With this price, Mekong breeders have earned high profits at VND 11,000 per kg. Mr. Nguyen Thanh Hung in Can Tho City said he is raising 300 tons of tra fish but he does not plan to sell; he continues to wait for higher prices. Reports from the Mekong Delta provinces showed that in 2018 some 4,000 hectares of tra fish have been raising. Of these, some 3,000 hectares of tra fish (equal to one million tons) have been harvested. It is predicted that the price of tra fish will continue to increase in the end of the year. CAO PHONG –Translated by Thi Quy … [Read more...] about Tra fish prices increase to record high
When will uranium price increase
Fuel prices increase though traders further tap stabilization fundBy Tam An A staffer of a gas station in HCMC reﬁlls a motorcycle - PHOTO: THANH HOA HCMC – Petrol and oil prices on the local market were marked up on September 6, despite the use of the price stabilization fund, according to a statement jointly issued by the Ministry of Industry and Trade and the Ministry of Finance. Under the statement, the two ministries allow fuel traders to raise the price of RON95-III and E5 RON92 gasoline by VND300 per liter to VND21,470 per liter and VND19,910 per liter, respectively. The price of diesel oil 0.05S increased by VND383 per liter to VND18,069 per liter, while kerosene and heavy fuel oil 3.5S are now priced at a maximum of VND16,559 per liter and VND14,916 per kilogram, respectively. Retailers are allowed to tap VND1,563 from the price stabilization fund for each liter of E5 RON92 sold and VND960 for each liter of RON95 gasoline. For diesel oil and kerosene, … [Read more...] about Fuel prices increase though traders further tap stabilization fund
Vietnam’s e-commerce websites are still receiving heavy investment to develop despite big losses, but when will these projects stop losing? The Vietnamese e-commerce market is one of the leading markets in the region for investment. According to Nielsen, the annual growth speed of the e-commerce market is 22% and is expected to hit US$10 billion in annual revenue by 2022 from the current US$4 billion. The Vietnamese e-commerce market shows huge potential for development and receives great attention from new investors. In a recent report by Topica Founder Institute, e-commerce attracted US$83 million of foreign investment through 21 deals. Startup SEA (used to be Garena, which was termed as a unicorn in Asia), ranked first among investors pouring capital into Vietnamese startups in 2017. SEA spent US$64 million acquiring 82% of the shares in Foody, a food delivery website and app. CyberAgent Ventures, a Japanese venture investment fund, continues its activities in Vietnam. In … [Read more...] about When will Vietnam’s e-commerce players stop “burning money”?
As per announcement, the prices of E5 RON 92 increased by VND 508 per litter to reach VND 19,440 per litter; RON 95-III rose VND 411 per litter to VND 20,911 per litter; Diesel 0.05S up VND 373 per litter to VND 15,917 per litter; Mazut up VND 399 per kg to VND 13,759 per kg, respectively. According to inter-ministries’ requirement, the use of the stabilization fund for petro was remained unchanged including E5 RON 92 was VND 958 per litter and RON 95 remained around VND 451 per litter, while Diesel was VND 200 per liter. HA MY –Translated by Ha Van Tags: petrol price increases RON 92 95 diesel mazut … [Read more...] about Petrol price increases
VietNamNet Bridge - Input material prices have decreased, but the price of animal feed remains unchanged, and, as a result, breeders have incurred heavy losses as the live pork price has dropped dramatically. She said she incurred a loss of VND1 million for every 100 kilo pig sold. “The money I get from selling pigs is not enough to pay for feed,” she said. “Some years ago, when the pork price increased, the animal feed price also increased rapidly. Now, though the pork price decreases, the feed price stays unchanged.” Farmers in Dong Nai province remember that the pork price began increasing in mid-2014. At that time, Emivest Vietnam raised the feed price by VND7,500 per 25-kilo bag of feed, or VND300 per kilo. Since then, the pork and animal feed prices had been increasing until mid-2016. And so had the price of veterinary medicine. However, though the pork prices have dropped dramatically, nothing has happened with animal feed. Input material prices … [Read more...] about High feed prices cut into animal husbandry’s profits