Just now, a new round of financial sanctions imposed by the United States on Russia formally came into effect. Since June 14, U.S. companies have been prohibited from buying Russian government bonds issued for the first time, and Russian government bonds issued in euros have also been included in the prohibition of buying, which was once called the “most powerful” punitive measure in the financial market.

Russia’s counterattack was also unrelenting. The Russian Ministry of Finance announced that it would change the structure of the National Wealth Fund in the next month, reducing the share of the US dollar to zero, and Russia almost completely emptied the US long-term national debt.

The timing of this round of competition between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden and Russian President Putin will meet in Geneva, Switzerland for a US-Russian summit. On the eve of the summit, the capitals of the two parties have already released “ruthless words.” Therefore, the market expects that this meeting will be the fiercest political game.

The “most powerful” financial sanctions?The U.S. puts pressure on Russia again

According to CCTV News, since June 14, US financial sanctions against Russia have come into effect. The U.S. government prohibits domestic companies from buying Russian government bonds (in rubles) that are issued for the first time. Russian government bonds issued in euros are also included in the prohibition. However, U.S. companies are allowed to trade Russian government bonds on the secondary market.

So, how much impact will this punitive measure, regarded by the financial market as “the most powerful”, have on the Russian economy?

First, let’s look at the scale of Russian national debt issuance. According to the latest data from the Audit Office of the Russian Federation, as of the first quarter of 2021, Russian national debt has increased by 741.3 billion rubles (approximately RMB 64.4 billion) from the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (about 1.71 trillion yuan), accounting for 17% of Russia’s GDP.

At present, the government bonds of the Russian Federation held by foreign investors are about 2.7989 billion rubles, accounting for about 14% of the total size of Russian bonds, but this part of the government bonds are stocks that are normally traded in the secondary market and are not subject to the US sanctions. limit.

In addition, looking at the issuance of Russian government bonds, Gehrman Greev, President of the Russian Federal Reserve Bank, made it clear that Russia’s related bond issuance plan will be completed as scheduled. According to the Russian Ministry of Finance, starting from June 16, Russia will release its first national debt to the market, and will issue three national debts worth 500 billion rubles on the same day.

The British analyst firm Oxford Economics believes that because the United States only prohibits the purchase of Russian government bonds in the primary market, the sanctions have limited impact on the Russian government bond market, and are more symbolic. If sanctions (the United States against Russia) affect transactions in the secondary market, the threat effect will be very violent.

Faced with the entry into force of US financial sanctions, Russian Finance Minister Siluanov also strongly stated that Russian government bonds will still maintain a high demand rate and that sanctions will only cause losses to US companies.

In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from buying Russian initial treasury bonds, but they can buy and sell Russian treasury bonds on the secondary market. Effective from June 14, 2021.

At that time, the reasons for the sanctions given by the United States were that Russia interfered in the U.S. election, hacked the system, and a series of “hostile acts.” In addition to prohibiting U.S. companies from buying Russian government bonds, it also expelled 10 Russian diplomats. The U.S. Treasury Department Thirty-two Russian entities and individuals were sanctioned.

Fight back! Russia is going to dump the U.S. dollar and U.S. debt?

Russia has already begun to “strike back” against the US financial restrictions. On June 3, local time, Russian Finance Minister Siluanov stated at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the State Wealth Fund within one month, in which the share of the US dollar will be reduced to zero and the share of the British pound will be reduced. At 5%, the yen will remain at 5%, the euro will grow to 40%, the renminbi will grow to 30%, and gold will account for 20%.

It is reported that the Russian National Wealth Fund was established to support the Russian pension system. Its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the Russian Federation’s budget assets.

According to data disclosed on the official website of the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached 185.87 billion US dollars, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia’s GDP.

As of early May, the fund’s liquid assets were worth approximately US$119 billion, of which one-third (approximately US$41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will substantially sell US dollars.

On February 24 this year, the Ministry of Finance of the Russian Federation announced that it would include the RMB and the Japanese Yen in the National Wealth Fund. The two currencies accounted for 15% and 5% of the fund’s foreign exchange structure, respectively. At the same time, the share of the US dollar and the euro both fell to 35%, while the share of the British pound remained unchanged at 10%.

Russian President Press Secretary Peskov said in response to a question about the adjustment of the investment structure of the National Wealth Fund that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. , Because these countries are beginning to worry about the reliability of the major foreign exchange reserve currencies.

Before March 2018, the U.S. dollar has been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for as high as 43%-48%. Since then, as the United States has tightened sanctions against Russian companies and citizens, in order to minimize the risk of sanctions, the Central Bank of Russia began to continuously reduce the proportion of U.S. dollars in foreign exchange reserves. As of the end of 2020, U.S. dollars and U.S. dollar assets are in Russia’s international The share of reserves has dropped to 21.2%, and the share of gold and RMB has increased to 23.3% and 12.8%.

While Russia is selling the U.S. dollar, it is also reducing its holdings of U.S. Treasury bonds in a “clearing-out” manner. According to the latest data released by the US Treasury Department, in February this year, Russia almost completely emptied long-term US Treasury bonds (only US$306 million left), and reduced its holdings of US debt by US$389 million that month, and the final position dropped to US$5.8 billion. Compared with Russia’s highest holding of US debt, the cumulative sell-off ratio reached 94%.

Biden and Putin are about to meet, how to talk?

Behind the secret rivalry between the United States and Russia may be for the upcoming summit of US-Russian leaders.

According to the official website of the White House, US President Biden will meet with Russian President Putin in Geneva, Switzerland on June 16, local time.

At this point, Biden is already in Europe and has just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the G7 announced that they have reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, and green transformation. It will be announced in the form of a summit communiqué.

China has been mentioned many times in the G7 Communiqué, and it even touched on issues such as Xinjiang, Hong Kong, and Taiwan. Subsequently, the spokesperson of the Chinese Embassy in the United Kingdom said in response to reporters that the G7 Communiqué published distorted and reversed remarks on Xinjiang, Hong Kong, Taiwan and other issues, deliberately slandered China, and arbitrarily interfered in China’s internal affairs. The serious violation of the basic norms of international relations has further exposed the sinister intentions of a few countries such as the United States. We are strongly dissatisfied and firmly opposed to this.

India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called “value-driven, high-standard, and transparent” partnership against China. The Belt and Road Initiative.

If the G7 summit is a closed-door game of tongue war, then the probability that the US-Russian summit on June 16 will not make Biden so easy, and the meeting between Biden and Putin will likely be The fiercest political game.

In fact, from the series of signals released by the United States and Russia before the meeting, a strong smell of gunpowder can be smelled.

On June 6, Biden’s signed article in The Washington Post stated that the United States does not seek to conflict with Russia, but will not hesitate to respond to Russia’s harmful activities in the future. When meeting with Putin, he will emphasize again The United States, Europe, and like-minded democracies support the promise of human rights and dignity.

According to CCTV News, on June 4, local time, Russian President Putin spoke at the St. Petersburg International Economic Forum. Speaking of the upcoming summit of Russian-US leaders, he said that Russian-US relations are at a very low level, and he will work with US President Biden to find solutions to the problems of bilateral relations, and will discuss strategic stability, arms reduction, and the new crown epidemic. And other issues.

Putin pointed out that Russia and the United States have no differences, but the United States wants to contain Russia’s development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hopes that this situation will end at some point.

In addition to the mutual temptation of the two heads of state on the verbal level, the wrestling of military forces between the United States and Russia has also become more frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the US Navy’s “Labourn” guided-missile destroyer had entered the Black Sea and the Russian Black Sea Fleet had begun to monitor it.

On the same day, the U.S. Pentagon suddenly announced that it would allocate 150 million U.S. dollars in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination with NATO. On the Russian side, the Russian Navy held the largest military exercise after the collapse of the Soviet Union to show off its muscles.

From this point of view, the secret rivalry between the US and Russia on the financial and military levels may be to increase the weight of the negotiations at the upcoming US-Russian leadership summit.

Raw material for batteries Is nickel still in short supply?

Status: 15.06.2021 3:55 p.m.

First a lack of chips, then a lack of wood, soon a lack of nickel? E-mobility also devours resources. Due to the increasing demand for batteries, the demand for nickel is likely to increase strongly. The sufficient supply of the metal nickel could become critical in the next few years. The German Raw Materials Agency (DERA) warns of this in a current analysis. The background to this is the increasing demand generated by the turnaround towards electromobility. “We assume that, depending on the scenario, global nickel demand will increase from around 2.4 million tons today to around 3.4 million tons in 2025,” explains Dr. Michael Szurlies, nickel expert at the Federal Institute for Geosciences and Natural Resources (BGR). “Overall, the nickel market is facing a turning point in terms of demand in the coming years, which will lead to a significant shift in market shares within the areas of application.” As a special department of the BGR, DERA advises the federal government, business and NGOs on raw material issues, for example on security of supply and the ecological consequences.

02/18/2021

Nickel is used for batteries

So far, nickel has mainly been used in steel production: around 85 percent is currently used in the manufacture of stainless steel and alloys, as DERA writes. The use in batteries currently accounts for around five percent. That will change in the near future. Because nickel is now a “key raw material” for the transport and energy transition, according to the study. Due to the strong demand generated by the global expansion of electromobility, the experts expect that by 2025, depending on the scenario, the share could be up to 21 percent. This would make batteries the second largest area of ​​application.

07.03.2021

Most of the nickel comes from Indonesia

Indonesia is the world’s largest supplier of nickel. The experts write that the vast majority of the new global production and refining capacities for the metal are expected there by 2025. This leads to a significant increase in the market concentration for nickel – and also has the consequence that the power of the main suppliers increases. Whether prices can also be expected to rise in the future due to rising demand depends on whether supply also increases. It is not excluded. In order to reduce the dependency on international suppliers, consideration is being given to extracting important raw materials – including nickel – in Europe. Experts emphasize that a European supply chain could make economic sense. In January, Peter Buchholz, head of DERA, said it would be good if Europe also built up its own capacities. The projects just have to be cost-competitive.

background 10/27/2010

Recycling is becoming more important

The automotive industry in particular, but also machine builders with a focus on solar or wind power, steel manufacturers or the IT and medical technology industries are dependent on a continuous supply of basic materials such as nickel. This also applies to so-called rare earths – elements such as cobalt or lithium, which is usually the central raw material for batteries in pure electric drives. The authors of the study also have the issue of sustainability in mind: “In view of the goal of reducing emissions of climate-damaging carbon dioxide through electromobility, in future, apart from questions of availability, the most environmentally friendly and sustainable extraction and processing of nickel will be more important.” One has to ask how more nickel and nickel compounds can be recovered at the end of the life cycle of the products and how less environmentally harmful and at the same time more socially fair promotion can be achieved. On the one hand, there are technological developments towards greater efficiency and fewer emissions. On the other hand, the increasing mining in tropical regions is a problem due to the large amount of land required.

Tien Linh released a very sweet sound that made the female fans “drunk”: “The flag is red. Your shirt is green. He doesn’t know yet. Do you… like me? Send some sunshine to Vietnam from Dubai. Hot boy Hai Nam cheers for the Vietnamese team: “I heard that the UAE will solo with Vietnam in a few hours. Jump up aeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee). Do Hung Dung at the Euro 2020 Commentary studio: “VTV’s super cute commentators team”. ST changed the avatar completely to cheer the spirit of the Vietnamese team: “If Vietnam wins the UAE tonight, what do you want Ti to do????? Let’s cheer for the Vietnamese team, friends” . Tran Thanh is interested in the similarity of the two uncles and nephews: “My grandson’s son is exactly the same as me!!! Kkkkk”. Mr. Cao Thang I feel very blessed when Princess Winnie “knows to do laundry”. Phan Dinh Tung turned his son Noah into a super cute child fan to cheer for the Vietnam Team in the match against the UAE Team in the 2022 World Cup qualifier. Cricket Cricket cheered for the Vietnamese team with a rap: “Vietnam Vietnam Vietnam fighting. Write an unforgettable heroic history. Red blood and yellow skin are still indomitable. Touch the ball to score the best Vietnamese.” Singer Quang Le uploaded a photo with midfielder Quang Hai, wishing the Vietnamese team a great victory tonight away from the UAE. Anh Tu and LyLy also boldly predicted the score of the match between Vietnam and UAE to be 2-1.

Illustrated photo TL Generali Group’s Deputy Chief Financial Officer, Mr. Cristiano Borean, commented: “Generali Group ended the first quarter of 2021 with excellent results, in line with the set targets and affirming the effectiveness of the strategy. Generali 2021′”. “The Group continues to be one of the market’s leading insurers, with a strong financial position. We are in the process of rebalancing our life insurance product portfolio and thus have been able to maintain positive profitability in the context of low interest rates. Generali also continues to achieve the best and most consistent mix ratios in the market, as well as impressive results in asset management and other businesses. The strong growth in operating profit and net profit also shows that the group continues to operate effectively in the context of the macro economy still facing many uncertainties caused by the pandemic.” – Mr. Cristiano Borean shared. Specifically, as of March 31, 2021, Generali’s operating profit reached 1.6 billion euros (up 11%), thanks to the profit growth of non-life insurance, asset management and other business activities. At the same time, the life insurance segment achieved a stable profit compared to the same period last year. Gross premium revenue reached 19.7 billion euros (+4.2%), of which life insurance increased by 5.5% and non-life increased by 1.9%. Net cash flow from life insurance business amounted to €3 billion (up 1%), focused on unit-linked and protection products. The combined ratio hit 88% (down 1.4 percentage points) and the return on new mining revenue also recorded impressive results, leading the market at 4.44% (up 0.4 points). percent). Net profit of up to 802 million euros (compared to 113 million euros in the same period last year) – the first quarter of 2020 was significantly affected by the decline in investment assets and funding costs for the Special International Fund Covid-19. Strong financial position, with a solvency margin of 234%, thanks to an effective capital optimization strategy and positive market situation in the first quarter of 2021.

Production line automation chuyền Stepping into the Z131 Factory (trade name is 31 Electromechanical and Explosives One Member Limited Liability Company), the modern machinery and chain system makes many people admire. These can be mentioned as: Automatic welding robot arm produces uniform products such as stamping, quality assurance, aesthetics; Automatic paint line helps to cover the product with beautiful glossy paint, meeting high technical standards… The benefit from these chains is that workers do not have to directly participate in hazardous and arduous jobs that pose a risk to health. Over the years, Z131 Factory has focused on investing in advanced equipment and high automation. According to Colonel Hoang Thanh Son, Secretary of the Party Committee, Chairman of the 31 Electromechanical and Explosives One Member Company Limited, this is an important factor for the factory to keep pace with the increasing requirements for production capacity and quality. product quantity. For example, the industrial explosives production line at the factory is currently in the most modern technology group of Vietnam and the world. This line only needs 6-7 operators instead of the previous need of 21 people per shift, not only increasing product quality but also doubling productivity. The automatic coating system of Z131 Factory helps products to be uniform in quality, ensuring technical and artistic standards. Factory Z131 also promotes the promotion of internal resources by arousing the creative labor spirit, promoting the capacity of each officer, engineer, and employee through scientific research and application of technical innovation initiatives. art. Thanks to these initiatives, productivity increases, workers’ incomes are higher, creating more motivation for each person to try harder. From small ideas to large-scale research projects, all are recognized by the factory and have the form of worthy rewards, timely encouragement and encouragement of the working spirit of collectives and individuals. In order to improve productivity, quality, and stabilize production, the factory focuses on research and application of new technologies. In 2020, the factory had 19 scientific research projects at all levels. In which, there are 1 state-level project, 1 defense ministry-level project, 2 projects at the General Department of Defense, 15 grassroots-level projects; promote 572 initiatives, benefit value reached 4 billion. Digital technology helps increase work efficiency Factory Z131 is one of the units that boldly deploy digitization to serve work and tasks, moving towards applying paperless office. Lieutenant Colonel Nguyen Khac Thu, Head of Information Technology Department (Factory Z131) said that the factory has invested in building infrastructure, which is an intranet system connecting departments and enterprises. This is the basis for promoting the process of digitization and implementation of information technology applications in operation management. Currently, the factory has applied electronic office software that allows sending and receiving electronic documents, and job planning management software on the internal network. The factory also applies information technology in the management of finance, materials, labor and salary; put the face recognition timekeeping system into use. In addition, there are many other digitized applications such as management systems, production statistics, automatic parking systems, production and security surveillance cameras.. No matter how modern the technology is, if there is no human resource capable of mastering it and successfully applying it in practice, the desired effect will not be achieved. Understanding this issue, Z131 Factory is always interested in improving the quality of human resources. Employees are continuously trained and retrained to improve their skills. The factory combines both on-site training and coordination with partners to transfer technology and send training facilities. Building high-quality, skilled human resources has always been identified as a key factor for the factory to continue to innovate production processes, master technology and equipment. Improving professional qualifications is also the key to promoting creative labor of officials, engineers and employees, thereby helping Z131 Factory constantly increase productivity, product quality, and improve the environment. work, ensure production safety.

Jack Heathcote turned the house into a giant aquarium Jack Heathcote, 47, of Nottingham, England has completely transformed his home with a network of nine super-sized aquariums, including one in a cellar, 2.1 meters deep. Jack does not have a TV set up in the house because he just likes to watch his fish swim. Jack can watch his pet fish swim for ‘hours’ instead of watching TV. The man said: “I can watch the fish swim, interact with them for hours. It’s so relaxing.” Jack first became interested in fish when he was 10 years old. His parents took him to visit an aquarium in Blackpool and he came home with a pet goldfish. 37 years later, Jack decided to spend a whopping £20,000 to convert his Nottingham home into a giant aquarium. Jack used three walls of the cellar to create a 4.2 meter x 3.6 meter tank, 2.1 meters deep and holds 18 cubic meters of water. The giant tank is home to 50 assorted fish he caught in a canal, and four giant mirror carp. There are two more tanks in the cellar, as well as other tanks in the living room, hallway, and shed. Upstairs, there are several tanks in Jack’s bedroom connected by a tunnel. Jack is extremely interested in his unusual house and pets. He said: “Fish are not like other animals because they are always moving. My friends think they are great. They often sit with me on the sofa to watch fish swim, just like other people like to watch TV. vi so”. For fish enthusiasts like Jack Heathcote, it will be very suitable for the portable fish bag product of a Japanese company. The Japanese company’s creation allows aquarium owners to comfortably take their pets out on the street. The ‘katsugyo bag’, a portable aquarium shaped like a long tube with a transparent center, has a handle, and a gauge that monitors the oxygen levels in the water. The company explains that: “You can take the fish away so it’s relatively easy to use. It can provide oxygen and maintain the water temperature the whole time you’re out.” Transparent design, the fish bag is really helpful to calm the fish’s anxiety, provide the fish with a safe, breathable and comfortable environment, suitable for small or medium fish.

However, realizing that there were many broken rice restaurants in Saigon, The boldly flew to Hanoi to start a business, hoping to bring a familiar Saigon dish to Hanoi. “In Saigon, broken rice is everywhere on the sidewalks, big and small. From large scale restaurants to small casual eateries. Everyone in this city loves to eat broken rice. They all eat in the morning, lunch, afternoon, and evening because broken rice is easy to eat and reasonably priced. The broken rice shops are crowded. So I think, trading broken rice can help make money and be successful in Hanoi”, The recounted. Broken rice is a popular dish in Saigon Think is do. In early 2019, he decided to fly to Hanoi. Here, The met some close friends and asked them for advice, looking for a place to rent space to open a broken rice restaurant. After two weeks of searching, The rented a space of 50m2, including 2 floors, in Duy Tan street, Cau Giay, Hanoi. This is a beautiful, bustling place with a lot of office people. However, the rent is extremely expensive 20 million/month. Although the rent is expensive, he saw the potential because there were many offices and many office workers, so he still decided to do it. So rent the house for 1 year but have to pay 6 months in advance. Particularly, the rent for the premises has already expired 120 million VND. He spent 30 million to buy tables and chairs, cooking utensils, dishes and 5 million to buy ingredients such as grilled ribs, grilled meat, eggs, skin, egg rolls and other side dishes… Then hire 2 more service staff, salary 4.5 million/month/person. The total cost he initially spent was more than 160 million dong. Because the process to process broken rice is quite simple and few stages, when making the dish by yourself, The also finds that it saves a lot of time and the cost of hiring staff to serve. In addition, the side dishes of broken rice are also easy to prepare and relatively cheap. “The broken rice dish only has grilled ribs, eggs, skin, and egg rolls. Side foods need cucumbers, tomatoes, lettuce, sauerkraut, etc. All of these foods are rustic and can be bought easily at markets,” he said. With the remaining amount of about 40 million, The thought to reserve for the procurement of raw materials and pay staff in the first 2-3 months of business when there were not many customers. The strange thing is, although the restaurant is opened in such a method, it is not as satisfactory when it opens for sale. However, when coming to Hanoi, not everyone likes this dish, even though the price of a meal of broken rice in Saigon is only 35,000 VND. “In the first month, the shop had a loss. But I think the loss of the first month is normal because the customers are not familiar. Hopefully next month more guests will come. But the next month, I still have a loss. The next month will not be able to recover, “The said. The price of each plate of broken rice is very affordable, only 35,000 VND, but on many days, it can only sell about 50 servings. Deducting the money to buy raw materials, he only made a profit of about 500,000 VND all day. This amount is only enough to pay the salaries of 2 employees, electricity and water. 3 consecutive months of losses, too panic, The started to panic and find the reason why his broken rice restaurant has good food, enthusiastic service attitude is still not crowded. Turns out, Hanoi office people don’t like to eat broken rice often. They prefer to eat at familiar restaurants that they have tried. They also prefer popular dishes such as bun cha, bun dau, pho, and banh cuon on the sidewalk rather than sitting in beautiful restaurants. In addition, on sunny days, the temperature is up to 39 degrees Celsius, the number of visitors decreases. Sometimes it’s halved. Because it’s sunny, everyone is afraid to go out, so they bring home-cooked rice. Trying to maintain the shop until the end of the 5th month, The decided to close, accepting a loss of 200 million. “Any business person opening a restaurant wants to quickly recover capital and make a profit. But now I know, just relying on the basic advantages of the dish is not enough and will still lose face. The broken rice business in Hanoi is not suitable for the culinary needs of the people here. Meanwhile, the shops of pho, bun cha, and popular snacks with no brand or name but are always full of customers even though they are located in the alley,” he concluded. Having failed with a broken rice restaurant in Hanoi, The flew back to Saigon to continue working and saving money. After nearly 2 years, he continued to rent a space of 7 million / month to open a popular broken rice restaurant. “The failure in Hanoi taught me a great lesson. It is business, life or death, success or failure, the final decision is still the habits and preferences of the people there. Then comes the quality of the food and the issue of food safety and hygiene. Moreover, my mistake when I invested in opening a broken rice restaurant outside Hanoi was that I just opened the restaurant and asked for a big business. Therefore, I should learn from others, open a small shop, and then slowly see how it expands.”

This time is the peak of harvest of melon, melon fields in Dien Chau are always bustling with people. If in previous years, watermelon yield and quality decreased due to pests, diseases, weather … this year, melon will grow better; People are happy to have a good season, although they are still on holiday, they are still eager to harvest. Photo: Nguyen Chau It is known that this year melon yield about 9 quintals / sao, higher than the previous years; Therefore, each household has an income of 10-12 million VND in this crop. This is not a small amount for the farmer at this time. Photo: Nguyen Chau According to observations, this year’s melon fruit is big, round, less pests and sweet, so it is favored by the market. The selling price in the field is 18,000 VND / kg, much higher than the previous crop. If people bring to retail, the price is even higher. Photo: Nguyen Chau Melon pears, after picking, are washed right in the field by people to clean the sandy soil layer, then packed in bags to enter for traders. Photo: Nguyen Chau Ms. Nguyen Thi Van, a trader who buys melon in Dien Ky commune (Dien Chau), said: “The timing of this year’s melon harvest coincides with a long holiday, so many restaurants and hotels contacted to place an order. Many families return to their hometown for the holiday season also come to the fields to buy large quantities of melons as gifts, so wherever they are picked, they can all be bought. ” Photo: Nguyen Chau This year the whole district of Dien Chau planted nearly 20 hectares of melon, concentrated in the communes of Dien Ky, Dien Hong … in which Dien Ky commune had the largest area. According to medicine, melon has relatively high levels of vitamins A, B, C and minerals that are good for health. Especially eating melon to beautify the skin, lose weight while enhancing memory, good for the heart, blood pressure … Photo: Nguyen Chau

This time is the peak of harvest of melon, melon fields in Dien Chau are always bustling with people. If in previous years, watermelon yield and quality decreased due to pests, diseases, weather … this year, melon will grow better; People are happy to have a good season, although they are still on holiday, they are still eager to harvest. Photo: Nguyen Chau It is known that this year melon yield about 9 quintals / sao, higher than the previous years; Therefore, each household has an income of 10-12 million VND in this crop. This is not a small amount for farmers at this time. Photo: Nguyen Chau According to observations, this year’s melon fruit is big, round, less pests and sweet, so it is favored by the market. The selling price in the field is 18,000 VND / kg, much higher than the previous crop. If people bring to retail, the price is even higher. Photo: Nguyen Chau Melon pears, after picking, are washed right in the field by people to clean the sandy soil layer, then packed in bags to enter for traders. Photo: Nguyen Chau Ms. Nguyen Thi Van, a trader who buys melon in Dien Ky commune (Dien Chau), said: “The timing of this year’s melon harvest coincides with a long holiday, so many restaurants and hotels contacted to place an order. Many families return to their hometown for the holiday season also come to the fields to buy large quantities of melons as gifts, so wherever they are picked, they can all be bought. ” Photo: Nguyen Chau This year the whole district of Dien Chau planted nearly 20 hectares of melon, concentrated in the communes of Dien Ky, Dien Hong … in which Dien Ky commune had the largest area. According to medicine, melon has relatively high levels of vitamins A, B, C and minerals that are good for health. Especially eating melon to beautify the skin, lose weight while enhancing memory, good for the heart, blood pressure … Photo: Nguyen Chau

Decorating the wall with polka dots will give the homeowner a light, fresh and equally delicate space. For large motifs, it is necessary to carefully consider the size of the dots, the colors and the gaps. In addition to the use of wallpaper, painting techniques such as circular perforated paper are also popular. 2. Polka-dot fabric With polka dots, it is easier to apply the decoration. Being able to sew fabrics into curtains, tablecloths or even bed sheets also adds an interesting part to the living space. However, it is necessary to consider and carefully choose its motifs and size to suit the interior of the house. 3. Vignette on widgets The polka-dot pattern is not fussy about users, especially boys and girls can be used because it creates a lovely and youthful look. Instead of using wallpaper, fabric … it is possible to decorate and apply it on even small objects: plates, bowls, cups, cushions. All make a space more fun and attractive. 4. Dot tiles Not only decoration on the wall, items but also the polka dot pattern with many different designs also add uniqueness and impression to your floor. Especially in the bathroom or kitchen area. 5. Plant leaves Small spots on the leaves are an interesting feature that nature bestows: white spots, dark red spots … Take advantage and turn these leaves into decorative ideas to help your house become impressive. statues and newer. /.

KG house is the renovated house of a young couple, located in Rach Gia City, Kien Giang Province. When approaching the renovations, architect THIA architecture said: “We found that the house lacked lighting and ventilation, and the layout of functions in the house did not take advantage of the natural elements. We boldly cut the house into two zones with functions (two rectangular boxes), connecting the two zones by “bridge” and large floor clearance. ” According to KTS, the most difficult problem of a renovation project is when the frame structure of the house is fixed. However, if the work is handled skillfully, it will create a completely different beauty from the old house. The renovated KG house has a more modern and airy beauty. The architect said that the wooden bar system, the green trees, the pine floors with the light roof help the space of the house to have better light. The house is divided into two functional areas. The first floor is mainly arranged with living room, kitchen and bedroom. The living room, kitchen and dining room spaces all overlook the courtyard. The architect leaves a front garden and the porch can be a place to welcome and relax. The interconnected spaces are not covered with the accentuation of wooden ceilings creating a cozy and close proximity. The bedroom overlooking the courtyard will help the elderly feel relaxed and quiet. The porch and the front garden are the home to welcome and relax the homeowner. The ceiling has a wooden bar form. The living room is connected with the dining room and the kitchen. From the interior to the design are simple but fully equipped. The second floor is where the master bedroom and the child’s bedroom are located. The bedrooms are linked together by a “bridge”, where sunshine, wind, and trees appear. From the bedrooms one can enjoy nature. The architect also arranged a small shrine room with wooden bar and light through. About the outside appearance, the architects will keep it suitable for the architecture of the whole area. The architect also adds the sunshade system and the rain falls directly into the interior of the house. Stairs lead to the second floor, underneath planting flowers and trees. Floor clearance brings light to the house. The second floor has master bedrooms and children’s bedrooms. The bedrooms are linked together by a “bridge”. Each bedroom space is oriented towards the floor space and green space. The bedroom is full of wind through the airy window. Many barricades to highlight the second floor. A small shrine room with an outstanding design is a wooden bar, this location has a lot of light through.

AAA said that at the end of the first quarter of 2021, the recorded revenue reached 2,280 billion dong, up 45.04% over the same period last year, equivalent to an increase of 708 billion dong. Profit after tax in the first quarter of 2021 reached VND 89 billion, an increase of 41.27% over the same period last year, equivalent to an increase of VND 26 billion.

Regarding the business plan for the second quarter of 2021, AAA’s Board of Directors has approved the target of total consolidated revenue of VND 2,500 billion, consolidated profit after tax of VND 120 billion, up 138.05% and 162.16% respectively. compared with the same period last year.

AAA shares have grown strongly since the beginning of the year. Specifically, AAA shares currently increase by more than 20% compared to the market price at the beginning of the year on 4/1/2021 (14,550 VND / share).

In 2021, SBSI Securities Company forecasts that AAA’s revenue will reach VND 8,895 billion, an increase of 19.7%; AAA’s after-tax profit reached VND 621 billion, 2.2 times higher than that of 2020. In which, the profit dropping point came from 3 segments: industrial real estate, packaging and self-produced products. biodegradation continues to increase.

Specifically, the real estate segment rebounded thanks to the remaining area revenue of An Phat Complex Industrial Park and the new project An Phat 1 Industrial Park started commercial exploitation from the third quarter of this year. In addition, the production of packaging continues to increase thanks to the optimization of equipment productivity and the contribution from Jumbo bags of An Vinh Plastic and Packaging Company.

SSI Securities Company has also had a positive assessment report related to AAA. According to SSI, AAA has positive growth prospects in both the packaging segment and industrial real estate. In particular, the industrial park is expected to be the biggest profit growth driver this year, with gross profit estimated at VND 205 billion (up 118% year on year) in 2021.

AAA plans to lease the remaining 10% to An Phat Complex Industrial Park in 2021. In addition, An Phat 1 Industrial Park is in the process of site clearance, scheduled for commercial exploitation by the end of 2021 and will generate about VND 200 billion in revenue and VND 50 billion in profit this year.

On the other hand, SSI estimated that the output of plastic packaging could increase by 9.2% over the same period, reaching 112 thousand tons. Conventional packaging output may increase at a more stable rate of 3% with recovery in worldwide demand. Consumption of industrial packaging is also expected to more than double to 9 thousand tons from 3.5 thousand tons in 2020, due to the contribution of subsidiary An Vinh in the whole year 2021.

In addition, the profit margin of thin film packaging could also be improved due to the greater profit from self-destructing products, which is expected to account for 20% of total packaging sales in 2021, compared to with the rate of 10% in 2020.

AAA stock is recommended to buy with a positive prospect.

US and Philippine soldiers in a “Balikatan” exercise

Attempting to repeat the “gray area” strategy.

The question of where the Chinese marine militia ships have been unusually concentrated since the beginning of March 2021 in the Ba Dau rocky area located in the Sinh Ton Dong island cluster in the Spratly archipelago of Vietnam. when the number of more than 200 ships dropped to a few dozen, there was an answer. The latest aerial photographs of the Philippines show that hundreds of Chinese marine militia ships are gathered in Ga Ven rock and Ken Nan rock in the Spratly archipelago of Vietnam.

Images taken by satellite Europe and the US, published by the AFP news agency on April 13, also show that China’s marine militia fleet is present in a large number of hundreds of ships in Ga Ven rock. The pictures taken by the Philippine authorities. According to experts, the Chinese maritime militia fleet is no longer crowded and large rafts like Ba Dau rock but radiates, thickens around Ga Ven rocks and Ken Nan rocks of the Spratly Islands of Vietnam. Male.

Previously, from the beginning of March 2021, Philippine officials and photos taken from satellites said that hundreds of Chinese iron-hulled ships were abnormally concentrated in the waters close to Ba Dau rock in Vietnamese territorial waters. The South is in Sinh Ton Dong island cluster, located in Truong Sa archipelago. Subsequent tallys showed that the number of Chinese iron-hull ships was more than 220, many of which were made into large rafts.

The Chinese side justifies that these are fishing boats, concentrated in Ba Dau rock “due to bad weather”. However, Philippine officials immediately rejected when claiming that the weather in this area is very good, moreover, these ships only turn on the lights all night, but absolutely do not have any fishing activities.

Filipino officials confirmed that hundreds of Chinese iron-hull ships gathered in Ba Dau rock since early March were Chinese marine militia ships disguised as fishing ships. Therefore, the fact that hundreds of marine militia ships have aggressive and aggressive acts on Ba Dau Rock has caused regional nations, the international community and analysts alike to think that Beijing is trying. calculated once again the “gray area” tactic for Ba Dau rock, a shallow beach with an area of ​​about 10km belonging to Sinh Ton Dong island cluster in the Spratly archipelago of Vietnam.

In a strategy throughout the realization of its sovereignty ambitions in the South China Sea, China has adopted the “gray zone” tactic, using the overwhelming power of a disguised fleet of iron-shell fishing vessels that are essentially marine militia ships with the backing of armed ships to illegally occupy control of entities such as the Philippines-controlled Scaborough Shoal in 2012, the Vanh Khan (about 50 nautical miles from Ba Dau) in the Spratly Islands Vietnam in 1995. Thus, the unusual concentration of hundreds of marine militia ships managed by the Chinese army in the Ba Dau Rock under Vietnam’s legal and undisputed sovereignty has caused experts to accept. China may be contemplating a repeat of a dangerous tactic nine years ago to forcefully capture and control a Scaborough.

This concern is more and more basic when hundreds of ships gathered in Ba Dau rock at the same time and radiated Ga Ven rock and Ken Nan rock of the Spratly archipelago of Vietnam, many armed ships, ships. Chinese heavy warfare is also present in the region for its taciturn backing. Most recently, the combat squadron of the Liaodong carrier of China, after conducting exercises in waters near the island of Taiwan, moved southward into the South China Sea. It is reported that the Shandong aircraft carrier combat squadron, the aircraft carrier built by China, is also present in the South China Sea.

Do not accept ostentation, encroachment in the East Sea

A series of moves that show off China’s military power in the South China Sea are concerned by regional countries, the international community, especially countries with interests attached to this sea area with deep concern. . On April 13, the Philippine Foreign Ministry summoned the Chinese Ambassador to the country to protest the actions of the Chinese ships at Ba Dau Rock. The Philippine Foreign Ministry earlier also sent a protest note to Beijing, and rejected the Chinese interpretation that disguised iron hulls in Ba Dau rock were just “ordinary fishing boats anchored due to bad weather. “.

At the same time with the strong response through diplomatic channels, the Philippines also took action on the ground to deal with China’s aggressive, aggressive behavior. Most recently, on April 13, the Philippines has deployed 1 more coast guard ship, 4 naval ships and 2 ships of the fisheries protection agency to many Chinese ships that are abnormally concentrated in the South China Sea.

Filipino Defense Minister Delfin Lorenzana on April 10 had a phone call with his US counterpart, Lloyd Austin, to discuss the South China Sea situation and the appearance of hundreds of Chinese marine militia ships in the Ba Rock. Head. During the phone call, Mr. Austin proposed a series of measures to strengthen defense cooperation between the US and the Philippines, including “raising awareness of the situation of threats in the South China Sea”, and the Minister of State. rooms of the two countries share a commitment to maintaining close communication.

Just a day after the phone call, the Chief of Staff of the Philippine Armed Forces (AFP) said on April 11 that the joint exercise with the US named Balikatan was resumed and started from April 12. during 2 weeks with the participation of thousands of soldiers from the two countries. The exercise is said to be the cooperation and action of the Philippines and the US in response to a series of provocations by China in the South China Sea.

Previously, when answering questions from reporters about Vietnam’s reaction to many Chinese ships operating at Ba Dau beach in the Spratly archipelago of Vietnam, Foreign Ministry Spokesman Le Thi Thu Hang affirmed. , the activities of Chinese ships within the territorial sea of ​​Sinh Ton Dong belonging to the Spratlys of Vietnam have violated the sovereignty of Vietnam, violating the provisions of the United Nations Convention on the Law of the Sea (UNCLOS) on the activities of foreign ships in the territorial sea of ​​a coastal country, contrary to the spirit and content of the Declaration on the Conduct of Parties in the South China Sea (DOC), complicates the situation, is not beneficial for the negotiation process of a Code of Conduct between ASEAN and China in the South China Sea (COC).

The spokesperson stressed that Vietnam asked China to stop its infringement; respect for the sovereignty of Vietnam; goodwill to implement UNCLOS; strictly comply with the DOC, especially the obligation to restrain, not complicate the situation; create a favorable environment for the COC negotiation process; contribute to maintaining peace, security, stability and legal order at sea in the region.