The sadness of heritage

VietNamNet Bridge - E-commerce is not a short-term game where money is made after several months of playing. Vietnam’s e-commerce market had estimated value of $7.8 billion in 2018. From the low starting point of $4 billion in 2015, the market has expanded rapidly with a stable high growth rate in the last three years. With the growth rate of over 30 percent in 2018, Vietnam would be among three e-commerce fastest-growing countries in the region, after Singapore and Indonesia. The Vietnam E-commerce Association (Vecom) predicted that the domestic e-commerce market would be valued at $13 billion by 2020 if it maintains the annual 30 percent growth rate in 2019 and 2020. If so, the real market value would exceed the $10 billion threshold targeted by MOIT in the master plan on e-commerce development in 2016-2020. RELATED NEWS Three dimensions of Vietnam’s e-commerce in 2019 New legal framework required for Vietnam’s fast-growing e-commerce Mai Lan … [Read more...] about E-commerce players need to be patient, seek profit in long term

VietNamNet Bridge - Management over solid waste treatment is being undertaken by many state agencies. Domestic waste from households, agencies, schools, office and public utilities includes 55-69 percent of biodegradable organic substances such as leftovers, agricultural by-products, vegetables and fruits.  Between 7-16 percent is recyclable waste such as plastic, paper, plastic and scrap iron, which is collected by scrap dealers. Matter difficult to decompose accounts for 12-36 percent, mainly coal slag and broken bricks.  Of rural solid waste, only the waste from livestock and agricultural by-products are managed by households and production units, while the other types of waste are collected and treated in the same way, without classification. The General Directorate of Environment, which conducted a survey in all 63 provinces and first-class cities, found that in northern mountainous provinces, coastal provinces in the central region, the Central Highlands and … [Read more...] about Waste treatment in rural areas plagued by overlapping management

VietNamNet Bridge - Who will teach students in the digital era, teachers or high-tech robots? This was a question raised by Ha Van Thang, a lecturer in the geography faculty at HCM City University of Education, who spoke on the role of young teachers in the 4.0 industry period at a forum held in late March. Teachers use lesson plans professionally designed with support of software, reveling in using online connection apps, computers and smartphones. This will generate a wall between teachers and students. Teachers use lesson plans professionally designed with support of software, reveling in using online connection apps, computers and smartphones. This will generate a wall between teachers and students. It is now the fourth stage of education development: lifelong and personalized education which prepares people for innovation and creativity. RELATED NEWS Vietnam gears toward 4.0 university Education key for Industry 4.0 Kim Chi … [Read more...] about Who will teach in the 4.0 industrial era?

VietNamNet Bridge - Tran Trong Kien, CEO of Thien Minh Group, believes the aviation market is still large enough for new air carriers.  How many airlines should Vietnam have? The number of airlines in Vietnam is less than one-third of Thailand, which has 13 regular airlines and 10 chartered flight service providers. Kien proposed that the watchdog agency license more air carriers to satisfy the high demand for air transport. The Vietnamese aviation market is exploited by 68 foreign airlines from 25 countries and territories, and five Vietnamese airlines, namely Vietnam Airlines, Vietjet Air, Jetstar Pacific, Vasco and Bamboo Airways. In the domestic market, they fly 50 domestic air routes that link Hanoi, Da Nang and HCM City with 18 local airports. RELATED NEWS At least three more local airline carriers lining up to fly Pilots’ job-hopping causing problems for Vietnamese airlines Mai Lan … [Read more...] about How many airlines should Vietnam have?

Authorities are investigating after a teen who identified himself as missing Illinois boy Timmothy Pitzen told police he just escaped from his kidnappers, CNN affiliate WCPO reported. A 14-year-old boy told authorities in Campbell County, Kentucky, that he fled a Red Roof Inn where he and the two men who held him for seven years were staying, according to a Sharonville, Ohio, police report obtained by WCPO. He was unsure of the hotel's location, police said, but it appears the boy "kept running until he ran across a bridge into" Kentucky. Police in Sharonville checked all Red Roof Inn hotels in the area and did not find anything, the report said. Sharonville is about 12 miles northeast of Cincinnati. Law enforcement has not confirmed the teen's identity. FBI field offices in Louisville and Cincinnati said they were investigating a missing child case with law enforcement agencies in Aurora, Illinois, Cincinnati and Hamilton County, Ohio, as well as in Newport, Kentucky. Timmothy, then … [Read more...] about A teen tells police he escaped from his kidnappers after 7 years

VietNamNet Bridge - Nguyen Phuong Thao, 19, one of 10 Vietnamese outstanding young faces of 2018, is a student at the advanced training program in the Biotechnology Faculty at the Hanoi University of Natural Sciences.  Nguyen Phuong Thao The Vietnamese Young Faces Award 2018 is an annual national award that honors young people at home and abroad who gain excellent achievements in various categories. Thao was recognised in the category of study.  The Vietnamese Young Faces Award 2018 is an annual national award that honors young people at home and abroad who gain excellent achievements in various categories. Thao was recognised in the category of study.  Prior to that, when Thao was in the ninth grade, she won first prize at a competition for excellent students in Hanoi and came first in the entrance exam to the biology major class of the Hanoi High School for the Gifted majoring in Natural Sciences. RELATED NEWS Vietnam’s ten excellent young persons … [Read more...] about 19-year-old honored for achievements in cancer treatment therapy

Viet Nam’s U19 side have won the International Football Championship. Vietnamese players celebrate their U19 tournament title. - Photo of VFF A Phạm Xuân Tạo strike on the hour mark was enough to seal the win over Thailand on Saturday night in Nha Trang City.  It was the second time Việt Nam have beaten rivals Thailand in a week after their 4-0 victory at the Asian U23 Championships.  Thailand started the game well, clearly irked by the country’s earlier defeat, but with great support behind them, Việt Nam defended well and managed to take control of the game during the first half.  On 60 minutes they finally broke the deadlock.  Long Nhật’s long ball put Tạo through on goal and he rounded Rakyart in the Thai goal to coolly finish into an empty net.  Tạo, who finished the tournament joint lead scorer and most valuable player, thought he had doubled Việt Nam’s lead on 75 minutes but … [Read more...] about Vietnam win U19 International title

VietNamNet Bridge - The Vietnam Communist Party saw the risk of lagging behind 30 years ago. In the Resolution of the 7th Communist Party Congress and the resolutions of the next congresses, lagging behind was mentioned as a ‘risk’. The economic lag was manifested by many indicators, including productivity, competitiveness and GDP per capita.In comparison with the world Hai Loc … [Read more...] about Where is Vietnam on the world’s economic map?

VietNamNet Bridge - Managers of the Binh Son Refining & Petrochemical JSC (BSR) have expressed their concern that Dung Quat Refinery may take a loss because of the crude oil import tariff of 5 percent. BSR’s chair Le Xuan Huyen said the company has asked the government to adjust the import tariff applied on Azeri crude oil imported from Azerbaijan and other crude oil products. At present, the tariff on crude oil imports from 172 countries and territories offering MFN (most favored nation) status to Vietnam is zero percent, as stipulated in Dispatch 8678 of the General Department of Customs (GDC). The crude oil output from Bach Ho (White Tiger) field and domestic production continue to decline, which has forced Dung Quat to use more imports.  RELATED NEWS Dung Quat biofuel plant resumes operation after three-year hiatus Dung Quat Oil Refinery IPO attracts foreign investors Mai Chi … [Read more...] about Dung Quat Refinery anticipates losses after crude oil import tariff

The scorching heat in HCM City over the recent days has sickened many local people, particularly children and elderly people. More children in hospitalised in HCM City amid the hot weather Pham Van Hoang, head of Medical Examination Ward of the Children’s Hospital 1, said that the hospital has seen a surge in patient number despite not being the peak season for hot weather. Around 5,500 children are being hospitalised daily, mostly with digestive and respiratory problems. Dr. Le Cong Thien from Children’s Hospital 2, said that the hospital was coping with roughly 5,000 outpatients daily.   The high temperature has affected children’s immune system, increasing risks for viral attacks. Inappropriate temperatures for air conditioners were surprisingly blamed among the reasons for respiratory diseases among children. The number of elderly people in HCM City hospitalised has also increased. According to Dr. Vu Thi Minh Phuong, Thong Nhat Hospital’s … [Read more...] about HCM City hospitals handle heat wave patient flood