Current trends in internet marketing

Harvesting dragon fruits for export in Long An Province. Việt Nam hopes to be allowed official export of dragon fruit to China this year. — VNA/VNS Photo China is the largest export market of Vietnamese fruits and vegetables, accounting for nearly 65 per cent of the total fruit and vegetable export value, according to Đặng Phúc Nguyên, general secretary of the Việt Nam Fruit and Vegetable Association. Besides durian, Việt Nam hopes to be granted official export permission for jackfruit and dragon fruit to this market from now to the end of this year. With increasing quality, Vietnamese fruits are popular among Chinese consumers. The fruit exports are forecast to maintain growth, especially with increasing demand during the holiday season. Last year, Việt Nam signed fruit protocols with China, bringing many advantages to Việt Nam's fruit and vegetable export activities. Phùng Đức Tiến, Deputy Minister of Agriculture and Rural Development, said that Việt Nam would continue … [Read more...] about China is the largest export market of Vietnamese fruits and vegetables

Thanh Tung dropped his major in marketing after pursuing it for a year and realizing it was not the right path for him. But for several months after switching majors, he’d been suffering from anxiety and insomnia over the decision. "I went to bed late, woke up at around 3-4 a.m., and could not go back to sleep until the morning. I had negative thoughts and cried a lot." The young man said he worried that his new major was just another "wrong decision." He felt like he didn’t have the energy to do anything other than lie down and surf his social media feeds. But this habit only compounded the problem from another angle. "Seeing so many talented people around my age on social media made me feel inferior," he said. "I felt like no matter what I do, I would never be as successful as them." Other aspects of his life had also been affected, including his relationships. Just a delay in the speed of his girlfriend’s text message replies made him wonder if she was tired of him or had … [Read more...] about Vietnamese youth suffer from overthinking, anxiety

Vincom Metropolis shopping centre in Hà Nội, developed by Vincom Retail (VRE). VRE lost 3 per cent yesterday. — Photo VRE The Vietnamese stock market ended Tuesday lower, extending losses for the second straight session. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,137.96 points, a decrease of 1.32 per cent. More than 1 billion shares were traded on the southern exchange, worth VNĐ21.6 trillion (US$884 million). The market's breadth inclined to a bearish zone with more stocks declining. Of which, 317 stocks of the main exchange dropped in the trading session, while there were 180 stocks rising. The VN30-Index, which tracks 30 biggest stocks in market capitalisation on HoSE, posted a loss of 0.57 per cent, to 1,153.37 points. In the VN30 basket, up to 9 stocks added points, while 19 ended lower and two were flat. Leading the market's downtrend on Tuesday was Vingroup (VIC). Shares of the property developer fell 3.2 per cent. The other two members in … [Read more...] about Shares decline for second straight session

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

Some property ventures are closer to admin issues being ironed out, Photo: Dung Minh A report from the Ministry of Construction (MoC) on the results of implementing Resolution No.33/NQ-CP and proposing solutions to remove complexities for the real estate market last month noted that the ministry continues to actively work with related bodies and localities to solve obstacles in delayed projects. During the last two years, Hanoi has resolved issues for more than 420 projects, equivalent to less than 60 per cent of those with documented problems. In that time, Ho Chi Minh City has resolved 67 projects, equivalent to 37 per cent, according to the report. The remaining localities are continuing to resolve business problems, while projects being dismantled will contribute to ensuring supply and promoting the market, it added. According to a report from the MoC on the first eight months of the year, a working group under the ministry has received an additional 112 documents … [Read more...] about Knots untangling for top projects in Vietnam’s key cities

Some of the biggest telecoms groups know that going digital will help claw back disinterest in more traditional areas Bui Anh Tuan, deputy head of Viettel Telecom’s IT Solution and Digital Service Centre, and his team are preparing to introduce new digital platforms to meet growing demand in the local smart home market. “We are developing new products, platforms, and services for smart homes such as fire alarm services connecting to security units, security services, and maid services, which are expected to come to the market by end-2023, or early 2024,” he told VIR. Smart homes are one of the businesses that Viettel has developed in the past two years in an effort to offset losses from its traditional business lines. One of its products being the Home Camera, an AI smart security camera solution, which is now found in 300,000 households. Meanwhile, its TV360 app boasts around 10 million users. Tuan said that like other mobile network operators, Viettel faced drops in … [Read more...] about Businesses compelled to venture into digital space

Vinh Hoan Corporation and Vietnam Food Company (VNF) were two of over 1,000 local and international food entrepreneurs from more than 45 countries to attend Food Ingredients Asia 2023 and Vitafoods Asia 2023 last week. Organised by Informa Markets in Bangkok on September 20-22, the two businesses from Vietnam were busy taking care of people visiting their booths. “We focus on exporting to the EU and Asia, and participating in exhibitions is an effective solution to find partners and distributors, said Thu Tran, chief sales officer of Vinh Hoan Corporation. “We have regularly participated in exhibitions, especially international ones. This year alone, we have attended exhibitions in South Korea, Thailand, and Germany as well as Vietnam.” Seafood processor and exporter Vinh Hoan has a subsidiary named Vinh Wellness, which was the first in Vietnam to apply high technology to produce collagen peptides and gelatin from basa fish skin. “Participating in international … [Read more...] about Exhibitions provide path for F&B ingredients enterprises

BAC A BANK is offering practical incentives that help businesses optimise cash flow Actively promoting businesses to seize all opportunities to maximise profits on the basis of optimising business costs, BAC A BANK is applying policies on fee support for business-oriented essential corporate financial services within the framework of a preferential fee combo programme. Conditions for participating in the initiative are rather simple. Current business customers of BAC A BANK only need to use three of the seven basic or essential products/services: loans, factoring/discounting of documents, guarantees, credit commitment, international payments, electronic banking, and demand deposits with an average of at least VND300 million ($12,660) in the previous six consecutive months. The programme also applies to new business customers that have never had an account at BAC A BANK or have an inactive account status. Accordingly, the preferential fee combo is being deployed from now … [Read more...] about BAC A BANK’s fresh links to businesses

At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production

Vietnam Airlines is aiming to become a digital carrier by 2025. How is it doing so far? Hoang Ngoc Chi, deputy director of the Digital Transformation Centre In 2022, Vietnam Airlines cooperated with Viettel Corporation to build a digital transformation strategy and the roadmap to implement that strategy. At the end of 2022, we issued a digital transformation strategy, in which visions, missions, and goals were clearly set out to become a digital airline by 2025, and have clearly worked out how to make it happen. Vietnam Airlines has a good starting point, with a digital maturity level at 1.57 points in 2022 out of a total of five points, as based on indicators for large enterprises as developed by the Ministry of Information and Communications. According to the digital transformation criteria, there are six main categories: customer experience, digital strategy, digital technology, digital operation, digital culture, and data. According to this criterion, to become a … [Read more...] about Vietnam Airlines steadfast in going digital by 2025