The Ministry of Industry and Trade (MoIT) will negotiate with Chinese authorities to allow goods to pass through hitherto unused border gates in the northern province of Lang Son, like Chi Ma, Na Hinh and Binh Nghi, in order to resolve congestion at the Tan Thanh border gate, said Tran Thanh Hai, deputy director of the ministry’s Import and Export Department. On Wednesday morning, in a meeting with Chinese Ambassador to Vietnam Xiong Bo and Yunnan Province’s Party Committee Deputy Secretary Wang Yobo, Deputy Prime Minister Vuong Dinh Hue had mentioned the difficulties Vietnamese exporters have been facing at the border, and asked China to help resolve the issue. Xiong Bo said Chinese border authorities have been overwhelmed by the sudden surge in traffic, and have sent personnel to inspect and resolve the issue. For his part, Wang Yobo said that the southern Chinese province wants to raise bilateral trade turnover with Vietnam, and stands ready to purchase Vietnamese farm … [Read more...] about Vietnam wants more northern border gates to process fruit exports to China
Liverpool wholesale fruit and veg market
Customers’ preference helps Vietnamese foods foray deeper into Thai market
The Tops Market supermarket chain, which has 10 outlets in Bangkok, imports about 500 items from Vietnam, with instant pho and coffee the best selling goods. "Our imports from Vietnam rise about 10 percent a year. Pho has a similar flavor to Thai traditional noodles therefore it is easily accepted. Vietnamese dragon fruits are sweeter than that of Thailand and thus sell well," Pimjai Navanukroh, director of the chain, said at a recent event. A Tops Market outlet in Huai Khwang District to the east of central Bangkok sells 100-200 Vietnamese instant noodles packs and 50 kilograms of Vietnamese dragon fruits a day. "I usually buy Vietnamese foods, especially coffee because of its distinct flavor and reasonable price," said Pumipat Chaisom, a customer at the supermarket. Vietnamese Deputy Minister of Industry and Trade Do Thang Hai said that the export of agriculture and food products to Thailand has seen positive growth in recent years despite strong competition from domestic … [Read more...] about Customers’ preference helps Vietnamese foods foray deeper into Thai market
Off-season dragon fruit fetches high price for Tien Giang farmers
Farmers tend dragon fruit in Tien Giang Province’s Tan Phuoc District. (Photo: VNA) Tien Giang (VNS/VNA) - Farmers in the Mekong Delta province of Tien Giang have begun harvesting off-season dragon fruit, earning high incomes. In recent years, farmers have been using advanced farming techniques to grow off-season dragon fruit to avoid an oversupply during the main harvest season. The off-season is normally between December and March, with harvests three to four times a year. Sau Long, who has a 1.1ha red-flesh dragon fruit orchard in Cho Gao district, had a yield of one tonne of dragon fruit in the first off-season harvest and sold the crop for 28 million VND (1,200 USD). Traders have bought red-flesh dragon fruit for 28,000 VND a kilogramme, up 6,000 VND compared to last month. Tran Van Chon in Cho Gao’s Trung Hoa commune said he would harvest nearly two tonnes of off-season … [Read more...] about Off-season dragon fruit fetches high price for Tien Giang farmers
Strong demand spurs local market
Stock Market Strong demand spurs local market The Saigon Times Daily Monday, Dec 9, 2019,18:52 (GMT+7) Strong demand spurs local marketThe Saigon Times Daily An employee of Maybank Kim Eng Securities Company looks at share information. The VN-Index of the Hochiminh Stock Exchange increased 2.5 points, or 0.26%, at 966.06 today, December 9 - PHOTO: THANH HOA HCMC – Investors’ rising demand pushed up the VN-Index of the Hochiminh Stock Exchange today, December 9. Closing the day, the main index added 2.5 points, or 0.26%, against the session last Friday at 966.06. Market breadth was positive with 187 gainers and 150 decliners. The HCMC bourse saw 273.26 million shares worth more than VND4.9 trillion changing hands, surging 59.53% in volume and 27.52% in value. Of the total, nearly 90 million shares worth some VND1.9 billion were transacted via block deals. Of these, electrical equipment firm GEX saw 13.8 … [Read more...] about Strong demand spurs local market
Shopkeepers devastated as fire decimates Hanoi market
At around 2 p.m. on Saturday, a fire breaks out at a stall in the Quang Market in Hanoi's Thanh Tri District and quickly spreads to neighboring stalls, sending shopkeepers and customers fleeing in panic. A group of locals and shopkeepers rush to the scene with water hoses to stop the fire while waiting for firefighters to arrive. Firefighters on 10 firetrucks quickly arrive at the scene and are forced to knock down parts of the market's walls before they could reach the fire. A retailer tries desperately to save his shop with a bucket of water. Abandoned by its owner, this motorbike is melted down from the heat. As the fire spread too quickly, most people had to leave their wares and belongings behind. Two shopkeepers break down in tears upon learning that their wares have been decimated by the fire. Once the fire is contained, shopkeepers move in to salvage what's left of their shops, through holes dug onto the market's walls. Their stalls' entrances have been burned … [Read more...] about Shopkeepers devastated as fire decimates Hanoi market