According to the Department of Agriculture and Rural Development of Cu Lao Dung District’s statistics, from 2006 to 2010, sugar cane was grown in 8,500 hectares. However, because sugar prices have been not competitive leading to plummeting sugar cane prices. Farmers have thought about growing other trees. … [Read more...] about Farmers in sugar cane islet switch to grow fruits, breed fishes
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For many years, Dong Mon’s ‘Ca Tru’ club has discovered, trained, and brought to fame dozens of young Ca Tru singers, while rekindling the passion for Ca Tru singing among young villagers. Do Thi Yen and Nguyen Kim Ngan, students of the Hoa Binh 2 elementary school, say they always look forward to the village’s Ca Tru classes every Saturday afternoon. … [Read more...] about Northern village helps make unique folk singing thrive again
Aeon Mall provides free hand sanitiser for customers at the entrance. Nguyen Van Trung of Gia Lam district says he follows strict measures to fight against the COVID-19 epidemic such as wearing a face mask in public and washing hands regularly so the epidemic won’t impact his daily life much. He suggests that local people should not be so worried about the epidemic as long as they ensure they remain hygienic. … [Read more...] about Hustle and bustle returns to Hanoi after impact of COVID-19
However, while Vietnam’s gross domestic product (GDP) reached more than 7% last year, the highest official interest rate for less than six-month deposits was only 5%, way lower than the economic growth. Deposits of six months or longer terms was not much higher, only 6 – 7%. That means bank deposits were far less attractive. Basically, an investment channel becomes luring only when its rate of return is higher or at least equal to the GDP growth. Otherwise, the growth rate of the assets in question may be lower than the growth of the economy. … [Read more...] about The best investment channel, again?
Chinese tourists accounted for about 30% of the total number of international visitors to Vietnam in 2019. Therefore, the suspension of visa issuance for Chinese tourists will definitely hit tourism. Further, the present time is the peak of spring travel and festivals of domestic tourists; so the epidemic will deal a hard blow to these activities. Of note, these are seasonal activities, and can hardly be offset in the coming months, even when the epidemic is out. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 23