California economy 5th largest

Vietnam was China's eighth largest trading partner in 2019 before its rise to sixth in 2020. It is China's eighth largest supplier of goods and fifth largest export market. … [Read more...] about Vietnam becomes 6th largest trading partner for China

Jakarta (VNA) – Indonesian Maritime Affairs and Fisheries (KKP) Minister Sakti Wahyu Trenggono is targeting to turn the country into the world's largest vannamei shrimp producer by pushing production to 16 million tonnes annually from the current figure of below one million tonnes. As reported by the local news agency Antara, to achieve this goal, Indonesia must begin developing new shrimp ponds spanning 200 thousand hectares until 2024. Currently, the country’s annual vannamei shrimp production is less than one million tonnes, below that of China, Ecuador, Vietnam, and India. "If we succeed in developing 200 thousand hectares of shrimp ponds, with two harvest cycles of 80 tonnes per hectare per year, based on an economic analysis, it could generate nearly 1,200 trillion rupiah," Minister Trenggono was quoted by Antara as saying. He added that the development also aims to build a strong defense system to protect the nation’s maritime wealth. Trenggono revealed … [Read more...] about Indonesia aims to become world’s largest vannamei shrimp producer

According to the statistics of VNDirect Securities Company, blue chips such as VIC of private conglomerate Vingroup, VHM of real estate giant Vinhomes, and state-owned banking trio VCB of Vietcombank, CTG of VietinBank and BID of BIDV are the biggest drag on the VN-Index. … [Read more...] about VN-Index plummets over 74 points

According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months