By Lê Hương Since August last year, an old house in Hà Nội’s Hai Bà Trưng District has been a familiar destination for students, children and even retirees living near and far. From a personal bookcase with dozens of titles, D Free Book has offered some 1,000 books of all genres including literature, economics, science, computer and foreign languages. The ‘D’ stands for ‘diamond’. Anyone can visit and borrow up to two books for two weeks then return them. “They don’t need to leave anything but their phone number,” said Hoàng Quý Bình, initiator of the library project. “At present, trust is as precious as diamond. And we believe in people, who are hungry for knowledge.” PAGE TURNER: Bình likes reading books and wanted to share his bookcase with the whole community, especially needy students. VNS Photo Lê Hương The books have been bought by … [Read more...] about Community projects help spread knowledge
Universal music group distribution
The Hanoitimes - No longer having the Content Hosting Agreement from YouTube means that Yeah1 will not be able to aggregate third party channels and share passive advertising revenue on YouTube, according to Viet Dragon Securities Company (VDSC)’s latest report. Vietnam’s Yeah1 to offload US-based ScaleLab after two months of acquisition Youtube incident sends Yeah1 shares plummeting for fifth consecutive day The recent incident about YouTube terminating the Content Hosting Service Agreement (CHSA) with Vietnam’s media group Yeah1 will cause the company to lose its revenue share from its YouTube third party/partners’ channels, leaving the company to rely on its remaining businesses. Youtube: Yeah1 Network This segment is mostly based on advertising on YouTube platform, contributing 28% of revenue and 51% of net profit after tax (NPTA) for Yeah1 in 2018, including three revenue sources: Ads revenue received from YouTube by displaying ads on … [Read more...] about What would Yeah1 have left following YouTube’s incident?
Firms should seek to grow stronger in global economy: experts Vietnamese businesses need to urgently adapt their management methods and bravely step out into the world in order to survive and develop in the context of global integration, said experts at a workshop held Ho Chi Minh City on December 13. Vu Thi Thuan, Chairwoman of Traphaco JSC, said Vietnam is going through an extensive and intensive integration process by engaging in groups such as the Asia-Pacific Economic Cooperation (APEC) Forum, the Association of Southeast Asian Nations (ASEAN), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the EU-Vietnam Free Trade Agreement (EVFTA). This allows businesses to expand their markets but also presents a lot of challenges and competition, she said, adding that the development of technology and artificial intelligence requires enterprises to map out sustainable development strategies. Businesses should make plans to maintain comprehensive … [Read more...] about BUSINESS NEWS IN BRIEF 15/12
Singaporean enterprises seek opportunities in Vietnam A Singaporean mission of nearly 20 firms will visit Vietnam from October 15 to 19 to sound out cooperation prospects. The trip is jointly held by the Vietnam Trade Office in Singapore, the Malaysia-Singapore Chamber of Commerce and Industry and the Singapore Business Federation. According to the organizers, the Singaporean delegation includes representatives of large corporations, such as Sembcorp, which has developed seven Vietnam-Singapore industrial park projects in Vietnam, and NTUC, the retailer accounting for more than half of Singapore’s market share. Besides visits to corporations and industrial parks in Vietnam, there will be trade promotion meetings in HCMC and Can Tho City so that enterprises of the two countries can seek partners and export goods. Representatives of the South Agency of the Ministry of Industry and Trade, the HCMC Department of Industry and Trade and the Vietnam Trade Office in Singapore will also … [Read more...] about BUSINESS NEWS IN BRIEF 18/10
Sudeep Nair, group CEO of Food Empire Holdings Group Café PHO was launched in the Vietnam market in 2013 - the launch has been a result of Food Empire Vietnam’s comprehensive understanding of the culture, the habit of drinking coffee and local taste in Vietnam, as well as the desire to connect with the Vietnamese consumers. With the strong and harmonious coffee taste, similar to the Vietnamese traditional filter iced milk coffee and a relatable and close name, Café PHO has quickly gained love from consumers. After five years in the market, the solid and continuous growth of Café PHO has exceeded the company’s expectation And Café PHO now is in Top 5 leading brands in the instant coffee category with approximately 10-per-cent market share in terms of volume, according to Nielsen Retail Audit Tracking as of June 2018. Until now, the brand has been proudly serving more than one billion cups of Café PHO to Vietnamese consumers all over the country. … [Read more...] about Food Empire launches the campaign ‘Café PHO Stir up the love for Vietnam’