How to find your lost AirPods if you misplaced them

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It’s pretty simple to find your lost AirPods, so long as they still have power. Apple has a tool called “Find My iPhone” that, despite its name, can help you keep track of almost all your Apple gadgets.

The app is preinstalled right on your iPhone or iPad. If you don’t have an iPhone, you can also find it at iCloud.com, where you’ll just need to log into your Apple account first.

Here’s what you need to do:

Todd Haselton | CNBC
  • Open Find my iPhone on your iPhone.
  • Scroll through the list of Apple products you own and tap your AirPods.
  • You’ll see where they were last located, which means they were in range of your iPhone and still had power.
  • If they look like they’re nearby, tap Actions.
  • Tap “Play a sound.”
  • Now be quiet and listen for your AirPods. They should be playing an alarm so you can hear them. This is great if they’re hiding under your bed or in a couch cushion.
    The bad news

There’s not much you can do if they stolen or are no longer within range of your iPhone, like in the back seat of an Uber somewhere. You might not have to buy a whole new set, though. If you’ve only lost a single AirPod, you can buy a replacement from Apple for $69 per bud. Or, if you just lost your case, you can purchase a new one for $59. Apple’s new wireless charging case for AirPods costs $79 to replace.

CNBC

‘Stairways to heaven’ Insta-tourist traps raise eyebrows in Vietnam

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‘Stairways to heaven’ – staircases that ascend into the sky and stop midair – are Vietnam’s hottest new Instragram trend, with international and domestic tourists alike rushing from various destinations in the country to snap photos on the impressive structures.

Vietnamese authorities, however, do not share enthusiasm for the trend, with regulators in several localities voicing their concerns over safety and expressing frustration that these structures are being built without proper construction licenses being granted by the appropriate government agencies.

Da Lat, Hoi An, and Nha Trang are just a few of the tourist hubs where visitors can take photos sitting on the stairs against a magnificent backdrop of mountains, trees, and forests.

Yet the dangers of climbing several meters into the air on stairways with no railings or safety equipment have not gone unnoticed.

At the Seagate Park, a theme park located in Quy Nhon, the capital of the south-central province of Binh Dinh, construction of one such stairway was ceased on August 3, just days after work began, when regulators called out the park for building without first obtaining the proper permit.

The stainless steel stairway was expected to measure four meters tall, according to Seagate Park director Nguyen Van Canh.

Workers tear down one stairway illegally built in Quy Nhon, the capital of the south-central province of Binh Dinh, on August 3, 2019. Photo: T. Thinh / Tuoi Tre

Tran Viet Bao, director of the provincial construction department, said such structures require evaluation and permission from specialized construction agencies before they can be built.

Canh, on the other hand, said the stairway is simply a small-scale item that does not meet the criteria for needing a construction permit.

In Da Lat, the first Vietnamese locality where such structures were built, three ‘stairways to heaven’ have been erected in Ward 11 alone, all run by different household businesses.

The households, all of which operate as coffee shops, say the stairways are a highlight of tourists’ visits to the city and serve as a spot for a photo shoot thanks to the stunning backdrop of blue skies against an endless carpet of flower gardens and vegetable farms.

In April, the Da Lat administration slapped each of the three households with a VND15 million (US$645) fine for constructing the staircases without a permit. Two of them were also given ten days to tear down the illegally-built structures.

Four months later, all three of the ‘stairways to heaven’ are still receiving visitors.

The operators of the venues have reportedly filed for construction permits for the stairways.

Source: Tuoitrenews

 

The world wonders what’s happened to the United States of America

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London (CNN) — What happens to a country that is an idea, when that idea turns ugly?

Since the collapse of the Berlin Wall, the United States has been the leader of the free world economically, militarily, but also — as communism and fascism fell by the wayside — as an idea.

They went too far in Iraq in 2003, got too greedy before 2008, and let Syria down in 2013. But still, the US’ obsession with painstakingly transparent self-analysis, allocation of blame and rooting out failure, got it back on top. However much you hate it, the idea seemed to justify its existence.
But this has been a difficult month. Well, a difficult year. Actually, scratch that too: everything since November 2016 has been discombobulating. I recall watching American expats, Europeans, Lebanese aghast in Beirut when Donald Trump won. It seemed to them like the wheels were coming off civilization. But surely, they could not forever, as the idea of the United States was designed to be tamper-proof?

Yet this is what the American people wanted — the electoral college at least. Trump’s rise reflected what Europe was already doing to itself: a reaction to rampant globalization, to an era of migration and economic freedoms no generation had seen before. But America was supposed to know better — to lead us forward, not backward, to know the way.

Winston Churchill said you could always count on the Americans to do the right thing once they had tried everything else. Now, it’s not clear who would know what the right thing is when it happens. Twitter, other social networks and websites mean it would be under assault by automated bots, the moment it put its head above the parapet.

When it comes to racism it’s not just America, it’s everywhere. Europe has been having its own ugly dance with it. Brexit is a form of xenophobia masked behind dislike at European trade regulations few voters know much about. And it was championed by a man who once said women in full-face veils looked like letter boxes. He is now Britain’s prime minister. Germany has the Alternative for Deutschland. Italy has Matteo Salvini.

But America has taken it a step further. Burning lanterns, protestors being run over with cars, dog-whistles in mainstream politics. It is strange to live in a time when the then prime minister of the UK, Theresa May, had to publicly admonish the US president for racist comments, like President Trump’s tweet that four congresswomen should “go back” where they came from. And to have the Chancellor of Germany, Angela Merkel, stand in “solidarity” with those targeted women.

We watch the downward spiral helpless, trying not to be dragged in. America’s ugly obsession with guns and mass shootings blended this month predictably with the far extremes of anti-immigrant sentiment. But the rest of the world is used to American intransigence after killings like that in El Paso — to seeing Americans bafflingly discuss cracking down on websites and mental health issues, and not the glaringly obvious problem of battlefield weapons (with magazines used in Dayton unlike anything I’ve ever seen in a warzone) being available to teenagers.

It is extremely hard to understand the American obsession with the gun, unless you are an American obsessed with the gun. Those Americans who believe in their right to bear arms look in revulsion at foreigners who think a person’s right to safety is more important. The outside world just doesn’t get it. And even places like Serbia — just behind the US and Yemen in terms of legal gun ownership with a whopping 39 guns per hundred people (the US has 120) — manage to have very low murder rates. 1.39 murders per hundred thousand people compared to the US’ 5.35 in 2016. America seems a violent and angry place, and it didn’t even have a civil war just over 20 years ago.

Japan just this week warned its tourists going to the US that it is a “gun society” where “gunfire incidents could occur anywhere.” In Japan, you have an almost 0% chance of being murdered, by the way, and need to pass a long list of tests to own a firearm, including being 95% accurate at target practice. Japanese people are much, much safer with fewer guns. Even Serbian people are safer with not quite as many guns. New Zealand Prime Minister Jacinda Ardern summed up in May how many feel when they look on aghast and fatigued at another mass shooting in an American mall, “to be honest I do not understand the United States,” she said.

Part of that violence feeds the American myth the world loves through Hollywood. The lone hero always vanquishes his persecutor with a 45. But compassion is also vital. The intense cruelty of US Customs and Border Protection facilities, separating children and parents, and of Immigration and Customs Enforcement raids, all fall foul of the rosy-eyed view outsiders have of America as a place where anyone can come and make it. The huddled masses were always the point of the United States, but now they seem to have become the enemy within.

The cruelty of how the US persecutes those who have broken its laws is something many Europeans marvel at. But we tend to forgive the American cruelty towards failure and sin. It’s part of their winner-only culture, of the hope that eventually they will realize who was wrong and who was lazy and who had the better idea. That the meritocracy will resume its normal service shortly.

But with Trump it is different. His genius for retail politics isn’t bound by truth or — it seems — decency. It feels like the American idea has been hacked. We don’t know if it ends, ever, or whether, as Michael Wolff wrote, the biggest problem America will have now is getting back to politics being boring.

What comes next? Does it lead the free world again, or allow China’s alien authoritarianism to fill the vacuum? Has America peaked? Will it eventually do the right thing, and who will be left to know when it does?

Read original article on CNN

Preschoolers burned in fire safety demo gone wrong at Vietnam daycare center

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A fire safety demonstration organized by a daycare center in northern Vietnam on Friday ended up sending three preschoolers to hospital for burns after flame and strong winds spelled disaster.

Around two dozen students, aged one to five, were attending the demo at the Tuoi Tho (Childhood) Daycare in Ha Nam Province, 50 kilometers south of Hanoi.

In a live presentation on extinguishing small fires, the instructor poured industrial alcohol into a tray before lighting it on fire.

Strong winds sent the fire onto three kids, aged three to five, at the front row.

Teachers used damp towels, prepared for the demonstration, to quickly put out the fire and rushed the kids to the hospital.

One of them suffered from large area burns while the other two sustained minor burn injuries, a representative from the Ha Nam General Hospital told Tuoi Tre (Youth) newspaper.

Procedures were being done to transfer the victims to the 103 Military Hospital in Hanoi for better burn treatment as of Friday, the representative said.

Officers are already working with the daycare center to investigate the incident, said Vu Minh Dong, police chief of Duy Minh Commune in Duy Tien District, Ha Nam.

“The privately run daycare was only licensed around three months ago,” Dong said.

The center is in charge of two groups of students, one for children aged 1-2.5 and the other for those aged three to five, according to the police chief.

“All 25 children from the two groups were allowed to participate in the fire safety demonstration,” he said.

Source: Tuoitrenews

Vietnamese government is toughening standards for items to qualify as made in Vietnam to block Chinese detours

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Locally added value must be 30% or higher, government says

The Vietnamese government is toughening standards for items to qualify as made in Vietnam, Nikkei has learned, seeking to address American concerns over Chinese goods being exported indirectly through the Southeast Asian country.

To be designated Vietnamese-made, goods imported from China would have to be processed into a distinct product, with domestic manufacturing added value accounting for at least 30% of their price.

Washington, which has imposed punitive tariffs on Chinese goods amid trade tensions, has taken a stern eye toward those goods circumventing penalties by being shipped through Vietnam, prompting Hanoi to respond.

For goods sold at home, Vietnam’s standards for what counts as domestically manufactured are vague, with manufacturers allowed to decide whether to label their goods as made in Vietnam. The proposed rules would raise the bar for a majority of goods, including agricultural ones, and clarify that products passing through with only light changes do not qualify.

The government is seeking input from manufacturers and consumers based on the proposed rules to incorporate into a final version it hopes to quickly put together. With Hanoi also considering how Washington will receive the measures, a focus moving forward will be whether the rules include penalties for infractions.

The escalation of the Sino-American trade war spurred many manufacturers to shift output from China to Vietnam, where costs are relatively low, or establish new bases here. As Vietnam’s first-half goods exports to the U.S. jumped roughly 30% on the year, concerned voices in the U.S. over illegal indirect exports from China grew louder.

The U.S. runs a major trade deficit with Vietnam. In May, the Treasury Department added the Southeast Asian country to its list of major trading partners that “merit close attention to their currency practices and macroeconomic policies.”

With American imports from Vietnam still expanding, U.S. President Donald Trump has hinted that Hanoi may face penalties similar to Beijing unless it cracks down on Chinese goods being shipped through.

By TOMOYA ONISHI, Nikkei staff writer

Remains of Vietnam War pilot flown home to Texas by son

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The remains of an Air Force pilot whose plane was shot down in 1967 during the Vietnam War have been returned to Texas by a commercial jet flown by his son.

The remains of 36-year-old Col. Roy Knight Jr. of Millsap arrived at Dallas Love Field. Southwest Airlines Capt. Bryan Knight flew the plane transporting the flag-draped casket in what he describes as the most important flight of his life.

“To be able do this, to bring my father home, I’m very, very honored and very lucky. How many people would ever have this kind of opportunity to do this? This is awesome,” Bryan Knight said. “It’s very touching, everything that I’ve gotten from all the people at Southwest Airlines. … It’s been overwhelming.”

The announcement was made about the war veteran over the intercom at the airport and travelers and workers stopped what they were doing the moment Bryan Knight landed the plane to silently watch, salute and pay their respects to the fallen pilot.

Journalist Jackson Proskow captured the powerful moment

The Defense POW/MIA Accounting Agency says Roy Knight, whose remains were accounted for 52 years later in June, will be buried with full military honors Saturday in Weatherford. That’s 50 miles west of Dallas.

According to Southwest Airlines, when Bryan Knight was just 5, he made a trip to Love Field to send his father off to the Vietnam War.

“That day in 1967 would be the last day he saw his father as just a few months later, Col. Knight’s jet was shot down and he went missing in action for decades,” Southwest said in a news release.

Roy Knight on May 19, 1967 was with the 602nd Tactical Fighter Squadron and leading a strike mission on the Ho Chi Minh Trail in Laos when his plane was shot down.

Military officials say the crash site was searched several times since the 1990s. Searches this year led to remains linked to Roy Knight.

“He was posthumously awarded the Air Force Cross, Silver Star, Distinguished Flying Cross, Purple Heart and six Air Medals for his actions during this time,” according to an online obituary.

By ABC News & Associated Press

Japanese textile maker Suminoe Textile to set up plant in Vietnam

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Japanese textile maker Suminoe Textile Co. will set up an electric carpet plant in Vietnam, its second overseas base, for exports to Japan.

Related: Establishing a 100% foreign company in Vietnam

The Osaka-based firm established a wholly owned local subsidiary, Suminoe Textile Vietnam Co., in the Dong Van III industrial zone 40 kilometres south of Hanoi, with a capital of 1.9 million USD, Japan’s Kyodo News reported.

The new company will rent a factory to produce electric heating appliances such as electric carpets and blankets.

Electric heating appliances are one of Suminoe’s key products in functional goods business, produced overseas solely in Suzhou in the province of Jiangsu since 2003.

Suminoe, which made its first foray into overseas business in 1994 by establishing a Thai plant, now has 14 bases in seven countries, including the United States, India and Indonesia.

According to GBS, a business law firm in Vietnam, the Limited Liability Company can be registered within 15 working days. Limited Liability Company has more credibility than a Subsidiary Company or General Partnership. Venture capitalist and Angel investor prefers to invest in a Limited Liability Company. Approximate every year, more than 200,000 companies registered in Vietnam.

Currently, Japan has 4,190 investment projects in Vietnam with total registered capital of US$57.9 billion, ranking second among countries and territories investing in Vietnam.

The latest survey conducted by JETRO showed that 65.3 percent of the 723 Japanese companies operating in Vietnam recorded high profits in 2018.

The majority of these companies listed market scale and growth as the greatest advantages of Vietnam’s investment environment. Other positive factors include low labor cost and political stability.

 

Sumitomo Electric Industries, Ltd. established a representative office in Vietnam

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Sumitomo Electric Industries, Ltd. announced that, the company has established a representative office in Vietnam to carry out marketing and other activities for expanding its hard metal cutting tool business in Vietnam.

Related: Set Up a Representative Office in Vietnam

Sumitomo Electric Industries, Ltd. is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company’s shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange.

Vietnam, where steady economic growth continues, an increasing number of Japanese automakers and parts manufacturers have been establishing plants as global production bases, and accelerating installation or expansion of their production lines in recent years. In addition to these activities by Japanese manufacturers, the spread of machining in local industries is also generating various needs. In response to this trend, Sumitomo Electric, which works in sales, marketing and planning of cutting tools, has established a representative office in Vietnam.

Aiming to expand its market share of cutting tools in Vietnam, Sumitomo Electric will conduct a broad range of marketing activities and provide its local sales agents with technical support in machining mainly in the automotive, steel, industrial machinery, aircraft, semiconductor and precision parts industries.

“The procedure to establish a representative office is relatively straightforward. An application with stipulated supporting documentation must be submitted to the relevant DoIT. The application and profile must be prepared in English and Vietnamese, and the license is usually valid for five years and may be extended.” Ms. Sophie Dao, Partner of GBS, a business law firm in Vietnam said.

How ever, a representative office not permitted to perform any activities generating profit. The main purpose of a representative office is to conduct market research, provide information on a company, product or service, and act as a contact point.

Unforgettable experience of traveling by train in Vietnam

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Most of Vietnam’s major provinces are well-connected by the train system. If you have a flexible schedule and want to save a few bucks, you can try travelling by train instead of airplane.

There are pros and cons of train travelling, the following guide is expected to help you consider and make the most suitable choice with your budget plan.

The joy of train traveling

Travelling by train in Vietnam is truly an unforgettable local experience. The biggest advantage of this means of transportation is the reasonable price and safety. The fare is half of airplane’s and only slightly more expensive than bus. Rustic as it is, the slow train goes along or even through mountains, forests, valleys and even ocean, which helps everyone enjoy Vietnam’s authentic natural vista. Moreover, spending a few hours on train is an interesting way to make friends with local and have a closer view about their daily life. Your travelling fellows come from every part of the society: students, workers, small business owners, and of course, tourists and you will have more chances to talk to them than when you travel on air.

In some certain routes, train is essential means to get to the destination. For example, to get from Hanoi to Sapa, the road remains rough and train provides an economic and time saving option to travel between the two. For those who want more than just the basic train amenities, there is an abundance of choices from 4 berth wooden panelled cabin to a cheap soft-seat, which can satisfy the needs of the most demanding passengers.

Even for short trips such as the 3 hour one between Hue and Hoi An (which stops in Danang station), travelling by train is still something worth considering. The hours sitting on Russian style train will expose you to breathtaking landscape of mountains and oceans on the way, and the slow speed means that you can use your camera to full.

Disadvantages of travelling by train

There are things you should be aware of.

Before heading to the station and hop on the train, you should keep in mind that train in Vietnam will not be as modern, superfast and clean as the expresses in Japan or Singapore, since Vietnam’s railway system was established more than a hundred years ago with occasional maintenance. The hard wooden seat makes it impossible for passengers to change the seat’s angle and lie down; while the soft seat, though has been covered with a layer of vinyl, is quite small and narrow. Passengers may feel uncomfortable with these two kinds of seats, especially during the long trip.

The carriage is often packed with people and sometimes too noisy, and tourists are expected to take great care of their luggage on their own, even if they buy tickets to sleep in berth in private cabin. Limited train services includes light blanket for passengers in cabin and a mobile food stall offering porridge, instant noodle and junk foods. In long routes, lunch boxes are available, but the food often gets cold and the dining space is inconvenient. There is only one toilet each carriage, so it may be overloaded or run out of water in the morning.

In other words, train travel may not be the most comfort choice for a long trip, such as those from Hanoi to Ho Chi Minh City and vice versa, but if you are really into an adventure, take your chances!

Tips for a train journey

  • Book the ticket in advance to choose the best seat!
  • Bring along some food for a late night supper if you are afraid of food quality on train. A large towel can be used as the blanket and keep you warm throughout the long trip.
  • If you sleep in hard or soft seat, prepare a neck pillow.
  • Do not bring too much baggage; you cannot have a good sleep while watching over your belongings all the time.
  • Keep some small notes ready to pay for the taxi going to the station or buy junk food.
  • Do some light exercise every couple of hour for blood circulation and getting rid of weariness.
  • Do not buy food and souvenirs at transit stations along the road.
  • If there is problem with your seat or food quality, do not hesitate to ask the coach’s conductor.

Source: Vietnam Online

Follow Vietnam Insider on Facebook, Twitter and LinkedIn. Send your story ideas to editor@vietnaminsider.vn

Many Vietnam’s banks achieved half year’s profit target

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Twelve out of the 25 commercial banks in Vietnam have announced half-year financial reports achieved more than 50 per cent of the annual profit target within the first half of this year.

They are Vietcombank, VIB, TPBank, Sacombank, VietinBank, ACB, SHB, LienVietPostBank, NamABank, SeABank, VietBank, and Saigonbank. VOV reports.

In total, the 25 banks raked in a combined VND53.6 trillion (US$2.30 billion) in pre-tax profits during the six-month period, increasing by 18 per cent on year.

Notably, Vietcombank saw its six-month pre-tax profits jump by 41 per cent to reach VND11.303 trillion (US$486.02 million), while Sacombank earned VND1.461 trillion (US$68.82 million) in pre-tax profits, a sharp rise of 47 per cent.

According to VOV, eighteen banks enjoyed positive profits during the reviewed period. Of which, Maritime Bank (MSB) beat the highest profit growth with a staggering 192 per cent.

SeABank enjoyed VND439 billion (US$18.87 million) in profits, an annual rise of 69 per cent, while both VIB and TPBank recorded the profit growth of 58 per cent to reach VND1.82 trillion (US$78.26 million) and VND1.62 trillion (US$69.66 million), respectively.

MBBank, Kienlongbank, and Techcombank reached nearly half of their annual profit target.

Despite this, experts have put high hopes that these banks could still obtain and even exceed their full-year profit target.

More trains will be put into service on upcoming Vietnam National Day

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More trains to run on National Day holiday to meet public demand on the North-South railway route later this month (September 2).

The Railway Company of Hanoi will add 18 trains from the capital city to northern mountainous areas and the central region. VNS reports.

There will be four more trains connecting the capital city of Hanoi and Danang City, an additional six Hanoi- Dong Hoi city in Quang Binh Province trains, six more trains from Hanoi to Vinh City, Nghe An Province and two more from Hanoi to Lao Cai.

In the north, ten trains will run per day on each route: Hà Nội-Lào Cai, Hà Nội-Hải Phòng, Hà Nội-Đồng Đăng, Hà Nội-Quán Triều, Yên Viên-Hạ Long.

More carriages will also be added to cope with extra passengers.

The company will reduce train tickets for those who are beneficiaries of social policies, students, members of trade unions and groups consisting of 20 or more passengers.

According to VNS, in the southern regions, the Saigon Railway Company will add 35 trains departing from HCM City to Phan Thiet, Nha Trang, Quy Nhon, Quang Ngai, Danang and vice versa.

They will run between August 29 and September 2 with total seat number of 17,000.

This year’s National Day holiday lasts three days from Saturday, August 31 until Monday, September 2.

Travelling by train in Vietnam is truly an unforgettable local experience. The biggest advantage of this means of transportation is the reasonable price and safety. The fare is half of airplane’s and only slightly more expensive than bus. Rustic as it is, the slow train goes along or even through mountains, forests, valleys and even ocean, which helps everyone enjoy Vietnam’s authentic natural vista. Moreover, spending a few hours on train is an interesting way to make friends with local and have a closer view about their daily life. Your travelling fellows come from every part of the society: students, workers, small business owners, and of course, tourists and you will have more chances to talk to them than when you travel on air.

Featured photo: Vietnam's Train by Marcus Lacey

Vietnam Airlines to launch in-flight wifi service

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Vietnam Airlines to offer in-flight wifi service on four aircraft this year, Duong Tri Thanh, the CEO of National flag carrier said on the sidelines of the Vietnam ICT Summit 2019 in Hanoi on Thursday.

He said Vietnam Airlines will choose the national holiday on September 2 or the capital city’s liberation day on October 10 as the start date for its in-flight wifi.

Vietnam Airlines is making steady progress in its digital transformation and its push to become a five-star international airline in the future, giving passengers a more convenient and safe flight experience. Vietnam News Agency reports.

Thanh said the wifi system on Vietnam Airlines Airbus A350 and Boeing 787 aircraft has been licensed by the Ministry of Public Security and Civil Aviation Authority of Vietnam.

“Vietnam Airlines will procure In-Flight Connectivity service packages for 10 Airbus A350 aircraft between 2020 and 2024”.

“The carrier has invited its partners and suppliers to offer the service prices before August 25,” he added.

Regarding Skywise project, an open data technology platform in the aviation sector, Thanh said FPT Group has set up an office working with Airbus in Toulouse, France. The two sides have co-operated to develop the first phase covering full data base and initial analysis.

In the second phase, Airbus will sell artificial intelligence programs to reduce the costs of maintenance and redundancy issues.

— VNA/VNS

Ten Ren Franchise Abandons Competitive Vietnam

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Bubble tea, also known as milk tea, is wildly popular in Vietnam with 100 competing brands and more than 700 independents and small chain outlets earning more than $300 million in 2018.

The Vietnamese franchise owners of Ten Ren, one of the most accomplished of the international tea chains, are nonetheless pulling the plug on operations Aug. 15. The franchise operated 23 outlets at the time of the announcement with ambitions to establish 40 by the end of 2018 and 400 by 2022.

Spokesman for Vietnam Coffee Trading Service, the Ten Ren franchise owner, said that after two years seeking a foothold in the milk tea segment, the company will instead concentrate its resources on fast-growing The Coffee House chain. Ten Ren’s local CEO was replaced and its locations (many adjacent to The Coffee House), were sold to Toocha, a rival milk tea brand.

Seedcom, owners of The Coffee House, told Inside Retail Asia Ten Ren’s current business model does not conform to the needs of the customer.

Retail consultant Dr. Dao Duy Khuong, explained to Vietnam Moi, that milk tea is focused too much on young people in urban areas. “Buying behavior of this group of customers often follows the trend, so milk tea brands are always faced with constant pressure to match promotions from competitors.” While the best shops generated VND700-800 million ($35,000) per month Ten Ren regularly discounted tea 40% on sales by app.

He said chains that pair tea orders with food such as Met Fresh, outsell stand-alone drink shops.

In 2018 Nielsen Vietnam found that 81% of those aged 14-23 (Z generation) and 85% of their immediate elders (24-39 years of age) named milk tea shops as their favorite gathering place.

Growth has since slowed from 20% per year in 2017 to 5.7%, according to Ms. Pham Quynh Trang – Insight Director at market research firm Worldpanel, Kantar Vietnam,

She said the milk tea market still has opportunities to develop since milk tea remains the most popular drink after coffee. On average, 1 in 5 Vietnamese people visit a milk tea store every 2 weeks.

(Photo credit: TenRen.com)

Ten Ren, founded in 1953 by Tiān Rén Cháyè (Ray Ho Lee), has broadened its offerings to include a greater selection of black tea blends and western-inspired iced teas. Packaged and prepared teas are available for delivery. The company operates globally with 2,000 shops including locations in the U.S. and Canada. There are 20 stores in North America, including six Ten Ren outlets in New York and several wholly-owned Cha for Tea outlets in Southern California. It is the largest tea chain in the Far East with shops in Australia, Malaysia, Japan, and Singapore.

The decision will not dampen Vietnam’s enthusiasm for milk tea, but it clearly suggests “peak” saturation in the market. The Ten Ren shops were rebranded within the past week as rival Toocha liquidated the Ten Ren inventory at discount. The buy makes Toocha the largest milk tea chain in Ho Chi Minh City. Operated by Janus Holdings, Toocha calls itself “the father of the milk tea industry.”

The top remaining Vietnamese milk tea chains include:  Gong Cha (50% share), KOI Thé, Toocha, Royal Tea, Phuc Long, TocoToco and Bobapop. Most are locally based.

Source: Inside Retail Asia, Worldpanel, Kantar Vietnam, Vietnam Moi

Vietnam’s HCMC will launch 5G network next month

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The Vietnam Posts and Telecommunications Group (VNPT)’s office in Ho Chi Minh City has proposed to pilot the fifth generation (5G) technology from September 2019 to May 2020.

In a document sent to the municipal People’s Committee, the Department of Information and Communications said the VNPT HCM City will complete the installation of equipment in August. Vietnam News Agency (VNA) reported.

After the Ministry of Information and Communications allowed the VNPT to test 5G in Hanoi and Ho Chi Minh City, the VNPT HCM City proposed to test the technology in three locations in District 1.

Earlier, the municipal committee issued a plan to survey and choose locations for 5G technology piloting. Accordingly, Viettel Military Industry and Telecoms Group (Viettel) will carry out the technology in District 10 while the areas for MobiFone Telecommunications Corporation are in District 1 and District 7.

The network providers should complete infrastructure before August 31.

According to VNA, the pilot program aims to evaluate 5G coverage, network capacity, frequency, band width, and quality like uploading and downloading speeds, data transmission latency, and standards on service establishment and maintenance. The measurement will last from September-October 2019.

The municipal department asked competent corporations who pilot the 5G technology to have rational measures to ensure safety of both humans and equipment.

- VNA

Smart Card technology launched by VIB for the first time in Vietnam

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Smart Card is a combination of three new technologies – Virtual Card, Contactless payment, and Green PIN. These technologies interface with the mobile banking app MyVIB and apply to all new and existing VIB credit cards.

Vietnam International Bank (VIB) just introduced to the Vietnamese market the technology Smart Card, among the most modern in the market right now, with the goal of minimizing the waiting period for customers, satisfying demand for immediate card use, strengthening data security, and contributing to environmental protection.

Speaking about the launch event for Smart Card, Ms Tran Thu Huong, Head of Retail Banking at VIB said, “In order to achieve our vision of leading the trend in credit cards in Vietnam and to contribute to the Government’s goal of developing a cashless society, we never stop diversifying our products, diversifying functions, and developing the most modern technologies. That we have become the first bank in Vietnam to introduce these three card technologies once again affirms our position as pioneers and our commitment to bringing exceptional benefits to cardholders in Vietnam.”

Ms Tran Thu Huong, Head of Retail Banking at VIB introducing three new technologies – Virtual Card, Contactless payment, and Green PIN

With Virtual Card, VIB cardholders receive their card information through Internet Banking and MyVIB as soon as their application is approved and can start making online transactions without waiting for a physical card to be issued. This technology has dramatically shortened the waiting period for customers, allowing them to enjoy the benefits of their cards immediately without waiting the usual 3-7 working days. Contactless payment allows customers to complete their transactions with one touch on the payment device, adding to the speed and security of the process. Finally, Green PIN bypasses the usual method of postal delivery and sends the PIN code straight to the app MyVIB, where cardholders can also change the code if desire. Green PIN simultaneously eliminates the PIN code waiting period and reduces printing, thereby helping to protect the environment.

VIB has previously introduced these technologies in a trial period in the second quarter of 2019. With outstanding benefits in security, speed, convenience, and frictionless transaction, these technologies were very well-received by VIB cardholders. Hundreds of thousands of Virtual Card transactions, Contactless payments and online PIN changes have been logged.

Besides these three technologies, VIB also applies the modern security technology 3D-secure and functions to allow cardholders to manage their cards anywhere, at any time through MyVIB. Cardholders can lock their cards immediately in the event of an emergency, activate their cards, lock or permit online transactions, reset their passwords, sign up for installments, and exchange reward points quickly and efficiently in less than 30 seconds, without having to contact a teller or visit a VIB branch.

Speaking at the launch event, Ms Winnie Wong, Mastercard Country Manager in Vietnam, said, “Vietnamese consumers are very receptive to cashless payment, due to its speed and convenience. We are very pleased by VIB’s launching of the Smart Card technology today. This is a significant step for the credit card market and an upgrade for customer experience in Vietnam. VIB’s effort reflects its strategy of becoming the leading bank in credit cards in Vietnam. We believe VIB will continue to see amazing results in card issuance and card transaction, and we especially look forward to their future innovations in the credit card market.”

Winnie Wong, Mastercard Country Manager in Vietnam

VIB cardholders enjoy numerous benefits, including a 30% discount at Hoang Yen Group restaurants, The Pizza Company, San Fu Lou, Dì Mai, Sorae Sushi every Wednesday, Thursday, and Friday, and 15% off every Wednesday and 7% off the remaining days of the week at Agoda. Sendo offers VND 500,000 off for the first 100 VIB cardholders to sign up for installments from VND 6 million with 0% interest in August 2019.

Also in August, VIB offers double rewards for all weekend card transactions, and the cardholder with the highest number of weekend transactions will receive two tickets for a 5-star trip to Singapore. Cardholders with the highest spending every month, quarter, and year will receive 9999 gold, an Accor Plus membership card, or a Prudential insurance package worth up to VND 100 million.

Customers with an income of at least VND 7 million a month can open a credit card at VIB by applying at http://www.vib.com.vn and https://www.facebook.com/VIB.NHQT/, call 18008192, or visit a VIB branch.

Customers who open a credit card between now and August 15, 2019 have a chance to win two tickets to a luxury cruise trip around Asia and participate in a lucky draw for a 100% chance of winning a cash back reward of up to VND 1 million. Three new cardholders with the largest accumulated spending will each receive two tickets to the cruise.

- VIB
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