Export value skyrockets over Lunar New Year Vietnam's export turnover during this Lunar New Year saw breakthrough growth, occupying nearly half of the total export-import turnover. The latest data published by the General Department of Vietnam Customs showed that export volume over the seven days (February 10-16) of the Lunar New Year holiday reached $730 million, rising 79 per cent on-year and accounting for about 44 per cent of the $1.67 billion export-import turnover. The main export articles include mobile devices and components valued at $332 million; computer and electronic products worth $251 million. The two categories accounted for 80 per cent of the total export value. This Lunar New Year saw exports going to 80 markets, seven more than last year. China continues to be the leading export market with a value of $189 million (26 per cent). Following are the US ($152 million), South Korea ($67 million), and Hong Kong ($57 million). According to statistics from the … [Read more...] about VIETNAM BUSINESS NEWS FEB. 28
End of support for xp
Investors should temporarily observe the movement of money flow in the next sessions to re-assess the state of the market. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The local market is forecast to move sideways with a strong divergence among stocks this week, with large-caps accumulating to enter a positive trend, analysts said. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.26 per cent to close Friday at 1,168.47 points. It declined by 0.43 per cent last week. An average of 579.2 million shares were traded on the southern exchange each session last week, worth VND14.8 trillion (US$641.3 million). “This week, the market is forecast to see cumulative and sideways movements with alternating up and down sessions,” said a stock analyst at Bảo Việt Securities Co (BVSC). “The index is likely to challenge the resistance zone at 1,175-1,185 points in the first sessions of next week. This shall put shaking and correcting pressure on the market when … [Read more...] about Market set for up and down week
The Hanoitimes - Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry. The administration upgrading has made Phu Quoc the first island city in Vietnam, opening up an era for the locality equal in size to Singapore. The tourism-based island city is destination for upcoming real estate investment. Photo: Kiengiangtravel The move is considered a momentum for the island that is well-known for tourism, creating favorable conditions for the mushrooming of real estate projects, local experts have predicted. It triggers a question on how Phu Quoc’s real estate attractive to investors. The expertise might offer a broader view of the potential there. Dang Phuong Hang, managing director, CBRE Vietnam, said that real estate ecosystem models like hospitality will match the tourism-based island. The development of tourism will support the growth of three-pillar model namely hospitality real estate, entertainment, and high-end … [Read more...] about What makes Phu Quoc’s real estate attractive to investors?
According to the Vietnam Institute of Seas and Islands under the Ministry of Natural Resources and Environment (MoNRE), plastic waste accounts for between 50% and 80% of marine waste. Currently, Vietnam is ranked fourth among the five countries which have the biggest volume of plastic waste in their seas, with a volume of between 0.28 and 0.73 million tonnes per year (equivalent to around 6% of the world's total plastic waste discharged into the sea). According to the experts, the main sources of pollution related to marine plastic waste in Vietnam include land-based waste sources and marine-based waste sources from activities such shipping, fishing, natural incidents, floating trash at sea and other activities. On the other hand, over recent years, the marine tourism industry has developed strongly, attracting hundreds of millions of domestic and foreign tourists each year. Thus, the volume of plastic waste discharged by tourists to Vietnam's marine tourism areas is forecasted to be … [Read more...] about For a non-plastic waste marine environment
>>> Hopes raised for conservation of world’s rarest turtle in Vietnam >>> New individual of world’s rarest turtle found in Hanoi The Hanoi Department of Agriculture and Rural Development, in collaboration with the Asian Turtle Program (ATP) of Indo-Myanmar Conservation (IMC) and the Wildlife Conservation Society (WCS) have made dramatic progress to possibly prevent the extinction of the Swinhoe’s Softshell Turtle. At a Hanoi workshop last week, scientists revealed that genetic testing has confirmed a female turtle captured last October in Dong Mo Lake in suburban Hanoi is definitively a Swinhoe’s Softshell Turtle. This confirmation means that in addition to the one known male Swinhoe’s Softshell Turtle at Suzhou Zoo in China, there is now the female captured in Dong Mo Lake. Authorities believe there is at least one more of these turtles in Dong Mo Lake and yet another in nearby Xuan Khanh Lake. Conservationists hope to at least to capture and … [Read more...] about World’s most endangered turtle finds new hope in Vietnam