A man practices his driving skills in Ho Chi Minh City. Photo: Tuoi Tre These centers often encourage learners to pay additional fees aside from tuition in return for guaranteed success in theory tests required for driver’s licenses. Those agreeing to pay for the easy exams are now facing an inevitable consequence as they find themselves lacking the necessary skills and knowledge to drive an automobile in real life. Nguyen Thanh Tung, who lives in Go Vap District, recalled paying VND4 million (US$176) for a driving course at a local training center. Tung was also told to give the facility another VND1.5 million (US$66) if he wanted to pass his theory test without having to actually study. After agreeing to the request, Tung found himself doing literally nothing during the exam. As the theory tests were computer-based, all of his answers were automatically completed, he said. Similar, Bui Thi Hoa, an office worker in the southern metropolis, said she had picked a VND5.5 … [Read more...] about Driving schools focus on guaranteed pass instead of skills in HCM City
Theme of prometheus gives fire to man
Vinalines Unity, 22,000 DWT bulk carrier currently sailing under the flag of Viet Nam. — VNA Photo Viet Nam’s ports and shipping industry is more than sufficient to meet the country’s demand in import-export activities. That is the response from the Vietnam National Shipping Lines (Vinalines) to a Bloomberg report claiming container shipping may need to grow at almost twice the pace of the last decade, which was reported at 10-12 per cent annually, to keep up with new, surging demand. Bloomberg also claimed the country is facing a US$4 billion shortfall in developing its ports with no major projects nearing completion in the near future. Overcoming such an issue can prove to be a daunting task as the cases of early developers such as Japan and Korea have shown. A high-ranking Vinalines official told the Vietnam News Agency the inauguration of deepwater port Lach Huyen in northern port Hai Phong City has significantly increased northern region’s shipping … [Read more...] about Vietnamese shipping industry adequate to meet rising demand: Vinalines
Experts discussing on how to develop an ecosystem for e-commerce development At TechFest held yesterday (December 4) in Quang Ninh province’s Halong city, James Dong, CEO of Lazada Vietnam and Lazada Thailand, confirmed that the digital economy is booming in Southeast Asia, and is forecast to continue growing – and Vietnam is a rising star even in this group. Google Temasek predicted that the size of the regional e-commerce market by 2025 would reach $153 billion from $39 billion in 2019, while that of online travel would be $79 billion, online media $33 billion, and ride-hailing $41 billion. Of this, Vietnam is emerging as a potential market with CAGR of 49 per cent in its e-commerce market. As Southeast Asia’s leading and fastest-growing e-commerce platform, Lazada is building out an e-commerce infrastructure ecosystem to host the future of commerce. The platform has already built an international-standard logistics system in Vietnam to serve both buyers and … [Read more...] about Building an ecosystem for e-commerce development
Deputy Minister of Foreign Affairs Nguyễn Quốc Dũng. — VNA/VNS Photo Lâm Khánh Deputy Minister of Foreign Affairs Nguyễn Quốc Dũng, also head of Việt Nam’s ASEAN Senior Officials’ Meeting (SOM), speaks to Vietnam News Agency about the country’s ASEAN chairmanship role in 2020 2020 is the second time Việt Nam will take ASEAN chairmanship. The first time was in 2010. How do you view the regional context and Việt Nam’s position this time around? There are a lot of differences when Việt Nam takes over ASEAN chairmanship next year compared to 10 years ago. The world’s situation has changed rapidly and strong competition among countries has multi-dimensional impacts on ASEAN, posing many challenges ASEAN has to adapt to. However, I think they also bring opportunities for ASEAN, such as from the Fourth Industrial Revolution or Industry 4.0. In 2020, Việt Nam … [Read more...] about Việt Nam aims to boost ASEAN consensus as chairman
When news broke last week that one of Vietnam’s largest conglomerates, Vingroup, had plans to sell off its retail and agricultural arms to Masan Group, a major player in Vietnam’s fast-moving consumer goods (FMCG) market, industry insiders were unsure what to make of the announcement. The official line from Vingroup is that the deal is expected to provide the company with the resources it needs to focus its energy on technology and production sectors. Meanwhile, Masan’s strong position in the FMCG market will allow it to fully leverage the massive retail network that Vingroup has built over the past few years. Under an agreement reached on Tuesday, Vingroup’s VinCommerce and VinEco arms will be acquired by Masan and incorporated into Masan Consumer Holdings, which is Masan’s consumer retail business. Vingroup will exchange its shares in VinCommerce for a minority stake in a grand new retail company to be formed after the … [Read more...] about Why did Vietnam’s largest conglomerate sell of its retail arm?