Mekong delta tour

Mr. Quach Van Ngoan, a farmer in Long Binh Commune in Long My Town in Hau Giang Province, said that his family has 4,000 square meters of rice. He finished harvesting and already sold all his paddy more than 10 days ago for VND5,200 per kilogram as farmers needed money to cover necessary expenses and daily expenses.  Farmers in the Mekong Delta have mostly finished harvesting the winter-spring rice crop. Most farmers harvested and sold paddy when the prices were at high levels. Currently, paddy is in warehouses of export enterprises, rice mills, and traders. Enterprises need to export rice in a certain volume. In the past weeks, arguments were raised on social networks and some media on keeping or suspending the export of rice. It is important to consider and calculate the volume and time of export. According to a report by the Vietnam Food Association, by March 27 this year, the total amount of undelivered signed contracts was nearly 1.6 million tons of rice. Of which, the … [Read more...] about Mekong Delta provinces expect good summer-autumn rice crop

Accordingly, An Giang Province has asked for permission to prioritize the export of glutinous rice and Japonia rice varieties. Currently, farmers in An Giang Province sow more than 115,000 hectares of glutinous rice annually, equivalent to 747,500 tons of glutinous paddy, and around 10,000 hectares of round-grain paddy with a production of 75,000 tons per year. The goal of producing these two aforesaid products is mainly for export, not for domestic consumption and in the past years, farmers and enterprises have connected and established an effective value chain from production to consumption. Besides, the province has also asked to carry out existing export contracts, of which, giving priority to exporting early the amount of rice that already made or is in the process of making customs declarations and is jammed at ports, along with the amount of rice that has been contracted until the end of this year to help enterprises not to violate the contracts, reducing losses and … [Read more...] about An Giang Province asks for permission to export rice

In a report recently submitted to the National Assembly Committee on Social Affairs, the association outlines their prediction that between 60% and 80% of its firms will move to temporarily suspend operations by the middle of April, therefore affecting 800,000 workers. This massive number of layoffs could increase to 1.2 million by the end of April if all businesses cease operations. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 7

Others include seven patients who were confirmed infected after flying from overseas. "Patient 21" is a 61-year-old man who flew in from the U.K. to Vietnam on March 2 and confirmed positive on March 8; "Patient 72" is a 25-year-old French woman flying to Hanoi on March 9 and confirmed positive on March 18; "Patient 84" is a 21-year-old man in Hanoi flying back from the U.K. on March 18 and confirmed positive on March 19; "Patient 111" is a 25-year-old woman from northern Nam Dinh Province, flying from from France to Hanoi on March 18 and was confirmed positive on March 22; "Patient 136" is a 23-year-old Hanoi woman flying from the U.S. on March 16 and confirmed positive on March 25; "Patient 137" is a 36-year-old man flying from Germany to Hanoi on March 15 and confirmed positive on March 25; and "Patient 222" is a 28-year-old Hanoi woman flying from the U.S. on March 20 and confirmed positive on April 2. … [Read more...] about 27 more Covid-19 patients recover in Vietnam

Hanoi (VNS/VNA) - Despite being slow, credit growth of the banking system in March recovered compared with the first two months of this year. The State Bank of Vietnam (SBV) reported credit growth in the first quarter of this year reached 1.1 percent, slowing significantly against the 2.28 percent rate in the same period last year, due to adverse impacts of the COVID-19 epidemic. However, the credit growth last month rebounded compared with the first two months of this year, when it was only 0.06 percent, the lowest level in the past six years. Nguyen Quoc Hung, director of the SBV’s Credit Department, said compared with the first two months of the year, the economy now has better access to credit. The credit has begun to recover, Hung said, expecting that a higher growth rate would be seen this week. Besides State-owned banks, many private banks have recently offered credit packages with preferential interest rates to support firms and individuals that have been affected by … [Read more...] about Bank credit growth recovers partly in March