Microsoft officially appoints new country manager in Vietnam

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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

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VietNamNet Bridge - 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 … [Read more...]

The origins of made-in-Vietnam cell phones

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Some domestic brands of hand phone have appeared in the local market in recent years, namely Mobell, Q-Mobile, ConnSpeed, Bavapen, F-Mobile and MobiStar. Many of them carry Vietnamese names, but they actually hail from China. With super-cheap components from China, manufacturing cell phones is rather easy so many Vietnamese firms have jumped into this market. The boom of Vietnamese brands Among the above mobile phone brands, A My company's ConnSpeed products were launched in late 2007 for common users, priced between 1-3 million dong. Q-Mobile is the brand of ABTel company. Meanwhile, Bavapen belongs to Thanh Cong Mobile company. MobiStar and F-Mobile are the latest brands of P&T Mobile and FPT, and appeared in May and June 2009. These products also aim at common users, with prices of less than 2 million dong. Most of these made-in Vietnam phones have the same basic functions: music playing, camera, Bluetooth connection, two sims. The designs are abundant but many models … [Read more...]

Going local

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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

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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...]

Ministry asks to quicken social housing building

The Ministry of Construction has recently asked local authorities nationwide to quicken the building of social housing, in a bid to comply with the national housing development strategy. Among the requests was to simplify administrative procedures in determining which borrowers were eligible for preferential loans from the Government's VND30 trillion (US$1.33 billion) support package for the realty market. In addition, coordination with the State Bank of Vietnam and credit institutions was needed to tighten inspections to prevent abuses during the implementation of the preferential loan package. Further, the measures seek to guarantee that the assistance package helps those people it was intended for, as well as developers, and to speed its disbursement, according to the ministry. Statistics from the Ministry's Housing and Real Estate Market Management Department indicate that, as of the end of July, only one-third of the support package had been disbursed, some two years after … [Read more...]

Ministry gives social housing another push

Apartment buildings in the Viet Hung social housing urban area in HA Noi. At the end of July, only one-third of the VND30 trillion (US$1.33 billion) preferential package had been disbursed. — VNS Photo Doan Tung HA NOI (VNS)— The Ministry of Construction recently asked local authorities nationwide to quicken the building of social housing, in a bid to comply with the national housing development strategy. Among the requests was to simplify administrative procedures in determining which borrowers were eligible for preferential loans from the Govern-ment's VND30 trillion (US$1.33 billion) support package for the realty market. In addition, coordination with the State Bank of Viet Nam and credit institutions was needed to tighten inspections to prevent abuses during the implementation of the preferential loan package. Further, the measures seek to guarantee that the assistance package helps those people it was intended for, as well as developers, and to speed its … [Read more...]

Foreign property ownership rules clarified

Manh Tung A foreign customer (C) seeks advice at the launch of Sacomreal’s Jamona Home Resort project. Eligible foreigners can buy homes in Vietnam regardless of the duration of visa validity - PHOTO: TL The commission under the Ministry of Foreign Affairs made clear the point in response to an inquiry by the HCMC Real Estate Association (HoREA) over procedures and conditions for foreigners to own homes in the country. The commission cited the 2014 law on entry, exit and residence of foreigners in Vietnam as saying that Vietnam issues 20 types of visa with durations of validity ranging from 30 days to five years depending on purposes of visit. Besides, foreigners who are permitted to enter Vietnam but do enjoy privileges and diplomatic immunity can own houses in Vietnam as stipulated in the 2014 Housing Law, the commission said. In its documents sent to the ministries of public security, foreign affairs and construction last month, HoREA proposed granting visas valid for … [Read more...]

HCMC sales promotion month to open tomorrow

Inside a supermarket in HCMC. Many made-in-Vietnam products are favorite by local consumers (Photo: SGGP)

Ho Chi Minh City will open the annual Sales Promotion Month 2015 tomorrow at Phu Tho Indoor Stadium to stimulate consumption demand and boost the ‘Vietnamese consumers give priority to Vietnamese goods’ campaign. The opening ceremony has the attendance of 360 businesses selling their goods at 600 stalls, said t he organization board, adding that over 2,000 firms and 4,000 households from traditional markets and shops across the city have registered to participate in the program at 6,200 retail outlets. The program’s expenditure is estimated at VND2.2 trillion (US$97.63 million). Businesses will offer 5-49 percent discounts on various types of commodities including consumer goods, food, cosmetics, medicines, electronic and fashion items and services like banking, telecommunications, interior decoration, tourism and hotels. Besides, they will provide products on trial basis to customers. Mr. Nguyen Phuong Dong, deputy director of the city's Department of Industry … [Read more...]

Too much rubbish on Phu Quoc Island

Collecting waste from Duong Dong River.

VietNamNet Bridge – The pressure of pollution is increasing along with the the hot pace of development of Vietnam’s largest island of Phu Quoc (Kien Giang province), while the local government has not found solutions for environmental problems for this tourist island. Related news Photos: Phu Quoc Island covered with rubbish Both foreign and domestic tourists have shown their dissatisfaction about the environment on Phu Quoc Island. Showing a plastic bag that he just fished out of Truong Beach, a Canadian tourist named Johns shook his head and said: "Rubbish, rubbish, rubbish ... I saw rubbish everywhere, on the street and at the the beach... ". Tam, a tourist from HCM City, said his foot was injured by a piece of glass on the beach of Dinh Cau, the center of Duong Dong town. Raising the piece of glass up in front of dozens of tourists, Tam said this was not the first time he saw a piece of broken glass on Dinh Cau beach. Hundreds of people swim at this beach every … [Read more...]

Shoe industry hopes to kick-start nation’s brands

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(VOV) - Over the past five years, the news has become increasingly filled with stories about manufacturing shifting from China to Vietnam, perhaps no more evident than in the footwear industry. In 2010 it was revealed that Vietnam became the primary supplier of Nike-branded footwear, one of the world’s premier shoemakers best known for its inspirational advertising trademark – Just Do It – that led to record breaking sales growth in the US market. According to official statistics, Vietnam now ranks among the globe’s top four largest footwear manufacturers in terms of volume of shoes produced trailing China, India and Brazil, which success has been highly dependent on lower labour costs. However, Vietnam’s growth in the industry has been limited to that of a manufacturing supplier for the major brands and it has not developed any international brands of its own, which has led many to wonder whether it will ever be in a position to do so. However, the … [Read more...]

Bangkok bomb blast scares Vietnam tourists away

Dao Loan Local travel firms said many guests had called them to get updates on the situation in Bangkok on August 18 and that some had cancelled their tours while others stuck to their travel plans. A number of travel firms reported falls in bookings of Thailand tours on August 18. "The number of customers buying Thailand tours is down 20-30% against normal days," Vietravel general director Nguyen Quoc Ky told the Daily on August 18 afternoon. Ky confirmed his firm’s guests in Bangkok were still safe and no one wanted to terminate their tours earlier than scheduled. Meanwhile, other tour operators said many of their customers were hesitant to confirm their participation in the already-booked tours to Thailand or switch to other countries though tour operators are willing to help customers rebook their tours. Nguyen Thi Tuyet Mai, marketing manager of Ben Thanh Tourist, told the Daily on August 18 that some customers phoned the company on August 18 to ask for … [Read more...]

Tourists cancel trips to Thailand after Bangkok blast

Foreigners offer prayers at the reopened Erawan shrine in Bangkok on August 19, 2015. Photo AFP/Christophe Archambault Tourist agencies in Vietnam said most of their clients have cancelled their planned trips to Thailand after a bomb attack in Bangkok killed at least 22 people, half of them foreigners. Vu Linh Phuong, a representative of Ho Chi Minh City-based Lua Viet Tours, told Thanh Nien on Tuesday: "A group of 50 people and 20 individuals scheduled to travel to Thailand in coming days have cancelled their bookings." "All of them had paid for the tours, so we are persuading airlines, hotels, and restaurants to offer refunds without charging cancellation fees," said Phuong. Tran Bao Thu, marketing manager of Fiditour, also based in HCMC, said many of its clients who had planned to visit Thailand changed their destination, with some choosing Singapore and Malaysia and others switching to local tourist sites like Hanoi and Phu Quoc. Meanwhile, Hanoi Redtours said it decided to … [Read more...]

Tourists cancel trip to Thailand after Bangkok blast

Foreigners offer prayers at the reopened Erawan shrine in Bangkok on August 19, 2015. Photo AFP/Christophe Archambault Tourist agencies in Vietnam said most of their clients have cancelled their planned trips to Thailand after a bomb attack in Bangkok killed at least 22 people, half of them foreigners. Vu Linh Phuong, a representative of Ho Chi Minh City-based Lua Viet Tours, told Thanh Nien on Tuesday: "A group of 50 people and 20 individuals scheduled to travel to Thailand in coming days have cancelled their bookings." "All of them had paid for the tours, so we are persuading airlines, hotels, and restaurants to offer refunds without charging cancellation fees," said Phuong. Tran Bao Thu, marketing manager of Fiditour, also based in HCMC, said many of its clients who had planned to visit Thailand changed their destination, with some choosing Singapore and Malaysia and others switching to local tourist sites like Hanoi and Phu Quoc. Meanwhile, Hanoi Redtours said it decided to … [Read more...]

Chemical firms a threat to safety of Ho Chi Minh City residential areas

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Ho Chi Minh City now has a total of 948 firms directly importing and trading in chemicals and they are scattered around residential areas, causing great risk of fire and explosion. The companies deal in over 7,000 different kinds of chemicals, said Diep Dang Khoa, vice head of the representative office of the Chemical Department under the Ministry of Industry and Trade. At a meeting on last week on state management over chemical trading in the city, relevant agencies said that there has been overlapping in the control of chemical trading. The municipal Department of Industry and Trade is now tasked with managing industrial chemicals. The Department of Health is assigned to manage the trading of chemicals used for health and food processing activities. And the Department of Agriculture and Rural Development supervises the usage of chemicals in aquaculture, veterinary medicine, and vegetation protection. In addition, there is also a problem with law enforcement when it … [Read more...]

Singapore investors dive into local market

Xuan Phuong Urban Area in the capital city's Nam Tu Liem District. According to the Law on Housing, which came to effect on July 1 this year, foreigners are allowed to own a maximum volume of 250 villas in one housing project. — VNA/VNS Photo Tuan Anh

HA NOI (VNS) — Regulatory reforms to create more open policies are making the domestic property market more attractive to foreign investors, including those from Singapore. Winston Lee, product manager of Property Guru, one of Singapore's leading property sites, was quoted by Dau Tu Bat Dong San (Property Investment) as saying that a recent survey of Singaporean developers on the attractiveness of property markets in the Asia – Pacific region had ranked Viet Nam third, placing it after Malaysia and Australia. The attractiveness of Viet Nam's property market stems from a combination of factors, including the country's economic recovery and regulatory reforms, especially with the amended Law on the Real Estate Business and Housing taking effect from the beginning of July with loosened policies for foreigners buying houses. He said rich Singaporeans were seeking opportunities to invest in property abroad as opportunities in the home market were narrowing. Singapore has an … [Read more...]

34,000 low-quality nutritional supplement vitals destroyed

The market management bureau in Ho Chi Minh City yesterday destroyed 34,000 low-quality nutritional supplement vitals in Le Minh Xuan Industrial Park in Binh Chanh District. The market management bureau destroyed 27,756 nutritional supplement vitals of The Gioi Khoa Hoc Tu Nhien Joint-Stock Company and 6,426 vitals of Hop Nhat Company. These products cost around VND4 billion (US$181,280). Most of products are made in the US, or France and just a few are made locally. Through investigation, market management officials detected these products were low quality accordingly they should be removed from market and destroyed. Most of products are cosmetic products for women and men The market management officials asked the two companies to remove them from the market and destroy them as well as issued fines to imported companies. Along with this, the market management bureau also destroyed products that are fake or unsafe such as sandals, glasses, bags, toys and dairy products. … [Read more...]

Chinese storytelling machines deliver inappropriate content to kids in Vietnam

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Numerous storytelling machines sold in Vietnam as kid’s toys have recently been found containing inappropriate content, including sex and drugs. The machines, many of which are Chinese-made, are easily found at many kid’s toy shops in Ho Chi Minh City. They are sold at a wide range of prices, from VND25,000 (US$1.15) to VND500,000 ($22.97). The most expensive kinds are machines shaped like a pillow which tell stories when users turn on a switch, as well as kitten-shaped tools which are activated when users touch them. The prices for these machines range from VND150,000 ($6.89) to VND500,000. The cheapest and best-selling kind is the machine shaped like a touch-screen phone, which parents often choose since they do not see the need to spend a lot of money on a toy as children will soon get bored with it. None of these are recommended for use for children under three, however, the content contained in these machines could shock even adults. Accounts of a man … [Read more...]

Prioritizing anti-drought in summer-autumn crop

PPC Chairman, Mr. Pham Dinh Cu addressing in the conference

PPC Chairman, Mr. Pham Dinh Cu, has recently chaired the regular PPC conference to assess the situation of economy-society, and security-national defense situation in July, simultaneously, proposing tasks for August, 2015. According to the PPC, during July, 2015, there was stability and growth in the sector of economy-society, and national defense-security situation throughout the province. In particular, many sectors reached the fair results, including the industrial production value of over VND 1,200 billion, up 7.8%; total export turnover of USD 9.4 million, up 13.8%; the total investment of the State’s developing sector is estimated at VND 859.4 billion, up nearly 59%; exploiting seafood of around 6,527 tonnes, up 7.6%; the budget’s total revenue of nearly VND 1,500 billion, reaching 60% of the provincial budget ... However, the long lasting heat caused decreasing the area of food crops and short-term industrial plants over the same period; so far, the lack of water … [Read more...]

Are billions of dollars heading for Vietnam from China?

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VietNamNet Bridge - Analysts have cautioned the public about assuming that billions of dollar worth of capital will come to Vietnam because of the Chinese stock market problems. International media has estimated that about $3 trillion worth of capital has ‘evaporated’ from the Chinese stock market. Some Vietnamese analysts believe that the money may head for Vietnam, one of the most profitable frontier markets. Nguyen Tu Anh from CIEM noted that the capital outflow from China would be a great opportunity for Vietnam. If the Chinese stock market continues to fail and the Chinese economy continues to cool down, the trend of investors leaving China would become more apparent. Meanwhile, Vietnam is a reasonable alternative destination for investors. Anh also said that the new policy on allowing foreign investors to hold up to 100 percent of stake in Vietnamese enterprises would encourage foreigners to pour money into Vietnamese stocks. However, Dr. Le Dang Doanh, a … [Read more...]