Even if there is no official information from CBP, these allegations caused Minh Phu's stock to drop heavily, losing 20 per cent of its value over a single week, falling from VND43,000 ($1.9) to VND33,800 ($1.5) per share, which resulted in more than VND1.2 trillion ($52.17 million) of its market capitalisation "evaporating". … [Read more...] about Is Minh Phu evading anti-dumping duties on shrimp from India?
Tien Giang (VNS/VNA) - Clam farmers in the Mekong Delta province of Tien Giang are finding innovative solutions to produce sustainable value chains in an aim to meet international standards. In recent years, declining fishery stocks, disease, and environmental impacts have affected both quantity and quality of clams (meretrix lyrate) in the province. To improve value and enhance the competitiveness of local clam farming, a new project has begun since 2013, according to Nguyen Tien Diet, head of Fisheries Division under the province’s Department of Agriculture and Rural Development (DARD). Under the project, Tan Thanh commune authorities in Go Cong Dong district and local clam farmers are working together to achieve the Marine Stewardship Council (MSC) certification, which is the world’s most credible and recognised standard for environmentally sustainable wild-caught seafood. Nguyen Quoc Minh, Vice Chairman of the Tan Thanh commune People’s Committee, said … [Read more...] about Mekong clam farmers develop sustainable value chains
Construction of the Kenh Nhanh Sluice to prevent saltwater intrusion in Kien Giang Province’s Rach Gia City. — VNA/VNS Photo Hong Dat Salinity rates of four parts per thousand (PPT) have been recorded 40-70 kilometres upstream from the coast, 10-15 km further inland than usual during the dry season. … [Read more...] about Mekong Delta takes measures to cope with saltwater intrusion
According to the Southern Institute of Water Resources Research, the Mekong Delta will suffer from severe saline intrusion during high tides, when Tet is near. Water shortage and saline intrusion will be the most severe in January and February. Many locations have suffered damages. In Ben Tre Province, the water that is 53-68km away from the estuaries will have a salinity of 4% while the whole province will have a salinity of 1%. The provincial authorities have implemented various measures to control the situation such as storing fresh water. Over 16,500 ha of rice and shrimp farms in Ca Mau have been ruined and over 24,000 ha of rice were damaged. Over 20,000 households are suffering from water shortages and subsidence was reported in 11 locations. Thoi Binh was the first district to report damages from drought and saline intrusion with over 10,700 ha of rice and 18,600 ha of shrimp farms damaged. The crops in Soc Trang Provine is also at risk due to water shortage. Ben Tre … [Read more...] about Mekong Delta region faces severe saltwater intrusion
Phan Xuan Anh, chairman of Viet Excursions, said that passengers on cruise ships that dock at ports in Ba Ria-Vung Tau Province preferred to take river tours to Can Gio for sightseeing instead of travelling for two hours by cars to visit the centre of HCM City. … [Read more...] about Can Gio’s mangrove forests a haven for stressed-out travellers