From the beginning of the year, shrimp price has tended to surge creating excitement for farmers in the region. Therefore, more high-tech shrimp farming models have been promoted and implemented bringing high economical values. In Bac Lieu Province, there are around 134,800 hectares of land dedicated for aquaculture yielding an output of 123,075 tons, an increase of nine percent over the same period last year. Of which, shrimp output reached over 64,740 tons, a surge of over 11 percent over the same period in 2021. Similarly, shrimp farming area and output in the coastal localities of the Mekong Delta have been expanded sharply. Specifically, the shrimp output of Ca Mau Province gained 118,245 tons in the first six months of the year, increasing ten percent over the same period last year. Meanwhile, the shrimp output of Kien Giang Province reached 56,050 tons. At the current time, the shrimp prices in the Mekong Delta are stable. Specifically, the big black tiger shrimp with … [Read more...] about Shrimp farmers in Mekong Delta eager with high price
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Malaysian Minister of Finance Zafrul Tengku Abdul Aziz (Photo: Bernama) Kuala Lumpur (VNA) - The total amount of subsidies for Malaysian people is expected to reach near 80 billion RM (nearly 20 billion USD) in 2022, according to Malaysian Minister of Finance Zafrul Tengku Abdul Aziz. In the 100th People’s Financial Report released on June 27, the minister said to reduce inflationary pressures on the people, the government has provided various consumption subsidies consisting of petrol, diesel, liquefied petroleum gas (LPG), cooking oil, flour and electricity. The projected consumption subsidies expenditure for 2022 is the highest amount of subsidies in history ever borne by any government, he added. The Malaysian government will continue to implement policies to curb inflation in order to avoid excessive price increases, and help those in need of direct assistance. Large amounts of government funds have been spent to address the impact of the COVID-19 … [Read more...] about Malaysia to spend 20 billion USD on subsidies in 2022
Though the cuisine at Hoang Hoa Tham Market in Ho Chi Minh City may not be esthetically attractive, it is delicious, affordable, and a true taste of local culture. And the best part? Diners can walk away with a full meal for US$5 or less at this market. Hoang Hoa Tham Market on Hoang Hoa Tham Street, Tan Binh District, Ho Chi Minh City is packed with vendors hawking clothes, fabrics, household wares, thrifted goods, and some of the cheapest, most delicious meals in town. Sup cua (crab soup) is a popular dish in Ho Chi Minh City, particularly among white-collar employees and the elderly. Crab soup is hot, easy to eat, packed with flavor, and deliciously greasy, making it an ideal breakfast or afternoon snack. A cup of ‘sup cua’ (crab soup) from a stall at Hoang Hoa Tham Market, Tan Binh District, Ho Chi Minh City. Photo: Minh Duc / Tuoi Tre At a junction between the busy stalls at Hoang Hoa Tham Market sits a nameless sup cua cart with no signs, merely a … [Read more...] about What you can eat for US$5 or less at this Ho Chi Minh City market?
It would cost about VND 1.20 trillion (USD 52.18 million) to fill the Nui Beo open-cast coal mine pit in Ha Long City after closure. Nui Beo used to be the biggest open cast coal source in Ha Long City with an average annual output of five million tonnes. Ngo The Phiet, director of Nui Beo Coal Joint Stock Company under the Vietnam National Coal and Mineral Industries Group said that they are planning to fill the mined area. "The two pits are some 125 metres deep in Ha Tu Ward, Ha Long City," he said. "We may need some 30 million cubic metres of soil to fill these two pits." The official estimated that the work would cost VND 1.20 trillion (USD 52.18 million) and last until 2030. "With the current fuel price hike, the cost may rise to between VND 1.50-1.60 trillion," he said. "Meanwhile, our annual profits now stand at only between VND40-50 billion". Nui Beo, the largest open-cast coal mine in the northern province of Quang Ninh was closed in … [Read more...] about Huge costs for filling Ha Long largest open-cast coal mine
Hanoi's GRDP growth in the first half of this year shows the economic recovery with the development of many key industries. Hanoi's economy has posted solid growth in the first six months of 2022, director of the municipal statistics bureau Dau Ngoc Hung said at a press conference on June 30. The city's gross domestic product (GDP) has expanded by 7.79% compared to the same period last year, in which, growth in the first and second quarters was 6.02% and 9.49%, respectively, Hung said. He stressed that GRDP growth in the first half of this year is higher than that in the six-month periods in recent years, showing a clear trend of recovery and development quarter after quarter of key industries. In addition, the services sector in the first six months of the year increased by 9.05% year-on-year (with increases of 6.4% and 11.68% in the first and second quarters, respectively) and contributed 5.91 percentage points to the growth of GDP. Director of the Hanoi … [Read more...] about Hanoi’s economy posts solid growth in first half of 2022
Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform