900 000 yen

Information from the Agency for Foreign Trade under the Ministry of Industry and Trade revealed that in addition to a quota of 20,000 tonnes of rice to all the members of the World Trade Organisation (WTO), the ROK has given a quota of 55,112 tonnes for all types of rice grown by Vietnam. … [Read more...] about ROK to import over 55,000 tonnes of Vietnamese rice

According to the criteria of the Ho Chi Minh Communist Youth Union Central Committee and relevant units, the employees that had excellent achievements or individuals with their innovations and improvements recognized in 2019 will receive the tickets free of charge. This year, there will be five special flights for 900 workers departing from Ho Chi Minh City, including one flight to the capital city of Hanoi, two flights to Quy Nhon City in Binh Dinh Province on January 20, one flight to Vinh City in Nghe An Province and one flight to Dong Hoi in Quang Binh Province on January 21. In addition to these flights, the Ho Chi Minh Communist Youth Union Central Committee booked an additional 200 seats for workers on two regular flights connecting Ho Chi Minh City and Hanoi. Accordingly, Vietnam Airlines will support each worker to carry an additional of five kilograms of checked baggage, increasing the checked baggage allowance to 28 kilograms a passenger. This is an annual activity of … [Read more...] about Over 1,000 workers offered air tickets to return hometowns for Tet holiday

On January 15, the city’s police officers surprised the red- color car with fake license plate 51G - 260.78 which transported smuggled cigarettes to 927/4 Hau Giang Street, Ward 11, District 6 in order to hand over to 43-year-old Dam My Linh. The police seized 7,500 packets of cigarette branded Jet and Hero on the car, around 2,600 packets named Jet, Hero and Esse inside the house that the suspect was renting.  When the functional forces found out the location, the driver quickly ran away. The suspect admitted to ordering the large number of smuggled cigarettes from the Long An - Cambodia border to Ho Chi Minh City to consume. By Ai Chan- Translated by Huyen Huong … [Read more...] about HCMC seizes over 10,000 packets of smuggled cigarette

In early last year, Nam A Commercial Joint Stock Bank (NAB) also came up with a plan to increase its chartered capital from VND3.3 trillion to VND5 trillion, assisted by a scheme to sell its stake to foreign investors. That said, by the end of 2019, NAB had been able to raise the capital to only VND3.89 trillion. On January 6, the State Bank of Vietnam approved phase 2 of NAB’s plan to increase capital, allowing the bank to boost its capital to VND5 trillion. The phase 2 plan includes a separate scheme to offer 50 million NAB stocks, equivalent to 15% of the capital. NAB says it will offer stocks to both domestic and foreign investors, probably asking the central bank for permission to make full use of the 20% ceiling for foreign buyers. … [Read more...] about Foreign banks may return soon

Hanoi (VNS/VNA) - For two decades, farmer To Nguyen Ho Hai in the Central Highlands province of Gia Lai grew peppers, enjoying a boon in production. Five years ago, the industry was doing so well, and the price of peppers so high, he more than doubled his investment, increasing from 900 pepper pillars to 2,000.    At the time, farmers took their profits and reinvested with prices hitting as much as 260,000 VND (11.2 USD) per kg at their peak in 2015. Hoang Phuoc Binh, Vice Chairman of the Pepper Association of Gia Lai province’s Chu Se district, recalled the time when peppers were hot in more ways than one.   “Every farmer, every household grew peppers,” he said. “The more profit they earned, the more money they poured in investing in buying land to grow more pepper.” According to Vu Ngoc An, Deputy Director of the provincial Department of Agriculture and Rural Development, when people saw households making profits of up to 500 million … [Read more...] about Quality key to pepper growth, not quantity