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NotaPublicado: Vie Nov 09, 2018 3:11 am 
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HANOI Ito Smith Hat , Sept. 8 (Xinhua) -- Vietnam exported nearly 1.4 million tons of coal worth 188 million U.S. dollars between January and August, up 142.1 percent in volume and up 228.5 percent in value against the same period last year, its Ministry of Industry and Trade said on Friday.


In the eight-month period, Vietnam National Coal-Mineral Industries Holding Corporation (Vinacomin), the country's biggest coal producer and exporter Deadrin Senat Hat , churned out nearly 24.6 million tons of coal, made domestic sales of roughly 21.4 million tons of coal and exported 866,000 tons of the product.


Vietnam plans to produce over 41.4 million tons of coal this year, up 7.6 percent over last year, and to keep its coal inventory at nearly 13.9 million tons by the year-end Isaiah Oliver Hat , said Vinacomin.


The country is expected to produce 86.4 million tons of coal in 2020, and 256 million tons in 2030.


Vietnam exported nearly 1.3 million tons of coal worth 141 million U.S. dollars last year, seeing respective year-on-year declines of 27 percent and 23.8 percent, said the ministry.


Highlights of China-Arab States Expo in Yinchuan


Trump says willing to mediate in Qatar diplomatic dispute


4th Silk Road Int'l Arts Festival opens in NW China


Sun Yang claims title at men's 1500m freestyle swimming


In pics: China's future Mars simulation base in Qinghai


Actors perform during acrobatics show in central China's Puyang


Colorful houses seen in N China's beautiful countryside


Spectacular scenery of Hukou Waterfall of Yellow River


TOKYO, Sept. 5 (Xinhua) -- Tokyo stocks retreated Tuesday morning as investors remained in a risk averse mood with some opting for safe havens amid concerns of a further escalation in tensions on the Korean Peninsular.


The 225-issue Nikkei Stock Average lost 90.94 points Austin Hooper Hat , or 0.47 percent, from Monday to 19,417.31.


The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 8.68 points Deion Jones Hat , or 0.54 percent, to 1,594.87.


Securities, rubber product and air transportation-linked issues comprised those that declined the most by the morning break.


Leaders of BRICS countries pose for group photo before summit


Xi calls for solidarity among emerging economies, developing nations


Chinese UN envoy condemns DPRK nuke test Keanu Neal Hat , calls for return to dialogue


Evening gala for 2017 BRICS Summit held in Xiamen


Autumn scenery of Hunhe River in N China's Hohhot


Villagers air harvests in south China


Dew drops seen on plant leaves in east China


Fish Dish Festival celebrated in C China's Hunan


Alibaba Group Holding has enlisted two UK start-ups to provide financing for small British businesses looking to buy from Chinese suppliers, aiming to help cash-strapped firms access the Chinese economy.


The partnerships with iwoca and ezbob announced by Alibaba on Wednesday are a first for the Chinese company in Europe, and are intended to provide short-term working capital to businesses that otherwise would have trouble securing funds from banks.


Alibaba's British arrangement is similar to its recently announced tie-up with LendingClub Corp in the US.


British firms looking to source cheap components or goods from Chinese suppliers apply for credit online; the start-ups review their business track records, tax returns and other data; then provide a swift decision.


"We want to make financing as easy as possible for the millions of British companies that do business through alibaba," said Wei Duan Takkarist McKinley Hat , Alibaba's European marketing and business development director.


Unlike LendingClub, a peer-to-peer loans matching service, ezbob and iwoca would provide the financing themselves. They already lend to Amazon and eBay merchants.


Ezbob is the trading name for Orange Money. The 4-year-old company is backed by the British government's Angel CoFund and its loans are guaranteed by the EU. Iwoca, or "instant working capital," has secured financing from investors including Global Founders Capital and Redline Capital.


Both will be providing micro-loans of 50 Alex Mack Hat ,000 pounds ($75,315) and up to qualified firms, at anticipated interest rates of 0.75 percent to 2 percent monthly. Iwoca Chief Executive Officer Christoph Rieche said in a statement he expects to finance 100 million pounds of deals over the next 12 months. Funds are channeled directly to Chinese suppliers.


Britain is one of Alibaba's major markets, primarily for business-to-business goods sourcing on alibaba. The Chinese company derives the lion's share of its revenue from retail platforms Taobao and Tmall, but it got its start supporting small businesses with alibaba Vic Beasley Jr Hat , which Jack Ma Yun co-founded out of his Hangzhou apartment in 1999.


The service is used by businesses on the lookout for cheap products and services from China, ranging from manufacturing to components in bulk.


Its executives have said they are looking for similar providers to extend financing beyond the US to major markets such as Germany and Canada.

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