Dak Nong Province has suffered the most in terms of human casualties, losing at least five people since Wednesday, the Central Steering Committee on Natural Disaster Prevention and Control said Saturday. Its neighbors, Gia Lai, Dak Lak, and Lam Dong, have reported one death each, while Kon Tum has confirmed two deaths. The region has received historic downpours, with rainfall between August 6-9 being three to five times the average in August in previous years. Severe flooding has submerged more than 12,000 houses and nearly 20,000 hectares of rice, agricultural crops, killed more than 120,000 poultry fowls in the Central Highlands and southern provinces, with total damage estimated at more than VND1 trillion ($43.5 million). The Central Highlands region produces most of Vietnam's coffee, a major export item. On Friday afternoon, many communes in Bao Loc Town, Lam Dong Province, were still surrounded by muddy waters. Many houses had collapsed or were badly damaged. Rescued from her … [Read more...] about Greenhouses, deforestation in focus as flooding toll rises in Central Highlands
Oil price rise 2018
Provides Affordable, Quality Option to Local ConsumersHONG KONG, CHINA - Media OutReach - 12 December 2019 - The U.S. Meat Export Federation ("USMEF") is pleased to announce the bulk shipment of U.S. chilled pork to Hong Kong for local consumers. The import initiative has been taken to fill the supply-demand gap for pork amid rising fresh pork prices and to offer an alternative to consumers at an affordable price. U.S. Consul General Mr. Hanscom Smith was present at the press conference as the guest of honor. With the establishment of a continuous supply chain, U.S. chilled pork is available in the Hong Kong market from December 2019 Mr. Joel Haggard, Senior Vice President of USMEF Asia Pacific, said, "We are delighted to bring U.S. chilled pork to Hong Kong amid rising interest and demand for our products. U.S. pork is produced to the highest quality and safety standards. The hogs' diet of homegrown corn and soy gives U.S. pork a unique sweet flavor and tenderness that consumers … [Read more...] about U.S. Chilled Pork Arrives in Hong Kong to Fill Supply-Demand Gap amid Rising Fresh Pork Prices
Bangkok (NNT/VNA) - The Stock Exchange of Thailand (SET) expects continued volatility in capital markets due to the trade dispute between the United States and China, but foreign investor confidence in Thailand remains strong due to the country’s robust economic foundations and profit growth among listed companies. SET President Dr. Pakorn Peetathawatchai revealed that last year, the SET index shrank 10.8 percent from the year before, due to global disruptions from the ongoing trade tension between the United States and China. However, he added that Thailand’s economic foundations remain strong and continued to post higher growth last year, with several publicly listed companies reporting higher profits. This year, the SET President expects further volatility from fluctuating oil prices and the uncertainty surrounding trade policy between China and the US. However, the domestic outlook is more positive, with listed companies expected to post continuous growth. … [Read more...] about Foreign investors continue to show interest in Thailand
Hanoi (VNA) - Resolution No.27-NQ / TW 2018 states that by 2020,the minimum wage must ensure minimum living standard of employees. Will the results of the National Wage Council’s meeting make this goal reachable? The National Wage Council convenes the first meeting, discussing regional minimum salary hike 2020 (Photo: VietnamPlus) On June 14, the National Wage Council will convene its first 2019 meeting to discuss raising the minimum wage. 7-8 percent wage hike proposal Talking with reporters at the beginning of the meeting, deputy head of the Vietnam General Confederation of Labour (VGCL)’s Department of Labour Relations Le Dinh Quang said the 2018 minimum wage negotiations helped raise 2019’s minimum wage, meeting about 95 percent of the minimum living standard for employees. “The economic landscape for 2019 is favourable for a minimum wage hike by 2020. 'Filling' the gap between the minimum wage and the minimum living standard is VGCL’s … [Read more...] about National Wage Council’s meeting: Is salary hike 2020 ‘reachable’?
Americas News China to buy US$50 billion in U.S. farm products in return for tariff concessions - U.S. sources The Saigon Times Daily Friday, Dec 13, 2019,09:00 (GMT+7) China to buy US$50 billion in U.S. farm products in return for tariff concessions - U.S. sourcesThe Saigon Times Daily Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019 – PHOTO: REUTERS WASHINGTON (REUTERS) - The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing’s pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world’s two biggest economies. A source briefed on the status of bilateral negotiations said the United States would suspend tariffs on US$160 billion in Chinese goods expected to go into effect on Dec. 15 and roll back existing tariffs. In … [Read more...] about China to buy US$50 billion in U.S. farm products in return for tariff concessions – U.S. sources