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

Vietnamese businesses stop advertising on Youtube

Vietnamese businesses stop advertising on YoutubeVietNamNet Bridge - Saying ‘no’ to Youtube means leaving an advertisement channel. An expert said that Youtube has a system, processing and censoring unit of its own to block the videos that Youtube thinks are unsuitable. However, whatever the reason is, businesses would have to be very cautious with the ads on the channels like Youtube. If so, this would be a loss for businesses, because advertising on digital channels like Youtube is a growing tendency. In terms of digital videos, Youtube has great advantages.

March 25, 2017 08:03 UTC

Forests enrich illegal loggers: NA deputies

Forests enrich illegal loggers: NA deputiesVietNamNet Bridge - News about forest devastation cases occurring throughout the country have appeared in newspapers recently. “The forests have enriched illegal loggers,” he commented. The width of the trees showed that the trees must have been large enough for three to four people to embrace. Nguyen Nhuan, deputy chair of Bac Tra My, said that deforestation doesn’t occur in Chop Non area, while there is only illegal mineral exploitation. The Voice of Vietnam also reported about deforestation in Quang Binh province in March.

March 25, 2017 07:18 UTC

Land subsidence in Mekong Delta worsens

Land subsidence in Mekong Delta worsensVietNamNet Bridge - Land subsidence in the Mekong Delta is becoming increasingly serious, caused mainly by overexploitation of underground water. Land subsidence in the Mekong Delta is becoming increasingly serious, caused mainly by overexploitation of underground water. Mekong Delta is witnessing big changes in the urbanization process and the use of land to meet socio-economic development goals. This leads to increased exploitation of underground water resources, which, in turn, causes underground water depletion and higher possibility of land subsidence. However, once Mekong Delta cannot exploit underground water, it would lack clean water for daily use and production.

March 25, 2017 06:11 UTC

Rice farmers’ income drops by seven times in last 10 years

Rice farmers’ income drops by seven times in last 10 yearsVietNamNet Bridge - Vietnam, the second largest rice exporter in the world, is facing big challenges. The income of farmers has dropped by seven times in the last 10 years, while exports face barriers set by import countries. The income of farmers has dropped by seven times in the last 10 years, while exports face barriers set by import countries. Despite great efforts made by the provincial authorities and farmers and new production models, rice production there is still in fragmented. A report showed that Vietnamese farmers earn 2.7 times lower than Thai and 1.5 times lower than Indonesian farmers.

March 25, 2017 06:11 UTC

Sustainability Index to launch in July

HCM CITY — The VN Sustainability Index (VNSI) will make its debut in July to evaluate the sustainability performance of companies listed on the stock market of Việt Nam. It will consider shares on VN 100, a capitalisation-weighted index that constitutes the shares of two other indexes (VN30 and VNMidcap). The new index’s criteria are based on the OECD Principles of Corporate Governance, the GRI Standards, current regulations on information disclosure and corporate governance, and advice from prestigious experts, market insiders and financial organisations. Through VNSI, HOSE hopes to promote the application of sustainable development initiatives in the listed firms, he added. Meanwhile, the corporate governance aspect includes shareholders’ rights, treatment to shareholders, relevant parties’ responsibility, information transparency, and the role and responsibility of the board of directors.

March 25, 2017 02:03 UTC

Protective parents doing their kids no favour

HÀ NỘI – Overprotective parents are compromising the wholesome development of a considerable number of Vietnamese children, experts warn. “Parents imposing decisions will destroy the children’s confidence and creativity,” Hương says. She says that in some cases, parents are so anxious about their children’s future that they do not believe in their children’s capacity to survive in the society, especially when they face negative situations. Linh says children’s opinions should be respected and dealt with seriously by adults and authorities. In such cases, children unable to fulfill their parents’ dreams become easily disappointed and pessimistic, and tend to loose direction in life, she says.

March 25, 2017 02:03 UTC

UOB to set up foreign subsidiary bank

(UOB) has received preliminary approval from the State Bank of Việt Nam to establish a foreign-owned subsidiary bank in the country. — Photo thoibaonganhangHCM CITY — United Overseas Bank Limited (UOB) has received preliminary approval from the State Bank of Việt Nam to establish a foreign-owned subsidiary bank in the country. It would become the first Singapore bank to be granted a foreign-owned subsidiary bank licence in Việt Nam. Wee Ee Cheong, deputy chairman and CEO of UOB, said: “We were the first Singapore bank to operate a foreign bank branch in Việt Nam in 1995. In 2015, UOB signed a Memorandum of Understanding with Việt Nam’s Foreign Investment Agency to facilitate trade and investment between Việt Nam and Southeast Asia.

March 25, 2017 01:52 UTC




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