2020 lunar new year

Deputy Minister of Agriculture and Rural Development Phung Duc Tien The price of pork is expected to increase in the last months of 2019 and before Tet (Lunar New Year) in 2020 because African swine fever has caused the supply of pork to drop. Deputy Minister of Agriculture and Rural Development Phung Duc Tien talks to local media about this issue. How is the domestic pork price forecast to increase? In the domestic market, there are forecasts that pig prices will increase to high levels. However, over the past month, the price was still around VND48,000-50,000 per kilo of live hog. This shows that supply still meets demand. There is no reason to forecast a lack of meat for the Tet festival in 2020. About 93 per cent of pigs were unaffected by African swine fever. The price of pork in the Chinese market is rising – up to VND100,000 per kilo of live hog in some localities – due to a shortage of pork. The crisis of supply means some provinces and cities have opened frozen … [Read more...] about Pork supply to meet market demand by Tet festival

Nation Violators of Thu Thiem urban project to be identified early next year The Saigon Times Daily Wednesday,  Oct 16, 2019,09:58 (GMT+7) Violators of Thu Thiem urban project to be identified early next yearThe Saigon Times Daily Deputy Party Secretary of HCMC Tran Luu Quang speaks at a meeting with voters in HCMC on October 15 – PHOTO: TNO HCMC – A list of key individuals found to have committed violations related to the Thu Thiem New Urban Area in HCMC’s District 2 will be drawn up prior to the Lunar New Year, or Tet holiday, in January 2020. Deputy Party Secretary of HCMC Tran Luu Quang revealed the timeline in response to questions from voters in Districts 1, 3 and 4 related to corrective measures being applied to the controversial project, reported the local media. Quang told the voters on October 15 that the municipal People’s Council recently adopted a support policy for 331 households … [Read more...] about Violators of Thu Thiem urban project to be identified early next year

The orchestrators of the Most Notable M&A Deals and Advisory Firms who gave the market its momentum in 2018-2019, Photo: Le Toan The award picks have been chosen from a pool of ­prominent nominees for their notable accomplishments in business and service to the community, while the evaluation and selection of the nominees was completed by an independent judging panel. The contenders were then divided into ­categories under the umbrellas of Most ­Notable M&A Deals and Most Notable M&A Advisory Firms. The full list of winners will ­provide businesses and ­investors with a summary of the M&A activities that took place in Vietnam. Most Notable M&A Deals 2018-2019 * SK Group, Vingroup, and Masan In May, SK Group, through its investment arm SK Southeast Asia Investment, decided to invest $1 billion to acquire the shares of Vietnam’s leading privately-run conglomerate Vingroup. Accordingly, SK Group has agreed to purchase 154.3 million … [Read more...] about Vietnam’s M&A successes in spotlight

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

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