The situation, however, has produced both opportunities and challenges for Vietnamese enterprises in building a trademark for local farm produce that is recognized in foreign markets. Cao Thi Kim Lan, director of Binh Dinh Fishery JSC, said that due to the European Commission’s yellow card on Vietnam’s seafood exports to the European market, 100% of the firm’s exported seafood products were being detained at destination ports for check. The firm has faced multiple difficulties in meeting requirements related to the origins of legal fishing products. Of the 10 fishing boats supplying these materials, the company has only made purchases from three or four boats that have succeeded in meeting the requirements, while the remaining boats failed to sell their products as their owners could not present any fishing diaries or identify their fishing locations. Keeping detailed diaries on fishing practices seems strange to fishermen who are used to traditional fishing … [Read more...] about Foreign markets tighten control on origin traceability
Verizon launches first 5g services for home broadband market
Fulfilling the potential of the risky condotel market
In light of the Cocobay Danang situation, Mauro Gasparotti, director of Savills Hotels APAC, writes on his expectations of the condotel market in Vietnam, and what solutions could be found to ease the situation. Mauro Gasparotti, director of Savills Hotels APAC We have published some white papers over the past few years outlining the pros and cons of condotel products, as well as the risks and opportunities for both buyers and developers. A condotel is a great product for individuals to own and is attractive for developers. However, both buyers and developers should have a full understanding of this product, which is more complicated in comparison to other real estate assets. Condotels contain residential characteristics to ensure that buyers will identify it as a “second home” product, therefore enriching their comfort when they use it for themselves. Condotels also consist of hospitality features which need to be designed following hotel models and standards, in … [Read more...] about Fulfilling the potential of the risky condotel market
Vietnam’s 49th UPU International Letter Writing Contest Launched
Entries of no more than 800 words can be sent to the Tien Phong Newspaper at 5 Hoa Ma Street in Ha Noi. Speaking at the launching ceremony at Thanh Cong Secondary School in Hanoi, Deputy Minister of Information and Communications Pham Anh Tuan said that the contest aims at raising young people’s awareness of the important role postal services in our societies, and social issues and their thoughts about these problems. It additionally helps foster an appreciation for the art of letter-writing. The contest in Viet Nam is organized by the Ministry of Information and Communications, the Ministry of Education and Training, the Ho Chi Minh Communist Youth Union (HCYU) Central Committee, Vietnam Writers' Association, Vietnam Post Corporation and the Tien Phong Newspaper. Created by the 1969 Tokyo Congress, the annual competition was launched for the first time in 1971. Viet Nam first joined the contest in 1987 and attracted millions of entries from youngsters nationwide. Each year, … [Read more...] about Vietnam’s 49th UPU International Letter Writing Contest Launched
Validus Capital has launched Validus Vietnam
To meet the financing needs of SMEs in burgeoning industries, including manufacturing, real estate, construction, healthcare, consumer services, retail and wholesale trade, Validus Vietnam will partner with corporates to provide SME growth financing to their vendors and subcontractors. Pilot programmes with partners that are in the pipeline include Medicare Vietnam, the largest pharmacy, health, beauty and personal care retail group; and Unicons, a member of Coteccons Group, one of the leading private construction enterprises in Vietnam. Validus Vietnam will operate using the same proven proprietary technology and credit scoring systems currently used in Singapore and Indonesia to provide Vietnam’s SMEs access to fast, reliable and affordable sources of growth financing. Built on the same validated processes, technology and robust credit algorithms, Validus Vietnam’s platform will be further adapted and tailored to cater to the unique needs of SMEs in the country. Ms. Tran … [Read more...] about Validus Capital has launched Validus Vietnam
Calendar app inspired by Trường Sa (Spratly) Archipelago launched
A screenshot of the calendar app inspired by Trường Sa (Spratly) Archipelago. — VNS Photo Minh Thu HÀ NỘI — Images of the Trường Sa (Spratly) Archipelago can appear not so far away thanks to a new calendar app. The app was launched on Thursday in Hà Nội as a result of the collaboration between Trường Sa – DK1 Rig Fund, Hoàng Trường Media, the Committee for Connecting Spratly Soldiers and overseas Vietnamese community. The project of building Spratly calendar application started last year, according to Lê Hồng Quân, vice director of the project. The app also provides information about the islands and anniversaries. Users can take notes, consult information of weather and save the key dates. “The app will help spread the love for the Spratly Islands and sea territory of the country, raise people’s awareness of the national sovereignty and bring … [Read more...] about Calendar app inspired by Trường Sa (Spratly) Archipelago launched