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Catfish farmers and exporters experienced a tough 2019 year as the export markets were gloomy and the catfish prices fell sharply. By the end of November 2019, Vietnam’s catfish still could not escape the minus growth rate compared with the same period of 2018. According to Thien, this was foreseen two years ago. As the catfish prices escalated, farmers rushed to farm catfish. Some farmers even doubled their farming areas, thus leading to the oversupply. … [Read more...] about Catfish firms seek to exploit domestic market

After continuous declines in the first months of the year, shrimp exports began to recover in July with an increase of 13.4 per cent and reached $334 million. Enterprises boosted sales to all major markets. Exports to the US increased by 37 per cent, China 48 per cent, and Australia 56 per cent. In particular, the average export price to the US decreased by $1.1 per kilo over the same period last year. … [Read more...] about Overview of Vietnam’s seafood export in July

The Korean community, leading the group of serviced apartment tenants, has changed demand from renting serviced apartments at projects to apartments that are bought by the individual investors to rent. Many of them even decided to buy apartments or houses in Viet Nam, she said. That has impacted the occupancy in the serviced apartment market. … [Read more...] about Serviced apartments face fierce competition in Hanoi market

Menh's company alone has about 400 staff living in three separate dorms. Due to the distance between dorms, all of the staff can not gather in one place. Every year the three dorms choose one day to celebrate New Year together through an online livestream. … [Read more...] about Overseas Vietnamese feel Tet’s warmth far from home

Tran Van Tai, director of the Maritime Administration of Kien Giang, said due to the effect of the tropical depression, the seas off Phu Quoc in Kien Giang Province will face heavy rains, strong winds and waves. … [Read more...] about Boat services to Phu Quoc suspended due to strong winds