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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

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

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

The arrests were made by police in Hyogo Prefecture last week as the two, 32 and 33, were accused of stealing medicines, essential goods and functional food worth 3.2 million yen ($30,000) from drugstores in eight prefectures since March 2020, Japanese news outlet NHK reported. The two suspects, who used to be trainees in Japan, pleaded guilty, saying they had committed the burglaries to "cover their living expenses and gambling." Stolen items mainly included sunscreen, shaving products, tonics, and essential items. "I used to go to the Japanese immigration department to register to fly home because my internship period ended and I was unemployed. But I was unable to return home due to Covid-19 travel restrictions," said one of the two suspects. "Vietnam has great demand for Japanese consumer goods. I had sold stolen goods to an acquaintance through social media platform SNS," he added. The duo have been put under criminal investigation while Japanese police are hunting … [Read more...] about Japan arrests two Vietnamese over 100 drugstore thefts

The index stayed in the green throughout the day and closed with a near 21-point gain, the biggest increase in the last seven sessions. VN-Index has several times hit new peaks this year after beating the 2018 level earlier this month. Trading value on the Ho Chi Minh Stock Exchange (HoSE) rose 18 percent to VND21.5 trillion ($934 million), a new record this year, compared to the average VND15.5 trillion in the first quarter. The increasing amount of cash poured into the stock market coincides with the rise in new investor numbers. A total 113,875 new trading accounts opened in March, the highest monthly figure ever, bring the total number to 3.02 million, equivalent to 2.8 percent of Vietnam's population. The VN30 basket, comprising the 30 largest capped stocks, saw 20 tickers in the green Monday, led by NVL of Novaland Group, up 5.9 percent to a new all-time peak. This is its eighth gaining session in a row, having climbed over 18 percent since April 2. VIC of … [Read more...] about VN-Index hits new peak as trading value surges