India’s Adani Group is exploring the possibility to invest up to $3 billion in seaport and renewable energy projects in Vietnam, the Vietnamese government said in a statement on Wednesday. The statement came after a meeting in Hanoi on the same day between Vietnamese Prime Minister Pham Minh Chinh and …
Read More »Pigs prices spike as fever, fluctuations cut supply
Pig prices have risen 20% from last month as African swine fever and market instability curbed supply. Spikes in pig prices were recorded across Vietnam this week, with the south experiencing the largest hikes as price tags rose to VND62,000 ($2.64) a kg. Retail prices at markets and supermarkets also …
Read More »Japan’s National Football League Urawa Red Diamonds Collaborates with Minkabu for NFT Launch, Powered by THXNET.’s Blockchain Infrastructure
TOKYO, JAPAN – Media OutReach – 4 December 2023 – Urawa Red Diamonds (Urawa Reds), a leading football club in the Japan League, has announced a landmark venture into the digital asset space through a collaboration with Minkabu, leveraging the advanced blockchain technology provided by THXNET. This initiative represents a …
Read More »China to accept durian grown in 293 more areas in Vietnam
China has approved another 293 farming areas and 115 packaging facilities in Vietnam for export of fresh durian to it, eight months after the two countries signed a protocol. Vietnam’s Ministry of Agriculture and Rural Development is working with China’s General Administration of Customs for the approval of another 400 …
Read More »Jewelry retailer PNJ posts 6% revenue decline
Jewelry retailer PNJ recorded a revenue of VND12.06 trillion ($513.36 million) in the first four months of the year, down 6.6% year-on-year. Its post-tax profit was VND859 billion, about the same as last year. Demand for jewelry, gold and luxury products fell in the first four months, according to a …
Read More »Low demand takes a toll on timber businesses
Timber businesses are struggling to find export orders, and are willing to grab even small ones to keep their head above water. Data from the General Department of Customs shows that exports of wood and wood products were worth only US$4 billion in the first four months of the year, …
Read More »ZJLD Group been Included in the FTSE Global Equity Index Series
HONG KONG SAR – Media OutReach – 4 December 2023 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce its inclusion in the FTSE Global Equity …
Read More »Retailers anticipate business to pick up in year-end shopping season
It is forecast that consumer demand for essential goods will surge during the Lunar New Year, so many businesses have implemented plans to stock up on goods and negotiate with suppliers to ensure supplies. — VNA/VNS Photo HÀ NỘI — Retailers in Việt Nam are increasing inventory and have …
Read More »Government seeks lawmaker approval on VAT cut
The Vietnamese government on Wednesday presented a proposal to the National Assembly to cut VAT from 10 to 8% to boost economic recovery. The government seeks to impose the policy in the last six months of this year, though it does not cover a number of sectors, including property, banking, …
Read More »HCM City to add 4,000ha for industrial production
The Sài Gòn Hi-Tech Park (SHTP) in HCM City. — VNS Photo Nguyễn Diệp HCM CITY — The HCM CITY People’s Committee has ordered relevant agencies and departments to add an additional 4,000 hectares of land for industrial production. The Office of the municipal People’s Committee has announced that the committee requested the …
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