Aquatic export turnover falls by 9.1%

Update: August, 04/2015 - 09:52
Aquatic product export turnover in the first seven months of the year in the Mekong Delta reached US$ 2.14 billion, a drop of 9.1 per cent year-on-year.

The delta's rice export turnover reached $660.8 million, a fall of 25 per cent year-on-year.

However, turnover of vegetable exports from the region climbed nearly 15 per cent year-on-year, accounting for 50 per cent of the nation's vegetable export turnover.

Lao Dong (Labour)

JICA helps enhance e-customs efficiency

The Japan International Cooperation Agency (JICA) said that it would continue to fund a technical assistance project to enhance the efficiency of the Viet Nam Automated Cargo and Port Consolidated System and the Vietnam Customs Information System (VNACCS/VCIS), which officially started this month.

The project, carried out from August 2015 to June 2016, is expected to reach three targets: defining future orientation for enhancing the capacity of VNACCS/VCIS; simplifying and improving post-customs clearance inspection; and improving customs officers' skills in risk management.

It follows the project "Promoting E-customs in Viet Nam" that finished in July.

Dau Tu (Viet Nam Investment Review)

Cooking gas price drops by VND8,000

The retail price of a 12-kilo cooking gas container fell by VND8,000 compared to last month, marking the third consecutive monthly drop. A container is now priced at VND275,000-285,000.

The prices of 45-kilo and 50-kilo containers are VND1.07 million and VND1.19 million, respectively, per unit.

Gas trading firms cut the price after Saudi Aramco set the contract price for this month at US$382.5 per tonne, down $27.5 per tonne against last month.

The Saigon Times Daily

Dak Nong plants 24,000 pine trees

The Central Highlands Province of Dak Nong's Forest Management Department last Saturday planted 24,000 pine trees covering 15ha of protective forest along Ho Chi Minh Street. Residents had cut down trees in the forest for building and farming.

The pine protective forest was planted in 1978-79 with original area of 400ha. Besides the protective function, it also provides a beautiful landscape for the 30km-long Ho Chi Minh Street that runs from Dak Song District to Gia Nghia Commune.

Sai Gon Giai Phong (Sai Gon Liberation)

Gov't to stop offering credit guarantees

Dang Quyet Tien, deputy head of the Corporate Finance Agency under the Finance Ministry, said on Sunday that the ministry has asked state-owned companies to take the initiative to issue international bonds themselves and not wait for the government to offer credit guarantees.

The policy aims at decreasing the burden on the national budget and ensuring equality among all kind of companies, not just state-owned firms.

The State only provides a credit guarantee for poverty alleviation programmes and major projects unable to mobilise capital. Tien said that state-owned companies, after restructuring, would have to mobilise capital on their own from 2017.

Several state-owned companies like Viet Nam National Textile and Garment Group, Vietnam Airlines, Vietnam National Petroleum Group and others will have to issue international bonds beginning in the 2016-17 period.

Tuoi Tre (Youth)