3 billion usd in rupees

Shrimp exports provided the biggest contribution to the country's total aquatic product export value in 2017 (Photo: VNA) Vietnam earned some 2.4 billion USD from exporting aquatic products in the first four months of 2018, representing a year-on-year rise of 13 percent.  The US, Japan, China and the Republic of Korea were the biggest importers in January-March, making up 52 percent of the Southeast Asian country’s total aquatic product exports. The highest growth was reported in the Netherlands (55.7 percent), China (44.6 percent) and the UK (33.8 percent). In the four-month period, Vietnam imported 536 million USD worth of aquatic products, up 27.4 percent against the same period last year. Of the figure, 130 million worth of aquatic products were imported in April. Vietnam gained its highest ever aquatic product export value of 8.32 billion USD in 2017, a year-on-year increase of 18 percent, according to the MARD. The Vietnam Association of Seafood Exporters and Producers … [Read more...] about Aquatic product exports bring home 2.4 billion USD in four months

An overview of Jakarta capital (Source: Indonesia Expat) Jakarta (VNA) – Indonesia’s Finance Ministry has announced that the country’s state budget deficit increased to 281.9 trillion Rp (20.1 billion USD) or 1.8 percent of the gross domestic product (GDP) in October 2019, higher than the same period year earlier of 229.7 trillion Rp or 1.56 percent of GDP. Speaking at a press conference on November 18, Minister of Finance Sri Mulyani Indrawati said the government forecast a budget deficit of 296 trillion Rp or 2.26 percent of GDP at the end of the year due to unsatisfactory revenue from several sectors such as manufacturing and mining. By the end of October, state revenue was recorded at 1.508.9 trillion Rp or 69.7 percent of the target. The country’s income was recorded to only growing 1.2 percent year-on-year (YoY), lower than the growth in October 2018 which reached 21.3 percent (YoY). Total tax revenue from January to October was recorded at … [Read more...] about Indonesia’s budget deficit rises to 20.1 billion USD

The Indonesian government is set to receive some 315 trillion IDR (22.5 billion USD) from a number of corporates in the forest fire public lawsuit. (Photo: OI) Jakarta (VNA) – The Indonesian government is set to receive some 315 trillion IDR (22.5 billion USD) from a number of corporates in the forest fire public lawsuit, according to the Environment and Forestry Ministry (KLHK). The amount is from nine lawsuits that were granted by the Supreme Court (MA) a while back, said KLHK Director General of Law Enforcement Rasio Ridho Sani. In total, there are 17 lawsuits related to the massive forest fires Indonesia witnessed this year. Last month, the ministry deemed eight corporate suspects and one individual responsible for widespread forest fires. The KLHK is pushing for the execution to be done quickly so the defendants could immediately pay up and restore [the damaged environment], said Rasio Ridho. The KLHK’s Director General of Law Enforcement permanently sealed the … [Read more...] about Firms asked to compensate 22.5 billion USD for Indonesia’s forest fires

Wrongdoings involving nearly 50.34 trillion VND (2.17 billion USD) and over 1,000 ha of land were found during the first six months of 2019, heard a teleconference of the inspection sector in Hanoi on July 18. Deputy Prime Minister Truong Hoa Binh speaks at the teleconference (Source: http://baochinhphu.vn) As many as 44 cases involving 73 individuals were transferred to investigation police agencies for further probe and settlement. A total of 1,036 inspections over the implementation of policies, standards and norms were carried out, detecting 183 cases involving 129 individuals, proposing withdrawal of nearly 21 billion VND. Meanwhile, 28 corruption cases with 17 relevant individuals were discovered through inspections and denunciation settlement. Speaking at the event, Deputy Prime Minister Truong Hoa Binh praised efforts made by the inspection sector in the period, helping to improve the effectiveness of state management and ensuring the enforcement of laws, thus serving … [Read more...] about Violations involving $2.16 billion uncovered in Vietnam in first half of 2019

Haze in Indonesia (Source: PA)   The Coordinating Minister for Political , Legal and Security of Indonesia Luhut Pandjaitan said Indonesia has spent 385 billion Rupiah (nearly 3 million USD) to tackle forest fires and haze pollution.Joko Widodo urged the Ministry for Political , Legal and Security to coordinate with the Indonesian National Board for Disaster Management to quickly tackle forest fires in Sumatra and Kalimantan.Nila Moeloek asked local medical staff to keep close watch of community health in the face of a strong increase of patients of respiratory diseases in the provinces of Riau, Jambi, South Sumatra and West, South and Central Kalimantan. VNA … [Read more...] about Indonesia spends millions of USD to stamp out forest fires