Microsoft officially appoints new country manager in Vietnam


Today, Microsoft officially announced that Vu Minh Tri has been appointed as the new country manager for Microsoft Vietnam. In this role, Tri will be responsible for managing Microsoft's business strategy, operations, and development initiatives in the Vietnamese market. Tri has extensive business management experience in a number of multi-national corporations and has a deep understanding of the technology industry. Prior to joining Microsoft, he held many key leadership positions and most recently was the regional leader overseeing the Indochina and Thailand region for Qualcomm. He previously held various leadership positions in his career including general director for Yahoo! Vietnam, country manager of Sony Ericsson Vietnam, and worked in Sales & Marketing Management for BAT, BP and Procter & Gamble Vietnam. Jamie Harper, general manager of Southeast Asia said "Vietnam continues to be a market of strategic importance to Microsoft, and we continue to invest in the … [Read more...]

Android 4.0 attractive, but it’s not easy to gulp


Android 4.0 has the code name “Ice Cream Sandwich.” Google once announced that the official version of the product would appear in early 2012. However, to date, except some product lines which have the right to install the official version, most of the Android 4.0 products available on the market are just the alpha and beta versions. A source from Sony Ericsson Vietnam has affirmed that the official version of Android 4.0 would hit the market by early April 2012. In general, the official version would have many new functions, but there would be no big changes in comparison with the beta version. The operation system for a mass The previous versions of the Android operation system showed differences on different product lines. The previous versions of Android, from the 2.3 GingerBread version and earlier, were mostly used for mobile phones. Meanwhile, Android 3.0 Honeycomb is the operation system only used for the group of tablets running on Android operation system made … [Read more...]

Going local


The new General Manager of Yahoo! in Vietnam, Mr Vu Minh Tri Born in 1973, Mr Vu Minh Tri was previously General Manager of Sony Ericsson Vietnam and prior to that worked with Procter&Gamble (P&G), British Petroleum (BP) and British American Tobacco (BAT), where he held senior management positions in brand marketing, business development, training and development, and trade marketing. At Sony Ericsson Vietnam he turned its Vietnam business into the fastest growing company in the industry in terms of volume and value share and brand health indicators. More importantly, he built a strong foundation for the continuous and sustainable growth of the Sony Ericsson business. Perhaps this extensive blue chip background helped him to defeat other candidates on the short list for the position of general manager in Vietnam at Yahoo! … [Read more...]

Motorola eyes more shares in Vietnam’s telecoms market


U.S. telecoms giant Motorola is set to expand operations in Vietnam's fast-growing telecoms market in an attempt to regain its position as a market leader in the country, company officials said recently. The move is driven by the firm's recent strong financial performance on Wall Street and its fresh interest in Vietnam's growing market for mobile handsets and telecoms networks, said a Motorola spokesperson. … [Read more...]

Tet goods supply plentiful, prices steady

Deputy Chairman Le Van Khoa (3rd, L) inspects Tet goods supply at wholesale markets in HCMC on February 4 (Photo: SGGP)

The volume of goods supplied for the Tet holidays in Ho Chi Minh City has been abundant and prices stable, recorded Sai Gon Giai Phong reporters following deputy chairman of the city People’s Committee Le Van Khoa to visit and inspect Tet goods supply at wholesale markets from February 3 night till the following days. Many items most made in Vietnam have even seen the price reduce at Thu Duc, Hoc Mon, Binh Dien wholesales markets and Ben Thanh market. Traders at Thu Duc market said that they have stockpiled commodities double and triple over normal to meet Tet demand. The price just slightly increases by about VND500 a kilogram or remains unchanged. Director of Hoc Mon wholesale market Nguyen Tien Dung reported supply 14 percent up over normal reaching 2,900 tons a day, which is expected to hit 3,200 tons from now until the New Year day. Vegetables and fruits supply will reduce on the last two days of the lunar year but pork will hit its peak of 800 tons, up 135 percent … [Read more...]

Plan to realise State administrative reform targets

Hanoi, February 5 (VNA) – The recently approved plan on State administrative reform from 2016-2020 aims to improve institutions, and better personnel and administrative service quality. Under the plan, the implementation of the General Programme on State Administrative Reform from 2011 to 2020 will quicken, aiming to ensure the fulfillment of administrative reform-related objectives in the next five years. The period will focus on promoting institutional reforms, bettering the quality of public servants and officials, renewing salary policies and improving the quality of administrative and public services, while settling shortcomings left from the implementation of the programme over the last five years. By 2020, the legal system will be synchronous, feasible, transparent, stable and accessible. The plan targets to accelerate the simplification of administrative procedures, and cut costs on compliance of administrative procedures on key areas including … [Read more...]

State administrative reform plan passed

Illustration photo

VGP – The PM has issued the State Administrative Reform Plan in the 2016-2020 period with a view to innovating institutions and bettering personnel and administrative service quality. The new plan targets to speed up the implementation of Resolution 30c/NQ-CP, dated November 8, 2011, promulgating the Master Program on State Administration Reform in the 2011-2020 period and fulfil goals and missions set in the State administrative reform in the second phase (2016-2020). Central tasks of the administrative reform include institutional reform; improving the quality for public servants and officials; wage reform in favour of better quality and efficiency; and enhancing administrative and public service quality. Striving for over 80% of citizens’ satisfaction By 2020, the legal system will be synchronous, feasible, transparent, stable, and accessible. The plan targets to accelerate simplification of administrative procedures; cut costs on compliance of administrative … [Read more...]

Petrolimex on sticky ground after dozens cars stall due to bad fuel


Associate Professor and Doctor Hoa Huu Thu, a former lecturer at the Hanoi University of Science has speculated that additives added by manufacturers to fuel might be the culprit killing luxury car engines in HCM City. Hoa Huu Thu According to Thu, gum can form in a fuel during storage periods, having an adverse effect on engine efficiency and performance. Thu said the manufacturers might have added in more additives than allowed. Before the fuel was transported to the south, it was stored in the north where the temperatures had been on low, at some points dropping below 10 Celsius, which affect the chemical structure of the fuel. Thu, however, dismissed the idea that the fuel might have been stolen and replaced with some low-quality substances during transportation or by workers at fuel stations. "They would have to replace it with something that has a high octane rating or else the fuel would be useless. But these substances are very expensive," he said. Dozens of car owners in … [Read more...]

Vice chairman Pham Nhu So visited some offices on the occasion of Lunar New Year

​A provincial leader delegation led by vice chairman of Quang Ngai Provincial People's Committee Pham Nhu So on Feb 2 visited and offered gifts the Management of Provincial Industrial Zones, Dung Quat Economic Zone Authority, the Quang Ngai Port Authorities, Sa Ky Port Check-point, Co.opmart Supermarket, and Power Transmission Company. ​He graciously sent New Year greetings, happy and good health to all officers of units on the occasion of the Lunar New Year 2016. He also appreciated the plan preparation tasks ahead in the New Year as well as the assignment of the unit forces very carefully to ensure the best for Quang Ngai people peaceful and happy on Tet Holidays. Especially, as visiting Market Management Unit, Province Vice Chairman proposed them to strengthen further the monitoring and control regularly to prevent contraband trade and fake goods. According the Unit, in this year commodities are diversified than that previous year, especially Vietnamese high quality goods … [Read more...]

Viet products entering the remote regions

Inhabitants of Song Hinh district visiting and buying Vietnam products at one fair held in Hai Rieng town let

As a respond to the mobilization of"Vietnamese giving priority to using Vietnam products", lots of sectors and localities are enhancing the propagation, advertising, expanding the distribution channels so as to supply Viet products to customers in the province’s remote and mountainous areas. In the past time, together with high quality Viet products with clear origin, not a few faked and low quality products with unclear origins have been present in the market. Particularly, in the remote, mountainous areas, the low quality products are easily displayed. However, thanks to the enhancement of propagation and mobilization through using, the local inhabitants of these areas have got a more precise viewpoint towards Viet products. Ms. So Thi Tin in Doc Lap A hamlet, Ea Cha Rang commune, Son Hoa district, lets known, "Previously, each time I bought products, I came to the district’s market. Lots of products to choose means I care more about the products’ origins. … [Read more...]

Vietnam buys Chinese goods, from onions to cars, why?


VietNamNet Bridge - The majority of Vietnamese say they don’t want imports from China, but Chinese goods still flood the Vietnamese market. China remains the largest import market for Vietnam in 2015. The General Statistics Office (GSO) estimated that Vietnam’s trade deficit with China reached $32.3 billion in the year, an increase of 12.5 percent, the sharpest increase so far. "All Chinese farm produce can be found in the Vietnamese market, from fruits to spices. They look very attractive to housewives and they are dirt cheap," a reader commented. The reader affirmed that she would not buy Chinese farm produce if she could find Vietnamese products of the same kind with the same price or a little bit more expensive. The General Statistics Office stimated that Vietnam’s trade deficit with China reached $32.3 billion in the year, an increase of 12.5 percent, the sharpest increase so far. "I believe Vietnamese don’t want Chinese products, but buying Chinese … [Read more...]

Goods smuggling increases ahead of Tet

The market management department confiscated seized thousands of smuggled wine bottles. — Illustrative Photo

BINH PHUOC (VNS) — The market management department of the southern province of Binh Phuoc yesterday seized thousands of wine bottles illegally imported from Cambodia. The authorities found 1,560 wine bottles labelled "Prek Pra 31 Winery", a Cambodian wine brand, and 1,920 cans of soft drinks, also of Cambodian origin, during a routine search of a truck at Tan Thanh Commune in Bu Dop District. Hoang Nhat Truong, 26, the driver and owner of the goods, did not present any documents related to his goods. On the same day, based on a tip from locals in the commune, Binh Phuoc police also discovered more than 2,000 wine bottles labelled with the Prek Pra 31 Winery brand, which were being loaded onto a coach for consumption. However, the driver of the coach escaped before the police arrived. Previously, the economic police department of Binh Phuoc had also seized nearly 5,000 wine bottles of foreign origins without import stamps. The cases are under investigation. Cigarette … [Read more...]

Vietnam Stock Market Restructuring


At the a ceremony to celebrate the first trading date of the stock market in 2016 at the Hanoi Stock Exchange (HNX) on January 4, Chairman Vu Bang of the State Securities Committee of Vietnam (SSC) shared with the press assessments of the Vietnamese stock market in 2016. Luong Tuan reports.Stock market failed to meet expectations in 2015As the highest executive of the State Securities Commission, how do you assess stock market performances in 2015? At the end of 2014, most placed high hopes on strong jumps of the stock market in 2015 as the economy started to recover. Besides, the progress of joining new-generation free trade agreements (FTA) of Vietnam also achieved very positive signals. However, what happened in 2015 was not as expected. Stock market losers outnumbered gainers. Some indices in the region dropped up to 12-14 per cent. European stock markets also slid sharply, with FTSE 100 Index of the England erasing 7.4 per cent in 2015. In 2015, Vietnam's stock market also faced … [Read more...]

Long Bien wholesale market causing pollution

Pollution caused by rotten products and waste water has become alarming at the Long Bien Market, the biggest wholesale market of the northern region. —VNS Photo Viet Thanh

HA NOI () — Pollution caused by rotten products and wastewater has become alarming at the Long Bien Market, the biggest wholesale market of the northern region, reported Thoi Bao Kinh Doanh (Business Times) Newspaper. The market is currently overloaded and does not meet regulations on fire safety, food safety and hygiene. The market opens all day and night, but it is the most bustling from 10pm to 5am. Every night there are hundreds of trucks carrying fruits and vegetables from many provinces to the market. The market is located in Ba Dinh District of Ha Noi and covers 27,100sq.m and hosts 1,200 shops trading fruits and vegetables. Everyday, about 300 to 400 tonnes of fruits and vegetables are sold in the market and discharge three tonnes of waste. In the morning, when the trading session finishes, the market looks like a landfill with scattering wastes, nylon bags and rotten fruits and vegetables. People living near the market have complained of pollution and bad smells … [Read more...]

Oil market ends turbulent month with tick higher

Photo illustration of an oil derrick. (Photo: AFP/Spencer Platt)

Speculation that Russia and the Organization of the Petroleum Exporting Countries will meet to discuss oil output cuts to push up prices supported sentiment for a second day, analysts said. NEW YORK: The oil market scored modest gains on Friday (Jan 29), ending a turbulent January that drove prices sharply lower amid worries about the global crude oversupply. Speculation that Russia and the Organization of the Petroleum Exporting Countries will meet to discuss oil output cuts to push up prices supported sentiment for a second day, analysts said. US benchmark West Texas Intermediate for delivery in March rose 40 cents to US$33.62 a barrel on the New York Mercantile Exchange, after advancing almost US$3 over the three prior trading sessions. In London, Brent North Sea for March finished at US$34.74, adding 85 cents from Thursday's settlement and about US$2.50 over the week. The oil market managed a second straight week of advances after having sunk to 12-year lows early this … [Read more...]

Apartment proposal draws mixed reactions

Photo taken of The Manor apartment complex in the west of Ha Noi. A recently-released draft circular will put apartment buildings into three classifications. — VNS Photo Doan Tung

HA NOI (VNS)— The construction ministry is drafting a circular about the classification of apartment buildings, which is drawing mixed opinions from both experts and developers. According to the draft circular, apartment buildings that were put into use from the beginning of July 2015 would be classified into A, B and C. The ministry's housing and real estate market management department said the classification would be based on four criteria. These four criteria are planning and architecture (which includes connectivity to school, hospital, public transport and park, besides surrounding landscape and area); technical and social infrastructure (which include fire prevention system, water supply, elevator capacity and parking space, besides lighting system); apartment quality (which includes quality of construction and equipment); and management service quality (which includes security, facilities and operational quality). Class A will include starred apartment buildings that … [Read more...]

Police forces seize cattle meat of unclear origin

Cattle meat of unclear origins was seized in Quang Binh and Binh Phuoc provinces. - Illustration Photo

QUANG BINH (VNS) - Over 600 kilogrammes (kg) of buffalo and cow's meat of unclear origins were seized by the Quang Binh's traffic police of the central province yesterday. Policemen reported that when they were patrolling Highway 1A section crossing Sen Thuy Commune, Le Thuy District, they discovered a passenger bus transporting a huge amount of cattle meat of unclear origins. Lt. Colonel Trần Đinh Hà, chief of the police team, said the driver of bus transporting the smuggled goods was Ho Si Quy, a citizen of Nghe An Province's Quynh Thanh Commune. The meat was being transported from the north to the south for consumption, he said. The driver did not present any document to prove the origin of the cattle meat. The provincial environmental policemen and veterinary department officials took possession of the meat and would deal with it according to the law. On Monday, Binh Phuoc southern province's Bu Dop District market management team in co-ordination with the district's … [Read more...]

Apartment buildings likely to be categorized

Manh Tung The classification of apartment buildings is mentioned in a draft circular which the Ministry of Construction has passed around for comment. Nguyen Manh Khoi, deputy head of the Housing and Real Estate Market Management Department under the ministry, said at a conference in HCMC over the weekend that the circular would be applicable to commercial, resettlement and multi-purpose condo projects if it is issued. Apartment buildings will be graded based on architecture, social and technical infrastructure, condo quality and management services. Khoi said apartment buildings assigned with 90-100 points would be categorized as A, B with 80-90 points and C with less than 80 points. The appendix of the draft circular has specific criteria to classify apartment buildings. For instance, projects with sport and commercial services available for use less than 500 meters away from condos will be added two points and over 500 meters one point. Many enterprises said ranking is … [Read more...]

Truly competitive power market still a decade away for Vietnam


VietNamNet Bridge – Not until after 2022 will Vietnam have a full-fledged competitive power market, says a draft decision on a roadmap for development of the local power market. The draft decision was on Tuesday posted on the website of the Ministry of Industry and Trade for public comments. According to the draft, Vietnam’s competitive power market will have three levels of development. The competitive power market is taking shape at its first level, which will last until 2014. From 2015 to 2022, the competitive wholesale market will be developed, and thereafter the competitive retail market will be formed. The formation of the competitive power market is aimed at abolishing subsidy in the power industry, providing customers with a multiple choice of power suppliers, attracting investors into the power sector and reducing the price hike pressure. However, Tran Viet Ngai, chairman of the Vietnam Energy Association, said the time for the competitive power market to … [Read more...]

Real estate market bright in January

An under construction project in Binh Chanh district, HCMC (Photo: SGGP)

The Housing and Real Estate Market Management Department under the Ministry of Construction said that the number of transactions posted a rather good year on year growth rate in January. That was equal to the number in the previous month. Hanoi saw 1,600 successful transactions while HCMC had the same number. Market liquidity highly increased, the most traded segment was small and medium commercial housing with one-two bedrooms and the price of about VND1 billion (US$45,000). Housing price was stable in January. Only projects with advantageous traffic, good position and on-schedule progress were offered for sale at a slight increase price. As of January 20, real estate inventory value was VND49,140 billion (US$2.21 billion) including 7,520 apartments worth VND10,621 billion; 7,474 houses worth VND13,267 billion and 1.57 million square meters of commercial housing land worth VND4,390 billion. … [Read more...]