Wood factory fire causes $48,600 loss

Firemen extinguished the fire in a four-hour battle at a wood factory in Ho Chi Minh City early this morning

Photo: VnExpress

VNEXPRESS

A fire at a wood-processing factory in Ho Chi Minh City’s Binh Chanh District this morning destroyed goods worth around 1 billion ($48,600).

At around midnight, workers at the Nhat Quang Trade and Services Co Ltd’s factory in Vinh Loc A Commune called the local fire station after discovering smoke billowing from the plant and the smell of something burning.

Fire stations in Binh Chanh and Binh Tan Districts sent several fire engines with 100 firefighters to the scene, where the fire spread rapidly and engulfed the entire 2,000-square-meter factory.

The roof collapsed, causing difficulties in spraying water. 

The blaze was eventually put out at 4 a.m. No casualties were reported.

The police are investigating the cause of the fire.

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Dirt cheap prices cause loss to vegetable growers

TUOITRE

Since March, vegetable farmers in the Central Highlands province of Lam Dong have been suffering great losses as vegetable prices have gone down by as much as 70 percent.
Tomatoes are now being sold to traders at VND1,000/kg, down by 50 percent compared to March. The same is true for green beans and chayote.

Le Thanh Toan, a farmer in Quang Lap Commune, said he had invested VND60 million (US$3,000) in his 0.7-ha tomato crop but had only managed to get VND2 million ($100) back.

Le Thi Xuan in Ka Do Commune said she had suffered from a VND7 million ($350) loss as cabbages’ price had fallen to only VND1,000/kg.

Traders said prices have been plunging as Ho Chi Minh City, the main consumer of Lam Dong vegetables, has found alternative suppliers who can provide vegetables at cheaper prices thanks to their closer distance to HCMC and thus lower transportation costs. 

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