University students rush to start up businesses, but many fail

University students rush to start up businesses, but many failVietNamNet Bridge - So many university students have rushed to start up their businesses that some analysts have warned that the startup movement has created a generation of students who do not understand the need for preparation and hard work. So many university students have rushed to start up their businesses that some analysts have warned that the startup movement has created a generation of students who do not understand the need for preparation and hard work. “If you plan to start up a business, you need to learn about the market thoroughly first. “It is easy to set up businesses now, but it is difficult to run the businesses and make profit with the businesses,” he said. An analyst said he knows a university student who wants to run a sandwich shop, but he cannot get up before 7 am.

March 27, 2017 01:41 UTC

Vietnamese struggle to sell products at foreign-invested supermarkets

Vietnamese manufacturers are trying to display their products at foreign-invested supermarket chains, which have become familiar shopping destinations for urbanites. “The required high discount rates will force Vietnamese enterprises to seek profits from other distribution channels and accept losses when selling products via foreign-invested supermarkets,” Lam said. “This will help foreign-invested supermarkets reduce the selling prices of goods to compete with Vietnamese owned supermarkets,” she added. “If Vietnamese-owned supermarkets do not develop, Vietnamese enterprises will suffer.”Reports showed that foreign invested supermarkets now hold the upper hand in the home retail market. In 2015, foreign invested supermarkets held 58 percent of the market share, while Vietnamese held over 40 percent.

March 27, 2017 01:41 UTC

Trump to roll back Obama clean power plan

Speaking on ABC’s Sunday talk show "This Week", Environmental Protection Agency Administrator Scott Pruitt said rolling back Obama’s 2015 Clean Power Plan would bring back coal jobs. "So this is a promise (Trump) is keeping to the American people to say that we can put people back to work." "For too long over the last several years, we have accepted a narrative that if you’re pro-growth, pro-jobs, you’re anti-environment," he added, accusing the Obama administration of making "efforts to kill jobs across this country through the clean power plan." Supporters of the Clean Power Plan say it would help create thousands of clean-energy jobs. Trump’s action comes as the Clean Power Plan rule has been on hold since last year while a federal appeals court considers a challenge by coal-friendly Republican-governed states and more than 100 companies.

March 27, 2017 00:33 UTC

Hanoi Buffaloes finish third at Thai super league

HÀ NỘI — The Hanoi Buffaloes sunk Madgoat to place third at the Thailand Basketball Super League yesterday in Bangkok. The Buffaloes came from behind to defeat Madgoat 94-87 in the third-place play-off match’s second leg. Earlier on Saturday in the first leg of the match, the Buffaloes also won 86-76. In their first leg match on Saturday, Mono Thew, who defeated the Buffaloes 3-2 in the semi-finals, won 139-134. In the first match, Singapore Slingers will welcome Alab Pilipinas on their home turf of OCBC Arena on April 2.

March 26, 2017 23:15 UTC

Falling Red River water levels hurting VN agriculture

Falling Red River water levels hurting VN agricultureThe average water level of many parts of the Red River has remarkably reduced in recent years, badly affecting agricultural production and the living conditions of residents in the northern lowland and midland areas. Lower water levels have not only deprived farmlands but also caused problems with waterway transport. Meanwhile, around 33 million cu.m of sand is exploited each year, lowering the river-bed and decreasing the water level. Deputy Minister of Agriculture and Rural Development Hoàng Văn Thắng said the reduction of the water level of Red river over the past years badly affected agricultural production and daily activities of residents. Irrigation works, pumping stations and dam systems in Hanoi no longer meet the current situation of the Red river.

March 26, 2017 18:28 UTC



HCM City launches Internet of Things startup competition

HCM City launches Internet of Things startup competitionThe Saigon Hi-Tech Park (SHTP) launched the 2017 Internet of Things Startup Competition (IoT Startup 2017) on March 25. HCM City launches Internet of Things startup competitionThe competition, the second of its kind, will be held in four places, namely Hanoi, Da Nang, HCM city and Can Tho City, from April to October, 2017. The IoT Startup 2017, with the theme “Connected Devices” called on registrations in numerous fields, including smart city, house automation, energy saving, smart agriculture, security and health. The prize pool of the competition is worth 100 million VND (4,400 USD), with a half of the amount goes to the first prize winner. In 2016, the competition lured the participation of over 400 developers with 70 projects.

March 26, 2017 16:52 UTC

OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six monthsA joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. The December accord, aimed at supporting the oil market, has lifted crude LCOc1 to more than $50 a barrel. But the price gain has encouraged U.S. shale oil producers, which are not part of the pact, to boost output. It asked the OPEC Secretariat to review oil market conditions and come back with recommendations in April regarding an extension of the agreement. Compliance with the supply-cut deal was 94 percent in February among OPEC and non-OPEC oil producers combined, Russia's Novak said.

March 26, 2017 15:33 UTC

Internationally standardized education – gold mine for investors

Students at TH School follow international curricula and receive internationally recognized diplomas after the graduation which allow them to transfer credit to study at universities overseas. Vietnam also has a series of foreign invested schools, such as RMIT University, Fulbright Vietnam and VUS, from language schools to general schools and universities. There are also international education programs and joint training programs between Vietnamese and foreign schools. An analyst said Vietnam is a ‘gold mine’ for investors as Vietnamese are willing to spend money for education services, while the existing state-owned schools cannot provide the ‘education with international standards’ as parents want. In 2016 alone, 70 foreign invested projects in the education sector were registered in Vietnam with the investment capital of $47 million.

March 26, 2017 12:00 UTC

Vietnam saves 471,000 kWh of electricity in Earth Hour 2017

Vietnam saves 471,000 kWh of electricity in Earth Hour 2017Vietnam joined many other countries around the world during the 2017 Earth Hour late on March 25 with the symbolic action of turning off unnecessary electrical devices for one hour. It represented a slight increase against 451,000 kWh of electricity saved in the previous year. The launching ceremony of Earth Hour 2017 took place in the Hanoi University of Technology on March 5, drawing many students from other universities and colleges of the city. Vietnam saved nearly 12 billion kWh of electricity in 2011-2015, equivalent to 17.8 trillion VND (783,200 USD), following the implementation of various programmes on energy efficiency, according to the Electricity of Vietnam (EVN). The EVN targets to provide at least 250 electricity saving solutions nationwide in 2016-2020, targeting to save at least 24 million kWh per year.

March 26, 2017 08:26 UTC

Facebook fan pages in Vietnam unexpectedly eliminated

Facebook fan pages in Vietnam unexpectedly eliminatedVietNamNet Bridge - The Facebook community and marketing directors have recently noticed the mysterious disappearance of many large fan pages with millions of likes each. The Facebook community and marketing directors have recently noticed the mysterious disappearance of many large fan pages with millions of likes each. Many large Facebook fan pages have been inaccessible since March 18, 2017. As usual, Facebook eliminated the fan pages without any notice in advance, warning or explanation. William Nguyen, a member of ‘Cong dong nha quang cao tren Facebook Vietnam group (the community of advertisers on Facebook Vietnam), thinks the Facebook fan pages might have been eliminated because of copyright infringement.

March 26, 2017 07:07 UTC

Franchising doors still not open in many business fields

Franchising doors still not open in many business fieldsVietNamNet Bridge - Franchising has become popular in many business fields in South East Asian countries, but not in Vietnam. Franchising has become popular in many business fields in South East Asian countries, but not in Vietnam. In HCMC, there are at least 4-5 small drug stores operating in every residential quarter. According to IMS Health, the Vietnamese drug market would have value increasing from $3.3 billion in 2013 to $10 billion by 2020. RELATED NEWSNon-food brands seek opportunities to franchise in VietnamVietnamese franchise market in early stage of developmentChi Mai

March 26, 2017 06:33 UTC

Vietnam sees big opportunities investing in Russia’s far eastern area

Vietnam sees big opportunities investing in Russia’s far eastern areaVietNamNet Bridge - Russia's invitation to Vietnam to make investments in its far eastern area has been welcomed by local economists. Russia's invitation to Vietnam to make investments in its far eastern area has been welcomed by local economists. “Vietnam’s footwear and garment companies, for example, have great opportunities in the Far East,” Cuong commented. Dinh Trong Thinh, a renowned economist, agrees that Vietnam can exploit big opportunities if it invests in the Far East. Many Chinese have settled down in Russia’s Far East, and are involved in profitable agricultural production.

March 26, 2017 02:37 UTC

Scooter-turned-fire engine battles blazes

“When a fire breaks out, this motorbike [scooter-turned-fire engine] can do the work of many people,” said Thượng. While walking over Vĩnh Thuận bridge, he thought that a motorcycle repair shop could mean something to the family. To make the firefighting work more efficient, he began on a second set of wheels. It’s good that I was able to make a firefighting bike to help others. The machine weighs only 190kg, meaning it can be operated easily over the rice fields of Vĩnh Thuận.

March 26, 2017 02:03 UTC

VN, Korean artists break down boundaries

Entitled Mê Cung Trắng (White Maze) the work is being displayed at the first ever contemporary art collaboration by Vietnamese and South Korean artists in Hà Nội. The exhibition was organised as a programme of NEXT Expert Training of Korea Arts Management Service and is co-hosted with the Korean Cultural Centre in Việt Nam. The Vietnamese artists include Phi Phi Oanh; Ưu Đàm Trần Nguyễn and Lại Diệu Hà and Korean artists are Seulki Ki; Heaven Baek, Woosung Lee and Hyejin Jo. "I highly appreciate this exhibition," said Dae Joong Lee, the director of the Korean Cultural Centre. I hope through the exhibition contemporary artworks by Korean artists will be introduced to Vietnamese audiences and Vietnamese artists will be popular in Korea."

March 26, 2017 02:03 UTC

Seared Rougie with Foie Gras

A recipe from Jean-Francois Nulli, chef de cuisine at the JW Marriott Hanoi HotelLet’s sample some flavours of spring with seared rougie and a touch of sweet berries. Ingredients: serves 1100g strawberry juice40g balsamic vinegar20g sugar2 slices (80g) foie gras40g morels10g fresh raspberry150g pistachio100g cream100g milk20g onionsMethod:To make the berry coulis:- Warm the strawberry juice, balsamic vinegar and sugar together. Put 2 slices of foie gras on the coulis. Place pistachio ice-cream on the side. You can sample the dish at JW Marriott Hanoi Hotel, 8 Đỗ Đức Dục Road, Mễ Trì Dist, South Từ Liêm, Hà Nội.

March 26, 2017 02:03 UTC




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