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
Vietnam fishing charters
Vietnam Airlines once again threatened with delisting
By the end of December 31 the national flag carrier alone (not including its subsidiaries) was recording an accumulated loss of VND34.2 trillion ($1.46 billion). Its equity was a negative VND10.2 trillion. Vietnam Airlines still needs to publish its consolidated financial statement, which would include the earnings of its subsidiaries. If the report shows an accumulated loss, 2022 would be the third straight year the airline has posted a loss and its shares will be delisted from the HoSE. Under the current regulation, a company will have its ticker delisted if it reports losses for three consecutive years, its accumulated losses exceed the charter capital, or its equity is negative. The last time Vietnam Airlines received this warning was in September last year when it reported an accumulated loss of over VND5.1 trillion. The two years of Covid-19 created major difficulties for Vietnam Airlines and its subsidiaries Pacific Airlines and Vietnam Air Services Company (VASCO). … [Read more...] about Vietnam Airlines once again threatened with delisting
Domestic market to drive tourism recovery in 2023: insider
Visitors to Ba Den Mountain in Tay Ninh province (Photo: VNA) Hanoi (VNA) – With stronger tourism growth forecast for this year, the domestic market is expected to give the strongest boost to the recovery of this sector. Not Chinese travellers or any other sources of international tourists , it is the domestic sector that will remain the “brightest” factor helping Vietnam’s tourism continue recovering strongly in 2023, Nguyen Huu Y Yen, General Director of the Saigontourist Travel Service Co. Ltd, said as cited by Thanh nien (Young people) newspaper. He said before the COVID-19 pandemic broke out, the three biggest sources of foreign visitors to Vietnam were China, Russia, and the Republic of Korea (RoK). Charter flights from the RoK have been resumed just recently while there haven’t been many Chinese tourists , and Russian tourists haven’t returned. The European and US markets have begun to bounce back but are unlikely to record a breakthrough in 2023, he … [Read more...] about Domestic market to drive tourism recovery in 2023: insider
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