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Business

India’s Adani Group weighs $3B investment in Vietnam

India's Adani Group weighs $3B investment in Vietnam

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 …

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Pigs prices spike as fever, fluctuations cut supply

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 …

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Japan’s National Football League Urawa Red Diamonds Collaborates with Minkabu for NFT Launch, Powered by THXNET.’s Blockchain Infrastructure

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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 …

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China to accept durian grown in 293 more areas in Vietnam

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 …

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Jewelry retailer PNJ posts 6% revenue decline

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 …

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Low demand takes a toll on timber businesses

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, …

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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 …

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Government seeks lawmaker approval on VAT cut

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, …

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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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