It was recorded on May 16 that at a fast food shop on Hai Ba Trung Street, District 3, the price of banh mi with ham was adjusted from VND20,000 per loaf to VND25,000 per loaf; Vietnamese pork bologna and Vietnamese rice pyramid dumplings also had new prices. The sellers said that the prices of Vietnamese pork bologna, baguette, and herbs all went up, so they were forced to raise the selling price. Although the selling price is increased, it is only to compensate for the slippage, not to make a profit. At a store in Tan Chanh Hiep Ward in District 12, specializing in selling fried Vietnamese pork bologna and Vietnamese square Northern sticky rice cakes, the prices rose by VND5,000-VND10,000 per item. For example, a one-kilogram Vietnamese square sticky rice cake costs VND80,000, an increase of VND5,000; Vietnamese pork bologna and grilled cinnamon pork paste fetch VND230,000-VND240,000 per kg, up VND10,000 per kg. Moreover, the home delivery fee is also higher than before, from … [Read more...] about Consumer goods increase continuously, supermarkets pledge to stabilize prices
Import wholesale clothing from china
Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. Cargo handling at Dinh Vu port, Haiphong. Photo: Cong Hung In its latest report, the World Bank pointed out the robust growth of industrial production by 9.4% in April, comparable to pre-pandemic rates. Manufactures of apparel, footwear, electronics, electrical equipment, and metal products were the most dynamic sub-sectors, registering double-digit growth rates, it added. However, machinery manufacturing slowed from 26.6% year-on-year in March to only 5.1% in April. This deceleration was related to supply chain disruptions caused by lockdowns in China, which led to a … [Read more...] about Vietnam’s economic recovery gaining momentum
Passengers on Vietnam Airlines ' flight were welcomed with a cloth bag and card conveying the message of environmental protection, all made from environment lly-friendly materials. (Photo courtesy of Vietnam Airlines) Hanoi (VNA) – The national flag carrier Vietnam Airlines has participated in "The Sustainable Flight Challenge" (TSFC) programme, launched by SkyTeam Airline Alliance, with the first flight from Hanoi to the Republic of Korea’s Seoul. The programme aims to encourage ideas for aviation sustainable development , further reduce aviation’s impact on the environment and spur breakthrough ideas that can be shared across the industry. It has drawn the participation of 16 airlines from many countries including the United States, France, Italy, the Netherlands, Spain, China and the Republic of Korea. Participating carriers will be judged across 14 categories by an international panel of judges with members who are experts from related fields. The winners … [Read more...] about Vietnam Airlines joins SkyTeam’s Sustainable Flight Challenge programme
The following is the full text of the speech. “SINCERITY, TRUST AND RESPONSIBILITY FOR A BETTER WORLD” Dear Dr. John Hamre, President and CEO of the Center for Strategic and International Studies, Ladies and gentlemen, I am very happy to visit the Center for Strategic and International Studies for the first time today, though this is far from the first time I hear of the CSIS, a top American think tank in the field of foreign strategies and policies and international issues. Seventy-seven years ago, President Ho Chi Minh, the national hero of Vietnam and great man of culture, prefaced the Declaration of Independence establishing the Democratic Republic of Vietnam with this untarnishable fact, “All men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are Life, Liberty and the Pursuit of happiness.” This was the spirit enshrined within the 1776 Declaration of Independence of the United States of America; it … [Read more...] about Remarks by PM Pham Minh Chinh at CSIS in Washington D.C.
People choose food products at a Saigon Co.op supermarket in HCM City. — VNA/VNS Photo To strengthen food safety, HCM City’s Food Safety and Hygiene Management Board will closely monitor foods sold by retailers to ensure customers buy products with clear origin. City authorities are also encouraging consumers to buy products with clear labels on origin. The board, the city Department of Industry and Trade, and supermarkets and convenience stores have been instructed to keep strict control over food quality. Pham Khanh Phong Lan, head of the board, said food production, processing, distribution, and import-export establishments would be closely monitored. "Consumers like to buy food at traditional markets because they may be cheaper" but some products lack clear origins, she said. "Upgrading food quality in traditional markets and enhancing modern distribution systems is essential." Enterprises must comply with food safety regulations, work with the board to carry out … [Read more...] about HCM City strengthens food quality control
Workers during a shift at an animal feed factory in northern Ninh Bình Province. — VNA/VNS Photo Thống Nhất HÀ NỘI — While Việt Nam's economic recovery was gaining momentum, the Government must pay more attention to "inflation and heightened risks of weaker global demand and supply disruptions to economic prospects", said a World Bank report on the South East Asian economy for May. Major disruptions to look out for include the uncertainty due to the ongoing Russia-Ukraine conflict and supply issues caused by lockdowns in China. The report said if higher inflation persists in the medium term, the economy should be allowed to adjust to higher prices with the authorities incentivising investments to increase productivity and aggregate supply. To mitigate risks to export performance, diversifying trade partners would be a prudent strategic consideration. During the month of April, the country's industrial production index grew by 9.4 per cent, comparable to the pre-pandemic … [Read more...] about WB warns of heightened risks looming
Prime Minister Phạm Minh Chính held a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time). — VNA/VNS Photo Dương Giang HÀ NỘI — Việt Nam will continue bringing into play its role and making more active and constructive contributions to the common work of the United Nations in all the three pillars – security-politics, development and human rights, Prime Minister Phạm Minh Chính has said. At a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Việt Nam’s UN membership. Appreciating the UN’s valuable contributions and support to Việt Nam over more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other UN leaders to visit Việt Nam this year to foster multi-faceted cooperation between the two sides. Chính reiterated Việt Nam’s strong commitments … [Read more...] about Việt Nam to play more active role at UN: PM
Viet Nam will rise to the second position in Asia in terms of pork consumption this year. — Photo laodong.vn The Organisation for Economic Co-operation and Development (OECD) forecasts that Viet Nam will rise to the second position in Asia, after China, in pork consumption this year. Accordingly, pork consumption in the country is forecasted to reach 3.4 million tonnes this year, with an annual growth rate of 3.1 per cent in 2022-30. The Ministry of Agriculture and Rural Development (MARD) said that the reopening of restaurants, schools, and factories was driving up demand for meat consumption. Live hog prices have grown slightly in some areas. Currently, the average cost of live hogs across the country fluctuates in the range of VND53,000-58,000 (US$2.3-$2.5) per kg, an increase of VND1,000-3,000 per kg compared to the end of March. The price of live pigs will likely continue to rise when the cost of livestock and petrol is high, but it is unlikely to increase dramatically … [Read more...] about VN pork consumption forecast as second largest in Asia
Illustrative photo. (Source: VNA) Hanoi (VNA) – It will be a challenge to keep Consumer Price Index ( CPI ) growth under 4 percent this year, according to an economist. Vietnam's CPI picked up 2.1 percent in the first four months of 2022 , much higher than the same period last year’s 0.89 percent but still lower than that of 2017 (4.8 percent) and 2020 (4.9 percent), commented Dr. Tran Toan Thang, head of the Department of Industrial and Business Forecast at the National Centre of Economic Forecast and Information. April CPI advanced 2.09 percent compared to December 2021 and 2.64 percent year-on-year as a result of an increase in prices of nine out of eleven commodities and services. Prices of transport services surged 16.59 percent last month, causing the overall CPI to gain 1.6 percentage points. As major economies like the EU, US, and UK are seeing inflation climbing to record highs in decades, it still looks okay for Vietnam, he said. However, he warned that … [Read more...] about Keeping CPI below 4 pct this year a challenge: Economist
My father taught me how to swim when I was five. He took two coconuts and secured them together with a cloth to make a makeshift buoy. I used it to keep afloat as I flailed at the water in the middle of a flooded field. When I figured out how to stay afloat, my father took away the coconuts and planted two poles, two meters apart, in the water. I had to swim from one to the other. With each passing day the poles got further apart. One day I was able to swim all the way to the furthest part and make it back to land safely. It was how I and my siblings learned to swim. It was how all the kids in the Mekong Delta did. Our parents were not professional coaches, and merely passed down their experience to their children. Yet I rarely heard of anyone drowning in my hometown. My father said parents started thinking about teaching their children how to swim as soon as they were able to walk. It only takes a small mistake to lose one's life in the waters of the delta. We used to get … [Read more...] about Who is to blame when kids drown?