Tam, who buys pork in the south, said his exports to China have increased in the last two months, and fetch a margin of VND500,000-1 million ($21.55-43.1) per pig. "Prices are high in China because it stopped buying from the U.S." Nguyen Kim Doan, deputy chairman of the Dong Nai Breeding Association, said traders are selling Vietnamese pork to China because of the large gaps in prices in the two countries. Pork costs CNY26.67 ($3.74) in China and just VND50,000 ($2.16) in Vietnam, a 43 percent difference. China, the world’s top pork consuming nation, earlier this month canceled orders to buy 14,700 tonnes of U.S. pork as the trade war between the two largest economies continued. Industry insiders have forecast prices in China to increase by 70 percent from last year in the coming months. In Vietnam, they have risen by up to 28 percent to VND50,000 ($2.16) in the north and VND40,000 ($1.72) in the south since supply has been falling after African swine fever swept the … [Read more...] about Increasing pork prices in China a magnet for Vietnamese traders
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Should students use mobile phones in schools?
Illustration by Trịnh Lập By An Phương Though school regulations do not allow students to use mobile phones in classes, I’ve seen many cases, including my nephews, carrying smartphones and using them publicly in schools. Mobile phones, especially smartphones, have become an essential part of our daily lives. I can’t imagine going one day without touching my iPhone, as I need to make calls, reply to messages, draft emails, and scroll my social feeds. Of course, I’m already an adult. I first had my phone about 10 years ago when I was 16, and I felt okay with having it at that age. However, I believe that’s not the case these days as even my 10-year-old nephew has asked his father for a phone. That’s why when I noticed the topic of phones in schools, I had mixed feelings as to whether mobile phones are beneficial or distracting for students. I spoke with four people, two of them four or five years … [Read more...] about Should students use mobile phones in schools?
Projects in theory, raising prices in reality
In recent days, land prices have skyrocketed in many provinces, as investors are affected by uncertain news spread by real estate agents, convinced of a profitable outcome when they buy the lands near public structures that are planned to be built. Land prices in areas neighboring HCMC skyrocketed The Northwestern area of HCMC recently saw a rise in land prices, namely areas around district 12 and many areas along Highway 22. In particular, a front-street housing project called Shophouse project, announced by My Van Real Estate Company in An Suong crossroads, has seen the highest rate of VND103 million (US$4,402) a square meter. According to Sai Gon Giai Phong reporters, this development is merely due to the news that the construction of HCMC - Moc Bai (Tay Ninh province) Highway was discussed among the city’s leaders. On the Eastside of town, lands prices also rose sharply after words got out that a meeting was held between city officials to discuss the Cat Lai bridge project … [Read more...] about Projects in theory, raising prices in reality
Scarcity rockets up dragon fruit prices in Binh Thuan province
That is the highest price for the last one month after the price dropped to only VND1,000-2,000 a kilogram. Despite the price hike, there is not much for sale because the peak harvest crop has gone by. Ms. Nguyen Thi My from Ham Thuan Bac district said that a month ago, she had to throw away a ton of the fruit because of rock-bottom price and no consumption souce. Dragon fruit at a trader's warehouse in Binh Thuan province (Photo: SGGP) Binh Thuan Province Dragon Fruit Association said that supply shortage has rocketed the price. In addition, export maket has been advantageous. Still the association warned farmers against expanding farming area to prevent supply from exceeding demand. They should apply science and technology to improve product quality and productivity towards sustainable production. By NGUYEN TIEN – Translated by Hai Mien Tags: dragon fruit Binh Thuan province … [Read more...] about Scarcity rockets up dragon fruit prices in Binh Thuan province
Big projects blow up property prices in eastern HCMC
Projects around Nguyen Van Tang street, leading to Oncology Hospital, have been priced VND40-55 million a square meter. It swings from VND25-30 million a square meter in small alleys nearby. Symbio Garden housing and health service project in front of the hospital have fully been booked by investors and customers with the price reaching VND60-80 million a square meter. Mr. Binh, a property broker, said that Symbio Garden is the only project surrounding the hospital area, so many customers especially business people in the health field has purchased land plots there to open drugstore and private-owned clinics. The real estate market in the eastern area has been noisier than before after Vingroup announced VinCity Grand Park and started site clearance in Nguyen Xien and Phuoc Thien streets, Long Binh and Long Thanh ward. The 365 hectare project has been advertised to comprise apartment blocks, housing area, public works and park, Vinmec hospital, Vinschool, spa and gym club … [Read more...] about Big projects blow up property prices in eastern HCMC