Vinasun alleged Grab was the sole factor for its earnings decline after Grab began doing business in Việt Nam in 2015. In addition, Grab had claimed to be a technology firm, but Vinasun argued that Grab was a taxi transport company with a large number of drivers and that Grab had hurt local taxi companies’ earnings by offering cheaper fares. In May last year, Grab was granted a business licence for passenger transportation downtown, except for bus operations, from the HCM City’s Planning and Investment Department. The Procuracy said that Vinasun had not provided evidence that proved Grab’s violations were the only cause for Vinasun’s losses. But Grab’s passenger transportation did not violate the law.
February 13, 2019 00:00 UTC
HCM CITY — The HCM City Superior People’s Procuracy proposed that the HCM City Superior People’s Court overturn the decision of the HCM City People’s Court made in December that said ride-hailing firm Grab must compensate local taxi firm Vinasun for alleged losses the latter had allegedly suffered. Vinasun alleged Grab was the sole factor for its earnings decline after Grab began doing business in Việt Nam in 2015. However, the city Superior People’s Procuracy, in its decision yesterday, said that Grab had been allowed to pilot contracted passenger transportation under the Transport Ministry’s Decision 24 and there had been no proof of violations made by Grab. Grab followed all of Decision 24 instructions, the Procuracy said. Without such evidence, the Procuracy proposed that the Superior Court deny Vinasun’s demand for compensation of VNĐ41.2 billion.
February 13, 2019 00:00 UTC
National flag carrier Vietnam Airlines, budget airline Vietjet Air and newcomer Bamboo Airways have expressed a desire to fly to the US. There are currently no non-stop flights between the two countries, despite a large market catering to tourism and visits by friends and relatives. Travellers looking to visit the country need to connect in other Asian nations such as China and Japan. Data of the Civil Aviation Authority of Vietnam showed the country’s rapidly growing aviation market saw traffic increase 16 per cent on average each year from 2010 to 2017. Vietnam currently does not hold an FAA rating.
February 11, 2019 03:56 UTC
ĐÀ NẴNG (Viet Nam News/ANN) — More than 180 foreign tourists on a direct flight from Incheon to Đà Nẵng were the first visitors to the central city on the first day of the Lunar New Year on February 5, promoting a promising year of tourism in coastal Đà Nẵng and central Việt Nam. Korean tourists were the second largest foreign visitors to Đà Nẵng last year, with more than 1.4 million booking tours to the city. VietJet was also the first airline to launch a daily direct flight connecting Đà Nẵng and Incheon, Korea in 2017. Đà Nẵng has 23 international air routes, of which 15 are regular direct flights, hosting 328 flights per week and 2.3 million passengers. In 2018, Đà Nẵng received 7.6 million tourists, of which 2.87 million were foreigners.
February 05, 2019 12:45 UTC
Tín, whose pond and house is located on Cồn Sơn (Sơn Islet), has bred the fish for 20 years. “Unlike other snakehead fish which often dive deep underwater, my fish leap from the water to snatch their food," Tín said. Visitors can watch the brief show, then eat dried snakehead fish afterwards. “The meat from the flying snakehead fish is more delicious because they jump out of the water every day, which develops their muscles,” Tín said. Cần Thơ City is about 160km from HCM City.
February 05, 2019 04:52 UTC
Therefore, in order to improve rankings in ASEAN, it is certain that Vietnamese enterprises must "go faster". However, that does not mean that businesses need to be afraid because Việt Nam has a number of opportunities. Each year, Việt Nam exports nearly US$30 billion of textile products and nearly $70 billion of electronic products and components, but supporting industries in these two sectors have not yet developed strongly. Regarding supplying parts to the automotive industry, Việt Nam has less than 100 first tier suppliers while Thailand has nearly 700. Automotive components currently produced in Việt Nam are mainly simple parts, such as seats, glass, tires and tubes.
February 05, 2019 03:56 UTC
It is the pride of the Vietnamese community in Seno to have a local school named after a Vietnamese scholar. The language barrier was huge as the Vietnamese children were not familiar with the Vietnamese language. From 2018 to 2019, Quảng Trị Province and Vietnamese People Association in Savannakhet Province will continue their co-operation to bring Vietnamese teachers to Laos. Rice, instant noodles, dried fish and candy all made in Vietnam were presented to Vietnamese people living in Seno and her students. Pulling a guitar onto her shoulder, Ly hopped on a coach, starting her journey of sowing seeds of the motherland into the minds of Vietnamese children living in the neighbouring country.
February 05, 2019 03:45 UTC
HCM CITY – Online-to-offline (O2O) food delivery services are expected to grow rapidly, making them red hot in the market and attract investment from many Vietnamese and foreign investors, companies said. They have been growing strongly in Việt Nam in the last year or so with many mobile apps and websites offering these services, allowing consumers to place orders. Consumers can then track the real-time location of the driver in the appA GrabFood Việt Nam spokesperson told Việt Nam News: “Food delivery in Việt Nam is booming. “People are busier, meaning there is greater need for saving time and they will seek technology solutions [for it].”One more reason for the development of O2O food delivery services is the diverse Vietnamese cuisine ranging from street foods to luxury restaurants. “The on-demand food delivery industry in Việt Nam remains highly competitive.
February 04, 2019 03:56 UTC
They have been growing strongly in Việt Nam in the last year or so with many mobile apps and websites offering these services, allowing consumers to place orders. Consumers can then track the real-time location of the driver in the appA GrabFood Việt Nam spokesperson told Việt Nam News: “Food delivery in Việt Nam is booming. Furthermore, the quality of life and consumption habits of Vietnamese consumers have changed in recent years. “The market will achieve robust growth in the next two years,” he saidAll the food delivery companies reportedly get tens of thousands of orders daily and thousands of restaurants are partnering them. “The on-demand food delivery industry in Việt Nam remains highly competitive.
February 04, 2019 03:56 UTC
HCM CITY — HCM City plans this year to speed up a project to become a smart city by 2025 in order to better serve its residents. After one year of implementing the smart city project, authorities have achieved initial results. A common-use shared data warehouse in Quang Trung Software Park (phase 1) in District 12 has already opened. The city authority said it would receive feedback on measures to turn HCM City into a smart city from residents and business community. The smart city project aims to resolve problems such as unsustainable economic growth, flooding, traffic congestion and pollution, and improve interaction between the city’s administration, businesses and citizens.
February 02, 2019 01:52 UTC
Among localities nationwide, the capital city posted the highest growth in retail sales of goods at 15.1 per cent. As per the data, retail sales of services topped VNĐ43 trillion, representing a monthly rise of 1.8 per cent and a yearly increase of 7.4 per cent. According to the Việt Nam Institute for Trade Research, the goods retail market is seeing a blooming trend of minimarts and convenience stores. The institute forecast that convenience stores would see double-digit growth in the next three years and reach 37.4 per cent growth in 2021. Last year, total retail sales of goods and services in Việt Nam reached nearly VNĐ4.4 quadrillion, representing a rise of 11.7 per cent against the previous year.
February 01, 2019 05:37 UTC
Early this week, many ATM users and card holders complained they could not withdraw cash from ATMs and had to go to bank branches instead. According to the State Bank of Việt Nam, the demand for cash at ATMs is rising, especially in urban areas, industrial parks and export processing zones (EPZs). Last week, Nguyễn Duy, a resident of District 12, was unable to draw cash from ATMs near his home on two occasions. If a card holder seeks to withdraw a large sum at an ATM which is nearly out of cash, the system automatically notifies a cash limit. Banks must operate mobile ATMs in areas where there is large demand for cash during Tết, he added.
February 01, 2019 05:15 UTC
HÀ NỘI — Total revenue from retail trade and services in Việt Nam reached an estimated VNĐ402.2 trillion (US$17.26 billion) in January, up 4.4 per cent month-on-month and 12.2 per cent year-on-year, the latest report from the General Statistics Office (GSO) showed. Among localities nationwide, the capital city posted the highest growth in retail sales of goods at 15.1 per cent. As per the data, retail sales of services topped VNĐ43 trillion, representing a monthly rise of 1.8 per cent and a yearly increase of 7.4 per cent. According to the Việt Nam Institute for Trade Research, the goods retail market is seeing a blooming trend of minimarts and convenience stores. Last year, total retail sales of goods and services in Việt Nam reached nearly VNĐ4.4 quadrillion, representing a rise of 11.7 per cent against the previous year.
February 01, 2019 01:52 UTC
HÀ NỘI — Mytel – Viettel’s brand in Myanmar – reached five million subscribers on Thursday just eight months after its launch. Mytel targeted to reach the milestone of 10 million subscribers this year. Prior to launching Mytel, Viettel Global, an arm of Viettel Group set an ambitious target of reaching 2-3 million customers in 2018. In Myanmar, Mytel is the only telecommunications company that can provide a complete package of mobile, fixed line, transmission line and IT services nationwide. Viettel wants to double the number of subscribers in Myanmar by the end of 2019 to about 10 million subscribers.
January 31, 2019 12:00 UTC
HẢI PHÒNG (Viet Nam News/ANN) — Customs agents in the northern city of Hải Phòng discovered nearly 1.4 tonnes of pangolin scales and 20 elephant tusks weighing more than 100kg hidden inside a container shipped from Nigeria. The 20-foot container arrived at Lạch Huyện port in Hải Phòng last Saturday. In Việt Nam, illegal hunting, trading, poaching and transportation of even one pangolin carries punishment of one to five years imprisonment and a fine of between VNĐ500 million (US$22,000) and VNĐ2 billion ($86,700). The country banned the trading of elephant tusks in 1992. Trading, storing and transporting ivory is forbidden, with violators fined from VNĐ5-50 million or imprisoned from six months to five years.
January 31, 2019 11:15 UTC