Wyndham Soleil Danang officially launches Nimbus TowerTHE MARQ – A PEACEFUL OASIS IN THE HEART OF DISTRICT 1BIM Land has signed 2 offshore loan agreements worth USD 137.5 millionBamboo Airways welcomes first Airbus A320neo aircraft in “Fly Green” liveryPerfect time to invest in Phu Quoc Real Estate Since using this modern payment application, my life has positively changed. As a person who was always cautious of managing money, I used to trusted in cash payment only. However I have changed my payment habit. It is now only with a cellphone, all of my ATM cards and membership cards are fully integrated with Samsung Pay, and above all others, it is still absolutely secured. Have you ever experienced the feeling of regretfully looking at your favorite items sold to somebody else, or how embarrassing it is when your money is not enough to pay for a coffee bill? Having gone through all of these, I shall share a tip to stay away from these troubles. The strong need of … [Read more...] about How did my cash payment habits change?
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Students at a primary school are given helmets (Photo: VNA) Hanoi (VNA) – Helmets and first aid kit bags were presented to high school students in Hanoi on October 15, part of a traffic safety project funded by Global Civic Sharing – a non-governmental organisation from the Republic of Korea. The beneficiaries were students of the Nguyen Tat Thanh High School in Cau Giay district. Addressing the event, Chief Representative of Global Civic Sharing in Vietnam Choi Eui-gyo said that the country has a very high rate of motorcycle use, with about 50 million motorcycles nationwide at present. It has also taken the lead in forcing commuters to wear helmets. However, more than 50 percent of the helmets used by commuters have been found to be impractical and unsafe. With the hope of helping to reduce traffic accidents and their consequences, Samsung Life Insurance coordinated with Global Civic Sharing to carry out a traffic safety project this year. The project, worth 6 billion … [Read more...] about Hanoi: RoK-backed project helps ensure traffic safety for students
LG has announced its decision to relocate a smartphone production base in Pyeongtaek, an area in the suburb of Seoul, to Hai Phong City in the northern of Vietnam. With the decision, LG has become the third mobile phone manufacturer, after Samsung and Apple, which has chosen Vietnam for their competition strategies in the future. The factory in Hai Phong will have the capacity of 11 million products. In 2018, LG sold 40 million smartphones all over the globe, accounting for 3 percent of the world’s smartphone market share. However, it reported a loss in the fourth quarter of the year. The factory relocation is hoped to increase productivity. Nguyen Tri Hieu, a respected economist, commented that LG’s new move once again showed the trend of South Korean corporations relocating their factories to Vietnam. Many of them are running production lines in Vietnam to cut production costs and increase sales in the host country. The presence of major South Korean manufacturers in … [Read more...] about Foreign mobilephone manufacturers flock to Vietnam amid Chinese rise
By Lê Hương Making independent films has long been considered a risky investment in Việt Nam There are obstacles in the production process as well as distribution, according to directors. Independent films are mostly new cinema projects made by independent entertainment agencies rather than big firms. The film genre may be different from normal movies in content, style and art form. Success overseas, lost at home Director Lương Đình Dũng is among the directors with most experience making and distributing independent films in Việt Nam. Two years ago, his film Cha Cõng Con (Father and Son) found it hard to find audience at home after touring many international film festivals. The film won various prizes including the Best Foreign Feature and Special Jury Award for Outstanding Cinematography at the 26th International Arizona Film Festival in 2017 and the Indie Spirit Best Storyline Award at the 15th … [Read more...] about Independent films struggle in Việt Nam
The report, which was released by the Vietnam Institute for Economic and Policy Research (VEPR), said the positive growth momentum in the latter half of 2017 seems to have helped fuel the growth in Q1 this year. Processing and manufacturing continued to be a key driving force for the economy with an expansion of up to 13.56%, it noted, adding that Samsung Vietnam remained the biggest contributor to the processing and manufacturing industry. The firm’s export of mobile phones and components reached US$12.3 billion in the three months, surging 58.8% year on year. The mining industry rebounded with a growth rate of 0.4% after two consecutive years of contracting. Industrial production output increased by 11.6% from a year earlier, much higher than the growth of the same period of recent years. VEPR Director Nguyen Duc Thanh said most of the added value in this sector came from foreign direct investment (FDI) companies, as the manufacturing industry received great contributions from … [Read more...] about Report reveals problems of Vietnam’s economy despite Q1 strong growth