Textile garment exports

The country’s exports of cement and clinker bore out respective increases of 121% in volume and 112% in value compared to the same period last year, reaching 2.9 million tons, valued at US$101.12 million. The export price of cement and clinker in January dropped by 4.6% against December 2017, to an average of US$34.8 per ton. Bangladesh remains the largest of the 12 major consumers of Vietnam’s cement and clinker products, accounting for 31.3% of the country’s total exports, trailed by the Philippines. Cement and clinker exports to nearly all foreign markets in January witnessed a rise against last year’s corresponding period.  Especially, exports to Taiwanese market increased remarkably with a 545.6% rise over the reviewed period comprising 161,407 tons valued at US$4.88 million. … [Read more...] about Sharp rise in January exports of cement and clinker

According to the Viet Nam Association of Seafood Exporters and Producers, the tra fish sector faces competition grom China, India, Indonesia and Bangladesh who each represent around 15-20 per cent of global production. — VNS Photo kinhtenongthon.vn Viet Nam’s fisheries exports are unlikely to meet the US$10 billion target set by the Government for this year because of the multiple challenges like the US-China trade war, lack of demand and increasing competition. In the first 10 months of the year, exports were worth only $7.09 billion, down 2 per cent from the same period last year, as the prices of major export items like catfish and shrimp fell, Truong Dinh Hoe, secretary general of the Viet Nam Association of Seafood Exporters and Producers (VASEP), told a recent conference in Can Tho City. Viet Nam has this year set targets of achieving $4.2 billion in shrimp export value and $2.3 billion in tra fish export value, which accounts for nearly 38 per cent of the country's … [Read more...] about Viet Nam to fall short of fisheries export target

  A design by Diego Cortizas of Chula. — Photos courtesy of N Group Media HÀ NỘI — As many as 100 child models will hit the catwalk at the Việt Nam International Fashion & Beauty Festival (VIFBF). The show takes place between December 11-15 at the International Centre of Exhibition, 91 Trần Hưng Đạo Street, Hà Nội. Designer Lê Trần Đắc Ngọc, a member of the organising board, revealed at a recent press conference that many famous brands and fashion designers from Germany, Spain, China, Indonesia, Philippines, South Korea and Việt Nam will display their creations. “It’s estimated that more than 200 booths featuring beauty and fashion products will be set up attracting about 20,000 visitors,” he said. With the theme “Inspiration of fashion and beauty of the times”, the festival will be the biggest event in the country featuring beauty and … [Read more...] about Int’l Fashion&Beauty Festival to star 100 child models

Chairwoman of the National Assembly Nguyen Thi Kim Ngan leaves Hanoi on December 8 for official visits to Russia and Belarus. (Photo: VNA)   Hanoi (VNA) – Chairwoman of the National Assembly Nguyen Thi Kim Ngan and a high-ranking delegation of the Vietnamese NA left Hanoi on December 8 for official visits to Russia and Belarus. Her visit to Russia is made from December 8 – 11 at the invitation of Chairwoman of the Federation Council V. Matviyenko and Chairman of the State Duma of Russia V. Volodin. She will visit Belarus from December 12 – 14 at the invitation of Chairman of the Council of the National Assembly Mikhail Myasnikovich and Chairman of the House of Representatives of the National Assembly Vladimir Andreichenko. She is being accompanied by Deputy Prime Minister Vuong Dinh Hue and Vice Chairman of the National Assembly Uong Chu Luu, among other senior officials. They are Ngan’s first visits to Russia and Belarus as a NA Chairwoman, which are … [Read more...] about NA Chairwoman leaves Hanoi for Russia, Belarus visits

An overview of Panomax River Villa project in HCM City's District 7 (Source: panomaxrivervilla.net) Hanoi (VNS/VNA) - Thanh Thanh Cong Investment JSC is to buy more than 16 million shares of Sai Gon Thuong Tin Real Estate JSC (SCR), equivalent to 4.7 percent of the company’s outstanding shares. The transaction is scheduled from December 5 to December 31. Thanh Thanh Cong said the company is expected to spend 100 billion VND (4.3 million USD) for the acquisition. On the stock market, SCR shares price has plunged to the bottom of the last three years since 2016.  Since earlier this year, SCR shares have been traded with stable liquidity with an average of 2.8 million shares matched during each session. The figure for the nearest 10 sessions is 3.2 million shares matched per day. In the first nine months of this year, SCR saw an increase of 50 percent in post-tax profit, reaching 304 billion VND, fulfilling 95 percent of the yearly plan. In the last quarter of this … [Read more...] about Thanh Thanh Cong Investment to buy 16 mln shares of Sai Gon Thuong Tin Real Estate