Where do i see myself in 10 years speech

It is now nearly impossible to buy a new apartment at the VND 2 billion mark. According to a report in 2022 from Rever, a Southeast Asia technology firm in real estate brokerage, for VND1.5-1.8 billion, one can buy a 30-55 square meter apartment built 6-10 years ago in Thu Duc City, on the secondary market. The average income of workers in Ho Chi Minh City (HCMC) this year is about VND148 million a year, according to property listing platform Batdongsan.com.vn. By that calculation, it will take up to 24 years to save, with no spending on anything, just to buy an apartment. The type of apartment used in this survey costs VND3.5 billion per unit. The data also shows that Vietnam ranks first in Southeast Asia in terms of the gap between house prices and average worker incomes. From 2018 to 2021, the ratio of the difference between real estate prices and the average income of Vietnamese has continuously increased, surpassing even Singapore. On the other hand, Indonesia, Malaysia and … [Read more...] about A laborer needs to save for 25 years to buy an apartment

Visas, service quality, and technology were all part of discussions on a better-performing tourism sector Photo: Cuong Minh May’s National Assembly session is likely to help push ahead a revamp of the country’s rules on entry and exit for foreign visitors, after the Ministry of Public Security crafts amendments to the current law. The development will be an important basis for the issuance of new regulations related to the visa policy, removing difficulties for the tourism industry, and creating conditions to attract more international visitors this year, according to most observers. Dang Tuan Viet, deputy director of the Ministry of Public Secrutity’s (MoPS) Vietnam Immigration Department, said that the proposal emphasised two major areas related to unilateral visa exemption and electronic visa policy. The MoPS also proposes to expand the number of countries that can issue e-visas from 80 countries to the maximum. The MoPS will also ask to increase the temporary stay … [Read more...] about Visa upgrade at heart of fresh approach to tourism

FPT Retail is the owner of consumer electronics chain stores FPT Shop and pharmacy chain Long Chau, while Mobile World is the owner of consumer electronics chain stores The Gioi Di Dong (Mobile World) and Dien May Xanh, as well as drugstore chain An Khang, and food and consumer goods chain stores Bach Hoa Xanh. Drugstores of Pharmacity (left) and FPT Retail's Long Chau located next to each others in HCMC's Binh Thanh District. Photo by VnExpress/Quynh Tran According to documents prepared for its coming annual meeting in mid-April, FPT Retail plans to make pre-tax profits of VND240 billion (US$10.17 million) in 2023, down from VND485 billion in 2022, and VND554 billion in 2021. The main reason behind FPT Retail’s low expectations is difficulties at FPT Shop, the company’s retail chain. Last year FPT Shop contributed nearly 70% of FPT Retail’s VND30 trillion in total revenues. With both financing costs and inflation still rising, FPT Retail management has assumed … [Read more...] about Top electronics retailers Mobile World and FPT Retail facing a rough year

Its revenues were VND1.579 trillion ($67.15 million) and earnings before interest, taxes, depreciation, and amortization (EBITDA) were VND195 billion, the highest gross profit margin in the industry, according to Masan’s newly published annual report. Highland Coffee had revenues of over VND2 trillion a year in 2019 and 2020. Phuc Long opened 23 large flagship stores and two mini shops in the last quarter of 2022, increasing their total numbers to 111 and 21. They represented a near doubling of numbers from 2021 when Masan first bought stakes in Phuc Long. The flagship stores achieved very high profit margins of 31% in 2022 and 26% in 2021. Last year they reported sales of VND1.1 trillion and profits of VND330 billion. But Phuc Long had to close 150 tea and coffee kiosks located inside WinMart retail stores, also belonging to Masan, in the second half of 2022, the annual report said. "We are adjusting this model (opening tea and coffee kiosks in WinMart stores) in the first … [Read more...] about How tea chain Phuc Long fared in the year after Masan takeover

Police in Vietnam managed to rescue a 15-year-old girl from a labor trafficking ring on Monday after she was sold for forced labor at pubs and karaoke parlors by an acquaintance on social networks. The victim, identified as N.T.A., was induced to travel from Dong Thap Province in the Mekong Delta region to Binh Duong Province, just outside Ho Chi Minh City, to take a job with a monthly salary of VND10-15 million (US$425-638). However, she was sold to a woman in the Central Highlands province of Dak Lak at the price of VND25 million ($1,063) to work as a karaoke parlor attendant. The victim, a resident of Tan Hong District in Dong Thap, made friends with Liem on social media in February and was introduced to a job with a monthly wage of VND10-20 million ($425-850). After A. agreed to Liem’s proposal, she was transported to Binh Duong and was picked up by a stranger. She was then transported to Dak Lak and was sold to a woman called Hoa for VND25 million. After her arrival … [Read more...] about 15-year-old girl rescued from human traffickers in Vietnam’s Central Highlands

The minister made the call at the Vietnam Private Hospital Association’s fifth executive committee meeting for the 2019-2024 term on March 24. She said that in recent years, the National Assembly and the government had firmed up guidelines and policies, which were reflected in many different documents, creating a crucial legal basis for the development of non-public healthcare. Health Minister Dao Hong Lan made a speech at the meeting "Non-public healthcare and public healthcare have cooperated and gone hand in hand in taking care of people's health, contributing to reducing hospital overload, and giving people more choices of medical services," she noted. According to the minister, the National Assembly recently passed the amended Law on Medical Examination and Treatment. This was an important milestone, and a turning point of the health sector, serving as a legal basis to firming up the guiding content of a Central Resolution continuing the development of medicine … [Read more...] about Private facilities urged to do more to boost healthcare sector

A Ford Ranger. The car was named “Best 4x4 and Pick-up” by the Women’s World Car of the Year judges. — Photo Courtesy Ford Vietnam The Ford Ranger has been recently named the “Best 4x4 and Pick-up” by the Women’s World Car of the Year judges. Women’s World Car of the Year is voted on by a jury comprising 63 women motoring journalists from 45 countries across five continents who make up the automotive industry’s only all-female jury. Vehicles across six categories are assessed for safety, driving, comfort, technology, design, efficiency, impact on the environment, and value for money. “Having worked on the new Ranger right from the beginning, I know how much customer feedback was poured into the truck to ensure it was fit for work, family, and play. And, as a mother, I can fully appreciate the truck’s practicality and advanced driver assistance systems. Thank you to the Women’s World Car of the Year jury for this award, which recognises Ranger’s global appeal and ultimate … [Read more...] about Ford Ranger named best pick-up

The cooperation aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. The Australian Trade and Investment Commission (Austrade) is collaborating with businesses and government in Hanoi, Hue, and Danang to deliver the "Vietnam- Australia: Unlocking Opportunities in Education and Agrifood" roadshow series starting on March 27 in Hanoi with the participation of over 400 Australian and Vietnamese businesses, organizations, associations and institutions. The program aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. Australian food and beverage showcase during the seminar took place on March 27 in Hanoi. Photo: Australian Embassy Vietnam At the kick-off event in Hanoi, Andrew Goledzinowski - Australia’s Ambassador to Vietnam shared that the program will deepen engagement and expand opportunities for Australian and Vietnamese partners in the agrifood and education … [Read more...] about Vietnam and Australia boost cooperation in education, agrifood

The event was organized by the Ho Chi Minh City Youth Union, the Ho Chi Minh City chapter of the Vietnam Youth Federation, and the city’s Vietnam Students’ Association, with the support of the Ho Chi Minh City Power Corporation. During the event, Tran Thu Ha, Deputy Secretary of the Ho Chi Minh City Youth Union and Chairwoman of the city’s Vietnam Students’ Association, delivered a speech in which she stated that the running contest aimed to raise awareness about the importance of a green lifestyle. The city’s young people hoped to contribute to the common efforts of saving energy, protecting the environment, and preventing climate change. In addition to the running competition, various activities were implemented by the city’s youth unions on the morning of March 25. These included organizing sports activities to encourage young people to run 10,000 steps per day, as well as an Olympic Run Day for the health of the entire  in 2023. The youth unions also organized environmental … [Read more...] about Over 1,300 people join run in Ho Chi Minh City to mark Earth Hour

In his remarks, Chairman of the People’s Committee Phan Van Mai highlighted the increasingly close ties between the two countries, saying over the past 50 years, the bilateral relationship has grown actively across spheres, both bilaterally and multilaterally. The good traditional friendship has also been consolidated and enhanced, the official added. Notably, during the COVID-19 pandemic, Vietnam presented Italy with more than 300,000 masks, while Italy donated 2.8 million doses of vaccines to the Southeast Asian nation. This vividly demonstrates the intensive and effective strategic partnership and friendship between the two countries, he said. Ho Chi Minh City, for its part, has actively worked to promote cooperation with Italy, Mai noted, adding that the relations between Ho Chi Minh City and Italy have reaped achievements in trade, investment, education and training, culture, and tourism. According to the official, the two-way trade reached 591 million USD last year. For … [Read more...] about 50th anniversary of Vietnam-Italy diplomatic ties celebrated in Ho Chi Minh City