Tiki continues taking losses, e-commerce firms ‘burning’ money
Tiki continues taking losses, e-commerce firms ‘burning’ moneyVietNamNet Bridge - Despite big losses, e-commerce firms area still continue to pump money into e-commerce websites. Tiki continues taking lossThe annual finance report of VNG showed that Tiki, its e-commerce website, incurred a loss of VND282 billion in 2017. Tiki, together with Lazada and Shopee, is among the websites which have a large share in the e-commerce market. According to the Vietnam E-commerce Association (Vecom), the e-commerce market grew by 25 percent in 2017, and the high growth rate would be maintained through 2020. US$1=VND22,000RELATED NEWSLocal e-commerce market now a playing field for Chinese businessesE-commerce market: big players follow hard on each other’s heelsTran Thuy
Source:VietNamNet News
May 31, 2018 06:11 UTC
Switzerland’s largest airline opens new route to Vietnam
Switzerland’s largest airline opens new route to VietnamOn May 30, Edelweiss, Switzerland's leading leisure airline, announced it will open a direct air route between HCM City and Zurich this November, serving two flights per week as part of the carrier’s plan to expand its flight network in Asia. This is the first direct air route between Vietnam and Switzerland, aiming to reduce travel times, stimulate tourism demands, and trade between the two countries. The new air route helps to bring tourists from Switzerland and Europe closer to Vietnam and provides a wide range of options for connecting flights from Zurich to other famous tourist attractions through the Swiss airline. At present, Edelweiss are working with major travel operators in Vietnam to design tour packages for the new route between Vietnam and Switzerland. According to the General Statistics Office, in the first five months of the year, more than 16,500 Swiss passengers arrived in Vietnam, up 4.2% against the same period last year.
Source:VietNamNet News
May 31, 2018 05:37 UTC
100 smokers die a day, could double by 2030
100 smokers die a day, could double by 2030VietNamNet Bridge – Smoking now claims over 100 lives in Vietnam every day and the number is expected to nearly double in 2030. Medical experts said tobacco smoking is a leading factor causing an increasing risk of contracting heart-related diseases. Smoking can cause problems with the placenta—the source of the baby’s food and oxygen during pregnancy. In addition to raising tobacco tax to reduce the number of smokers in the country, authorised agencies have also launched supporting programmes to help smokers in quitting tobacco. In another movement, the health ministry organised a meeting to mark the World No Tobacco Day (May 31) and National No Tobacco Week in Da Nang (May 25-31) in Da Nang City last week.
Source:VietNamNet News
May 31, 2018 04:41 UTC
HCM City sign Huynh Kesley Alves
HCM City sign Huynh Kesley AlvesV.League 1 side HCM City have signed a six-month contract with AFC Cup 2009 top goal-scorer Huynh Kesley Alves to prepare for the event’s second leg. Striker Huynh Kesley Alves. — Photo zing.vnThe Brazilian-born Vietnamese striker Alves has played for Thai Division 2 Regional League side Kasetsart FC for the last two two years. Alves obtained Vietnamese citizenship and played for the national once in 2009. Alves, 36, is expected to boost HCM City’s attack, something desperately needed for a club in 11th position.
Source:VietNamNet News
May 31, 2018 04:41 UTC
Vietnam’s maps named Memory of World
Vietnam’s maps named Memory of WorldVietNamNet Bridge – Historical maps dating back to the 18th century were officially recognised as a heritage Memory of the World on Wednesday. It meets all the criteria to be recognised as a documentary heritage of the Memory of the World programme. The Memory of the World Programme is an international programme aimed at safeguarding, preserving and facilitating access to and the use of documentary heritage. MOWCAP was set up in 1998 and is the regional forum for UNESCO’s global Memory of the World (MOW) Programme. — Photo courtesy of Chu Thu PhuongImportant artifacts: The Vietnamese delegation were proud when the documents were recognised as a Memory of the World.
Source:VietNamNet News
May 31, 2018 04:18 UTC
Ministries’ administrative reform efforts found wanting: Gov’ inspectors
Ministries’ administrative reform efforts found wanting: Gov’ inspectorsA Government-led inspection working group found ministries have made poor progress in cutting red tape, despite being pressed by Prime Minister Nguyen Xuan Phuc. Mai Tien Dung, Chairman of Government Office, spoke at May 30 meeting reviewing administrative reforms efforts by ministries and State agencies. “Those ministries that have talked of plans to cut red tape, it must be clear when they will implement the changes. Only nine ministries have achieved a red tape cut rate above 50 per cent (commerce, transport, education, labour, finance, justice, culture and tourism, construction and health). In reality, the same number of goods and products would still have to go through the same steps of inspection or meet business requirements as before, with no changes to speak of.
Source:VietNamNet News
May 31, 2018 04:07 UTC
Health ministry proposes adverse event reporting system
Health ministry proposes adverse event reporting systemThe Ministry of Health has proposed a system to identify, report and categorise adverse events to prevent untoward incidents at medical facilities. The ministry has encouraged medical facilities to set up the incident reporting system to identify causes and propose solutions to medical incidents. It said the system would be secured and would not be operated for punishment purposes, adding that reporting adverse medical events is the responsibility of the entire medical staff. The process will be supervised by the health ministry or provincial health department. The health ministry has assigned the Medical Examination and Treatment Management Department to receive adverse event reports.
Source:VietNamNet News
May 31, 2018 04:07 UTC
Hanoi to set up intelligent transport system
Hanoi to set up intelligent transport systemVietNamNet Bridge – Concerned organisations in Hanoi are actively studying and finalising the details of an intelligent transport scheme, which is expected to be completed next year. Concerned organisations in Hanoi are actively studying and finalising the details of an intelligent transport scheme, which is expected to be completed next year.— Photo ictnew.vnTransport development in large cities with the use of information technology is a growing trend, thus Hanoi is working to build and perfect solutions to become a leading locality with a modern intelligent transportation system. The Ha Noi People’s Committee assigned the municipal Department of Transport to coordinate with concerned departments to develop the intelligent transport scheme as part of the smart city scheme with a deadline of next year. The scheme’s most important applications are digitising the database on transport infrastructure and means of transport, applying software for an intelligent traffic management system, and improve the handling of traffic violations. By the beginning of next year, it will complete the planning on road traffic development in Hanoi up to 2030, in which priority will be given to public transport.
Source:VietNamNet News
May 31, 2018 03:56 UTC
PM Nguyen Xuan Phuc welcomes new ambassadors
PM Nguyen Xuan Phuc welcomes new ambassadorsPM: Vietnam values traditional friendship with EgyptPrime Minister Nguyen Xuan Phuc (R) and Egyptian Ambassador to Vietnam Mahmoud Hassan NayelThe Vietnamese government always treasures traditional friendship with the government and people of Egypt – a country with long-lasting civilisation and world-renowned landmark destinations, Prime Minister Nguyen Xuan Phuc has said. PM welcomes new Sudanese ambassadorPrime Minister Nguyen Xuan Phuc on May 30 hosts a reception for newly-appointed Sudanese Ambassador to Vietnam Mohamed Elmurtada Mubarak Ismail Siraq. Prime Minister Nguyen Xuan Phuc on May 30 hosted a reception for newly-appointed Sudanese Ambassador to Vietnam Mohamed Elmurtada Mubarak Ismail Siraq. Phuc congratulated the Sudanese diplomat on his new mission in Vietnam when the two countries’ relations are advancing. Vietnam hopes to receive help from Global Environment FundPrime Minister Nguyen Xuan Phuc (R) receives GEF CEO and Chairperson Naoko IshiiVietnam wants the Global Environment Fund (GEF) to continue helping Vietnam in well addressing environment-related issues, Prime Minister Nguyen Xuan Phuc said during his reception for GEF CEO and Chairperson Naoko Ishii in Hanoi on May 30.
Source:VietNamNet News
May 31, 2018 03:45 UTC
Social News 31/5
In 2012, the UN Conference on Sustainable Development in Rio de Janeiro decided to establish a global high-level political forum for sustainable development. However, as sustainable development consists of many areas, the measurement of businesses’ efforts is a problem for all relevant parties, Bao added. Some businesses have built and applied sustainable development reports in their operations as a tool to carry out measurement and manage changes to become more sustainable. At the meeting, reporters were provided with an overview of sustainable development reports and information about businesses’ attitude, the press’s coverage of enterprises’ sustainable development reports and the press’s role in improving public awareness of this issue. From 2011, BIDV’s branch in Quang Ngai has carried out various social security programmes in the locality.
Source:VietNamNet News
May 31, 2018 03:23 UTC
Retail sales, services revenue up by 10.1%
Retail sales, services revenue up by 10.1%Viet Nam’s total revenue from retail sales and services in the first five months of this year maintained a high growth since the beginning of the year. The total revenue rose by 10.1 per cent year-on-year to VND1.75 quadrillion (US$76.4 billion) in the first five months, said GSO. The high purchasing power pushed the revenue of retail goods in the first five months of this year up by 11 per cent year-on-year to VND1.33 quadrillion, accounting for three-fourths of the total retail sales and services revenue. Meanwhile, retail sales in accommodation, restaurant and catering services surged by 8.9 per cent year-on-year to VND214.4 trillion. The revenue rose by 4.6 per cent year-on-year to VND196.5 trillion.
Source:VietNamNet News
May 31, 2018 03:11 UTC
Vietnam rolls out carpet for Japanese investment: President
Vietnam rolls out carpet for Japanese investment: PresidentForeign investments, including those made by Japanese firms, are an important driving force for Vietnam’s socio-economic development and improvement of the national competitive capacity, said President Tran Dai Quang. On the occasion, they invited members of the Japanese Imperial Family to visit Vietnam in a proper time. President Tran Dai Quang and his spouse are on a State visit to Japan from May 29 to June 2. The Japanese media on May 30 gave extensive coverage on the ongoing State-visit to Japan by Vietnamese President Tran Dai Quang. President Quang hoped for enhanced collaboration with the locality in agriculture, high-tech and infrastructure construction which are of Gunma’s strength, the newspaper said.
Source:VietNamNet News
May 31, 2018 02:52 UTC
It’s a kind of magic for Japanese duo
It’s a kind of magic for Japanese duoA duo of Japanese magicians, Ai and Yuki, will perform with Vietnamese comedians for the first time in a show for children on the occasion of International Children’s Day. "This is the second time the magic duo has come to Viet Nam to perform, but they will perform with Vietnamese artists for the first time," said veteran comedian Duc Hai. The most thrilling performance will be the appearance of Japanese Ninja characters flying through the air, according to the duo. Ai and Yuki are the first Japanese artists to perform in the Zen Magic show in Las Vegas, which they did for one year in 2010. The duo were invited to the world famous Magic Castle and were nominated in the category for Stage Magic at the Magic Castle Awards in 2008.
Source:VietNamNet News
May 31, 2018 02:37 UTC
Nearly all banks make a profit in first quarter
Nearly all banks make a profit in first quarterVietNamNet Bridge - Most banks reported satisfactory profits for the first quarter of 2018, but their asset exploitation and capital use efficiency varied. Most banks reported satisfactory profitsBanks’ Q1 finance reports showed that they made fat profits in the quarter. Some banks reported profits increasing by two or three times in comparison with the same period last year. Most banks reported satisfactory profits for the first quarter of 2018, but their asset exploitation and capital use efficiency varied. Among private banks, the banks with the biggest total assets include Sacombank (VND381 trillion), MB Bank (VND316 trillion) and ACB VND300 trillion).
Source:VietNamNet News
May 31, 2018 02:26 UTC
Legislators talk revisions to anti-corruption, sports laws
Legislators talk revisions to anti-corruption, sports lawsDraft amendments to the Anti-Corruption Law and the Law on Physical Training and Sports are being discussed by the National Assembly (NA) on May 31, part of the ongoing fifth session of the 14th-tenure parliament. The draft amended Anti-Corruption Law is said to have absorbed opinions raised by deputies at the NA’s fourth session in late 2017. In the afternoon, deputies will work in groups to scrutinise the draft amended Anti-Corruption Law. Chairman of the NA Committee on Culture, Education, Youth Phan Thanh Binh delivered a report assessing the draft law. The revised draft law on corruption control will be the topic of group discussion in the afternoon.
Source:VietNamNet News
May 31, 2018 02:15 UTC