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/ February 8, 2021

Thailand prepares for RCEP ratification

In Thailand (Photo: VNA) Bangkok (VNA) – The Thai Ministry of Commerce planned to propose on February 9 to the parliament the ratification of the Regional Comprehensive Economic Partnership (RCEP), the world's biggest free trade deal signed by 15 nations in Asia-Pacific in November 2020. If half the RCEP member states (at least six ASEAN countries and four non-ASEAN countries) ratify the pact, it will be enforced instantly. Thai Vice Minister of Commerce Sansern Samalapa said after the parliamentary ratification, Thailand will move to improving domestic laws to be in compliance with the agreement. The local media quoted Samalapa as saying that the deal is expected to come into force this year and will support open, comprehensive and regulatory trade and investment. It will strengthen and maintain connectivity to regional production and the supply chain. The pact comprises 20 chapters, which include provisions for trade in goods, rules of origin, customs procedures, sanitary measures, e-commerce, small business, government procurement and dispute settlement. In 2019, the population of the RCEP signatories was almost 3.6 billion, or 48.1 percent of the total world population. The combined GDP of the RCEP members was worth more than 28.5 trillion USD, making up 32.7 percent of the world's GDP. Trade between members was valued at 11.2 trillion USD over the same period, 29.5 percent of the world trade./. VNA …

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/ February 9, 2021

Technology – key for 30Shine’s rapid development

Technology has helped 30Shine quickly expand its operations. — VNS Photo The application of technology, especially Amazon Web Services (AWS) Cloud, has helped Vietnamese-run 30Shine – one of the hair-salon chains for men – expand both home and abroad. Established in 2015, 30Shine has become a phenomenon for men because of a new haircut experience accompanied by many steps of care exclusively for men. In the past, 30Shine had only a few stores located along a number of large streets that cater to the stars and connoisseurs. The chain now has 80 stores serving young people in 20 cities and provinces nationwide with a total staff of more than 3,000. 30Shine has also expanded its multinational system when operating its first overseas store in Bangkok, Thailand in 2019. All 30Shine operations are managed through a single system. 30Shine is creating a modern business model that combines two elements of fashion and technology. Bui Quang Hung, co-founder and marketing manager of 30Shine, said: “With traditional management, business owners can directly manage several stores. But when the number of hair salons reaches 80, spread across 20 cities nationwide like 30Shine, this is impossible. Therefore, 30Shine management has considered technology as the core competitive element. “Through a smartphone or computer, we can control each store, instantly assess efficiency, forecast sales, number of customers, performance of the day. We can easily control a hair shop in Thailand thanks to technology," Hung added. The demand for men's haircuts at the end of the year increased so the system was always overloaded, requiring 30Shine to be upgraded in terms of technology. But if you continue to use a physical server system, it will be costly, not to mention time-consuming and not flexible enough to deploy. “The 30Shine management board made a bold decision to immediately apply cloud computing of Amazon Web Services - an advanced and relatively new …

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/ February 9, 2021

Co.opmart, Co.opXtra announce discounts on Tet goods until Eve

Co.opmart and Co.opXtra supermarkets around the country are increasingly offering discounts, causing them to be always crowded with shoppers. — Photo Thien Thu With only three days to go for Tet (the Lunar New Year), Co.opmart and Co.opXtra supermarkets around the country are increasingly offering discounts, causing them to be always crowded with shoppers. Fresh foods are the biggest sellers. So, from now until New Year Eve (February 11), many fresh foods and ready-to-eat dishes are being sold at discounts of 15-35 per cent at more than 100 Co.opmart and Co.opXtra supermarkets. For instance, fruits used as offerings in five-fruit trays like buoi duong la cam (pomelo with orange leaf), dragon fruit, black raisin, yellow papaya, and red apple, are sold at a discount of 15 per cent, round seedless watermelons and red pineapples are discounted by 20 per cent and vegetables such as broccoli and cucumber, by 35 per cent. The prices of minced pork and pork cuts are discounted by 15 per cent, and braised meat with eggs and pork-stuffed bitter melon soup are also reduced by 15 per cent. Roasted chicken costs VND99,000 per kilogramme. From now until New Year Eve (February 11), many fresh foods and ready-to-eat dishes are being sold at sharp discounts at more than 100 Co.opmart and Co.opXtra supermarkets. — Photo Thien Thu Also at this time Co.opmart and Co.opXtra are offering big discounts on processed foods and regional Tet specialties: a 1kg pack of Vissan pork paste is reduced to VND185,000, a 200gr pack of 10 Lai Vung Giao Tho fermented pork rolls cost VND23,800, a 500gr pack of G Fed green chili pork paste is discounted to VND91,600, a 400gr box of Vu Dai Co.op Select braised carp fish costs VND219,000, a 450gr box of APT dried shrimp is reduced to VND73,000, a 450gr glass jar of Song Huong pickled vegetables costs VND40,500, a 510gr box of Thuan Phat fermented tofu costs VND23,500 and a 150gr pack of vegetarian pork costs VND39,000. Under the ‘Buy …

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