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Rice price rises on China’s strong demand

HCMC – The local rice price has inched up slightly by VND200-300 per kilogram compared to previous days right after a plan of buying one million tons of rice for temporary storage was launched thanks to increasing orders from China.

Chinese firm plans to invest heavily in Binh Dinh

HCMC – China’s pigment producer Henan Billions Chemical Co. plans to develop a cluster of pigment, titanium slag and sulfuric acid manufacturing factories at combined investment capital of US$200 million in the central province of Binh Dinh.

3 tons of rotten chicken meant for schools seized

3 tons of rotten chicken meant for schools seized

Authorities in Ho Chi Minh City have detected nearly 3 tons of rotten chicken while those in Nghe An Province have destroyed 10,000 eggs smuggled from China

Sugar export needs second thought

HCMC – The approval for sugar exports helps relieve the capital pressure of sugar firms, but such a decision sparks concern over a domestic undersupply as sugar output is currently low, an expert said.

Commercial rice volume surges, price volatility predicted

Commercial rice volume surges, price volatility predicted

HANOI – This year’s winter-spring crop in the Mekong Delta will be a bumper one, yielding about 10.5 million tons of paddy (unhusked rice), including some four million tons of commercial rice, which may pull down the price, the agriculture ministry said.

Steel association remain confident about growth

Steel association remain confident about growth

The Vietnam Steel Association and major industry players insisted on the growth target of 3 percent - 4 percent this year despite the suggestion from several steelmakers to lower the figure.

Seafood exporters fettered by capital shortage

Seafood exporters fettered by capital shortage

Seafood processors say they may not meet the target of earning US$6.5 billion in export turnover this year because they lack capital to buy materials for production

Coal industry eyes overseas mines

Coal industry eyes overseas mines

With the demand for imported coal soaring in order to meet domestic demand , by 2015 Vietnam is likely to have to purchase overseas coalmines to supply the country

Lack of funds menaces seafood export target

HCMC – The target of earning US$6.5 billion in seafood export turnover this year seems unobtainable as seafood firms are facing a lack of materials for production as a result of funding sources being choked off, processors said.

Capital shortage cripples tra fish farming

Capital shortage cripples tra fish farming

Many tra fish farmers who have to borrow from banks are facing capital shortage because of steep lending rates, the industry association has said

From Life Style
Paris spotlights traditional festivals

Paris spotlights traditional festivals

A place of culture: A customer sights photos in an exhibition that explores traditional Vietnamese culture and festivals. The exhibition has been held in the Vietnamese Culture Center in Paris. Photo PARIS — An exhibit of 80 photos of traditional Vietnamese traditional is happening at theVietnamese Culture Center in Paris, organised through the Vietnamese community in France to celebrate the 122nd birthday from the late Leader Ho Chi Minh.The

Art auction to aid cleft palate surgery for kids

Art auction to aid cleft palate surgery for kids

With higher cause: Wild Dream, an oil on canvas painting by Ha Hung Dung, is going to be offered in a charitable organisation auction held by Operation Smile Viet Nam in HCM City now. HCM CITY — Functions by several popular artists goes underneath the hammer in an annual charitable organisation dinner in HCM City on Saturday to boost funds for carrying out cleft palate procedures for Vietnamese children, this time around in Nghe An Province.To