Automobiles manufactured in Ford's Hải Dương plant. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year. VNA/VNS Photo Trần Việt HÀ NỘI — Automobile manufacturers reported growth in sales in March. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year, equivalent to 5,914 vehicles delivered to customers. The company’s General Director Phạm Văn Dũng said the automaker’s sales maintained growth thanks to leading products, particularly sport utility vehicles (SUVs) and commercial ones, despite a period of business stagnation in the domestic auto market and adverse impacts of the COVID-19 pandemic. In Q1, Ford Vietnam’s sales of Everest SUVs recorded a year-on-year surge of 49 per cent, with 1,459 vehicles sold. In March alone, the number of delivered vehicles hit 817, leading the mid-size SUV segment with more than 50 per cent of the market share. In addition, Ford Ranger … [Read more...] about Automobile firms report sales growth in March
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Local airlines add more flights, increase prices for upcoming holiday
Airplanes are seen at Nội Bài International Airport. More flights have been added to serve rising demand for upcoming holiday but more expensive airfares upset many locals. VNA/VNS Photo Huy Hùng HCM CITY — Local airlines have increased flights to popular destinations to meet travel demand during the upcoming national holiday season. However, the fares are rising by the hour. Vietnam Airlines Group, including Vietnam Airlines, Pacific Airlines and Vasco, is offering 500,000 seats, equivalent to about 2,600 flights to and from Hà Nội, HCM City, Đà Nẵng, Quy Nhơn, Đà Lạt and Phú Quốc, among other localities, between April 4 and May 3. The number represents an increase of 100,000 seats compared to off-peak periods. Bamboo Airways has plans to add about 110 to 150 flights per week, which is equivalent to 22,000 to 30,000 seats, with many routes operating at a frequency of up to four to five flights per day. Popular routes are Hà Nội/HCM City to Phú Quốc, Nha Trang, Quy Nhơn … [Read more...] about Local airlines add more flights, increase prices for upcoming holiday
Every digital project needs quality assurance
A project management team, usually with representatives from the company’s internal IT and/or digital units, from impacted business units, and from the vendor(s), is put together, and a project manager or project management unit is assigned. These digital projects are challenging, and more often than is acknowledged, fail to fully achieve their objectives. The most common reasons for failure include: (i) lack of backing from leadership; (ii) unclear and/or shifting objectives; (iii) unforeseen impact on ongoing operations; and/or (iv) poor project management. Claude Spiese, senior advisor of Digital Advisory at Grant Thornton Vietnam “Independent project quality assurance (QA) can lower cost, save time, and improve the quality of deliverables for most digital projects,” stated Claude Spiese, senior advisor of Digital Advisory at Grant Thornton Vietnam. “The key is to engage an experienced project QA advisor, who works closely with the project team to provide advice as … [Read more...] about Every digital project needs quality assurance
Brewing up change with modern strategy
During the most difficult period of 2020 that was plagued by COVID-19 and tough new local drink-driving rules, Neo Gim Siong Bennett, who is the general director of SABECO, kept the faith in its strategy. “This storm will soon pass, and the sun will be out again,” he said. “In the meantime, we will focus on weathering through this storm, and be fully prepared to make hay when the sun shines again.” The spirit of being willing to accept tough trials is rooted in the company’s transformation strategy that started sharply three years ago after Thai Beverage acquired a majority stake when the state-owned brewer was sold off. SABECO is one of the top Vietnamese corporate brands and the market leader in Vietnam’s beer industry. The sale set a pivotal milestone for its upcoming development, in which the company is focusing on sustainable business growth through harnessing synergies across brand strength, financial capacity, manufacturing and distribution systems, local market insights, … [Read more...] about Brewing up change with modern strategy
Vietnam’s seaport system has eight more terminals
A container ship docks at a terminal in Ba Ria - Vung Tau province (Photo: VNA) Hanoi – Eight terminals have been added to the list of those at seaports in Vietnam, raising the total to 286. Among the newly added terminals, four are part of Vung Tau Seaport in the southern province of Ba Ria – Vung Tau, according to the list recently released by the Ministry of Transport. The seaports of Hai Phong, Khanh Hoa, Dong Nai, and HCM City have one new terminal each. At present, some seaport areas accommodating many terminals include Hai Phong (50 terminals); Vung Tau (46); Ho Chi Minh City (42); Can Tho (21); Dong Nai (18); Khanh Hoa (16); Quang Ninh (13); Da Nang (eight); Nghi Son, Nghe An, and Dung Quat (seven each); and Ha Tinh and Binh Thuan (six each). The Vietnam Maritime Administration said with a terminal system spreading from the north to the south, Vietnamese seaports have been well-functioning as goods trading hubs amid the country’s intensive integration into the … [Read more...] about Vietnam’s seaport system has eight more terminals