National brand

  Terracotta pots are lined up by a furnace in Phổ Khánh Commune in central Quảng Ngãi Province. The province plans to recognise the brand ownership for the trade. — VNS Photo Công Thành  QUẢNG NGÃI — The central province will recognise the brand ownership for the pottery craft of Phổ Khánh Commune in Đức Phổ District in order to promote the preservation of the centuries-old trade. Chairman of the communal People’s Committee Phạm Kim Oanh confirmed the news to Việt Nam News, saying the trade was derived from the Sa Huỳnh Culture (from 2,500 to 3,000 years ago), and is preserved by local potters. He said three major potteries with 50 potters in the commune are producing terracotta products. “We have completed the recognition of the trade for prolonged preservation. The pottery commune was included in the provincial Lý Sơn-Sa … [Read more...] about Pottery trade to recognise brand ownership

Only licensed practitioners can provide efficient and safe cosmetic procedures (Photo: Le Toan) Working in Vietnam for seven years in the field of cosmetic surgery, South Korean doctor John Hwang still sees Vietnam as a ­market full of potential which is on the way becoming the region’s leading centre of in the field. “Vietnam has a large population and a high birth rate. In addition, more and more foreigners choose the country for medical services, particularly for beauty services, because of reasonable prices and good quality,” Hwang said. Meanwhile, Nguyen Phan Tu Dzung, director of JW Korea Plastic Hospital based in Ho Chi Minh City said at a recent conference on cosmetic surgery that the number of overseas Vietnamese coming to his hospital has increased by 20 per cent on-year. “Particularly in 2018, the hospital welcomed about 400-500 overseas Vietnamese to carry out plastic surgery,” Dzung said. “The demands are mainly for porcelain … [Read more...] about Cosmetic incidents raise legal debate

Meticulously wrapping a white linen scarf around her head, adjusting a silver necklace, Ly Thi Mai made the final touches before joining her friends. Cao Bang establishes Phia Oac – Phia Den National Park Top notch tea brews a highland recovery Ethnic minority women from Trang Village listen to the bulletin during their VSLA meeting. — VNS Photos Khoa Thu To the Dao woman, there are few occasions worth dressing in her traditional attire – a black dress with colourful brocade patterns, white scarf and silver jewellery. Summer is not a festive season in Thanh Cong Commune’s Trang Village, Nguyen Binh District, the northern mountainous province of Cao Bang. Mai and her friends were on the way to their frequent VSLA (village savings and loan association) meeting where they could listen to the latest bulletin on market prices and parenting. The monthly gathering is a highly-anticipated event for some twenty ethnic minority women even if it means they have to … [Read more...] about Better access to information means better chances to thrive

The Vietnamese private sector has gone on a journey from “no” to “yes,” suffering stumbles to become mature. Private sector expected to build sustainable aviation sector Removing private sector roadblocks Adjustments to put wind in private sector’s sails From zero Even though the Vietnamese private sector suffers from mistakes and losses, pioneers constantly appear, seeking ways for breakthroughs, and becoming mature, Dr. Nguyen Dinh Chung, Head of the Central Institute for Economic Management (CIEM). Economist Pham Chi Lan said that after the national liberation, the private sector was not recognized. Only in the renewal period, the private sector was mentioned. However, statistics showed that, after five years of reform, the private sector emerged outstandingly. Average growth rate of the non-state sector was 6.2pc. Meanwhile, the state sector only grew 1.9pc. The proportions of the state sector, non-state sector, and FDI sector are 31.8pc, … [Read more...] about Vietnamese private sector: From zero to big leap

The new economic models of transportation, lodging services, fintech, energy, and digital entertainment are expected to drive the sharing economy in Vietnam if regulatory sandboxes become more readily available.  VIR’s roundtable on deploying sandboxes in Vietnam’s sharing economy was joined by experts and businesses Fintech, considered a fairly new economic model, is facilitating the sharing economy which has been developing in Singapore and other regional countries in recent time. In Vietnam, fintech is beginning to take root, but without a lack of regulatory sandboxes for fintech advancement in the country. Validus Capital, a Singapore-based peer-to-peer (P2P) lending ­platform for small- and medium-sized enterprises (SMEs) and accredited investors, last week launched financial support services for SMEs in Vietnam, marking its official expansion to the country. However, Validus may suffer from challenges in related policies, though its plan is … [Read more...] about Appeals for sturdy sandbox direction