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Ttntag fishing net

/ March 2, 2021

Vietnam making every effort to fight IUU fishing

Illustrative image (Photo: VNA) HCM City (VNA) - The Ministry of Agriculture and Rural Development (MARD) has urged localities to adopt drastic measures to fight irregular, unreported and unregulated (IUU) fishing. All Vietnamese fishermen, businesses, and local authorities must consider this an important and urgent task to affirm the prestige of Vietnam’s fisheries sector in the world and among countries it shares territorial waters with, and be resolved to meet the standards set by the European Commission (EC). Since the EC gave a “yellow card” warning to Vietnam’s fisheries and seafood in the European market in October 2017, the entire sector has suffered marked losses. Tran Dinh Luan, head of the ministry’s Directorate of Fisheries, said it is necessary to prevent, deter, and eliminate IUU fishing in order to remove the “yellow card” warning, develop fisheries responsibly, and integrate into the world. This is also the guideline of the Party and State, as reflected through the Law on Fisheries. Since the imposition of the EC warning, Vietnam’s fishery export value to Europe has fallen by between 6 and 10 percent annually. From being the second-largest importer of Vietnam’s seafood, with value representing 17-20 percent of Vietnam’s total export revenue, the EU now ranks fifth, after Japan, the US, the Republic of Korea (RoK), and ASEAN. The Government and the National Steering Committee on IUU Fishing Prevention have issued a range of documents instructing ministries, agencies, and People’s Committees in 28 coastal cities and provinces to drastically take preventive measures. The MARD has conducted regular inspections in localities. The EC has highly valued Vietnam’s political determination to implement its recommendations in this regard. Vietnam has openly and transparently announced the results of inspections of seafood exports to the EU and has completed a legal framework that serves as a foundation to materialise relevant …

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/ March 3, 2021

Families install safety nets after Hanoi child apartment fall

Many families living at apartment buildings in Hanoi and HCM City have installed balcony safety nets after a baby girl in Hanoi fell from the 12th floor of an apartment building. Safety net installed on the balcony A resident from Hanoi's Nam Tu Liem District, Hai Lan said, "We have just moved to this area so many things are still incomplete. But after hearing that a baby girl fell from the 12th floor, I had the balcony safety net installed immediately. I felt so careless for not installing the net sooner." Lan said she had two small children and chose a net that cost VND180,000 (USD8) per square metre. Another resident in Hanoi, Trung Nghia, said he had not only installed the net on the balcony, but also along the staircase. Hai, a service provider in Hanoi, said he used to have only two or three customers a day. But recently, he received up to 60 orders a day. He said that the net was very durable and would not be much damaged by the weather. Tran Van Toan from HCM City's District 12 said he lives on the 8th floor with two children. One of his children is five years old and the other is only 18 months old. "After watching the clip, I felt so worried about my children. My wife and I decided to install the safety net immediately since both my children are very active and don't know how to protect themselves yet. We don't want to regret it later," he said. Many families rush to install the safety nets He later installed 10 square metres of safety net for VND1.9m (USD82). According to Toan, many of his neighbours are also planning to install safety nets. Even families who are not live in apartment buildings also feel worried. Nguyen Thuy Van from District 3 said she already installed the safety net for the second and third-floor of her house. "My child always plays near the balcony so we want to be more careful. It costs us about VND2.2m (USD95)," she said. Dinh Van Sau from Go Vap District said …

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/ March 3, 2021

ETFs net attracts $130 million so far this year

Exchange-traded funds (ETFs) on Việt Nam's stock market have net attracted a total of US$130 million so far this year. Photo cafef.vn HÀ NỘI — Exchange-traded funds (ETFs) on Việt Nam's stock market have attracted a net total of US$130 million so far this year. Capital inflows into ETFs from the beginning of the year have made an important contribution to help offset the net selling from foreign investors, valued at more than VNĐ2.7 trillion ($117.1 million). Among the ETFs, VFMVN Diamond ETF attracted the largest capital since the beginning of the year with $113.7 million. With a current portfolio size of nearly VNĐ9 trillion, VFMVN Diamond ETF has surpassed VFMVN30 ETF to become the largest domestic fund in the market. Besides VFMVN Diamond ETF, the pair of foreign ETF funds VNM ETF and FTSE Vietnam ETF also attracted a total net value of about $30 million. On the other side, KIM Kindex VN30 ETF saw a strong net recession of nearly $52 million, equivalent to VNĐ1.2 trillion and was the only ETF witnessing net withdrawal in the first two months of the year. In the last trading week of February, ETFs on Việt Nam's stock market saw strong net withdrawal. VFMVN30 ETF was the fund seeing the strongest withdrawal, with VNĐ345 billion. Another ETF that also saw withdrawal was KIM Kindex VN30 ETF, with a value of $4.53 million in the past week. In the opposite direction, VFMVN Diamond ETF net attracted VNĐ112 billion in the past week. Besides, SSIAM VNFinLead ETF also net attracted VNĐ7.6 billion, S&P Select Frontier ETF net attracted nearly $1 million. — VNS …

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