iPhone XR is being offered at VND18 million at large retail chains in Vietnam. With a surprisingly low price, XR is even cheaper than 8 Plus. Just two or three years ago, the iPhone was listed among the products with the most stable prices. The devices would see prices unchanged for years, and prices would only fall when the next generation of iPhones hit the market. This is the first time a newly launched Apple product has seen prices drop so sharply. It has become even cheaper than the previous-generation 2-year-old model. Apple has not made any official announcements about price cuts, but large retail chains in Vietnam have slashed selling prices through big sale promotion programs. “The sales of iPhone XR are slow and the inventory level is high. The slashing of the selling price is a part of our strategy to improve the competitiveness of the product,” said Dang Thanh Phong from The Gioi Di Dong, the largest mobile phone distribution chain in Vietnam. Mai Lan … [Read more...] about iPhone XR price in Vietnam plunges, now cheaper than 8 Plus
Choreographer Vu Ngoc Khai will present a new show entitled Đáy Giếng (Into The Well) on June 28 in Hanoi. Khai currently works at the Konzert Theatre Bern, Switzerland. Youth Theatre to host Hanoi Dance Fest 2019 Latin dance fest to hit Hanoi Dancer Vu Ngoc Khai. — VNS File Photo He graduated from the Viet Nam Dance Academy and attended a one-year course at the Codarts Rotterdam Dance Academy in the Netherlands. He is the art director and co-founder of the 1648km Art Performance & Community Organisation. Le Hoa talks to Khai about his new show and career. Can you tell us about your new work? I choreographed Into The Well for the Hanoi Dance Fest 2019. The work is a journey of Vietnamese looking for their identity. In Vietnamese culture, the bamboo oars, communal house yards, water wells and mats are both propulsive forces and resistance for the individual human being. Striking through cultural challenges I wanted to reflect myself in … [Read more...] about Artist debuts new work at dance festival
In an effort to encourage exports in the context of the trade war, the Chinese central bank PBOC has set the yuan/US dollar reference exchange rate at 6.8365 yuan per US dollar, the lowest level since January 2019. The weakened Chinese yuan has raised big concerns for Vietnam, because China is one of the biggest export markets of the country. This will make Vietnamese exports to China more expensive. Seafood, fruits, farm produce and rubber, the biggest export items, are expected to suffer the most. According to the Ministry of Agriculture and Rural Development (MARD), Vietnam exported $1.4 billion worth of vegetables and fruits in the first four months of the year, an increase of 7.2 percent over the same period last year. China is now the biggest consumer of Vietnam’s vegetables and fruits, amounting to 72 percent of Vietnam’s export value. China is now the biggest consumer of Vietnam’s vegetables and fruits, amounting to 72 percent of Vietnam’s … [Read more...] about Vietnam’s producers meet difficulties as yuan weakens.
Vu Tien Loc, president of Vietnam Chamber of Commerce and Industry, and Caitlin Wiesen, UNDP Resident Representative in Vietnam, present certificates to business associations that have committed to joining the Business Integrity Pledge.-VNS Photo Khanh Duong Small and medium-sized enterprises were vulnerable to corruption, and while the losses to society as a whole were small, they hit those businesses hard, he said. “Five million household businesses makes Vietnam a ‘fertile land’ for petty corruption. However, this could be prevented by strengthening governance and creating conditions for this sector to thrive,” Loc said. According to the Organisation for Economic Co-operation and Development, spending on corruption accounted for up to 50 per cent of Gross Domestic Product worldwide, equivalent to about US$2.6 trillion. The World Bank estimated that $1 trillion was paid each year in bribes, Loc said. “These are huge numbers. Corruption puts a burden … [Read more...] about VCCI and UNDP promote business integrity in Vietnam
In addition to renowned foreign brand names from across Spain, the Republic of Korea, Poland, and Australia, domestic businesses like New Viet Diary, Tan Nhat Huong, Minh Long 1, Viet Hotel Solution, Dan&Dan and Anh Duong also are participating in the event. Jose A. Bretones, trade counsellor from the Spanish Consulate Office in Vietnam, said Spain has paid a great deal of effort to promote its images to the world. This year, Spanish businesses are set to take part in 12 international food and wine exhibitions, including Food & Hotel Vietnam. The event becomes an important connectivity point between international businesses and the Vietnamese market, Bretones said. During the three-day exhibition, there will be seminars on current industry issues, such as food hygiene and safety standards, as well as franchise and training courses on coffee brewing. … [Read more...] about Food & Hotel Vietnam Exhibition opens