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Saturday,  02/22/2020
Seafood exporters advised to keep close watch on market development
Seafood exporters advised to keep close watch on market development
Hanoi (VNA) – Following the outbreak of the acute respiratory disease caused by a novel coronavirus (COVID-19) earlier this year, Chinese consumers may change their eating habits, and shift to intensively processed products, especially seafood, according to market watchers. Tra fish being procesed for exports (Photo: VNA) Therefore, domestic seafood exporters should keep a close watch on the market...
COVID-19 hurts transport companies amid fears of public gatherings
COVID-19 hurts transport companies amid fears of public gatherings
HCM City (VNS/VNA) – Domestic transport companies have been hit hard by the novel coronavirus disease (COVID-19). Transport companies say they are losing millions of dollars due to falling demand caused by novel coronavirus fears. (Photo: VNA) Duong Tri Thanh, general director of national flag carrier Vietnam Airlines, said the epidemic has significantly reduced demand on both domestic and...
Goods customs clearance resumed at Tan Thanh Border Gate
Goods customs clearance resumed at Tan Thanh Border Gate
(LSO) - Customs clearance procedures for goods were resumed at Tan Thanh Border Gate in Lang Son province, which borders Guangxi province of China, from February 20. The decision was made by the Lang Son People’s Committee a day earlier at the proposal by provincial departments and agencies following a discussion with the Pingxiang administration, according to Phan Hong...
Farm produce prices slump as COVID-19 hits exports
Farm produce prices slump as COVID-19 hits exports
HCM City (VNS/VNA) - The suspension of trade in aquatic and agriculture products at some northern border gates with China as a measure against the novel coronavirus (COVID-19) has caused a demand-supply imbalance in the market. Vegetable for export (Illustrative image. Source: VNA) The fisheries sector is facing a number of difficulties because of the epidemic. According to the...
Development chances for sugar sector still ahead: PM
Development chances for sugar sector still ahead: PM
Hanoi (VNA) – Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18. Farmers in Tam Da commune of Son Duong district, the northern province of Tuyen Quang, harvest sugarcane (P\hoto: VNA) At...
Financial support still pie in the sky for supporting firms
Financial support still pie in the sky for supporting firms
Hanoi (VNS/VNA) - Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting industry, few have been able to make use of said policies, industry insiders have said. Workers at a factory in Hung Yen province. Many supporting industry firms are in dire...
Reference exchange rate revised down 4 VND
Reference exchange rate revised down 4 VND
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,214 VND per USD on February 18, down 4 VND from the previous day. (Illustrative photo: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,910 VND/USD and the floor rate 22,518...
Air travel falls 20 percent on COVID-19 outbreak: authority
Air travel falls 20 percent on COVID-19 outbreak: authority
Hanoi (VNA) – The outbreak of the acute respiratory disease caused by a new coronavirus (COVID-19) has resulted in a 20 percent drop in the number of the passenger flying via Vietnamese airports as compared to the same time last year, according to the Airports Corporation of Vietnam (ACV). Officials examine COVID-19 prevention and control at an airport...
Challenges hinder development of renewable energy
Challenges hinder development of renewable energy
Hanoi (VNA) – Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, according to a survey by international consulting firm Grant Thornton, but the development of such projects has been hampered by a number of challenges. Illustrative image (Source: VNA) The renewable energy sector jumped from the 10th spot in the same survey...
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