Phu Yen seamen gain big tuna catch

Fishermen in central Phu Yen province are enjoying a productive spell, with 70 percent of tuna fishing boats bringing back 1.5-3 tonnes of ocean tuna each voyage.
Fishermen in central Phu Yen province are enjoying a productive spell,with 70 percent of tuna fishing boats bringing back 1.5-3 tonnes ofocean tuna each voyage.

According to Captain Nguyen Ngoc Ryfrom the Tuy Hoa border post, more than 80 trawlers of fishermen livingin Ward 6 and Phu Dong Ward have anchored and enjoyed higher yields ofthe fish than that on the first days of this year.

PhanThuan, chairman of the Ward 6’s Fishing Union, said 70 percent of tunafishing vessels made profits of 70-80 million VND (3,290-3,760 USD) fromeach offshore fishing voyage.

Although the price of tunadropped to 135,000 VND (6.34 USD) per kilogram from 170,000 VND (7.99USD), local fishermen still made a profit thanks to their additionalcatches of other fishes to make up costs for the fishing voyages, whichnormally last for 20-25 days.

According to the provincialDepartment of Agriculture and Rural Development, Phu Yen’s catch ofocean tuna has reached 1,900 tonnes since the beginning of the fishingcrop.-VNA

See more

Can Tho, Belarus eye trade, investment opportunities

Can Tho, Belarus eye trade, investment opportunities

Belarusian Consul General in Ho Chi Minh City Alexander Sidoruk said his working visit to Can Tho city exposes ample untapped economic potential. The Belarus side brings strengths in exporting fertilisers, crop protection chemicals, agricultural equipment, and high-tech products, and is interested in importing Vietnamese rice, coffee, rubber, seafood, and dairy products.

Retail fuel prices are simultaneously reduced from 15:00 on May 14. (Photo: VNA)

Retail fuel prices cut from May 14 afternoon

Retail fuel prices were simultaneously reduced from 15:00 on May 14 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and and the Ministry of Finance, with E5RON92 biofuel recording the sharpest decline.

A chip assembly and testing plant of Intel at the Saigon Hi-Tech Park in Ho Chi Minh City (Photo: VNA)

Intel deepens engagement in Vietnam’s semiconductor industry

According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.

A customer purchase E10 biofuel petrol at a PVOIL filling station on Thai Thinh street in Hanoi. (Photo: VNA)

Biofuel ready for nationwide rollout

For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.

An automobile assembly line of the THACO Truong Hai Group in Da Nang. (Photo: VNA)

Da Nang promotes investment attraction to achieve over 11% growth

Da Nang's foreign direct investment (FDI) attraction showed strong growth, reaching 237.7 million USD, double the level recorded a year earlier. The city granted licences for 47 new FDI projects, approved capital adjustments for 16 projects and recorded 10 transactions involving capital contributions and share acquisitions in economic organisations.

Deputy Prime Minister Nguyen Van Thang speaks at the forum. (Photo: vneconomy.vn)

Vietnam pivots to selective, high-quality FDI attraction for sustainable growth: Deputy PM

The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.