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Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

June 25, 2022 by www.sggpnews.org.vn

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

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Part 1: A fair look into UNCLOS 1982 needed

June 26, 2022 by en.qdnd.vn

That statement was made by Dr. Tran Cong Truc, former head of the Government Border Committee. An international comprehensive legal document On April 30, 1982, the third U.N. Conference on the Law of the Sea passed a new convention named The United Nations Convention on the Law of the Sea (UNCLOS) 1982. On June 23, 1994, Vietnam was one of the first countries in the world to ratify the convention and became a member of UNCLOS. According to Dr. Tran Cong Truc, UNCLOS 1982 was built on the basis of “whole package,” including all aspects related to the law of the sea. This is a comprehensive international legal document that consists of all the most important legal contents and practices in reality concerning seas and oceans. The most important part of the convention is that it devises a united measure of defining waters and continental shelf under the sovereignty and sovereign and jurisdiction rights of coastal countries. The convention also defines clearly the rights and … [Read more...] about Part 1: A fair look into UNCLOS 1982 needed

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Thanh Hoa Power Company prepares for peak heat

June 25, 2022 by ven.vn

Thanh Hoa Province’s power grid currently has 21 110-kV substations, more than 8,348 distribution substations with a total capacity of 2,738,340 kVA, and a system of medium and low voltage lines which can supply power to 810,637 users in the province (up 14,292 over the same period in 2021). With a synchronous and modern electricity system, which is also regularly upgraded, PC Thanh Hoa has fully met the electricity demand for production and daily use of local residents. However, the power supply is expected to throw up challenges due to the shortage of peak capacity in the summer months and load regulation is required. The constantly growing demand will also significantly affect the stability and safety of the power grid, and possibly cause local overloads in some areas. Following directions of the EVNNPC, from early this year, PC Thanh Hoa has been devising solutions for these challenges. The company has monitored full loads or overloads, drawing up plans to rotate transformers … [Read more...] about Thanh Hoa Power Company prepares for peak heat

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River pollution: Large discharge facilities to be strictly controlled

June 26, 2022 by ven.vn

According to a report of the Vietnam Environment Administration (VEA), the monitoring results in 2021 showed that the quality of most river water of large basins including the Red, Thai Binh, Ma Chu, Ca La, Vu Gia, and Thu Bon rivers and the Mekong Delta are maintained well. At many river sections, the water is used for domestic, aquaculture and other purposes. The To Lich River has always been one of Hanoi's pollution hotspots The average monitoring results have not thrown up unusual signals. However, local pollution is still recorded in some river sections flowing through densely populated areas, craft villages, and industrial production areas, like the Cau River before flowing into Thai Nguyen City or the Nhue River section through Hanoi City. River basin pollution is mainly of organic and nutrient sources. Most monitoring stations have not recorded any signs of metal pollution and pesticides. Deputy VEA Director Hoang Van Thuc said the agency will continue to … [Read more...] about River pollution: Large discharge facilities to be strictly controlled

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Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

May 23, 2022 by en.vietnamplus.vn

Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

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