VietNamNet Bridge - Vietnam Airlines, the national flag air carrier, unexpectedly lost its Number 1 position in terms of domestic passenger transport during Tet to Vietjet Air. However, it remains a favorite air carrier thanks to high OTP (on-time performance). A report of the Civil Aviation Authority of Vietnam (CAAV) on the air transport during Tet holiday, from January 26-31, showed that Vietnam’s airlines provided 4,781 flights, carrying 669,000 passengers and 9,400 tons of cargo, an increase of 15.6 percent and 23.6 percent, respectively, compared with the same period of the year before. The Tan Son Nhat International Airport received 4,208 flights, or 700 flights a day. The going-through output was 593,000 passengers, up by 15 percent, and 3,300 tons of cargo, up by 63 percent. Vietnam Airlines still was at the No 1 position in the Vietnamese aviation market with 282,898 passengers served, including 107,752 international and 175,146 domestic passengers. However, if … [Read more...] about Vietnam Airlines vs Vietjet Air: who will gain the upper hand?
The upper hand
At the crossroads between a divided Europe and a convulsed Middle East, Turkey is caught in a power struggle between former Islamist allies which is shaking democratic institutions and raises questions about its future path. Since a failed coup on July 15, the ruling Justice and Development Party (AKP) founded by President Tayyip Erdogan has gained the upper hand in its battle with clandestine networks in the military, judiciary and bureaucracy loyal to U.S.-based cleric Fethullah Gulen. This fight to the bitter end has alarmed the West and unsettled the country of 80 million, which borders the chaos in Iraq and Syria and is a Western ally against Islamic State. Erdogan accuses Gulen of masterminding the attempted coup by a faction within the military and has rounded up more than 60,000 people in an operation which he hopes will cleanse Turkey of what he calls the Gulenist "virus". The purges, carried out as Turkey faces attacks by Islamist State and a revived struggle with Kurdish … [Read more...] about Turkish president gains upper hand in power struggle
VietNamNet Bridge - State owned banks, which are backed by the State and have powerful financial capability, have been dominating the market for the last many years. However, joint stock banks have been trying to "encroach on state owned banks' territory". Thirty seven joint stock banks, five state owned banks, 50 foreign banks and foreign bank branches, two banks that serve social policies, 22 finance companies and five joint venture banks are operating in Vietnam. … [Read more...] about Banking market 2010: who is holding the upper hand?
Under the pressure of increasing supplies, office rentals in HCMC have dropped over the past 12 months and this year’s market will continue to benefit tenants. In particular, big companies with high prestige will enjoy advantages when negotiating rents with landlords. The market for offices for lease has changed compared with three years ago when prices of office buildings in HCMC’s downtown area leapt and landlords played a decisive role in fixing the rents. In the 2007-2008 period, the rent for grade-A offices in the city center was pushed up to more than US$80 per square meter and the market’s average rate fluctuated between US$60 and US$75 per square meter. Office buildings of grades B and C also refered to the rental offered by owners of grade-A offices in order to set their prices. An advertisement of offices and space for lease by Colliers … [Read more...] about When Tenants Gain The Upper Hand
The full download speeds (because the servers are located in Vietnam), the low service fees and simple payment methods, and the friendly interfaces are the biggest advantages of domestic data storage websites such as Megashare, Fshare, and 4share--over foreign service providers. Cheap and simple payment method c The 2011 NetCitizens Vietnam report released by Cimigo, a market survey firm; has pointed out that entertainment services are the second most popular things which have been done by users, just after information collection. 60 percent of Internet users downloaded music and 23 percent downloaded films. The number of people using the Internet to download music has increased by 15 percent over the last three years, while the number of people downloading films has increased by 6 percent in comparison with 2009. Analysts believe that the high demand for downloading films and music, Vietnam proves to be the "fertile land" for storage websites like Fshare, Megashare, … [Read more...] about Online storage service: domestic providers on the upper hand