News on 21 September 2016

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1) Vietnamese crab farmers struggle to find buyers after China goes cold

Chinese traders seem to have lost their taste for local crab, forcing prices down by 50 percent Chinese crab traders normally descend on Vietnam's southermost province of Ca Mau in the run up to the Mid-Autumn Festival, but this year many have stayed away, leaving many households in heavy debt.

Pham Thi Cuong, a local trader, said: “In previous years, we were unable to collect enough crabs to meet the Chinese demand, but this year, we don't have anyone to sell our catches too.” The provincial Department of Agriculture said that Ca Mau has one of the largest crab farming areas in the Mekong Delta region, and some people have profited strongly from the crustaceans.

Statistics showed that each year tens of thousand tons of Ca Mau’s crabs reach foreign markets, and China is the main recipient. This year, China has reduced its volume of crab imports, sending the price down by 50 percent from three months ago to VND110,000-180,000 ($5-8) per kilo. Vo Ngoc Hung, a…

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2) The most beautiful cathedrals in Vietnam

There are many splendid cathedrals with unique designs dotted across Vietnam that have become popular tourist destinations. Here’s our choice for those with the best architecture.

Tourists say they enjoy the Phat Diem Cathedral in Ninh Binh Province due to its unique stone architecture. The cathedral, originally built in 1883, is one of five remaining churches in Vietnam from that era.

All items inside are carved in natural stone. The Cua Bac Cathedral, built in 1932, located at 56 Phan Dinh Phung Street in Hanoi, combines European and Vietnamese architecture. French architect Ernest Hébrard, the designer of the church, creates an asymmetrical architectural space with a soaring bell tower on each side of the main lobby.

The Tan Dinh Church, built during the French colonial period in the 1880s, is considered by many tourists as the most beautiful architecture in HCM City. Overall, the church is of Gothic style, but the redecorated details are influenced by the Roman …

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3) More luxury hotels to be built in Hanoi

Hanoi plans to build more luxury hotels with some 20,000 rooms in downtown areas in the Capital City’s prime locations in the next five years, as part of its efforts to promote tourism.

Chairman of the Hanoi People’s Committee Nguyen Duc Chung said that “Hanoi encourages investors to develop luxury hotels, as there is a shortage of hotel rooms. Developing luxury hotels is necessary to develop tourism into a spearhead industry of the capital city.”

Sofitel Metropole Hanoi named among World’s top hotels Pham Thanh Tung, office manager of the Vietnam Architecture Association, said it was essential to develop luxury hotels to boost tourism, however, adding that the city should not move ahead too quickly.

The city needs to first gather information about privately-owned mini hotel rooms as a basis for decisions about constructing luxury hotels, Tung said. “This is important to …

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4) University graduates have higher jobless rate than untrained workers

Official reports show the percentage of unemployed young people in urban areas is higher than in rural areas and the proportion of unemployed workers with bachelor’s degree or other higher education degrees is higher than untrained workers.

The latest report about the employment rate in the first six months of the year released by the General Statistics Office (GSO) showed that 1.12 million workers had been reported unemployed by the end of the second quarter, an increase of 6,000 over the first quarter.

The general unemployment rate reached 2.06 percent. The unemployment rate in urban areas was twice as much as the rate in rural areas (3.26 percent vs 1.84 percent).

The report showed that the workers aged 15-24 accounted for nearly 50 percent of total jobless workers. The proportion of unemployed workers among young people was far higher than the country’s general unemployment rate (7.07 percent vs 2.06 percent), and the gap was especially high in …

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