United states housing bubble

  The Cubanitas by Diana Markosian won the First Prize of the Contemporary Issues. The photo is among 150 single photos that won the 62th World Press Photo contest, are on display to the public at Lê Thái Tổ Square in Hà Nội. HÀ NỘI — The World Press Photo (WWP) Exhibition 2019 – Stories that Matter was launched in the capital yesterday. As many as 150 single photos which won the 62th World Press Photo contest featuring multi topics, from migration, war zone to animals in the wild, gender identity were displayed at the exhibition. The exhibition was co-organised by Hà Nội People’s Committee, Embassy of the Kingdom of the Netherlands in Hà Nội and MatCa Foundation. Being one of the world’s leading contests for professional press photographers, photojournalists and documentary photographers, the event presents the best visual journalism of the year, following last year’s successful … [Read more...] about Photo exhibition really puts you in the picture

The situation, however, has produced both opportunities and challenges for Vietnamese enterprises in building a trademark for local farm produce that is recognized in foreign markets. Cao Thi Kim Lan, director of Binh Dinh Fishery JSC, said that due to the European Commission’s  yellow card on Vietnam’s seafood exports to the European market, 100% of the firm’s exported seafood products were being detained at destination ports for check. The firm has faced multiple difficulties in meeting requirements related to the origins of legal fishing products. Of the 10 fishing boats supplying these materials, the company has only made purchases from three or four boats that have succeeded in meeting the requirements, while the remaining boats failed to sell their products as their owners could not present any fishing diaries or identify their fishing locations. Keeping detailed diaries on fishing practices seems strange to fishermen who are used to traditional fishing … [Read more...] about Foreign markets tighten control on origin traceability

Crude prices rallied after Iraq's oil minister said OPEC and other top producers could consider File photo of a crude oil pipeline. (Photo: AFP/DAVID MCNEW) Friday's so-called OPEC+ meeting included Russia, the world's second-largest oil producer and not a member of the cartel. It ended with a deal for a cut effective as of Jan 1 which sets an output target 1.7 million barrels per day lower than October 2018 levels, with Saudi Arabia and Russia making almost half the additional reductions between them. In a surprise move, the bloc also announced that several participating countries, "mainly Saudi Arabia", would make additional voluntary cuts bringing the overall cut to more than 2.1 million barrels per day. World oil prices surged in response, with US benchmark WTI and its European counterpart Brent both rising two percent in an initial reaction before settling down at levels around 1.3 per cent higher on the day in the late European afternoon. On Thursday, a meeting of OPEC … [Read more...] about OPEC agrees oil output cuts after much ‘brain squeezing’

  Officers of Cốc Nam Customs Department in Lạng Sơn Province, which shares a border with China, perform a check on imported products. — VNA/VNS Photo Hoàng Hùng HÀ NỘI — Economic and trade relations between Việt Nam and China have been developing in a positive direction, as shown by the continuous increase of bilateral trade turnover between the two countries. Việt Nam is fast becoming an attractive investment destination for Chinese enterprises. According to the Foreign Investment Agency under the Ministry of Planning and Investment, China invested about US$1.6 billion in Việt Nam in the first fourth months of this year, making it the country’s fourth largest source of foreign investment. Several large projects were funded by Chinese investors in the period including a tire manufacturing project with total registered capital of $280 million in the southern province of Tây Ninh and another tire … [Read more...] about Việt Nam, China trade ties continue to develop

Tens of thousands marched in the Spanish capital Madrid to demand climate action at the UN talks (AFP / OSCAR DEL POZO) A day after tens of thousands marched in the Spanish capital demanding climate action, seven environmental groups raised concerns to AFP over the role of fossil fuel representatives at the COP25 summit. Under the 2015 Paris Agreement, nations agreed to limit global warming to "well below" two degrees Celsius (3.6 degrees Fahrenheit) and as close to 1.5C as possible. The UN's top science panel says that 1.5C would require a radical drawdown in fossil fuel usage. Delegates are gathered in Madrid negotiating how to implement the Paris pledges. The summit was moved at short notice after domestic unrest forced original host Chile to cancel. Spanish energy giants Endesa and Iberdrola stepped in to sponsor the conference, which brings together more than 20,000 negotiators, scientists, NGOs and journalists from around the world. AFP has been told that each company paid 2 … [Read more...] about Fossil fuel groups ‘destroying’ climate talks: NGOs