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...]

Social News 20/3

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Google gets its translate on in Vietnam After a successful 18 March launch in HCMC of the new Google Translate Community, the U.S. Embassy’s American Center in Hanoi, in cooperation with Google, will host "Love Your Language" translate-a-thon on March 21. At this event, Google invites Vietnamese to participate in this collaborative effort to improve the Vietnamese language on the web and help make useful information more accessible to users in Vietnam, and abroad. While Google Translate has been available in Vietnamese for some time, there is a lot that Vietnamese speakers can do to help improve the quality of Vietnamese translations online. Two go missing after boat capsizes in reservoir Two persons were missing after a boat capsized in a reservoir in the northern mountainous province of Ha Giang on Monday, authorities said. The two missing persons were identified as a couple from Xuan Hoa Village in Quang Binh District's Tien Nguyen Commune. The couple was travelling in … [Read more...]

A market where traders are almost sleepless

Kim Phuong, a trader at Binh Dien Market, weighs seafood at her stall

Nguyen Quyen and Thanh Hoa The market turns more bustling when trucks from other provinces arrive. Traders and their partners talk business while porters are busy unloading goods from the trucks and delivering goods to customers. For some traders, the market is not only a place for business but also their second house. Kim Phuong, the owner of a seafood stall, said she has been working there for nine years. Various kinds of goods are transported to Binh Dien Wholesale Market from 9 p.m. every day. Seafood like fish, shrimp and octopus is classified according to their size and the needs of customers. From 1 a.m., small resellers from wet markets citywide come there to collect goods for resale early in the morning. According to the Binh Dien market management board, several thousand people frequent Binh Dien every night. The market creates jobs for a large number of people who are willing to work hard at night. … [Read more...]

Social News 9/3

Japan provide $580,000 for six projects The Japanese General Consulate in HCM City on March 6 held a contract-signing ceremony on the provision of 580,000 USD for six projects in the fields of health, education, and environment in Vietnam. Two of the projects will build the Ea Tir primary school in Binh Minh hamlet, Ea H’leo commune in the Central Highlands province of Dak Lak and upgrade the nursery school, the primary school, and the secondary school in Phuoc Tien commune, Bac Ai district, the central coastal province of Ninh Thuan. The health projects are to purchase equipment for the General Hospital in Tra Cu district in the southern Tay Ninh province, the reproductive health care centre in the central coastal province of Ninh Thuan and the health centre in Giang Thanh district in the Mekong Delta province of Kien Giang. The only environment project involves the construction of a water treatment system in Hung Thanh commune, Thap Muoi district in the Mekong Delta … [Read more...]

HCM City wants crackdown on Uber taxi services

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HCM City transport department wants the transport ministry to deal with unlicensed operators using the Uber taxi service. Uber taxi driver stopped in HCM City The department made the proposal after launching a crackdown on unlicensed public transport, targeting drivers offering services over the "Uber" mobile phone application. The municipal police have conducted three inspections of Uber taxi services between November 28 and January 7 at Tan Son Nhat airport, Saigon railway station, and busy roads in Districts 1, 3, and 5. Police found 38 violations -- offering an unlicensed transportation service, absence of identification insignia, failing to display transportation fees, and failing to produce a contract to carry passengers for Uber. Fines totalled nearly VND200m. The HCMC transport department will work with relevant authorities to make Uber register as a transportation service, not just as a hub linking intending passengers with available drivers. Uber may be banned from the … [Read more...]

SBV head calls for sustainable capital market

Both short-term and long-term investment capital currently stems from the banking system. - Photo vietstock.vn

Viet Nam must develop its capital market to avoid the current dependence of long-term investment capital on the banking system, State Bank of Viet Nam Governor NguyenVan Binh has suggested. Binh told online newspaper Vneconomy that the nature of banking activities is primarily to provide short-term capital and services. The capital market, or the securities market, must therefore take responsibility for providing long-term capital. However, both short-term and long-term investment capital currently stems from the banking system.An economy that needs investment for development must look to the capital market, and not just depend on the banking system for fulfilling capital needs. A long-term dependence on the banking system will distort short-term and long-term capital market functions in the banking system, Binh warned. He pointed out that the structure of the financial system rests on three main pillars: the currency, capital and insurance markets. But Vietnam only has the … [Read more...]

Vietnamese market watchdog officers charged in illegal trading of luxury vehicles

Vietnamese prosecutors said Wednesday they have officially pressed charges against eight people, including six market management officers, for involving in the trading of 85 illegal motorcycles. Among the eight is Huynh Van Xuan, the director of a private motorcycle company in Ho Chi Minh City. He was charged with "offering bribes." Six officers of the market management agency in the northern province of Hai Duong were charged with "receiving bribes" and "abuse of power." According to the prosecutors, between July 2007 and April 2008, Xuan offered bribes worth more than VND2 billion (US$93,660) to the officers, with the help of a middlewoman. In return, they seized unlicensed motorcycles in the province and resold them to Xuan’s company at very low prices, with new licenses. Prosecutors said 85 motorcycles, many of which were luxury vehicles, had been illegally sold by these officers to the company for a total of VND278 million ($13,018). Xuan then retouched the bikes and … [Read more...]

In-depth monetary market management

The word "belief" has cropped up often during the recent months when one talks about the monetary market and the management policies by the State Bank of Vietnam (SBV). The central bank has adopted a series of measures, as well as made explicit moves to stabilise the market, but a number of people still worry if the policies have been able to lay the foundation for market stability in the future. The Vietnam News Agency spoke to the Deputy Governor of the SBV, Nguyen Thi Hong, about this issue. Q: Can you tell us about the SBV's role in monetary management policies in 2014? A: Last year reflected the most obvious results of monetary policy management and banking operations. The SBV's management made an important contribution to maintaining inflation at a low level, stabilising the macro-economy and supporting economic growth, which helped improve the national credibility index. The monetary policy management also played a role in stabilising the monetary and foreign exchange … [Read more...]

The most prominent under-30 faces in Vietnam

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VietNamNet Bridge - Forbes Vietnam has released its first-ever list of 30 of Vietnam's brightest stars under the age of 30 in different fields, including business, communications, entertainment and sports. The faces on Vietnam’s 30 under 30 list. Photo: Forbes Vietnam "30 Under 30" is a list of rising stars of the future generation in various fields that was issued by Forbes USA magazine for the first time four years ago. This is the first time Forbes Vietnam has published a 30 under 30 list. The candidates for the list were nominated by the public and then selected by the category judges of Forbes Vietnam. On the list, there are faces widely known in Vietnam, especially among young people, such as Nguyen Ha Dong (computer game design – Flappy Bird creator), comedian Tran Thanh, blogger Tran Duc Viet - JVevermind (social media) and chess master Le Quang Liem. There are some people who are unknown to the public, but they are highly respected in their fields for … [Read more...]

Stepping up united anti-smuggling efforts

(VOV) -Chief of the Office of the National Steering for the Prevention and Control of Smuggling, Trade Fraud and Fake Commodities known as Steering Committee 389 Nguyen Van Can has attributed weaknesses in joining forces to the increasingly complicated smuggling situation in recent times. On the occasion of lunar New Year (Tet), a Radio Voice of Vietnam (VOV) reporter interviewed him about anti-smuggling activities in 2014 and tasks set for 2015. More than 206,000 cases of violation handled in 2014VOV:Last year, functional forces intercepted many large-scale smuggling cases. What are major contributory factors to the success?Mr. Van Be: Calendar year 2014 saw some positive changes in combating smuggling, commercial fraud and counterfeit goods. The result was attributable to the following factors: First, there was improved awareness about the harmful effects of smuggling, commercial fraud and fake goods, prominently evidenced by the political determination of the government, sector … [Read more...]

Province leader visits market management units

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​The PPC's Vice Chairman Dinh Thi Loan on Feb. 11 visited and presented Tet's gifts to the provincial market management Agency and market management teams in districts of Binh Son, Son Tinh and Quang Ngai city. Vice Chairman Loan acknowledged and praised the gained achievements of the officers and cadres of the market management units in anti-smuggling, trade fraud and counterfeit in the province area. On the occasion of New Year event, she sent her best wishes to all the market management units for a happy festival. Loan also reminded the units to supervise and control the market prices situations of essential commodities during Tet holidays, avoiding the fluctuation of prices. Minh Thien … [Read more...]

Bookings for Tet tours up 10%

Dao Loan Tour operators said customers prefer short trips to the coastal destinations such as Phan Thiet, Nha Trang and other sites in central Vietnam. Especially, package tours to Phu Quoc Island off mainland Kien Giang Province have been sold out. People with vacation plans for Tet do not have many choices one week prior to the holiday as it is not easy for them to book the tours departing from February 19 to 22, or the first to fourth days of the first lunar month. Notably, more families and groups of guests have booked hotel rooms, restaurants, shuttle services to and from airports and hire tour guides rather than buying package tours this year. As for outbound tours, the trips to Japan and South Korea have been booked by more people for their Tet holidays, while there has not been significant growth in bookings of tours to Thailand, Malaysia and Singapore. According to travel companies, familiar destinations have been less attractive to Vietnamese tourists while package … [Read more...]

Counterfeit goods undermine Vietnam’s economic prosperity

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(VOV) - The proliferation of counterfeit products in Vietnam-- from consumer electronics to pharmaceuticals and fertilisers -- is slowing the nation’s economic growth and even putting people’s lives at risk. The shift of much of the world's manufacturing to countries with poor protection of intellectual property has been a significant factor contributing to the growth of counterfeiting in recent years. It has made the technology and the opportunity to make knock-offs more readily available to the criminal elements of the world. Internet in general and e-commerce sites like eBay in particular, have also made it easier to distribute counterfeit goods. Equally important, far too many consumers in Vietnam with little disposable incomes are willing to accept a product of lower quality for a cheaper price— but little do they realize they are undermining Vietnam’s chances at building a better future for all. Negative impact on economy Minister of Industry and … [Read more...]

Knorr spice given as Tet gift to 5,700 Vietnamese workers identified as bogus

Fake Knorr bags are seen at Chutex International Co. Ltd., located in the Song Than II Industrial Park in Binh Duong Province. Photo:

Over 4,500 Knorr seasoning bags have been seized after many of them, offered by a company as Tet (Lunar New Year) gifts to its workers in a southern Vietnamese province, were identified as fake, local authorities reported. >> Vietnamese make-up brands new target of counterfeiters Almost 5,700 Knorr bags were given to nearly 5,700 workers at Chutex International Co. Ltd., located in the Song Than II Industrial Park in Di An Town, Binh Duong Province, local police said. More than 4,500 such spice bags have been taken back from the recipients as they have been confirmed to be counterfeit, police and market management forces, which are investigating the case, said on Friday. The company's trade union had earlier presented each employee with a 900-gram Knorr bag, along with some other items, as Tet gifts. Some of the recipients then found signs of counterfeiting in the spice bags, whose labels show Unilever Vietnam Co. Ltd. as the manufacturer. They have found "HSS," instead … [Read more...]

Breakfast @ Tuoi Tre News – February 7

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Tuoi Tre News briefs you on some of the leading stories published today, February 7, in Vietnamese media.Politics -- Vietnam is preparing to welcome all members of the Inter-Parliamentary Union (IPU) at its 132nd Assembly to be held in Hanoi from March 28 to April 1, with the theme of "Sustainable Development Goals: Turning Words into Action", the Vietnamese National Assembly’s Committee for External Relations said, adding that some 2,000 delegates from 150 countries and international organizations will join the event. Society -- Police in the southern province of Binh Phuoc on Friday arrested Nguyen Van Khai, 43, a local resident, on suspicion of killing a 59-year-old woman, Nguyen Thi Nga, and then burning her body to erase traces of crime. Khai was said to have killed Nga, a lender, to appropriate her property. -- Police and market management forces in the southern province of Binh Duong are investigating a case in which 5,700 bags of Knorr seasoning powder recently … [Read more...]