The Top 20 billionaires have a combined net worth of $1.2 trillion, unchanged from last year but still the highest count ever. Their aggregate wealth represents roughly 14 percent of all billionaires. The minimum net worth to make the Top 20 was $38.8 billion, $200 million less than 2018. … [Read more...] about Five Vietnamese named in Forbes list of world’s richest people
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Mr. Troy Griffiths, Deputy Managing Director of Savills Vietnam, said: “Globally, financial markets have been experiencing considerable volatility: stock markets have fluctuated with wide daily amplitude, the volatility index has reached the high level since the 2008 financial crisis, market liquidity has been exhausted, etc.”. … [Read more...] about Novaland attractive to foreign investors, why?
Of which, pangasius and tuna exports fell by more than 29 percent; squid and octopus exports plunged up to 31 percent; shrimp exports slid 15 percent. Export turnover to the EU market declined most with 40 percent, followed by the Chinese market with 25 percent, the Korean market with 24 percent, and the Japanese market with 19 percent. The seafood export turnover to the US market saw a smaller decrease as Vietnam still managed to keep the market share in the retail segment of fresh and canned products. Currently, many orders to the Middle East, Asia, or South America have also started to be stagnant, canceled, or suspended due to the Covid-19 pandemic, leading to high inventory. Meanwhile, enterprises also suffered many types of incurred costs, such as changing the route of the vessel, changing the port of arrival, and demurrage. At the same time, they also had to pay for anti-coronavirus products, including medical face masks, thermometers, and disinfectant solutions. In general, … [Read more...] about VASEP proposes support for export of seafood