Bac lieu

Low selling price Bac Lieu Province has two districts engaged in the salt farming industry, namely Dong Hai and Hoa Binh. Ben Tre has Ba Tri District with more than 1,020 hereditary salt-farming households in four communes, consisting of Bao Thuan, Bao Thanh, Tan Thuy, and An Thuy, with a total area of 850 hectares. The salt farming area in Bao Thuan and Bao Thanh communes alone accounts for 600 hectares. These are also the two communes recognized by Ben Tre Province as salt making villages. Mr. Tran Van To, a farmer in Bao Thanh Commune, said that his family has been following the salt-making industry for a long time. The initial cost for his 6,000 square meters of salt evaporation ponds is a few million Vietnamese dongs. However, the price of salt at the end of the crop is merely at VND25,000-VND28,000 per bushel that is not enough to make up for the cost for hiring workers to carry salt from the ponds to the shore which costs VND6,000 per bushel. Thanks to severe hot weather, the … [Read more...] about Despite good harvest, salt farmers battered by low prices

During the period, 1,212 new projects were licensed with a total registered capital of $7.44 billion, up 15 per cent in capital thanks to the liquefied natural gas (LNG) plant project worth $4 billion in the southern province of Bac Lieu, but down 11 per cent in the number of projects year-on-year. … [Read more...] about FDI inflow to Viet Nam down 17% in Jan-May period

Additionally, there has been growing investor interest across Vietnam's wind sector over the past year, which has strengthened the pipeline significantly. Most notably, Enterprise Energy has plans to build the Ke Ga offshore windfarm in Vietnam with a 3.4GW capacity, which will be the largest offshore wind farm in the region if it comes to fruition. The project has registered some progress, given that PM Phuc has requested for a formal proposal for the project to be included into the country’s power development plan. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions

Participants at a conference to discuss major steps to fuel the recovery of tourism held on May 29 in Can Tho City – PHOTO: HUYNH KIM CAN THO – To boost domestic tourism after the coronavirus pandemic ends, a program to offer promotional tourism products and enhance the quality of services provided in the Mekong Delta will take place from June 1 to December this year, as part of the joint efforts of 13 provinces in the delta. … [Read more...] about Mekong Delta provinces discuss post-Covid-19 tourism strategy

Among the 54 localities receiving foreign investment in the period, the southern province of Bac Lieu ranked at the top with $4 billion. The southern province of Ba Ria-Vung Tau came second with $1.93 billion and Ho Chi Minh City placed third with $1.6 billion. … [Read more...] about January-May foreign investment inflows reach $13.9 billion, promising strong rebound