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Garment and textile exports increase 10.5% in seven months
Saturday, 2019-08-10 17:06:02 Font Size: |
NDO – The export revenue of Vietnam’s garment and textile industry was estimated at US$18.34 billion in the first seven months of 2019, a year-on-year increase of 10.5%, according to a report from the Ministry of Industry and Trade (MoIT).
The export revenue hike was due to opportunities and market expansion as the result of the signing of free trade agreements (FTA) such as the CPTPP, with a tax exemption roadmap to 0% and other incentives.
In addition, the signing of the EU-Vietnam FTA in June 2019 is also expected to help the Vietnamese garment and textile sector to penetrate wider into the EU market.
In the January-July period, the production of fabric from natural fibers went up by 8.4% while fabric from synthetic fibers rose by 11.5%. The production of casual clothes also increased by 8.8% compared to the same period last year.
The export revenue of footwear of all types also surged by 13.8% year-on-year to reach US$10.4 billion in the first seven months of 2019.
The MoIT said that the despite increasingly large export revenue, Vietnam’s apparel and footwear sectors maintain dependence on foreign direct investment (FDI) enterprisesand mainly do outwork with a large proportion of materials being imported.
The ministry also suggested that enterprises in these areas should establish production chains and meet the rules of origin of FTAs to take advantage of incentives and compete with other rivals.
Two days ago news out of VN predicted they could be facing the worst droughts in their history,.. but in the meantime flooding
from typhoon rains could wash VN away.
PHOTOS IN THE COUNTRYCULTURE & SOCIETY
Hanoi: Heavy rain, Thang Long avenue flooded in the sea
August 4, 201 16:30 | VNA |
Heavy rain during 2 days in Hanoi due to the impact of typhoon No. 3 making Thang Long boulevard area, the intersection of Bao Son Paradise flooded 40 - 60cm in both directions to the inner city and towards Hoa Lac. The deep flooding from August 3 to August 4 has not shown signs of draining water. Hundreds of strenuous motorbikes, cars, buses, and containers line up through this "miserable" road. Photo: Thanh Dat - VNA
Did KT ever think he might need biblical insurance?
"The best-laid plans of mice and men often go awry"
SCI-TECH & ENVIRONMENNT
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Drought, water shortages pose a big threat for Vietnam
https://vietnamnet.vn/en/sci-tech-environmennt/drought-water-shortages-pose-a-big-threat-for-vietnam-555549.html
Very best wishes to you and your family, May your wife have a complete and speedy recovery.
"Are we really down to "be super afraid of China" now? Wow."
NO! But when I started reading the plethora of posts about how they
just couldn't duplicate the science I just had to LOL.
Im sure china would never infringe on another counties IP.
https://scholar.google.com/scholar?q=china+uses+crispr+talen+gene+editing&hl=en&as_sdt=0&as_vis=1&oi=scholart
https://news.usni.org/2015/10/27/chinas-military-built-with-cloned-weapons
"But we can’t sell Texas project. Kim owns that land and we lease it."
HA HA, very good did 't see that.
"It’s not even close to dire."
Sorry but any time I start loosing money I consider it to be dire.
As far as the the rest What?
A recent post said something like "We know how frugal Kim is"
The fact of the matter when it comes to himself hes not frugal at all from a business stand point. I know iv'e said it again,again, and again to listen to the Dec. 2015 CC. He said they probably
could have produced a silk and made some money,but to what end.
he wants to produce a super spider silk that will knock their socks
off, from his perspective and showcase KBLB and himself to the world
If kbl had been making money while trying to conserve money maybe
we wouldn't be boxed into a corner using RS.etc. and perhaps they could of gotten a favorable loan that was manageable.
How many needless years did they continue to use Calm Seas?
At the time of CC they had 17 strains,so they say, if their not going to ever use them then sell or lease them if you can.
Including Monster silk & Big red.etc.
Hate to say it, but you have to talk salaries which includes Ben.
If nothing is going on down in Texas. Sell it too.
OUCH! Your back keeping it real.
Here are just three recent examples of post regarding views of those who have attended the KBLB SH meeting.
You be the judge:
Is it just me or do they sound a bit weird as if you could use
The phrase “drinking the Kool-Aid” or the movie
"Invasion of the Body Snatchers"?
Please try not to be nasty towards me, I'm just expressing an opinion, and hold no ill intent.
At what point in the meeting did they deliver the tabulation of the
proxy. Just curious to know what the results were...Thanks
Thanks, Much appreciated.
"Calm Seas and any broker-dealers who act in connection with the sale of its shares are “underwriters” within the meaning of the Securities Act, and any discounts, concessions or commissions received by them and profit on any resale of the shares as principal may be deemed to be underwriting discounts, concessions and commissions under the Securities Act."
First off I better remember to add quotes, last post i messed up.
Your post really caught my attention. I bought some kbl's in 2009 and later sold them still in 2009 later after the Notre Dame announcement in 2010 I started buying shares over the years and have never sold so it sounds like according to your post that i may qualify for that tax relief? Was calm seas their only source of finance until they got dropped?
I'm now trying to read out of order so if anyone has added to this I'll try to catch up or not.
No Problem. Thanks for trying to help out .
E*TRADE just emailed them, filled them out and hit complete. I’m surprised they didn’t email you the forms to fill out.
I already said I tendered my proxy days ago. I did it via the internet.
I don't have an account with E TRADE. Maybe i should.
I was transplanted from scottrade to TD in their buy out.
"Just got my proxy in the mail today - day before the meeting. smh"
If you didn't recieve it at least 7-10 days prior to the meeting even with over night mail good luck.
Scottrade always mailed a proxy vote in enough time to either mail it back or send it in via the internet.
I went thru TD Ameritrade where a broker connected me to to the office that handles those things. A very nice person asked me some questions to verity that it was who i said I was. he gave me a control number,instructions,and what to expect.
It was easy peasy
There was one more important thing you have to do, but I just can't think of it right now. Oh well hope this might help you or others.
ps. Of course you have to have an account with them.
"Not sure how much of a Q&A Kim plans to hold but hopefully those of you going get a chance to ask some questions."
That's what i was wondering when they decided to put in a proxy vote not to conduct any other business that was not on the list.
Of course you know with kim's shares it already a done deal.
Maybe he will... will see. personally I don't think kim is into taking any tough questions that was not on the venue.
https://www.danteco.com/
Really,all this talk and you mean to tell me no one else has cast a vote yet? LOL
Is it common for one of the questions on the proxy was to
decide whether other business should be allowed at the meeting?
Vote Yes
Vote No
Abstain
May be those Oompa Loompas were too busy elsewhere loading the truck up whith cheap shares of KBLB.
What happened with the Prodigy photo shoot seems to have inadvertently caused unintended consequences.
If the inside is as bad,same,slightly worse or better then the outside then you've just opened a whole can of worms.
The SH's should be entitled to know because it will determine a host
of things like what stage kblb is at regarding production,quality,
consistence, cost., and SH's need this information before the SH meeting and not after the proxy vote. IMO that could later influence
RS and up listing.
If the inside is say better then the outside you would think kim
would immediately correct any misperceptions that SH's may have had due to the outside photos...If he chooses not to respond SH will see this as an admission.
IMO kim seems to have this special ability where he won't give any
hard informational facts, but will drop just a few telltale hints and the kblb SH's will pick up on it scrutinize, analyze and build
it out until its way out of proportion so what they think will take 3rd or 4th Qrt turns out to be years.
Sorry if I may have stepped on any post that may have sounded similar. I just ran out of gas trying to play catch up on hundreds
of posts.
"Good Night and Good Luck"
I don't know about the stock filling the gap, but i sense there could be a big one on ihub soon.
"What exactly did they not report on that they should have? "
sure how about what happened on the latest trip to VN.
I don't know how long you have been a kbl sh, but over the course of
10 years I don't know of many who would say he was a great communicator.
"August going to be a boon month I predict."
How many times did you rightfully call out kim for not having a CC.?
He should of kept us much more informed with pr's and at least a CC
before going straight to a short notice SH meeting.
That's just the way he thinks. He obviously got enough blow back
that it came to his attention to get off that letter. IMO
Today was painful and had to be one for the books.
When I saw Kimberly AKA as the idiot announce a SH meeting I knew right then what does he want this time.
What he wants imo is total liberation from all constrains, liabilities and accountable to none.
Now, those who think up listing is such a good thing you may want to
think about it again. If you think day traders will bug out, wait until you up list you'll find traders who have bu ku bucks,they'll
take one look at kbl and see the supposed CEO the great communicator
has accomplished in the last ten years and LOL. They'll check the
product,the quality, consistency,financing,production, sales,etc.
If they find some of these things to be deficient, they'll lick their beaks like a vulture or a shark on chum and be allover kbl.
Now i have a question, Why do many SH's think kim will support them.
PS. I apologize if i'm stepping on anyone's post,I just could't
finish reading all of them.
I saw that last SH meeting as a way for kim to solidify his total
grip on kblb and eliminate any loose ends.
" there can be but only one"
Will soon see how the next meeting plays out for kim, the shareholders, and where the SP will take us.
Thumbs up or thumbs down.
'
In Lakota mythology, Iktomi is a spider-trickster spirit, and a culture hero for the Lakota
" LAKOTA SILK"
When i was with Scottrade I would receive proxies on other stocks
well in advance of the SH meeting, but when it came to KBLB's last SH meeting I never received a proxsy.
The only way i heard about what transpired was after the meeting when I heard about what happened on IHUB
I think kim deliberately schedules these short notice meetings to limit the turnout because he's not comfortable with a large crowd., and less chance of too many hard questions.
Will see what happens this time.
PS. I'm now with TD Ameritrade.
Something does't seem right,did I wake up in an alternate universe?
SP is the only thing that looks about usual.
Does anyone know if KBLB still has an office in Hanoi,if it does whose in it Kenneth Lee perhaps?
If so maybe one should get in touch with them
first to see if they can give you guidance and you let them know why your interested in Prodigy. They may even give you a tour of the place and allow you to take as many pictures as you please.
Sounds better than trying to find the place and slinking around with a camera that could get you trouble.
Just a thought.
Good luck to you Luv Silk, be safe and enjoy your stay in Vietnam.
kblb #2 on most reads for last 24 hours.
Shy by 200 reads from fist place.
Reads 51,472
"To be honest my father, who is in his 70s and owns as much as I do said the same thing. Very short notice on meeting. Any other thoughts ?"
I get suspicious when kim gives short SH meeting notice.
"So what does the (dishwasher) long term Shareholder do?"
if no news is forthcoming?
The above is mostly from a TV. Ad.
To those who post on Kraig Biocraft Laboratories Inc. (KBLB)
on IHUB, and especially those who do discovery and provide
links to share with all on this board deserves a big shout out.
I know many times it sounds and looks and feels like this
https://image.vietnamnews.vn//uploadvnnews/Article/2019/2/19/93WLHjy42731242PM.jpg
Good point,
This could be a pivotal day. So buckle up and hold on tight.