Top 10 export products of the philippines

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

Ranked as Korea's best romance film of 2019, CRAZY ROMANCE, a romantic comedy film produced by the Group's indirect wholly-owned subsidiary, Zip Cinema, surpassed the 2 million audience markSince its first day of wide release on 2 October 2019 in Korea, CRAZY ROMANCE, which broke even within eight days, grossed US$14.8 million in box office revenue and recorded a total of 2,046,847 tickets as of 13 October 2019 The romantic comedy film was exported to 22 countries including Singapore, Malaysia, Vietnam, Cambodia, Taiwan, Philippines, Hong Kong, Macau, Australia and New Zealand SINGAPORE - Media OutReach - 14 October 2019 -Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), wishes to announce that the Group's new film, CRAZY ROMANCE, a romantic comedy film produced by the Group's indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. ("Zip Cinema"), surpassed the 2 million … [Read more...] about Spackman Entertainment Group’s New Film, CRAZY ROMANCE, Produced by Zip Cinema, Crosses The 2 Million Audience Mark at The Korean Box Office

Promoting cultural heritage values while developing tourism Thai Nguyen province is home to 17 intangible culture heritages. Local authorities and ethnic minority groups are exerting efforts to promote heritage values in combination with tourism development. The San Chay people of Phú Lương district traditionally celebrate Spring with the Tắc Xình dance. In 2018, the Tac Xinh dance was recognized as national Intangible Cultural Heritage by the Ministry of Culture, Sports and Tourisms. To uphold the cultural values of the heritage, Thai Nguyen’s provincial culture and tourism sector have taken measures to introduce the dance to visitors through festivals, turning it into an attractive tourism product. Currently in Thai Nguyen province, there are more than 800 historical and scenic sites, along with 17 intangible cultural heritage elements at a national level. Many of which have become tourist attraction, contributing to promoting their values such as the … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 14

Mekong Delta, HCMC warned of tidal flooding in lowland, riverside areas The Southern Regional Hydrometeorological Center has warned the Mekong Delta and Ho Chi Minh City of flooding in lowland and riverside areas as a high tide is forecast to occur and reach its peak in the next couple of days. According to the center, water level in the Saigon and Dong Nai rivers on October 12 highly increased. It is predicted to continue surging in the next few days. The peak of the high tide might occur on October 15-16, the 17th and 18th day of the ninth lunar month. The National Hydro Meteorological Forecasting Center also issued the same warning, saying that the water level in the Mekong and Saigon Rivers will reach alarming levels 2-3 under influence of the high tide. Low lying and riverside areas in HCMC and the Mekong Delta might be flooded. In the meantime, the meteorological station in Can Tho city said that tide level in canals in the city will continue moving up to reach 1.95-2 meters and … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 15

Looking ahead, Vietnam will benefit from positive trade diversion effects, albeit at a lower momentum, as well as healthy domestic demand and solid foreign direct investment (FDI) inflows that will support investment. Overall economic growth across the region in the first half of 2019 slowed to 4 per cent on the year compared to the 4.5 per cent in the second half of 2018. This is the result of spillovers from the US-China trade war, slower Chinese domestic demand, and a downturn in the global electronics cycle. Indeed, only Vietnam and Malaysia have outperformed the region, reflecting a more modest deceleration in export growth and resilient domestic demand. Meanwhile, slower export momentum weighed heavily on the growth of trade-dependent economies such as Singapore, Thailand, and the Philippines. Sian Fenner, ICAEW economic advisor and Oxford Economics Lead Asia economist, said, “Amid ongoing global headwinds and uncertainty around the outcome of US-China trade talks, we … [Read more...] about Vietnam set to outperform Southeast Asia in 2019 GDP growth