Cold spell

Illustrative image. (Photo: VNA) Hanoi (VNA) - Vietnam's cold storage real estate segment is developing and is expected to reach 295 million USD in 2025 with a growth rate of 12 percent a year, according to real estate consultancy Savills Vietnam. real estate in the southern provinces is considered to be more developed due to the robust demand for storage food, seafood and retail items. However, northern localities have seen a boom in cold storage facilities with design capacity skyrocketing from 26,750 shelves in 2015 to 71,750 shelves in 2018. e-commerce is putting a lot of pressure on cold storage facilities in Vietnam due to limited quantity, despite rising investment from domestic and foreign investors in the expansion of cold storage facilities in the past three years. VNA … [Read more...] about Cold storage warehouse market forecast to grow 12 percent a year: Savills Vietnam

In late March, Japan’s Sumitomo Corporation and local BRG Group worked with Danang’s leaders to discuss projects both groups want to deploy in the city. In 2020, Chairman of Danang People’s Committee Le Trung Chinh handed over MoUs on investment cooperation to Sumitomo Corporation and BRG Group to promote investment in a wide range of urban and infrastructure development projects in Danang. According to BRG chairwoman Nguyen Thi Nga, Danang has the full potential for a leading global player like Sumitomo to weigh over opportunities for investment and business expansion. “The board of directors at Sumitomo is solid with their investment orientation in Danang as they have sent several working groups to the city to shape an iconic regional-level project in Danang,” said Nga. Beyond Japanese groups, international investors from various other countries have expressed the desire to make forays into Danang. In a meeting with the city’s management at the end of April, Park In Sung, … [Read more...] about Danang becoming focal point in Central Vietnam investment

A peaceful corner of Ngòi Tu Village. Photo mia.vn Lâm Giang Located on the peaceful Thác Bà Lake, Ngòi Tu Community Cultural Tourism Village in Vũ Linh Commune, Yên Bình District is an attractive destination for tourists. Ngòi Tu has a unique landscape combined with the long-standing cultural values of the people here, creating a very unique attraction. We went by car to visit the village, though it can also be reached via boat, departing from Hương Lý Port in Yên Bình Town, to feel the cool and fresh atmosphere of Thác Bà Lake. The village is located close to the edge of Thác Bà Lake, nestled under palm trees and luxuriant forests. It covers an area of 2sq.km. With the typical climate of the lake area, the winter is cold and the summer is cool. We arrived at the village on a calm morning, the wind gently carried the fragrance from the rice fields. Lurking behind the shady palm trees, the village appears as a picture of a peaceful Vietnamese village, … [Read more...] about Ngòi Tu Village, an attractive destination by Thác Bà Lake

Sadio Mane has left Liverpool for German giants Bayern Munich. Photo courtesy of Bayern Munich FC Paul Kennedy It was with somewhat of a heavy heart this week that I watched Sadio Mane leave Liverpool and sign for Bayern Munich. The Senegalese striker has been brilliant for Jurgen Klopp’s team, arguable his best player over the past 12 months, and although I really didn’t want him to go, I wish him nothing but the best in the Bundesliga. It also marked the end of Liverpool’s famed three-pronged attack that has served them so well in the past. Mohammed Salah and Roberto Firmino remain at the Reds, for now at least, as Mane plies his trade elsewhere. He’s not the first big name to leave Liverpool, and he sure as hell won’t be the last, but maybe he should have given a little thought to those that have left before him, heading off to pastures new. We can start with Philippe Coutinho who in the January of 2018 swapped Anfield for the Camp Nou fulfilling his dream of playing … [Read more...] about The grass isn’t always greener

Dengue fever is entering its peak in Ho Chi Minh City this year, with the number of cases amounting to 2,181 just last week, up 38.5 percent from the prior four-week average, the city’s Center for Disease Control (HCDC) reported. The total includes 1,182 hospitalized cases and 999 outpatients, an increase of 25.9 percent and 57.1 percent, respectively, the HCDC said. The City Children’s Hospital received 74 child patients, including eight critical cases last week, while the corresponding figures at Children’s Hospitals 1 and 2 were 74 and 8, and 89 and 21, according to the Department of Health. The Ho Chi Minh City Hospital for Tropical Diseases treated 373 dengue fever cases in the same period, including 264 adults and 109 children, of which 45 were severe. From early this year until last week, the city documented 16,057 dengue cases, up 117.3 percent year on year. There have been nine deaths from the disease this year, a rise of seven compared to last year, Thanh Nien … [Read more...] about Ho Chi Minh City reports sharp rise in dengue fever cases

Processing Tra fish (Photo: VNA) HCM City (VNA) – Seafood shipments overseas have risen in the first half of 2022, and experts say Tra fish exports can increase the market share in the EU, while that of shrimp has a lot of room for growth in Canada. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), as of May, the value of frozen Tra fish exports to the EU this year reached 76.8 million USD, up 95% year-on-year. This means the market has bounced back after a two-year downturn due to the COVID-19 pandemic. The Netherlands remains the biggest market in the EU for the Vietnamese products, while positive signals are coming from the shipment of frozen Tra fish to Germany, Spain, and Belgium. In addition to the bloc, Vietnamese Tra fish exporters have also stepped up their activities in Mexico, Egypt and Thailand. As of mid-May, Vietnam exports shipped to Mexico are at 45.6 million USD, up 70% year-on-year. VASEP said the Mexican market … [Read more...] about Seafood export takes larger bite out of foreign markets