Amazons outlook disappoints as customer budgets stay tight vnexpress international

A kilogram of husked local Vietnamese Musang King ranges from VND500,000-850,000 per kilogram, equivalent to VND1.5-1.8 million per kilogram (husk removed). The price has increased 10% over the a year ago. Malaysia’s Musang King is considered the "best durian in the world" and is currently grown by Vietnamese farmers in the Central Highlands and the Mekong Delta. The fruit regularly sells out at local markets, and buyers have to wait between two weeks and a month to receive their stocks. Oanh, a durian connoisseur in Ho Chi Minh City, said Musang King durian flesh is fragrant, supple and fat. "I have to pay deposits a month in advance to receive the goods." A fruit shop in Hanoi also reported that it had just sold 10 unhusked Musang Kings for VND700,000 per kg (2-4 kg per fruit). "Since it is a fallen fruit, and is shipped by air, the quality is high. No matter how many we have, customers buy them all," the store manager said. Explaining the high price of Vietnam-grown … [Read more...] about Vietnam-grown Musang King durian more expensive than imports

Although Vietnam reopened its door to international tourists over a year ago, small and medium lodging facilities in Ho Chi Minh City are still struggling to recover due to the small number of international visitors. Their largest source market is China while the number of guests from the northern neighbor remains modest, forcing many hotels to use their facilities for other purposes or stop leasing spaces. Shutdown, falling room occupancy In District 1, many hotels which used to be crowded with foreign travelers are now empty or have been replaced by other businesses. On Ly Tu Trong Street, a spacious hotel is being repurposed. The hotel is in a prime site, near Ben Thanh Market, Nguyen Hue Pedestrian Street, and Le Loi Boulevard, once favored by international tourists. Many 'House for Lease' signboards can also be seen along Bui Vien Walking Street and De Tham Street with many of them being hung in front of small, one- and two-star hotels. The director of a chain of … [Read more...] about Ho Chi Minh City hotels waiting for int’l guests

In 2019, the authorities were able to handle major cases of smuggling and selling of counterfeit products, a fact that was not possible in the past. The Vietnam Directorate of Market Surveillance under the Ministry of Industry and Trade (MoIT) identified 90,000 cases of trade fraud and smuggling, and issued nearly VND670 billion (US$28.96 million) in fines in 2019, up 7,700 cases and VND180 billion (US$7.78 million) in fines year-on-year, the governmental portal reported. Overview of the meeting. Source: Vietnam Directorate of Market Surveillance. During the year, the agency collected nearly VND500 billion (US$21.61 million) for the state budget, confiscated goods and products worth over VND170 billion (US$7.34 million) and destroyed smuggled and faked goods worth over VND120 billion (US$5.18 million). Tran Huu Linh, director general of the Vietnam Directorate of Market Surveillance, said at a meeting on January 13, that in 2019, the authorities were able to … [Read more...] about Vietnam authority identifies 90,000 cases of trade fraud in 2019