Kuwait news agency

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

Chairwoman of the National Assembly Nguyen Thi Kim Ngan (fifth, right) and diplomats pose for a photo at the meeting in Hanoi on October 9 (Photo: VNA) Hanoi (VNA) – Chairwoman of the National Assembly (NA) Nguyen Thi Kim Ngan received ambassadors and heads of Vietnam’s overseas representative diplomatic agencies for 2019-2022 in Hanoi on October 9. Congratulating the diplomats on their appointment, the top legislator said she believes that they will overcome all difficulties and challenges to fulfill their assigned tasks. Chairwoman Ngan noted the diplomatic sector, including the Ministry of Foreign Affairs, has obtained numerous achievements and greatly helped to maintain a peaceful and stable environment for national development and defence and the country’s stature and prestige promotion. There has also been stronger coordination between State and parliamentary diplomacy, she said. The top legislator added that the NA’s external work will continue … [Read more...] about NA leader receives heads of Vietnam’s overseas representative agencies

  Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on October 9 for a delegation of ambassadors and heads of representative agencies of Vietnam who are to take their offices abroad for the 2019 – 2020 tenure. He asked them to strive for national development with important socio-economic and diplomatic achievements, thus improving Vietnam’s stature on international arena. The PM wished that they would show a high sense of responsibility for protecting the interest of Vietnamese citizens and promoting cooperation between Vietnam and foreign countries. Along with combining political with economic and cultural diplomacy to bolster all-around collaboration with foreign countries, ambassadors were urged to assist overseas Vietnamese in preserving the traditional culture while actively promoting trade and investment, and sharing foreign market information to Vietnamese enterprises. In particular, they must promptly grasp situation in foreign … [Read more...] about PM receives ambassadors, heads of representative agencies

* Indonesia is estimated to maintain a healthy growth rate in 2019 and 2020 on the back of continuing strong domestic consumption, the Asian Development Bank (ADB) said in its 2019 Asian Development Outlook (ADO) released on Wednesday. * Philippine economic growth in this and the next year will be slightly lower than earlier forecast on the back of a slowdown in the global economy and domestic investment, the Asian Development Bank (ADB) said in its updated report launched on Wednesday. * At the meeting on Wednesday with Indian External Affairs Minister Subrahmanyam Jaishankar on the sidelines of the General Debate of the 74th session of the UN General Assembly, Chinese State Councilor and Foreign Minister Wang Yi said that strengthened communication with India benefits the two countries as well as the world at large. * US President Donald Trump met with his Ukrainian counterpart Volodymyr Zelensky in New York on Wednesday, a day after US House Speaker Nancy Pelosi's announcement of … [Read more...] about World News in Brief: September 26

Former Minister of Youth and Sports Imam Nahrawi. (Photo: TEMPO.CO/VNA) Hanoi (VNA) - Indonesia’s Corruption Eradication Commission (KPK) on September 27 announced it had detained former Minister of Youth and Sports Imam Nahrawi after questioning him for several hours related to a corruption case. The former minister is detained for the initial period of 20 days, said KPK spokesperson Febri Diansyah. Last week, Nahrawi resigned from his ministerial post a day after being declared as a suspect in the case related to a grant package the Ministry of Youth and Sports had given to the National Sports Committee (KONI). He was declared a suspect along with his personal assistant. Nahrawi allegedly received a 26.5 billion rupiah (1.88 million USD) commitment fee in disbursement of the grant proposed by the KONI. The money had allegedly been used for his personal purposes through his personal assistant. Representatives of the KONI are accused of giving some of the money to Nahrawi … [Read more...] about Indonesia’s anti-graft agency detains former sports minister