The company also presented funds to help 63 households in the communes to transform their coffee gardens. This was an activity within the "National target program on socio-economic development - model of soldiers associated with people in ethnic minority and mountainous areas in the period 2021- 2025” component project. Over the past years, Coffee 15 One Member Co., Ltd. has helped hundreds of poor households in the project areas of the two defense-economic zones transform their old coffee gardens, reclaim land for wet rice, fruit trees, and medicinal herbs to increase income, thus reaching sustainable poverty reduction target. Below are photos of Coffee 15 One member Co., Ltd. helping local people develop domestic economy. Translated by Song Anh … [Read more...] about Military business assists locals in economic development
Small company business structure
Mekong Delta develops more OCOP products
A showroom displays and sells products under the country’s One Commune-One Product (OCOP) programme and other products in the Cuu Long (Mekong) Delta province of Tra Vinh. (Photo: VNA) HCM City (VNS/VNA) - The Cuu Long (Mekong) Delta’s 12 provinces and the city of Can Tho are developing more products under the country’s “One Commune-One Product” programme. Launched in 2018, the OCOP programme focuses on developing specialty products and high-quality products in rural areas to increase incomes for locals and boost the sustainability of economic development in rural areas. OCOP products are commercial products and services such as food and beverages, handicrafts and rural tourism services. They are classified as having one to five stars. Under the programme, the Cuu Long delta, which is the country’s largest rice, seafood and fruit producer, has developed more OCOP products and increased their value. Can Tho recognised 18 new OCOP products last year, including 10 three-star … [Read more...] about Mekong Delta develops more OCOP products
Viettel named most valuable telecoms brand in Southeast Asia
Viettel is the only Vietnamese brand in the latest Brand Finance Global 500 rankings. (Source: baochinhphu.vn) Hanoi (VNA) – Viettel is the most valuable telecoms brand in Southeast Asia and the 17th in the world, according to the latest Brand Finance Global 500. At the 234th position globally, Viettel is the only brand of Vietnam and the only telecoms one of Southeast Asia listed in the 2023 rankings. Meanwhile, e-commerce company Amazon surpassed Apple to become the world’s most valuable though its brand value fell about 15% to 299.3 billion USD this year from 350.3 billion USD in 2022. Apple dropped to the second place as its brand value declined 16% to 297.5 billion USD. Brand Finance , founded in 1996, is the world's leading brand valuation consultancy present in 20 countries and territories./. VNA … [Read more...] about Viettel named most valuable telecoms brand in Southeast Asia
Apartment market to continue slumping this year
Decreasing demand for apartments in the region is also forecast to continue through at least the middle of the year. But it may begin to gradually rise by the last quarter of 2023 as legal bottlenecks and obstacles to credit are slated to be at least partially removed by the government, according to DKRA real estate consultants. DKRA Vietnam deputy R&D director Vo Hong Thang said apartment market liquidity, this year, would concentrate in affordable housing projects with prices of below VND50 million ($2,118) per square meter in HCMC and less than VND35 million per square meter in Binh Duong. Such social housing projects promise to be a ray of light in the otherwise gloomy 2023 market, he said, while adding the caveat that supply would still be limited. According to Thang, businesses are gradually supplying fewer high-priced homes and more affordable apartments and social housing units this year. He said this trend may last until 2025, with new supply focusing on the city’s … [Read more...] about Apartment market to continue slumping this year
What’s on January 30-February 5/2023
EXHIBITION HCMC-Exhibition ‘No more, not yet’ Opening: Feb 3, 06:30 pm EMASI Nam Long, 147 Street No.8, Nam Long Residential area, D7, Display: Feb – June, Wed & Fri, 10 am – 04 pm EMASI Nam Long (D.7) Tues & Thurs, 10 am – 04 pm EMASI Vạn Phúc (D.Thủ Đức) *and every last Saturday of the month From the organizer: Nguyen Art Foundation (NAF) proudly invites you to the opening of ‘No more, not yet’, an exhibition that looks back on Nguyen Thi Thanh Mai’s shapeshifting artistic practice in all its multiplicity. Winner of the Artist Excellence Award (inaugural edition, initiated by The Factory Contemporary Arts Centre and managed by in-tangible institute), her work is presented here alongside nearly 20 artists whom she calls her colleagues and friends. The exhibition will be on display from February to June 2023 across the campuses of EMASI Nam Long and EMASI Van Phuc. Hanoi-Exhibition “This is not A Dream” Exhibition: Until Mar … [Read more...] about What’s on January 30-February 5/2023
Global smartphone shipment slowdown could hurt Vietnam
Shipments declined 18.3% year-on-year in the December quarter to a little over 300 million units, U.S.-based International Data Corporation said Thursday. Xiaomi’s shipment volume declined steepest at 26.3%, followed by vivo (down 18.9%) and OPPO (down 15.9%). For the year, global shipments fell 11.3% and marked the lowest total for a decade, the researchers said. "We have never seen shipments in the holiday quarter come in lower," Nabila Popal, research director at IDC, said in a press release as reported by Bloomberg . Along with inflation and economic uncertainties, Covid lockdowns in China were another factor that hurt the industry, including sales of Apple Inc.’s iPhone, she said. "Heavy sales and promotions during the quarter helped deplete existing inventory rather than drive shipment growth." Smartphones are among the largest exports for Korea and a key source of income for Vietnam as Samsung Electronics operates factories in both countries. Samsung last … [Read more...] about Global smartphone shipment slowdown could hurt Vietnam
I am disappointed in my daughter-in-law
My son is doing well. He and his wife have stable incomes, they get along well, and have a son together. My daughter is not doing so well. She and her husband rent a home near ours, but they are struggling. Last year, her husband informed us that he was VND200 million ($8,533) in debt because his business was not doing well. He also owes my son VND30 million and owes my younger brother VND40 million. He sold his family’s land in the countryside to pay the debt, but could only pay VND100 million because market prices are low. He asked me to borrow money from my relatives on his behalf. I asked my daughter what kind of business her husband was doing that led to this situation. It turns out that he borrowed money online to gamble. I feel sorry for my daughter since she married a terrible husband. She does not want to divorce him because she wants her kids to have both a mom and dad. My daughter is now on maternity leave. Her husband only gives her VND2 million a month to pay for … [Read more...] about I am disappointed in my daughter-in-law
At California gun fair, few speak of recent massacres
With ammunition, rifles and bullet-proof vests on display, business is brisk at a Los Angeles area gun show -- so much so you'd never know a mass shooting unfolded nearby just days ago. Thousands of people turned out this weekend in the city of Ontario in California to view dozens of stands at the trade fair called the Crossroads of the West Gun Show. Women pushing baby strollers looked at small pistols while strapping young men examined military-style semi-automatic riles that can handle several calibers of ammo. The vibe is cheerful. Kids under 12 get in free. Most people did not want to address the elephant in the room, though, even as the state mourns. Kids look at magazines in a firearms and accessories shop at the Crossroads of the West Gun Show at the Convention Center in Ontario, California, on January 28, 2023. Photo: AFP A mass shooting at a dance hall in Monterey Park, a 30-minute drive away, left 11 dead on September 21. Two days later, another … [Read more...] about At California gun fair, few speak of recent massacres
Parents fall for child modeling scams on social media
Nguyen Thanh Tam from the northern city of Hai Phong was browsing Facebook last month when she came across a post seeking child models to promote a "major fashion brand’s" spring 2023 collection. Her daughter, who is almost 4 four years old, loves having her photo taken. She often strikes poses when her mother brings out her camera phone. Meanwhile, the single mom is too busy with work and has little time to spend with her child. So, she’s been wanting to find an extracurricular activity for her child. After signing her daughter up for the modeling gig, Tam was added to a private chat group on the messaging app Telegram where a fake talent scout asked for the baby's age, height and weight. This person later instructed her to contact a male coworker in a different chat group who would help her complete her daughter's application. The admin of the second chat group said the models could make VND7-15 million ($298-640) a month if the outfits used by the child commercial photo … [Read more...] about Parents fall for child modeling scams on social media