VietNamNet Bridge – Nguyen Tri Hieu, a financial expert talks to Tien Phong (Vanguard) Newspaper on the importance for the country to create a level playing field to people from all social strata. Nguyen Tri Hieu. — Photo vov.vn Don’t you think the increase in the percentage of people getting rich from real estate, stock exchange and virtual currency has raised an alarm for Vietnam? In developed countries, the middle income class accounts for between 50-70 per cent of the country’s population. It is indisputable these people are the driving force for their national economic development. For Vietnam, we should be happy to have more and more people getting rich quickly. But, Vietnamese people, who are in the middle income class, are not evenly divided. The number of people who earn US$3,000 per month is much smaller than those with an income of US$1,500 – 2,000 per month. This is an issue for us to consider how to have more evenly distribution … [Read more...] about Narrow the gap between the rich and the poor
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The newly released World Ultra Wealth Report 2017 does not have current figures on the number of Vietnamese super-rich, but the 2014 and 2015 reports both showed there were over 200. In 2014, Vietnam had 210 super rich people with total assets of US$20 billion. In 2015, the number rose to 220, while total assets remained unchanged at US$20 billion. Of the 200 with assets of US$30 million and higher, or VND600 billion, 42 have assets public on the stock market, according to BizLIVE’s Top Rich website. The others are ‘hidden’ super rich, or those who hold assets at companies which don’t list shares on the stock market. The Wealth Report 2017 released by Knight Frank in early March showed that Vietnam is among the countries with the number of super-rich increasing rapidly. The report said in 2016 Vietnam … [Read more...] about How many super-rich are there in Vietnam?
Thursday, September 08, 2016 - 14:41:27 (VOVworld) – Beekeeping for honey production has recently developed in the Mekong Delta Region, bringing in hundreds of millions of US dollars in export revenue every year. The honey-bee has been selected as a domestic animal good at adapting to the Mekong Delta environment. Since its recognition as a collective brand, U Minh Ha Forest Honey as Ca Mau Province has become more available in domestic and foreign markets. There are thousands of households involved in beekeeping for honey production in U Minh Ha Cajuput Forest. Each household can manage up to one hundred beehives, giving them a relatively high income. Tran Van Nhi of U Minh District told us his story: “I’ve been doing this job for 39 years. Beekeeping for honey is the main occupation of farmers in U Minh Ha Forest. It takes 15 to 20 days to get honey from each beehive. It’s possible to collect honey after 12 days but only if there is an urgent need.” … [Read more...] about Beekeeping to get rich and respond to climate change in Mekong Delta Village life
Covering an area of 20ha in Hanoi’s outskirts of Son Tay, the New Zealand Rabbit Breed Centre supplies 10,000 rabbits annually of which 6,000 rabbits are breeders. According to the centre’s owner and general director Phung Van Toan, raising New Zealand rabbits is not common in Vietnam despite the fact that New Zealand rabbits are hardier, are more fertile and easier to raise in comparison with Vietnam’s rabbits. “In addition, raising New Zealand rabbits on an industrial scale will help to control waste management”, Toan said.Toan’s centre has three breeding facilities including a facility to raise rabbits for meat, a facility for breeding and a facility for copulation. Most of the facilities are equipped with modern husbandry technology such as ventilation systems, heating systems and auto feeding systems. Waste from rabbits is channeled to an underground biogas digester. Toan said in order to keep rabbits healthy, most of the rabbits are vaccinated … [Read more...] about Getting Rich from Raising Bunnies in Vietnam
With climatic and soil conditions suitable for the growth of mushrooms of various kinds, especially pharmaceutical mushrooms, the growing of red linhzhi mushroom in Dong Hoa commune (Trang Bom District, Dong Thap Province) follows an enclosed production chain of various steps, from breeding to culture and processing. Visiting a red linhzhi (a pharmaceutical mushroom species) farm of Tran Hong Thuy, who boldly invested more than 400 million dong in 2013, we can understand that red linhzhi growing does not take great effort provided the growers strictly comply with the technical process of various steps from gourd cutting, to strain steaming, planting, warming and different tending techniques. Mushroom farms must also be absolutely clean and airy, ensuring a temperature of 22 – 28 oC and humidity of 80-90%.The mushroom growing houses must be equipped with automatic watering systems, cement floors to maintain humidity for mushroom development and surrounding nets to prevent … [Read more...] about Getting Rich from Red Linhzhi