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
Dothan al for sale by owner
Da Nang opens new post-Covid window for manufacturers
Improving product quality The Nguyen Van Toan household business in the Non Nuoc Stone Carving Village at the foot of Da Nang’s famous Marble Mountain was one typical recipient of the industry promotion program. In the past, it used a semi-automatic turning lathe, which could only turn out 3-4 stone products a day, most of them fragile and inaccurate. With funding from the industry promotion program, the establishment invested in automatic lathes worth nearly VND800 million, including VND140 million from the local industry promotion budget. The automatic lathe can turn out eight products simultaneously, enhancing productivity by 10-20 times, guaranteeing proportional accuracy, ensuring aesthetics, reducing production time and thus increasing customer satisfaction significantly, Toan explained. According to Huynh Ngoc Trung, Director of the Bich Hanh Technology Joint Stock Company, the company received funding from the national industry promotion program three times for a total … [Read more...] about Da Nang opens new post-Covid window for manufacturers
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
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
Vietnamese singer Ha Anh Tuan backs world-renowned lifestyle brands
With expectations for the best, lifestyle and design play essential roles in young Vietnamese buyers' decision-making when choosing a new home. The value of individuality Famous for delivering awe-inspiring music, young Vietnamese singer Ha Anh Tuan brings years of international living and travel back to his home country. "I love to travel and believe each new experience gives us priceless life lessons," he says. While inspired by architecture, art, and music from around the world, young Vietnamese still take immense pride in their own arts and culture with a view to maintaining them. Having traveled far and wide, gaining experience and education, this next generation of buyers expect to see what they have experienced similarly reflected in the quality and luxury of their self-imposed lifestyles. Foreigners in Vietnam have noted this preference and can relate to it. With more than 20 years of experience working on such acclaimed and large-scale projects as Trump, … [Read more...] about Vietnamese singer Ha Anh Tuan backs world-renowned lifestyle brands