Vincom Pham Ngoc Thach in Ha Noi. Vincom Retail (VRE) and Vincom (VIC) rose 3 per cent and 1.1 per cent, respectively, yesterday. — VNS Photo Mai Huong The VN-Index edged up slightly on Thursday despite two-thirds of shares dipping in the red, driven by the growth of heavyweight shares. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index inched up 0.15 per cent to close the day at 1,077.59 points. The northern bourse’s index decreased more than 3 per cent on Wednesday. Two-thirds of shares on the HoSE lost value, mainly small- and mid-cap shares. From the perspective of industry groups, most of the groups underperformed, except for retail (up 4.2 per cent on average) and banking (0.6 per cent). Data on vietstock.vn showed 18 out of 25 stock groups recorded losses, led by seafood processing companies (down 2.3 per cent on average), agriculture, logistics, machinery, construction and household appliances with each decreasing more than 1 per cent. Blue chips were mixed. … [Read more...] about Heavyweight shares help stop market from a fall
Stop illegal fishing
Seafood exports reach record 11 billion USD in 2022, challenges ahead
Seafood exports reached a record 11 billion USD in 2022, up 24% year-on-year and 22% higher than the year’s target of 9 billion USD. (Source: VNA) HCM City (VNS/VNA) - Despite huge challenges, the seafood sector in 2022 posted a new record in export value of 11 billion USD, up 24% year-on-year and 22% higher than the year’s target of 9 billion USD. Le Hang, communications director of the Vietnam Association of Seafood Exporters and Producers (VASEP), said that this was the highest export value in more than 20 years. Of the amount, shrimp exports hit a record 4.3 billion USD, pangasius exports reached 2.4 billion USD, and tuna exports were 1 billion USD, she added. Vietnam’s largest seafood export markets are the US, Japan, China and the EU. Seafood exports to the US reached more than 2.1 billion USD last year. Meanwhile, exports to China hit a record 1.8 billion USD, up 57% year-on-year. Exports to the EU and the Republic of Korea brought in 1.3 billion USD and 950 … [Read more...] about Seafood exports reach record 11 billion USD in 2022, challenges ahead
Fly Emirates to Dubai and enjoy a free night’s stay at Fairmont The Palm
A view of Fairmont The Palm hotel in Dubai. — Photo courtesy of Emirates Emirates has announced an exciting new offer for travellers planning their next winter sun escape to Dubai in partnership with Fairmont Hotels & Resorts. Starting from January 30, 2023 to February 13, 2023, travellers who purchase an Emirates return ticket in First or Business Class to or stopping over in Dubai, will be able to enjoy a complimentary night stay at Fairmont The Palm hotel. The offer is available on bookings made on emirates.com or via participating travel agents, for bookings made at least 72 hours in advance of the passengers’ arrival. Named after Dubai’s iconic manmade island, the Palm Jumeirah, Fairmont The Palm is the ideal luxury resort for couples and families. Offering 381 lavish rooms and suites overlooking the stunning Arabian Gulf and the incredible Dubai skyline, travellers are able to experience some of the world's finest flavours at a choice of ten restaurants and bars. … [Read more...] about Fly Emirates to Dubai and enjoy a free night’s stay at Fairmont The Palm
Food prices rise slightly ahead of first full moon
Demand for fresh foods increases ahead of the Ram Thang Gieng (the first full moon of the lunar year) as usual, but market prices have barely changed. The upcoming celebration of Ram Thang Gieng (the full moon of the first lunar month) marks a strong increase in demand for fresh food in the market, but prices have remained stable. People buy fruits at a traditional market in Hanoi to prepare dishes for the celebration of the first full moon in the lunar year. Photo: Hoai Nam/The Hanoi Times The first full moon of the lunar year falls on the 15th day of the first lunar month. On that day, Vietnamese prepare some dishes in honor of the gods, Buddha, and ancestors, and pray for the happiness, luck, and prosperity of their relatives. In 2023, Ram Thang Gieng falls on January 4. Given such meaning, demand for fresh and good quality food before and during the day tends to increase. In 2023, however, prices for raw and fresh foods are virtually unchanged … [Read more...] about Food prices rise slightly ahead of first full moon
Firm in central Vietnam exports 2mn breeding shrimps to Taiwan
Duong Hung Mien Trung JSC based in Thang Binh District, Quang Nam Province, central Vietnam has shipped two million white-leg breeding shrimp to Taiwan. The parents of these shrimp were imported from Hawaii with a fast growth pace and strong disease resistance. The export affirms the quality of breeding shrimp of Vietnam and a stride in the development of the local shrimp breeding sector and the integration into the international market. Under a contract with its partner, the company will export some 20 million breeding shrimp to Taiwan in 2023. This is good news for Quang Nam Province’s fishing and agriculture as a whole. Duong Hung Mien Trung owns a 4.5-hectare shrimp breeding farm and auxiliary facilities covering four hectares. The shrimp breeding facility annually produces five billion post-larvae shrimp units. With more than 30 years of producing breeding shrimp with 114 breeding farms, Duong Hung Mien Trung has distributed shrimp breeds nationwide through its 32 … [Read more...] about Firm in central Vietnam exports 2mn breeding shrimps to Taiwan
Nghe An man hands over two red-faced monkeys
A man in the northern central province of Nghe An has just handed over two red-faced monkeys to local forest rangers. A man in the northern central province of Nghe An has just handed over two red-faced monkeys to local forest rangers. Director of Pu Hoat Nature Reserve Management Board, Nguyen Van Sinh announced on Thursday that they had coordinated with forest rangers in Que Phong District to release two red-faced monkeys into the wild. "The monkeys were handed over by a local man who was persuaded by local forest rangers to release them after they had been kept in a cage at his house," Sinh said. "We've also widely announced that keeping wild animals without clear origins was risky and illegal." According to the official, the two monkeys were given a health check which showed that they had a total weight of 16 kilos and were in stable condition. "After finding them in good health, we decided to release them back into a local forest right after receiving … [Read more...] about Nghe An man hands over two red-faced monkeys
Indonesia expects to end import of petrochemical products from 2027
Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan speaks at 2023 Mandiri Investment Forum (Photo: antaranews) Jakarta (VNA) - Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has expressed his hope that the largest economy of Southeast Asia will not import petrochemical products from 2027 thanks to petrochemical industry development in North Kalimantan’s green industrial area. Speaking at the “ 2023 Mandiri Investment Forum ” on February 1, he said that the country plans to build the largest petrochemical industry at the Tanah Kuning Kalimantan Industrial Park Indonesia (KIPI) in North Kalimantan province, which will be turned into the world’s biggest integrated industrial area. The total investment potential of the industrial area has reached 132 billion USD. The figure includes the investment potential for developing hydropower plants and solar panels with a total capacity of … [Read more...] about Indonesia expects to end import of petrochemical products from 2027