VietNamNet Bridge - The modern retail model is one of the best ways to approach the Vietnamese consumer goods market, with its young population, rising income, and shifting consumption habits, from traditional stores to shopping malls. The Vietnamese retail market has been growing rapidly According to Ban Viet Securities, the size of the home appliance market in the country increased from $3.2 billion in 2014 to $4.6 billion in 2017, a total growth rate of 43 percent in three years. The sales in traditional retail channels decreased by half, from $1.9 billion to $1 billion, but the sales in modern retail chains soared from $1.4 billion to $3.7 billion. This means there are still many great opportunities for modern retailers in FMCG (fast moving consumer goods), jewelry, mother & children’s products and pharmaceuticals. RELATED NEWS Vietnam listed among top six most-attractive retail markets Convenience stores aid growth of Vietnam’s retail industry … [Read more...] about Modern retail model growing faster than entire retail industry
Industry
Art program to celebrate August Revolution, National Day and Day for establishing a cultural industry
Illustrative image (Cinet)- Decision No.1387/QĐ-BVHTTDL on April 25 of the MOCST relates to organize art program “the autumn melody” on 70th anniversary for the August Revolution, National Day and Day for establishing a cultural industry.Accordingly, the Ministry entrusts Arts Performing Department to ensure design decoration, implement the stage, and install sound and lights. The expenses are extracted from the budget 2015.Vietnam National Symphony Orchestra is responsible for building a scenario, construction, propaganda, advertisement, performance and some relevant tasks. The expense is extracted from the budget 2015 of the sector and socialize source.The National Sports Complex (NSC) is responsible for ensuring location, organizing audience, performance, security, health, hygience and relevant tasks. The expense is extracted from socialized source.The Decision replaces Decision No. 1009/QĐ-BVHTTDL on April 03, 2015 of the MOCST. … [Read more...] about Art program to celebrate August Revolution, National Day and Day for establishing a cultural industry
Cao Bang industry promotion needs more assistance
ObstaclesFrom 2014-2017, Cao Bang Province was allocated VND3.77 billion for industry promotion, including VND1.5 billion from the provincial industry promotion program and VND1.27 billion from the national program. The provincial Industry Promotion Center implemented 33 training, modern equipment and machinery application, and technical demonstration model projects using the allocated capital. The Cao Bang Province Department of Industry and Trade said that in recent years, industry promotion projects in the province have improved qualitatively and helped many rural industrial establishments renovate technology and equipment and increase sales.However, the industry promotion capital that Cao Bang received is insufficient compared with the needs. Most rural industrial establishments in the province are small and micro-sized and they are encountering difficulties in accessing capital and technology. It is thus hard to find qualified candidates in the province to benefit from industry … [Read more...] about Cao Bang industry promotion needs more assistance
Education key for Industry 4.0
VietNamNet Bridge – Professor Nguyen Xuan Thu, former vice chancellor of RMIT University in Melbourne, co-founder of the RMIT International University Viet Nam and the Australia-Viet Nam Education Promotion Association (AVEPA), tells giaoduc.net.vn that traditional universities can collaborate with online teaching establishments to meet the needs of Industry 4.0. What do students need for the fourth industrial revolution era? Although there are various opinions on the reality of the fourth industrial revolution, we have to be aware that with the rapid development of modern technologies and sciences, workers have to prepare themselves by acquiring necessary skills and knowledge.According to statistics by Massive Open Online Courses (MOOCs), in 2011 there were 16 to 18 million people taking part in open online courses.Four years later, the number reached 35 million people who registered for 4,200 online courses provided by 500 training hubs that issue certificates from … [Read more...] about Education key for Industry 4.0
Ha Tinh: Implementing to build up the modal “consolidating cultural family in the phase of enhancing the industrialization, modernization of the country”
(Cinet) – Recently, the Ha Tinh Department of Culture, Sports and Tourism has cooperated with the Can Loc People’s Committee to hold a training course to build up the model of “consolidating cultural family in the phase of enhancing the industrialization and modernization of the country” in Khanh Loc Commune. The training course has over 100 students who are heads of commune and representatives of communes in the region of Khanh Loc commune (Can Loc district). At the training course, students were heard representatives of the Department of the Cultural and Family lifestyle (Ha Tinh Department of Culture, Sports and Tourism) to present the brief basic knowledge of building up the model , and preventing and fighting against family violence with some issues in building up cultural family, civilized attitude in each family and in the society, ect. Also at the training course, students have been issued many documents in family, fighting against family violence … [Read more...] about Ha Tinh: Implementing to build up the modal “consolidating cultural family in the phase of enhancing the industrialization, modernization of the country”