Ho chi minh city cu chi tunnels

HCM City (VNA) – Miki House, a Japanese children’s clothing and product company, opened its first store in Vietnam on February 25. The store is located at Akuruhi trade centre in District 1, southern Ho Chi Minh City. Senda Hiroshi, international business manager at Miki House, said the Japanese brand is popular among Vietnam’s high-income class. After five years of exploring partners in Vietnam, Miki House has decided to join this potential market, he added. The company selected Vi Bien – Akuhushi trading and service company limited to be its partner because this company has 20 years of experience in selling made-in-Japan products with a large number of Japanese and Vietnamese customers, he explained. Besides, through cooperation with Akuruhi as an exclusive distributor in Vietnam, Miki House hopes to become a shopping destination not only for Vietnamese customers but also foreign ones. Miki House is planning to open more two stores in Ho Chi Minh City … [Read more...] about Japan’s Miki House open first store in Vietnam

Accordingly, the Department of Industry and Trade will build a pork trading floor to create a public, transparent business environment that ensures the right to self-determination of farmers and aims at exporting; create brands, promote trade, and develop the market to boost the consumption of pork. At the same time, it will guide enterprises and cooperatives to build brand label for pork products. By 2025, the breeding stock must be of high quality and are able to compete with products imported from foreign countries, at the same time, provide the market around 1.2-1.6 million doses of semen. The total pig herd will be maintained at 200,000 pigs, of which, the sow herd will account for around 20 percent of the total pig herd, and the great-grandparent stock will reach 2,750, accounting for 5 percent of the total sow herd. The average pig farming scale will reach 200 pigs per household; the ratio of pig-farming households which get the VietGAHP certificates will be above 90-95 … [Read more...] about HCMC to build pork trading floor for exporting

Hospitals and health facilities in Da Nang have put on sufficient numbers of personnel, whilst also preparing medicines in order to provide isolation and treatment for each of the passengers. Elsewhere, the Ho Chi Minh City Center for Disease Control said that it has been collaborating with the International Health Quarantine Center in order to carry out quarantine activities for 575 passengers who arrived on five flights from the RoK on February 23 and February 24, with all of the passengers filling in medical declaration forms. … [Read more...] about Recent arrivals from epidemic hub in RoK put into quarantine in Da Nang

Last year, the number of banks and real estate enterprises that issued bonds to attract capital accounted for a large proportion of the market. In January this year alone, real estate companies lured more than 50 percent of the total amount of money mobilized in the bond market. In recent years, many large real estate companies have a capital value of tens of trillions of Vietnamese dong but their stock prices have dropped to below VND10,000 per share. Now, banking stocks have been experiencing the same situation. For instance, Saigon Hanoi Commercial Bank stocks (SHB) were below par value although its pre-tax profit exceeded VND3 trillion last year. Similarly, the price of Kien Long Bank’s stocks (KLB) also hovered at its IPO value. Even the price of Lien Viet Post Bank’s stocks (LPB) was merely above VND7,000 per share. When the stock prices plummet heavily, it means that the capital mobilization channel in the stock market is no longer attractive. Banks cannot issue … [Read more...] about Enterprises race to mobilize capital from corporate bonds

Meanwhile, Reuters reported that global gold prices surged more than 2.5 percent to over seven-year highs, $2,027 per tael, on Monday as the spread of new coronavirus disease (COVID-19) outside China and its potential impact on global economic growth spurred safe haven buying. … [Read more...] about Gold prices drop after soaring to record high in Vietnam