cost VND9.6 billion and domestic graduate training is VND52 billion. Notably, for post-graduate training, the project clearly stated that Hanoi will send civil servants and public employees of departments, agencies, people's committees in districts, and public organizations under the age of 35 to foreign countries. According to the goal, 30 people will be … [Read more...] about Hanoi allocates US$11,6 million to training 270 civil servants
HSBC optimistic about Vietnam stock market despite plunge
Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge
Dong Nai Province makes effort to conserve wild Asian elephants
Dong Nai Province makes effort to conserve wild Asian elephants The number of the herd of Asian elephants in Dong Nai Province discovered through the investigation of the elephant conservation project in the province between 2014 to 2020 is 14. Thanks to relentless efforts to conserve staff in the Dong Nai Forest Protection Department, the herd of Asia's elephants is growing well with about 20 ones. The elephants live mainly in the Cat Tien National Park in Tan Phu District, the Dong Nai Nature-Cultural Conservation Area in Vinh Cuu District, and forest land owned by La Nga Forestry Company in Dinh Quan District. As elephants are known to enjoy maize, sorghum, and other crops. They will cause damage when they enter settlement areas, which can occur when they get caught in fencing or during migratory movements. According to data from the Department of Agriculture and Rural Development of Dong Nai Province, from the beginning of 2022 to now, the elephants have appeared 19 times, … [Read more...] about Dong Nai Province makes effort to conserve wild Asian elephants