Illustrative image (Photo: Nikkei Asian Review) Hanoi (VNA) - Japanese electronics and infrastructure systems giant Hitachi Ltd will launch a haulage vehicle-sharing service in Thailand next month, taking advantage of its expertise in big data analysis and artificial intelligence technology. Hitachi said on May 29 that the service is aimed at optimising movements of trucks and containers, allowing local manufacturers and distributors, like retailers, logistics companies and Hitachi group firms, to cut shipping costs and delivery times. Registered cargo shippers place delivery orders with Lumada Centre Southeast Asia, Hitachi's big data collection center based in Chonburi, while logistics firms update their fleet information to promptly meet their needs, including freight and delivery timing. Hitachi's Southeast Asian regional headquarters, Hitachi Asia (Thailand) Ltd, and Hitachi Transport System Vantec (Thailand) Ltd, conducted a trial with major Japanese diaper and sanitary … [Read more...] about Hitachi to roll out haulage truck-sharing service in Thailand
Shared services centre
DHL Express opens its largest service centre in Hanoi
The opening ceremony of the new DHL Express facility in Hanoi Many studies have shown that Vietnamese consumers are more and more fond of foreign goods and that they are willing to pay a higher price to buy the items they like, even from halfway around the world. In addition, Vietnam is also increasingly exporting goods, which makes international express a fertile land. According to the General Department of Vietnam Customs, as of November 2018 the import-export turnover reached nearly VND418.45 billion ($18.19 million), up 13.7 per cent over the same period last year. In particular, export turnover increased by 15.1 per cent and import turnover increased 12.4 per cent. Cross-border trade continues to be a powerful drug for logistics units. The world's most prestigious international courier brands, DHL of Germany, TNT of the Netherlands, as well as FedEx and UPS of the US, have joined and considered the express delivery market in Vietnam as "golden soil." Today, DHL Express, the … [Read more...] about DHL Express opens its largest service centre in Hanoi
Healthcare service fee cuts put pressure on hospitals
Viet Nam News HÀ NỘI — Costs have been cut for 70 healthcare services at hospitals and clinics nationwide following a circular that took effect on Sunday. Patients will now pay anything from 5 to 50 per cent less for dozens of services. For many few patients and their families, the decision is welcome news. Lê Thị Út from the Mekong Delta Province of Tiền Giang is a relative of a patient being treated at Trưng Vương Hospital, and is happy with the price cuts. “For poor people, health insurance only covers part of hospital fees. Thanks to this fee reduction, it won’t cost us as much,” she told Vietnam News Agency. According to the new circular, fees for six services at five levels of hospitals and communal clinics have fallen by 17 per cent on average. Bed fees have been cut by 2 to 10 per cent, depending on hospital class. Examination fees have fallen by 15 to 20 per cent, or about … [Read more...] about Healthcare service fee cuts put pressure on hospitals
Trade and service sectors need revision
The development of wholesale and retail infrastructure in Viet Nam has faced its fair share of rocky moments, but the industry’s growing role in consumption has put it at the forefront of the economy. Nguyen Van Hoi, deputy director of the Domestic Market Department under the Ministry of Industry and Trade made the statement on Fridayat a conference on the role of management agencies and businesses in developing trade and services, held in Ha Noi. Hoi said the average growth of retail and consumption services revenue was 10 per cent a year from 2011-17. This meant that the revenue increased from VND3.5 trillion (US$153.5 million) in 2016 to VND4.2 trillion in 2017. In the first four months of this year, it was estimated at VND1.4 trillion, up 9.8 per cent from the same period last year. The average growth rate of combined retail and services revenue is always higher than GDP growth. “However, the trade infrastructure system has been distributed unevenly, and is focused … [Read more...] about Trade and service sectors need revision
Shares decline on surging selling pressure
Investors watch stock fluctuations on the ABC Securities trading floor in Ha Noi. - VNA/VNS Photo Dao Ngoc Thach The benchmark VN Index on the HCM Stock Exchange (HOSE) dropped 2.27 per cent to close at 1,030.64 points, expanding its loss of 1.76 per cent from Wednesday. Meanwhile, the HNX Index on the Ha Noi Stock Exchange (HNX) inched up 0.01 per cent to end at 121.50 points, recovering from its decline of 1.75 per cent in the previous session. Market trading liquidity signaled improvement but still remained low with nearly 175 million shares, worth VND4.9 trillion (US$215 million), traded on the two local exchanges. Declining stocks dominated the two bourses, outnumbering gainers by 253 to 199, signalling low investor confidence. Across the stock market, banking, securities, real estate, construction, retail and insurance were the worst-performing industries. Their indices declined between 0.9 per cent and 3.7 per cent, according to vietstock.vn. Large-cap stocks underperformed … [Read more...] about Shares decline on surging selling pressure
Ho Chi Minh city to have modern pilot training centre in late 2018
Trainers at a course of BAA trainingBAA Training is a pilot training centre that provides specialized and flexible solutions for global companies. In 2017, the centre saw 750 pilots from Europe, Northern and Southern America, Africa and Asia using 85 flight simulators with total time of 25,000 hours.In Vietnam, it targets completing four flight simulators and Ab Initio Pilot Training School before 2023.As forecast by Boeing, Asia Pacific will need around 253,000 pilots from now until 2036. In Southeast Asia, the number of aircrafts will increase from 1,410 to 4,200 between 2016 and 2036 with 77% of these being one-alley aircrafts of A320 and Boeing 737. Aiming to meet the increasing demand for trained pilots in the region, BAA Training Vietnam plans to build a modern training ground in Ho Chi Minh city and targets opening Ab Initio Pilot Training School in the next five years. In addition, aiming to speed up the development process and enhance the operation capacity of the centre, … [Read more...] about Ho Chi Minh city to have modern pilot training centre in late 2018
Sharing the burden of post-war landmines and UXOs aftermath
Prime Minister Nguyễn Xuân Phúc has called for joint efforts and drastic actions to address the lingering consequences of bombs, mines and unexploded ordnances (UXO) left by wars throughout the country. — VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has called for joint efforts and drastic actions to address the lingering consequences of bombs, mines and unexploded ordnances (UXO) left by wars throughout the country. Addressing an exchange programme yesterday to mark International Day for Mine Awareness and Assistance in Mine Action, which is officially marked today, Phúc asked for quick reduction of areas contaminated with bombs, mines and UXOs as well as better prevention and support for victims. He stressed that it was necessary to focus on solving the consequences of landmines and toxins with the priorities of protecting people’s health and safety, cleaning up the … [Read more...] about Sharing the burden of post-war landmines and UXOs aftermath
NA Chairwoman visits World Horti Centre in the Netherlands
National Assembly Chairwoman Nguyen Thi Kim Ngan visits World Horti Centre. — VNA/VNS Photo National Assembly Chairwoman Nguyen Thi Kim Ngan held a working session with the Dutch Cooperative Organisation - Agriterra in the Dutch city of Arnhem on March 28 while visiting the World Horti Centre. Speaking at the session, Agriterra Managing Director Kees Blokland introduced the centre’s activities and horticulture cooperation model between Viet Nam and the Netherlands. He said Agriterra gathers the involvement of manufacturers, researchers, businesses and government in flower production and trade, adding that it offers consultancy-training, experience sharing, access to bank loans and improvement of services for farmers’ organisations, as well as facilitates dialogues among farmers, government and businesses. According to him, Agriterra sent experts to Viet Nam and welcomed a Vietnam Farmers’ Union delegation to the Netherlands for training. It also signed an … [Read more...] about NA Chairwoman visits World Horti Centre in the Netherlands
HCM city to be developed into major economic centre of Southeast Asia
Deputy Minister Phan Thi My Linh handed over the document of the adjustments to Mr. Tran Vinh Tuyen. (Photo: VGP)The plan aims to develop Ho Chi Minh city into a dynamic and sustainable urban area with an important position in Southeast Asia; a modern economic area and major economic centre of the whole country and the region. It will also be developed into a centre of commerce-finance, scientific research-service, hi-tech and specialized industry, culture, education-training, science-technology and high-quality health care in the region. In her speech, Ms. Phan Thi My Linh, Deputy Minister of Construction, said the adjustments to the plan will meet the requirements of the city in comprehensive and close connection with other provinces and cities, and will foster socio-economic development of the whole region, creating favourable conditions for the city to promote its nuclear role. As planned, the southern hub will cover the whole administrative boundary of its and seven neighbouring … [Read more...] about HCM city to be developed into major economic centre of Southeast Asia
HNX shares climb on HoSE hitch
Shares maintained their upward trend on Tuesday on the Ha Noi Stock Exchange as money shifted from the southern bourse to the northern one after the HCM Stock Exchange halted operations due to a technical crash on Monday.The southern stock exchange experienced a technical crash at 2.31pm on Monday, halting all trading activities.The HNX Index on the Ha Noi Stock Exchange gained 1.97 per cent to end at 126.32 points. The northern market index rose 1.22 per cent on Monday.Nearly 94.5 million shares were traded on the northern exchanges, worth VND1.5 trillion (US$66.1 million), up 11.4 per cent in volume and 12.7 per cent in value compared with Monday’s figures.The market breadth was positive with gaining stocks outnumbering the declining ones by 129 to 83, while 170 other stocks ended flat.Money was poured into large-cap stocks on the northern bourse. Among the best gainers were banks and oil and gas companies.Asia Commercial Bank (ACB) and Sai Gon-Ha Noi Bank (SHB) increased … [Read more...] about HNX shares climb on HoSE hitch