Summer escapes pool

Despite a hike on export turnover, the average export price drops 9.6% in the first seven months of 2022. Illustration. (Photo: VNA) Hanoi (VNA) – Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over 1.99 billion USD, up 17.3% and 6%, respectively, against the same period last year, customs data shows. Despite a hike on export turnover, the average export price dropped 9.6% during the period to 488.9 USD per tonne. It is likely that rice prices will not increase in the coming time as a result of low demand and abundant supply from major exporters. Generally, the market is currently weak, with low purchasing power, said Nguyen Van Don, Director of Viet Hung Co., Ltd, a food exporter based in the Mekong Delta province of Tien Giang. Since the start of this year, Vietnam mostly exported to the Philippines while shipments to China declined significantly. Exports to other markets, though stable, remained small, he … [Read more...] about Rice exports up but prices down in seven months

The group of Vietnamese who escaped Cambodia . (Photo courtesy of An Giang Border Guard) An Giang (VNA) - Forty Vietnamese nationals were arrested by An Giang Border Guards on August 18 morning after illegally entering Vietnam from Cambodia. According to their testimony, a total of 42 people tried to escape from a casino in Sampeou Poun commune, Kaoh Thom district, Kandal province in Cambodia and swam across Binh Ghi River to return to Vietnam. They said they had previously fled to Cambodia to work at a casino. Their job was to make online games and go to social media websites at the instruction of the people at the casino but they were constantly forced to work overtime without any payment. According to Major Le Ngoc Tuan from Long Binh Border Guard Station, the group comprised 35 men and five women, whose identities have not been verified. Some have sustained minor injuries. One person is missing and another 16-year-old male from Kon Tum province was caught by … [Read more...] about 40 Vietnamese arrested at border after fleeing forced labour in Cambodia

Illustrative image (Source: VNA) Bac Ninh (VNA) – Many farmer households in the northern province of Bac Ninh have benefited from soft loans to develop their production and increase income thanks to the support from the provincial Fund for Farmer Support. The family of Nguyen Van Dinh in Long Chau commune, Yen Phong district is among households accessing capital from the fund and successfully improve their economic production . Already having land and labourers, but Dinh’s family did not have capital for production. In 2019, after receiving a loan of 100 million VND (4,273 USD) from the fund, the family invested in raising ducks and goats as well as fish. Currently, each year, Dinh’s family sells 10,000 ducks and 300 goats, earning billions of VND. Dinh said that although the loan was not too big, it was of great help to his family at that time, enabling him to buy equipment for his duck and goat farm. So far, Dinh has paid off the loan and contributed to the fund with … [Read more...] about Farmer Support Fund works as lever for economic development in Bac Ninh

Since Vietnam officially declared the COVID-19 pandemic under control earlier this year, foreign enclaves in Ho Chi Minh City have, once again, begun to bustle, with old stores resuming their operations and new shops opening every day in commercial spaces that sat unoccupied for months on end. Once Vietnam dropped its on-arrival COVID-19 testing requirement for foreign travelers and reopened its international air routes in mid-May, the number of foreigners entering the country began to increase, paving the way for foreign enclaves in Ho Chi Minh City to return to their pre-pandemic life. In Tan Phong Ward, District 7, home to a significant portion of the South Korean community in Ho Chi Minh City, many stores that shut down between late 2020 and early 2022 are once again open for business, and new shops are moving into commercial spaces that have sat empty for months. Kim Yong Min, a South Korean national living in District 7, shared that his eyeglasses stores, which mainly … [Read more...] about Ho Chi Minh City’s foreign enclaves settle into ‘new normal’