The European Union (EU) is considering a proposal to reduce food safety control measures on instant noodles imported from Vietnam, according to the Vietnam Trade Office in Belgium. Since February last year, 20% of Vietnamese instant noodle shipments exported to the EU have been subject ethylene oxide level inspections, and …
Read More »Vietnam Aircraft Leasing Co. to make 9th attempt to auction an ATR-72 aircraft
An ATR-72 plane owned by the Vietnam Aircraft Leasing Co. is about to be auctioned for the 9th time, with the starting sale price reduced by over one-fifth of the original one. The plane, manufactured in 2010, had been leased to VASCO, a carrier under Vietnam Airlines, which stopped operating …
Read More »The man who made once discarded farm produce fashionable
After once seeing aloe vera plants being uprooted because demand evaporated, Nguyen Van Thu decided to quit his cushy banker’s job and work to add value to agricultural products. In 2008-10, as a senior executive at a large bank in Ho Chi Minh City, he often went to the countryside …
Read More »Carriers reschedule flights to Germany due to airport strike
Vietnam Airlines and Bamboo Airways announced their flights to and from Frankfurt International Airport on Monday will be rescheduled due to an upcoming strike at Germany’s biggest aviation hub. Vietnam Airlines said Flight VN36 from Frankfurt to Hanoi would depart at 11:15 a.m. on Tuesday, instead of Monday afternoon as …
Read More »Yellow iPhone 14 prices drop with demand
Authorized Apple retailers in Vietnam have lowered prices some 18% on the newly-launched yellow iPhone 14 and iPhone 14 Plus to boost sales in the sluggish mobile market. On the two phones’ launch date, Wednesday, in Vietnam, FPT Shop and The Gioi Di Dong offered the phones at their listed …
Read More »Mangrove worm a staple in Saigon’s beloved porridge
A 40-year-old Chinese-style porridge shop in Saigon is well-known for its unique topping: mangrove worms. The unnamed porridge shop in Tan Phu District sells porridge cooked in the style of the Teochew people, who originated in southeast China, which is served with shrimp, fish, pork intestines, and trung bien -mangrove …
Read More »British explorers discover 5 new caves in central Vietnam
During an assessment from March 12 to 16, the British Royal Cave Association (BCRA) discovered five new caverns in the limestone mountains in Quang Binh Province. All of them are wet caves, although some have dry branches. Hung Tru 1 cave is 1,919 meters long, Hung Tru 2 cave is …
Read More »Industrial production shows glimpses of recovery
The manufacturing sector is showing signs of revival but a full-blown recovery is only likely in the second half of this year at the earliest, analysts said. With an estimated 80,000 factory workers laid off in the first two months amid plunging orders since the third quarter last year, industrial …
Read More »Gold prices ease
SJC gold price dropped 0.07% from Friday closing price to VND67.3 million ($2,860.79) per tael Saturday morning. Gold ring price fell 0.18% to VND55.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold dipped on Friday in a volatile week that saw bullion prices north of …
Read More »Inflation likely to be 3.9-4.8% this year: finance ministry
The Ministry of Finance expects 3.9-4.8% inflation this year as against a target of 4.5%. According to the General Statistics Office, in March the consumer price index (CPI) increased by 3.4-3.5% from the same period last year. In the first quarter prices are expected to rise by 4.2-4.3% year-on-year, with …
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