Facilities of PetroVietnam Gas JSC (GAS). GAS increased by 4.5 per cent last week. — Photo pvgas.com.vn HÀ NỘI — Although the rally in recent sessions was quite positive, with the temporary cautious state of cash flow, it is likely that the market will need a step back to re-test supply and demand, said brokerages. The VN-Index on the Hồ Chí Minh Stock Exchange declined 0.07 per cent to close the week at 1.240,71 points. The index had risen 4.9 per cent last week. An average of 547.2 million shares were traded on the southern exchange during each session last week, worth VNĐ13.6 trillion (US$587 million). “Markets ended the last session of the week in a state of hesitation below the reference level. After a strong reversal on May 17, selling pressure at the end of the session still took place on the low base,” said VDSC Securities Co. “Movements in industry groups are also diverging. The caution is still covering investors’ sentiment. Therefore, it is likely that the … [Read more...] about Shares to correct further on cautious sentiment of investors
Japanese dried fish flakes
Vietnam’s seafood exports to EU going swimmingly well
Vietnam’s seafood exports to the EU are expected to increase sharply in 2022 Preferential fishery product tariffs The EVFTA, which took effect on August 1, 2020, has provided great opportunities for Vietnam’s seafood exports to the EU thanks to a series of commitments on preferential tariffs. Under the EVFTA, among about 220 tariff lines of fishery products with rates ranging from zero percent to 22 percent, most tariff lines in the high range of 6-22 percent were reduced to zero percent immediately after the trade deal took effect. The remaining tax lines will be phased out to zero after 3-7 years. Shrimp is a major export benefitting from the new tariff scheme’s zero-percent tax rate for 3-5 years, while tariffs on frozen tra fish have been reduced to zero percent for three years. Other seafood, such as oysters, scallops and octopus, also enjoy zero-percent tax rate. In addition, the Russia-Ukraine war and sanctions imposed on Russia have offered Vietnam with … [Read more...] about Vietnam’s seafood exports to EU going swimmingly well
Coast Guard Region 3 supports local fishermen
Accordingly, the command and relevant organizations held meaningful activities to help islanders and fishermen in the district. On May 21, a delegation of the Coast Guard Region 3 Command disseminated information about Vietnamese sea and islands, and Laws on Vietnam Coast Guard, and Drug Prevention and Control and other legal documents related to Vietnam’s sea and islands. In addition, participants were also equipped with information about illegal, unreported and unregulated (IUU) fishing. In Long Dien town of Long Dien district, the troops, in coordination with local youths, cleaned the environment and collected waste along the beach. In the framework of the program, the delegation visited and presented 100 gifts to policy households and 200 gifts to needy fishermen, worth VND 1 million each, while handing over national flags, medicines, raincoats ... to poor people in the locality. The command also worked with Hung Vuong Hospital and District No.2 Hospital in Ho Chi Minh City … [Read more...] about Coast Guard Region 3 supports local fishermen
Sheraton Saigon Hotel & Towers debuts Li Bai’s handcrafted authentic Dragon Boat Dumplings
Sheraton Saigon Hotel & Towers debuts Li Bai’s handcrafted authentic Dragon Boat Dumplings Diners can choose their favourite flavour with five selections of fillings: from traditional versions with pork and chicken filing to premium products with dried scallop and abalone, and the mushroom with assorted nuts filling. Li Bai’s Dragon Boat Dumpling is packaged in an octagonal box design which makes it easy for guests to gift their family, friends, and colleagues. Dragon Boat Dumplings, also known as Zongzi, are a classic food often eaten for celebrating Dragon Boat Festival, especially among the Chinese communities in Vietnam. The original version has a bold taste with cooked glutinous rice and peanuts, stuffed with seasoned pork belly, salted fried shrimp, fatty Chinese sausage and egg yolk, fresh shiitake mushroom, and nutty lotus seed. On the occasion of this special debut, Li Bai presents the dumplings in premium versions handcrafted by skilled chefs with over 40 years … [Read more...] about Sheraton Saigon Hotel & Towers debuts Li Bai’s handcrafted authentic Dragon Boat Dumplings
Bình Thuận Province boosts agriculture with irrigation works
The Lòng Sông reservoir in Tuy Phong District is one of the major irrigation works in Bình Thuận Province. — VNA/VNS Photo Nguyễn Thanh BÌNH THUẬN — Irrigation works built in recent years has helped Bình Thuận Province sustainably develop agriculture and improve people’s lives. The south-central province is one of the country’s driest and has inclement weather and little rainfall. Most farming areas face a shortage of water in the dry season and farmers used to grow only one rice crop a year. To mitigate the water shortage, the province built many irrigation works in the past years, and this is enabling rice farmers to grow more crops every year and get better yields. The Sông Quao reservoir in Hàm Thuận Bắc District was one of the first irrigation works, with construction beginning in 1988 and taking 10 years due to the difficult conditions and weather. The reservoir irrigates 11,000ha of farmland and supplies another 25,000cu.m to households in Phan Thiết City every day, … [Read more...] about Bình Thuận Province boosts agriculture with irrigation works
Hội An sampan riders: the hardships and the smiles
Sampan riding on the Hoài River is one of the most popular tourist activities in Hội An City. Sampan riders in the ancient city are eager to get back to work after more than two years of suspension due to COVID-19. — VNS Photo Bảo Hoa QUẢNG NAM — Entering a new normal phase after more than two years of being hit hard by the COVID-19 pandemic, sampan riders in Hội An City are eager to get back to work, expecting prosperous, stable tourism development for the town. The main riverside walk in Hội An in the central province of Quảng Nam – one of the most beautiful cities in Việt Nam – is usually packed with sampans, which tourists can hire for about VNĐ50,000 per hour for a small one and VNĐ100,000 for a bigger one. Sampans are long and low boats with a wooden hull that two to four people can sit on comfortably. They are used as taxis, fishing boats and for tourism. Nguyễn Thị Nhánh, a sampan rider, said that over months, Hội An had become more and more crowded with visitors … [Read more...] about Hội An sampan riders: the hardships and the smiles