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The country’s exports of cement and clinker bore out respective increases of 121% in volume and 112% in value compared to the same period last year, reaching 2.9 million tons, valued at US$101.12 million. The export price of cement and clinker in January dropped by 4.6% against December 2017, to an average of US$34.8 per ton. Bangladesh remains the largest of the 12 major consumers of Vietnam’s cement and clinker products, accounting for 31.3% of the country’s total exports, trailed by the Philippines. Cement and clinker exports to nearly all foreign markets in January witnessed a rise against last year’s corresponding period.  Especially, exports to Taiwanese market increased remarkably with a 545.6% rise over the reviewed period comprising 161,407 tons valued at US$4.88 million. … [Read more...] about Sharp rise in January exports of cement and clinker

How about the first time you went to a supermarket in your new country overseas only to discover a favourite food item had a price tag that nearly knocked you off your feet? Or you visited accommodation while apartment hunting that was expensive yet missing what you consider to be basic features? When we move abroad we have to decide which toys, trinkets, and habits we’ll keep in our adoptive country and which we’ll let go. I recently wrote an article about the cost of living for an expat retiree in Vietnam and discovered during research that I was spending money on things out of habit, not need, and that I could save a fair amount by tweaking priorities:  How much does it cost an expat retiree to live in Vietnam? - Tuoi Tre... Part of that exercise was a sanity check on where money was going because the cost structure is quite different in Vietnam, so simply converting prices from a foreign currency to Vietnamese dong (VND) only tells part of the story. Some … [Read more...] about Out of sight…

An overview of Panomax River Villa project in HCM City's District 7 (Source: panomaxrivervilla.net) Hanoi (VNS/VNA) - Thanh Thanh Cong Investment JSC is to buy more than 16 million shares of Sai Gon Thuong Tin Real Estate JSC (SCR), equivalent to 4.7 percent of the company’s outstanding shares. The transaction is scheduled from December 5 to December 31. Thanh Thanh Cong said the company is expected to spend 100 billion VND (4.3 million USD) for the acquisition. On the stock market, SCR shares price has plunged to the bottom of the last three years since 2016.  Since earlier this year, SCR shares have been traded with stable liquidity with an average of 2.8 million shares matched during each session. The figure for the nearest 10 sessions is 3.2 million shares matched per day. In the first nine months of this year, SCR saw an increase of 50 percent in post-tax profit, reaching 304 billion VND, fulfilling 95 percent of the yearly plan. In the last quarter of this … [Read more...] about Thanh Thanh Cong Investment to buy 16 mln shares of Sai Gon Thuong Tin Real Estate

The fair will be held from Friday to Sunday of the last week of each month at the Ha Long Big C commercial centre in Ha Long City. The event will feature 35 booths run by local firms, cooperatives and units involved in the OCOP program, highlighting products already recognized by the program. Monthly fairs for agricultural products under the One Commune, One Product (OCOP) program will be organised in Quang Ninh this year. Photo: halongtourism.com.vn The provincial People’s Committee said the move aims at increasing recognition of local products among residents in the province and visitors, thus assisting with the development of the program. The OCOP program was initiated by the Ministry of Agriculture and Rural Development in 2008. Quang Ninh was the first locality nationwide to implement the project from 2013. Concluding the first stage from 2013-2016, Quang Ninh developed 210 OCOP products, including 99 meeting 3-5 star standards. More than 180 economic … [Read more...] about Quang Ninh plans One Commune, One Product fairs

The air quality in the last six days of November was poor, with the index exceeding the permitted levels. According to the Hanoi Environment Protection Sub-department, at 10 am on the last day of November, the air quality index (AQI) at the monitoring station on Pham Van Dong street was 172. The AQI was 173 at the French Embassy on Ba Trieu street, 182 at the US Embassy on Lang Ha Road and 177 on Hang Dau street. The air quality in the last six days of November was poor, with the index exceeding the permitted levels. In Cau Giay populous district, the sky was dark at 8-10 am. And before that, on the night of November 30, on Xa Dan, Nguyen Trai and Belt Road No 3, the street lights were a blurry red. Fine dust in the air may not be visible during the day, but at night it is visible through change of the color of the streetlight system. Chi Mai Air pollution in Hanoi worsens as residents burn straw, fabrics The air quality in Hanoi is becoming worse than usual. In suburban … [Read more...] about Hanoians worried as air quality has become poor year-round