Hanoi (VNA) â Vietnamese consumers spend, on average, 24 hours and seven minutes online per week, an equivalent of three working days - an increase of almost nine hours from 2014. The Nielsen Vietnam Cross-Platform Insights Report 2015 provides a comprehensive view of the way Vietnamese consume digital media in todayâs cross-platform environment. The report was conducted in nine Asian markets including Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, India, Taiwan (China) and Hong Kong (China). In all markets, 1,000 frequent online users aged 16 and above were sampled using an online survey methodology. According to the report, nine out of ten consumers in Vietnam (91 percent) own smartphones, compared to 82 percent in 2014. In Asia, consumers in Singapore are the most digitally active, averaging 25 hours and 9 minutes per week. Vietnamese between the ages of 21 and 29 are spending the most time on the internet, up to 27 hours and 2 minutes per week. Next is the age … [Read more...] about Vietnamese online three days a week
Building brand loyalty
REDOUBLE EFFORTS TO BUILD OUR PARTY CLEAN AND STRONG; PROMOTE THE ENTIRE NATION'S STRENGTH AND SOCIALIST DEMOCRACY; PUSH FORWARD COMPREHENSIVELY AND HARMONIOUSLY THE RENEWAL PROCESS; DEFEND FIRMLY THE HOMELAND AND MAINTAIN STURDILY A PEACEFUL AND STABLE ENVIRONMENT; AND STRIVE FOR OURS TO SOON BECOME BASICALLY AN INDUSTRIALIZED COUNTRY TOWARD MODERNITY Report of the Party's XIth-tenure Central Committee presented by General Secretary Nguyen Phu Trong on the Party's XIIth Congress Documents Members of the Presidium, Distinguished guests, Congress delegates, The Party XIIth National Congress is tasked with taking stock of the implementation of the Party's XIth Congress Resolution; looking at the last 30 years of renewal; determining orientations, objectives and tasks in the 2016 – 2021 five-year period of ; reviewing the leadership of the Party's XIth-tenure Central Committee; assessing the observance of the Party's XIth-tenure Statutes; and electing the Party's XIIth-tenure … [Read more...] about Report of the Party’s XIth-tenure Central Committee – Politics & Laws – Vietnam News Politics, Business, Economy, Society, Life, Sports
Interflour Group launches plant in Da Nang The Interflour Group has launched its plant – the eighth in the world and the second in Viet Nam – in the central city's Son Tra Peninsula. The plant, spread over 3ha in Yet Kieu Street near Tien Sa Port, has a capacity to produce 70,000 tonnes of flour products each year. It's the second plant in Viet Nam after a 250,000-tonne capacity factory in Cai Mep Industrial Zone in the southern Ba Ria-Vung Tau Province. A source from the city's investment and planning department said the plant, which was named the Viet Y flour factory and was owned by Foodinco Investment and Trading Company, was transferred to the Interflour Group for US$4 million. The Interflour Group is a major flour manufacturer in Viet Nam, claiming a 50 per cent market share. The group has built plants in Indonesia, Malaysia, the Philippines, and Turkey, besides Viet Nam, with a total capacity of producing 1.7 million tonnes per year. In 2012, the group established … [Read more...] about BUSINESS IN BRIEF 5/11
How to Make CRM a Competitive Weapon in Business? At the sideline of the conference “Customer Relationship Management (CRM) as a Major Competitive Weapon in Business” recently held by CFVG in Hanoi, Vietnam Business Forum had an interview with Mr Frédéric Jallat, - Professor and Head of the Marketing Department at ESCP Europe (Paris) on CRM and how Vietnamese enterprises can implement it successfully. CRM is now defined differently. What is your own definition? As far as I am concerned, I would define CRM as an approach which is based on identifying, attracting and keeping the company’s best customers in order to increase its global profitability. As such, customer relationship and loyalty management are at the heart of the company’s strategy. Therefore, tools and methods which develop and increase these relationships are crucial for the company’s survival and expansion. Why do you say that CRM is a major competitive weapon in … [Read more...] about How to Make CRM a Competitive Weapon in Business?
Vui Day Sun 13 Dec 2015, 9 am - 4 pm Yen So park, Hanoi Vui Day is a nonprofit playground with the participation of several social enterprises specializing in art, education and health. Providing innovative products for social values, they look forward to spreading this spirit to the community through Vui Day! Activities: VUI DAY = PICNIC + SHOPPING + CREATIVITY + CHARITY + MUSIC OUTDOOR… The event is to raise money for children in mountainous areas. The proceed collected from ticket sales of Vui Day will be used to build community playgrounds at schools to motivate the children in school days. Participation fee: Family package: 600 000 VND (max 6 people) (out of stock) Personal package: 150 000 VND/pax joining all above activities Register link here. Hotline 096 2277 480 or 094 3736 385 Live Minimal Disco with Roscius (France) and Cervo (UK) Fri 11 Dec 2015, 8 pm ATK 73a Mai Hac De, Hanoi Come to a live minimal disco act with Roscius (France) and Cervo (UK). Cervo will open and close … [Read more...] about WHAT’S ON DECEMBER 1-15 (DAILY UPDATE)
Poor sales predicted for air-con, cooling appliances Manufacturers and retailers of air-conditioning and cooling appliances are holding a pessimistic view on sales growth this dry season as the economic difficulties are still biting. A source from a company that imports Japanese products told the Daily his company had seen no rise in air-conditioning and cooling products imports and this was a sharp drop versus 2010, when sales rose to record highs. He said it was hotter this year but the economic woes had dampened demand for air-conditioners. Another factor that has forced the company to delay imports is a huge inventory carried over from last year. "To my knowledge, some firms last year offered great discounts to encourage electronics stores to buy their air-conditioners. But the centers witnessed a slump in sales and the lack of warehousing space for inventory compelled them to bring these air-conditioners to makeshift storage areas along the Red River," he said. Due to this … [Read more...] about BUSINESS IN BRIEF 23/3
Merkel eyes trade deals in Vietnam, Mongolia Fresh from a crisis meeting with France on the euro, German Chancellor Angela Merkel was due to embark Monday on a visit to Vietnam and Mongolia hoping to push deals on trade and precious raw materials. Ahead of the four-day visit, Merkel, who will be accompanied by top business leaders eyeing up investment opportunities, stressed the need to boost ties between the two fast-growing Asian nations and Europe's top economy. "Vietnam is an emerging country in Asia, has enjoyed fast-paced economic growth in recent years and is increasingly becoming a competitor for large nations like China," Merkel said in her regular podcast over the weekend. A senior government source in Berlin said Merkel would push for the conclusion of a free-trade accord between the EU and Vietnam. Germany "is a very strong supporter" of such a deal, the source said. Nevertheless, Merkel insisted she would not shy away from tackling what Berlin sees as a "deficit" … [Read more...] about BUSINESS IN BRIEF 21/10
Danang has been designated by the central government to be the core city of the Key Economic Zone in central Vietnam, the entrance to the UNESCO World Heritage sites, and the terminal point of the East-West Corridor linking with Laos, Thailand and Myanmar. It is clear that Danang's location makes it a strategic location from which your business can access potentially rich Vietnamese and other Asian markets.I. STRATEGIC LOCATION The coastal city of Danang is situated at the very heart of Vietnam, 759km from Hanoi and 960km from Ho Chi Minh City. It lies on the north-south communications axis of land ( National Road 1A), rail, sea and air routes. Danang borders Thua Thien - HueProvince in the north, QuangNamProvince in the south and the west, and the EasternSea in the east. It is located in a typical tropical area influenced by monsoons with an annual average temperature of 25.7C. The city has a natural land area of 1,256km2 and a population of 887,069 as of 01 April 2009. … [Read more...] about Why invest in Danang?
Donors urge quality public investment Donors called on Vietnam to restructure public investment to foster quality growth at a workshop in Hanoi on October 4. While examining the Ministry of Planning and Investment (MPI)’s five-year socio-economic development draft, most donors supported the country’s projected annual growth rate of 6.5 percent in the next five years instead of 7 percent. They said the reasonable rate would enable Vietnam to improve social protection policies, increase basic services for the poor and the most vulnerable groups, and create more jobs. Eamonn Murphy, the UN Resident Coordinator in Vietnam, said the country should pay attention to equity issues as economic growth alone cannot ensure human development. Rie Vejs Kjeldgaard, ILO representative in Vietnam, applauded issue of labour being pushed to the forefront aimed at reducing the unemployment rate amongst workers in urban areas to below 4 percent, creating jobs for over 8 million in five … [Read more...] about BUSINESS IN BRIEF 12/10
Only way out for long-delayed IP proposed by Hai Duong Stiffer measures were proposed to help break the current impasse of notorious long-delayed Viet Hoa-Kenmark Industrial Park in the northern province of Hai Duong. The Hai Duong Provincial People’s Committee just held a working session with related parties at Viet Hoa-Kenmark Industrial Park (IP) project and ultimately came to the conclusion that the IP must be sold in the upcoming time. Hai Duong IP Management Authority was assigned by the provincial People’s Committee to devise an official way out and submit it to the provincial management for approval. “The project has remained unsolved for quite a long time now, while the IP holds strategic importance in attracting investment to Hai Duong. This bottleneck must be tackled without further delay to unlock the so-far inhibited opportunities for others,” said a source from the provincial management. Also according to the source, the IP was unsuccessfully … [Read more...] about BUSINESS IN BRIEF 9/10