Staying in touchThe ICT industry grew strongly 2016 but challenges await in 2017. It also contributed VND93.9 trillion ($4.2 billion) to the State budget, accounting for 64.38 per cent of all State budget contributions. Compared with 2015, 2016 revenue increased VND3.8 trillion ($170 million) while profit fell VND2.6 trillion ($116 million). The group will move from a telecoms services provider and become a technology enterprise, joining the global Top 20 in the process by 2030. “The group will not only provide telecoms services and information communications and technology,” CEO Nguyen Manh Hung announced at Viettel Global’s tenth anniversary celebrations.
Associate Professor works to bring Vietnamese language to foreignersAs the Dean of the Faculty of Vietnamese Studies and Language under the University of Social Sciences and Humanities (USSH), Associate Prof, Dr Nguyen Thien Nam has spent 36 years of his career promoting Vietnamese language to the world. In this interview below, Dr Nam will share his vivid memories about teaching Vietnamese language during his teaching career. Most of the teachers working at the Vietnamese Language Faculty of the USSH were encouraged to get involved in the work. In foreign countries, Vietnamese studies targets foreigners who are interested in Vietnamese language or are making academic researches on Vietnam. Our faculty has seen many interesting stories about the love for Vietnamese language, the aspiration to learn about the beauty of the Vietnamese language, history, land and people.
Now, she wants to travel to places even further away, like Africa, as well as explore her own country more. They said it has more sense to choose some Southeast Asian countries with cultures similar to Việt Nam so as to gain some travelling experience first, and then go to farther lands. The fact that the indigenous cultures may disappear in the near future urges me to travel to these lands. There were difficulties at first in terms of information as it seemed no Vietnamese had ever visited the Tsaatan tribe and written about it. From Tsagaan Nuur to reach the Tsaatan tribe, Hương travelled on horse with her guide, passing through a taiga forest and three mountains covered with snow.
Sport TalksFor the first time, Việt Nam has six athletes competing in the Asian Winter Games held in Sapporo, Japan. Việt Nam is a member of the Olympic Council of Asia so it has the responsibility to take part in its official tournaments like Asiad, Beach Games, Indoor Games and Winter Games. This is a very special journey for Việt Nam as it is the first time in our history that we are taking part in a Winter Games. Some of them competed in the Southeast Asian Games in 2011 and Asian Beach Games in 2012. Competition expenses are being met by the National Sports Administration, Asian Winter Games’ organizers as well as by other individuals and organizations.
The stall was set up by 500+, a charity set up by five students aiming to support the education of poor children in the Mekong Delta City. “500+ members are so skillful with their hands. 500+ aims to support the education of poor children within Cần Thơ Province. Handmade: Origami works put up for sale to raise funds for poor students by 500+. The 500+ members see their charity not only a vehicle to do good, but also an opportunity to better themselves, improving their social skills.
And for the adults, it is an afternoon tea session, trying out small goodies between sips of tea. The number of places we enjoy a really leisurely afternoon tea session has mushroomed over the years. We went to Cocoon for afternoon tea with cakes. We went in for tea and ended up staying for so long that we ordered dinner as well. For now, the trend of lounges serving afternoon tea shows no sign of stopping, so new places will continue to open in the coming months.
VietNamNet Bridge - With powerful financial resources gained from their businesses in Russia and Eastern Europe, the following bankers have easily reached success in Vietnam. And there was the hand of Ngo Chi Dung as VP Bank’s president in the changes. VP Bank’s charter capital had reached VND9.1 trillion by the third quarter of 2016, while the total assets were VND205 trillion. This means the bank’s charter capital increased by 450 times after 13 years. While Tuan is chair of Maritime Bank’s BOD, Huong is the bank’s chair of the founders’ council.
Greater exposureVietnam has already been sued by foreign investors at international arbitration tribunals four times, for a total of $4 billion. What, then, would make an investment protection chapter in the Regional Comprehensive Economic Partnership (RCEP) dangerous for Vietnam? At first sight, it might look like Vietnam has nothing to lose by agreeing to an investor protection chapter. The reason to include an investment protection chapter in the RCEP and the added risk of doing so are related. Therefore, these investment protection treaties are much easier to terminate than FTAs with investment protection chapters.
Hanoi to turn Nhat Tan Bridge into art with new lightingThe city of Hanoi has unveiled plans to give the iconic Nhat Tan Bridge a new look and outfit it with thousands of LED lights that will display a variety of artistically vivid undulating designs nightly. The utilitarian bridge is a striking landmark in the capital city and Hanoi officials hope the kinetic light project will change the perception of the bridge and help boost tourism to the area. The city has signed a contract with Phillips based out of the Netherlands to design and install the lighting system. At the signing ceremony, Nguyen Duc Chung, chair of Hanoi People’s Committee said the new lighting system would be energy efficient to cut down on operating costs and equipped with smart technology. The contract calls for the system to be installed by April 30.
Vietnam in ‘golden period’ for housing and resortsVietNamNet Bridge - Many real estate developers in recent years have been running a race to provide products that serve tourism, an achievement that has helped attract 10 million foreign travelers to Vietnam. Tourism makes up 13.9 percent of GDP in Vietnam, higher than 8.2 percent in the US. The industry is estimated to create 2.25 million jobs, or 4 percent of the labor force.2016 was a bustling year for the resort real estate market (resorts and condotels). However, he thinks Phu Quoc is still not that attractive because of poor public and leisure facilities, though the natural landscapes are beautiful. Most of the real estate developers there are Vietnamese.In Nha Trang City, the resort real estate sector witnessed good liquidity in 2016, especially condotels.
— Photo dantri.vnHÀ NỘI – The Việt Nam Online Business Forum (VOBF) will be launched on February 24 in Hà Nội and March 3 in HCM City, according to the events’ organiser - the Việt Nam E-commerce Association. The forums would also introduce the latest e-commerce research, which would help enterprises revise their business strategies, he said. Hà Nội boosts e-commerce developmentThe Hà Nội’s Department of Industry and Trade revealed the result of a survey on e-commerce of nearly 1,000 businesses in the city last year. E-commerce sales from businesses in Hà Nội reached more than VNĐ30.1 trillion (US$1.4 billion) last year, reported the city’s department of industry and trade. The department last year also introduced and promoted the website “Hà Nội shopping map" at http://bandomuasam.hanoi.gov.vn, which provides online search solutions for shopping sites in Hà Nội.
The minimum capital must not be lower than VND300 billion. If the draft decree is approved, the minimum required capital will be raised to VND1 trillion. Under the current regulation, investors must spend a rate of VND150 million per student, not including expenses on land use rights. The minimum capital must not be lower than VND300 billion. In fact, to have high training quality, the investment rate should be much higher.
He is also owner of H’mong Cat Cat, the largest co-operative producing essential oils in Sa Pa Town. Nu, 23, an ethnic Mong man, is the owner of Mong Cat Cat, the largest co-operative producing essential oils in Sa Pa. The Cat Cat Co-operative was established in 2015 to produce natural essential oils, herbal soaps and salt from local materials. His speciality products include essential oils of Ocimum gratissimum, mint, lemon grass, cinnamon, orange, and ginger; as well as herbal bath salt and herbal soaps. Vang A Can, 22, a member of the Cat Cat Co-operative, said Nu’s had eased the life of many local people.
Hanoi’s proposal to lower level of dyke on Red River raises concernsVietNamNet Bridge - The concerns among experts is that the dyke, at a lower level, may protect Hanoi in case of heavy floods. The information has worried Hanoians, because the dyke section plays a very important role in preventing floods in the inner city of Hanoi. Storms and heavy rains occurred in recent months in Mekong Delta and the central region.“As the Red River is getting more depleted and the river bed is no longer as large as it was in the past, it is quite possible that the water level will rise. If so, this will be a disaster for Hanoi,” he warned.“In 1970-1980s, we witnessed the water level rising and almost reaching up to the dyke. “I think it would be better not to lower the dyke level, because this will affect the safety of the city.”Mai Khoi
Then he heard about making essential oils from wild plants. By going into this kind of business he is not only making money but also keeping alive people’s knowledge of how to use essential oils. Nủ, 23, an ethnic Mông man, is the owner of Mông Cát Cát, the largest co-operative producing essential oils in Sa Pa. But Nủ himself found he had a strong interest in producing essential oils. The Cát Cát Co-operative was established in 2015 to produce natural essential oils, herbal soaps and salt from local materials.