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Farmers transport lemongrass in Tan Phu Dong district. — Photo baotintuc.vn Lemongrass farmers in Tien Giang Province’s Tan Phu Dong District have gained huge profits thanks to a surge in crop prices. From the beginning of 2022, Tan Phu Dong farmers have seeded 2,000ha of lemongrass and harvested 11,250 tons of lemongrass, leading to profits of over VND50 million (US$2,150) for each hectare of lemongrass. Director of the Tan Phu Dong District’s Department of Agriculture and Rural Development, Nguyen Van Hai, said the district consists of a cluster of islands adjacent to the East Sea with harsh natural conditions, frequent drought and saltwater intrusion. Pham Van Binh in Phu Dong commune said that lemongrass is suitable for saline soil. He also said that growing lemongrass helped him escape poverty and build a sustainable business. Since the beginning of the year, the increase in lemongrass prices have helped farmers earn good income to overcome the effects of COVID-19 … [Read more...] about Lemongrass farmers benefitting from rising prices

Vietnamese leaders have sent congratulatory messages to leaders of the U.S. government and Congress on the occasion of the country’s 246th Independence Day. State President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh sent their congratulations to U.S. President Joe Biden on Monday, according to the Ministry of Foreign Affairs. Chairman of the National Assembly Vuong Dinh Hue also extended greetings to President of the Senate Kamala Harris and Speaker of the House of Representatives Nancy Pelosi. On the same day, Minister of Foreign Affairs Bui Thanh Son sent a congratulatory message to U.S. Secretary of State Antony Blinken. Vietnam and the U.S. established bilateral relations in 1995, paving the way for a partnership of trust, friendship, and mutual respect. The bilateral relationship is guided by the comprehensive partnership signed in 2013 and joint statements issued by the leaders of the two countries in 2015, 2016, and May and November 2017, according to the … [Read more...] about Vietnam leaders congratulate US on 246th Independence Day

On a street in Kuala Lumpur, Malaysia (Photo:AFP/VNA) Kuala Lumpur (VNA) - Malaysia’s economic recovery remains in sight with a better trend as signalled by Malaysia's macroeconomic performance in April 2022 amid global uncertainty, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement that Malaysia is blessed with natural resources and commodities such as petroleum products and palm oil. As a net commodity exporter, Malaysia also benefits from higher commodity prices resulting in the country’s total trade chalking up a double-digit annual growth of 21.3% to 231.4 billion RM, he said. Exports rose 20.7% to 27.5 billion RM while imports went up 22% to 103.9 billion RM. The trade balance rose 15.7% and continued to remain in surplus at 23.5 billion RM. Malaysia's trade performance in May 2022 remained resilient, recording the fastest growth since November 2021, with total trade surpassing 1 … [Read more...] about Malaysia witnesses strong economic recovery