Ba Ria-Vung Tau Province has culled 10,500 chicken infected with the H5N6 virus to try and prevent further outbreaks.
Nguyen Luong Trai, head of the southern province’s Animal Health Department, said Tuesday that infected chicken were incinerated and buried.
Veterinary staff have also sprayed disinfectant and lime powder on affected livestock farms to contain the spread of the deadly virus strain, he said.
The H5N6 strain, which has been spreading in neighboring China, was detected at a farm owned by Dao Thi Khanh in Xuyen Moc District last week after a flock of 9,000 chicken raised for around four months died suddenly. Later, around 1,500 other chicken in a poultry farm in the same locality tested positive for the H5N6 virus.
It could be that the infected birds had not been fully vaccinated, the official said.
Before the outbreak was detected, Khanh’s family had sold a few thousand chicken for meat; however, there have been no human infections reported in epidemic areas so far, Trai said.
Veterinary staff have prepared more than 230,000 doses of vaccines for poultry farmd in neighboring localities and tighten the purchase and sale, transport of poultry in epidemic areas.
Local health authorities have been asked to closely monitor human influenza and prevent the H5N6 virus from spreading to people.
Currently, poultry population in the province, which borders Ho Chi Minh City, is about 5 million.
This year, bird flu outbreaks have occurred in the central province of Quang Nam and in the northern provinces of Lang Son and Thai Binh. In March, more than 7,000 chicken and and ducklings were killed in Quang Nam.
The northern mountainous region is most vulnerable, given its cool climate and proximity to China, officials said.
China confirmed in June an outbreak of highly pathogenic H5N6 bird flu in Horgos in the far western Xinjiang region. About 1,015 out of 2,545 fowl raised by farmers in Horgos had to be killed, Reuters reported.
According to the World Health Organization, the H5N6 bird flu virus has killed people in China, but there is no evidence thus far that it can be transmitted from person to person.
Bird flu has killed at least 65 people in Vietnam since it first occurred in 2003, then one of the highest fatality rates in the world. No human deaths have been reported in the last two years, but occasional outbreaks have lead to thousands of birds being culled.
Health officials have urged the public to avoid consuming poultry of unknown origin and immediately seek help if they find sick or dead birds.
Quang Binh Discovery Marathon is scheduled to take place early next year, expected to attract around 1,000-2,000 runners.
The event to be held at Phong Nha-Ke Bang National Park in March, the UNESCO World Heritage Site, is aimed to promote the nature and people of Quang Binh and as well as contribute to raising the site’s value.
According to Tran Cong Thuat, chairman of Quang Binh People’s Committee, the organising board needs to ensure the safety for the site.
The marathon will run through many famous sites in Quang Binh such as Tra Ang Bridge, Tam Co Cave and Moc Stream.
Quang Binh Provinces plans to organise the competition annually.
Quang Binh is also holding Cave Festival 2019 which started on July 20 and will end on August 20.
The province has set a goal to attract 4.3 million tourists this year, including 250,000-300,000 foreigners, bringing revenue of VND4.95 trillion.
Vietnam International Bank (VIB) recently introduced two packages, Sapphire and Gold, with unparalleled benefits: no transaction fee, withdrawal fee, transaction account management fee, and International Debit Card (IDC) maintenance fee. Sapphire and Gold users will be waived all of these fees and also receive unlimited cash back of up to 2% for all IDC transactions.
Furthermore, VIB’s customers have the chance to win 1 gold reward for every VND 5 million in transaction account balance or in IDC transaction every month. There are 1,000 gold rewards available. These are the terms of the promotion program “Go with VIB” in effect between now and December 31, 2019.
Discussing the promotion and the two packages, Ms Tran Thu Huong, Head of Retail Banking at VIB, said, “To anticipate demand and pioneer cashless trends in Vietnam, VIB continues to develop and perfect means of cashless transaction such as transaction accounts, e-banking, and cards, in order to ensure unparalleled value in ease, convenience, speed, and security in every transaction. At the same time, we waive all transaction fees and withdrawal fees to assist customers with all of their transaction needs.”
The fee waiver for transaction fee, withdrawal fee, transaction account management fee, and IDC maintenance fee will apply automatically for the first 3 months since the customer is recognized as using the Sapphire package, defined as using all three services: a transaction account, e-banking, and IDC (*) within the duration of the promotion. The Gold package, defined as either a transaction account and e-banking, or a transaction account and IDC, customers are waived online transaction fee, account management fee and IDC maintenance fee for the first 3 months. After this period, these fees are waived for life if the customer satisfies a few requirements regarding account balance and IDC transaction.
At the same time, both Sapphire and Gold customers have the chance to enter a monthly lucky draw for 166 gold rewards, for a total of 1,000 gold rewards over the duration of the program. With every VND 5 million in account balance or in IDC transaction every month, customers will receive 01 draw. There are no limits to the number of draws permitted per person. Customers can enter themselves in the draw through an online portal at www.vib.com.vn within a month starting from the 5th of every month.
Besides the fee waiver and lucky draw, customers can receive unlimited cash back of up to 2% for all IDC transactions. This is the most attractive cashback rate on the market right now.
VIB’s Sapphire and Gold users will be waived all of these fees and also receive unlimited cash back of up to 2% for all IDC transactions
“This promotion is only one in a series of programs VIB initiated all over the country, with an aim to create more auspicious benefits and experience for customers and make VIB the best retail banking service for the millions of existing customers and new customers of VIB,” Ms Tran Thu Huong said of VIB’s long-term goal.
With the goal of becoming a modern back, VIB also provides customers with an easy and safe solution for financial management with Internet banking and the mobile app MyVIB. Customers with a transaction account can easily transfer money, even between banks, free within one minute, manage their accounts, open a savings account online, or pay electrical, water, phone, and insurance bills at any time and any place. The mobile app MyVIB helped VIB become the only bank in Vietnam to win the awards “Digital bank of the year” and “Best digital retail banking experience” from The Assets Triple A for three years in a row – 2016, 2017, and 2018.
Customers can visit www.vib.com.vn, call 18008180, visit VIB’s facebook page at www.facebook.com/VIB.NHQT/ or visit the nearest VIB branch to learn more about the terms of this promotion.
According to ‘Doing Business Report 2019’ article of the World Bank, the time-period for starting a business in Vietnam is getting better.
Therefore, Vietnam is considered as an attractive investment destination and it is favored by investors for its transparency and continuous improvements.
As a foreign investor in Vietnam, after being approved to establish a wholly foreign owned company, the competent authorities will issue 2 certificates for the investor, namely Investment registration certificate and Enterprise registration certificate.
Investment registration certificate (IRC)
IRC means a paper or an electronic document acknowledging information on an investment project registered by an investor.
Investment projects of foreign investor, foreign owned capital company that foreign investors hold 51% or more of charter capital are cases for which investment registration certificates are required.
Procedures for grant of investment registration certificates
For investment projects subject to investment policy decision, investment registration agencies shall grant investment registration certificates to investors within 5 working days after receiving investment policy decisions.
For investment projects not subject to investment policy decision, the investors shall submit application file for investment registration certificates to the investment registration agency; Within 15 days after receiving a complete application file, the investment registration agency shall grant an investment registration certificate. In case of refusal, it shall issue a written reply clearly stating the reason to the investor.
Enterprise registration certificate (ERC)
ERC is a hard-copy or soft-copy document containing enterprise registration information granted by a business registration agency to an enterprise.
An enterprise shall be granted an enterprise registration certificate when fully meeting the following conditions:
Its business line to be registered is not banned;
Its name complies with the laws;
It has a valid enterprise registration dossier;
It has paid in full the enterprise registration fee in accordance with the law on charges and fees.
Order and procedures for enterprise registration
The enterprise founder or authorized person shall submit an enterprise registration dossier as prescribed by the laws to the business registration agency.
The business registration agency shall examine the validity of the enterprise registration dossier and grant an enterprise registration certificate within 3 working days after receiving such dossier. If refusing to grant the enterprise registration certificate, it shall notify in writing such to the enterprise founder, clearly stating the reason and requirements for dossier modification and supplementation.
Every organization and individual wishing to set up a foreign owned company in Vietnam shall need to meet some specifics conditions as promulgated under the Law on Investment and Law on Enterprise.
To be advised about company incorporation process in Vietnam for foreign investors, you should contact professional Incorporation Services & Company Registrations services provider in Vietnam and Global Business Services (GBS) Company can be a good choice.
Samples of ERC (left) and IRC (right)
“The total time to register a company is now counted by hour, whereas the requirements are: providing required information such as: company name, registered address, registered capital…and legal documents from investor. GBS will be on behalf of investors to submit valid dossiers to get all licenses”. Ms. Sophie Dao, GBS’ partner said.
Annually, hundreds of companies, individual investors all over the world have trusted GBS to register their company in Vietnam as it helps them to optimize time and cost. GBS also offers advice not only on the company registration services, but also on corporate services, tax and associated regulatory work to foreign invested companies in Vietnam.
Contact
Sophie Dao
Email: info@gbs.com.vn
Call, iMessage, Viber, WhatsApp: +84903189033
More information can be found on the website: https://gbs.com.vn
In addition to fluctuating business performance, 2019’s first half also saw staff fleeing banks by the thousands.
In the first half, six out of 20 banks reported pre-tax profit falling on-year. The banks include Eximbank, SCB, VietABank, VietcapitalBank, OCB, and VPBank. Van Anh reports on VIR.
Specifically, VPBank saw the biggest drop in pre-tax profit with more than VND2 trillion ($87 million), down 36 per cent on-year. Moreover, as of the end of June, the bank also made 1,986 employees redundant, a record number in the banking sector. This is completely contrary to its previous efforts to recruit a large number of employees every quarter.
In the second quarter alone, along with a fall in pre-tax profit, about 1,466 employees left their jobs at VPBank.
Meanwhile, Vietinbank’s total assets grew by 1.6 per cent to nearly VND18 trillion ($782.6 million), but its personnel reduced by 454. OCB also let 294 of its 7,081 staff go in the first half.
Explaining the huge drop in personnel, the banks said that employees commonly tend to leave after getting the year’s bonus payment, which makes the second quarter leaving season.
Different from VPBank, Vietinbank, and OCB, other banks like Vietcombank and VIB have kept recruiting personnel during the period.
According to VIR, Vietcombank currently has 17,848 employees, up 1,136 people on-year. The number of VIB’s employees as of the end of June was 6,208, up about 1,010 people.
In addition, MBBank also increased staff count by 739 while TPBank raised its number of staff to 523, Techcombank took on 529 employees, and Sacombank recruited 211 more.
By Van Anh, this article was first posted on Vietnam Investment Review (VIR)
U18 Vietnam are ready to face defending champions Malaysia in its first match of the ASEAN Football Federation (AFF) U18 Championship at Thong Nhat Stadium in Ho Chi Minh City on August 7.
“Vietnam won’t take it easy on our hometurf. We will try our best to enter the final,” said coach Hoang Anh Tuan at a press conference in HCM City on August 5.
Vietnam are in Group B which is considered the “group of death”, including Australia and Thailand – two of the strongest sides in the tournament – as well as Cambodia, Singapore and Malaysia.
“Vietnam have had more than one month to prepare for the event,” said Tuan. “We met difficulties as my players were busy in the National Second Division Tournament and busy graduating from high school. However, now I am satisfied with how my team is prepared.”
“For Vietnam, the result with Malaysia is not very important,” he added. “We will focus on developing young players. But we will make every effort to have the best achievement.”
“We will play the first match with the hosts so we will play with all our hearts,” said coach Sentikhuma of Malaysia.
Afterwards, Vietnam will play Australia on August 9, Thailand on August 13 and Cambodia two days later. All the matches will be held at Thong Nhat Stadium in HCM City except for the match between Vietnam and Singapore, which will be played at Go Dau Stadium in neighbouring Binh Duong province.
Meanwhile, Group A matches will begin on August 6 with Indonesia taking on the Philippines; Laos playing Myanmar and Timor Leste meeting Brunei.
All the three matches of Group A will be held at the Go Dau Stadium in Binh Duong province.
Expats are people living outside of their native country. The reasons they’re doing so include jobs and career, lifestyle choices, education and for love and family. But what countries are the most welcoming to expats?
We compiled a list based on data from the InterNations’ fifth annual survey as below
Vietnam still an attractive market, with more FDI expected: GBS
Ease of settling in: 31st out of 68 • Working abroad: 7th out of 68 • Vietnam got a thumbs up for cost of living from 91% of expats. They think their household income is more than enough to cover their expenses in the Southeastern Asian nation. Vietnam ranked third in the cost-of-living index. It ranked second in the career prospects and satisfaction part of the working abroad index, and first in where it’s easy to apply for a job. Also in the ease-of-settling-in index, Vietnam ranked highly in friendliness (sixth) and finding friends (12th).
Luxembourg
Ease of settling in: 40th out of 68 • Working abroad: 9th out of 68 • The tiny Western European nation ranked first in the safety and security section of the quality-of-life index for expats as well as first for economy and job security under the working abroad part of the index. Luxembourg also was in the top three countries for expats in the ease of going through the registration process and opening a bank account, categories under the ease of settling in index.
Panama
Ease of settling in: 27th out of 68 • Working abroad: 16th out of 68 • Panama has shown dramatic improvement on the list, moving up 23 places to 13th in 2018 from 36th the previous year, the biggest gain of any country. Respondents were satisfied with their life abroad and nearly four out of five were satisfied with their financial situation. The survey showed expats in Panama were more encouraged by their career prospects. The Central American nation was boosted by the expansion of the Panama Canal, which improved business outlook.
New Zealand
Ease of settling in: 22nd out of 68 • Working abroad: 10th out of 68 • New Zealand is considered to be one of the world’s digital havens, and 93% of expats were happy with the availability of online services, the third-highest score. It was easy to open a bank account there, boosting New Zealand’s ranking among nations for ease of settling in. New Zealand ranked highly in the working abroad categories for work and leisure (seventh) and economy and job security (14th) and the family life category of availability of childcare and education (third). A high percentage of expats, 31%, inquired about gaining citizenship after moving to New Zealand.
Australia
Ease of settling in: 19th out of 68 • Working abroad: 13th out of 68 • Australia recovered much of the ground it lost in 2017 and is 12th on the current Expat Insider list. Among the areas where Australia improved were personal finance, quality-of-life and ease of settling in. Expats liked the weather down under, which allowed them to explore nature more frequently. As many as 38% of expats in Australia inquired about gaining citizenship after moving there, a high percentage.
Singapore
Ease of settling in: 18th out of 68 • Working abroad: 14th out of 68 • The island city-state south of Malaysia is known for being a well-run, multinational nation and is one of the world’s financial hubs. Singapore ranked fourth out of 68 nations in quality of life and graded well in the other indexes. What hurt Singapore was its cost-of-living score, where it placed 58th out of 68 nations. In terms of working abroad, Singapore scored in the top 10 in the subcategories of economy and job security and career prospects and satisfaction. In Singapore, 31% of expats are managers and 9% are entrepreneurs. Singapore was also 12th on the family life index, ranking second only to Finland in the subcategory of quality of education.
Bahrain
Ease of settling in: 1st out of 68 • Working abroad: 1st out of 68 • Bahrain retains its position as the most desired nation for expats for a second year in a row. The Gulf state scores well in settling in and working abroad. Bahrain’s ratings improved among expat families, and it is the most highly ranked nation among expat women around the world.
More than one in five Japanese and Australians would choose to meet their own citizens over other nationalities while on vacation.
But they are not alone, the Agoda Favorite Nationalities to Encounter survey, reveals that travelers from seven out of the 11 countries surveyed would most like to encounter their own countrymen on holiday.
Top six countries where travelers would prefer to meet their own nationality when traveling – Japan (22%), Australia (21%), Thailand (19%), China (18%), Kingdom of Saudi Arabia (17%), and UK (16%).
Bucking this trend are travelers from Indonesia with only 7% of travelers keen to meet Indonesians when traveling, along with UAE travelers on 10%.
American travelers are the single most popular nationality to meet, with Agoda’s survey revealing Americans ranking in the top three countries for eight out of the 11 surveyed.
This appeal for meeting Americans travelers stretches across the continents, as it is seen on the list for travelers in Australia, China, Indonesia, Japan, Kingdom of Saudi Arabia, USA, UK, and Vietnam.
Despite Brexit, the Brits are the top country to favor meeting European travelers (45%), followed by Chinese, Australian and US travelers.
Asian travelers are more likely to want to meet other Asian travelers on vacation, with five out of the six Asian markets more likely to want to meet Japanese when on holiday.
Survey results also show that K-Culture has a special place in the hearts of travelers from Indonesia and Malaysia — with South Koreans ranking second and third place respectively, in their top three list of nationalities they would most like to come across.
When broken down by region, research findings showed that travelers from the 11 countries overwhelmingly prefer to encounter people from the West while they’re on holiday, with all countries placing Europe within their top three list, and North America being placed in six — USA, UK, Saudi Arabia, Vietnam, Japan and Australia.
Respondents from Asia also have a keen preference to look out for other Asians while abroad, as compared to those from USA, UK, Saudi Arabia and Australia. Meanwhile, those from China, Thailand, Malaysia and Indonesia rank Southeast Asians as third among those they’d like to see while traveling.
iPhone XR and iPhone 8 were the two Apple’s bestsellers in the US in the second quarter. However, they have not caught the attention of Vietnamese iPhone users.
The Consumer Intelligence Research Partners (CIRP) has reported that iPhone XR is the best selling model of Apple in the US market.
iPhone XR, XS and XS Max accounted for 67 percent of number of products sold in Q2 2019. Of these, iPhone XR accounted for 48 percent of devices sold.
iPhone XR is dominating the US market, while 48 percent is the highest rate reached since the day iPhone 6 and 6 Plus hit the market in 2015.
Lowitz of CIRP believes that iPhone XR is favored thanks to the design, colors, large screen and high performance. The selling price also helps the model compete fairly with Android smartphone models.
iPhone 7 and iPhone 8 users can easily update their phones into iPhone XR instead of choosing expensive XS and XS Max.
As the model is not the choice of Vietnamese users, the selling price has been falling. Genuine iPhone XR is priced at VND20 million for 64GB version.
Kantar World Panel also reported that iPhone XR was the best selling smartphone in the US in Q2 with the sales of iPhone XR accounting for 7.8 percent of total sales.
Counterpoint Research last May said iPhone 8 was the second best seller in 2018, just to iPhone X.
However, in Vietnam, the devices cannot attract buyers. Since iPhone XR hit the Vietnamese market, it has had poor sales at private shops.
As the model is not the choice of Vietnamese users, the selling price has been falling. Genuine iPhone XR is priced at VND20 million for 64GB version.
“Having large screen and strong performance, iPhone XR is still considered an abridged version of XS and XS Max. Besides, the model only supports one camera and uses an LCD screen,” said Nguyen Bich Hanh, communication executive of FPT Shop, one of the biggest smartphone retail chains.
Users in Vietnam tend to choose high-end models such as XS Max rather than abridged models such as XR, according to Nguyen Huy Tan from a retail chain.
“The device also has to compete with a lot of other Android devices such as Samsung Galaxy S10+,” Tan said.
The modest sales of iPhone XR have disappointed private shop owners. The 64 GB iPhone XR version is offered at VND13 million.
The price level is still considered high for XR. Most users would rather spend VND1 million more to buy used iPhone X. The device has better appearance, dual camera and OLED screen, according to Hoang Giang, the owner of a shop in Cau Giay district in Hanoi.
Growing bad debts reaching hundreds of millions of US dollars keep pressuring BIDV, Vietcombank, and VietinBank.
As of the end of June, the three banks’ total bad debts reached VND41.265 trillion ($1.79 billion), up 6.5 per cent against early 2019 and 22 per cent on-year. In addition, irrecoverable debts occupied more than half of their bad debts. Van Anh reports on Vietnam Investment Review (VIR)
BIDV ran the highest debt with VND21.121 trillion ($918.3 million), up 12.3 per cent against the beginning of this year. Especially, its irrecoverable debts accounted for 46 per cent of total bad debts, equaling VND10.492 trillion ($456.17 million), substandard loans rose by 12 per cent to VND6.105 trillion ($265.43 million), while doubtful debts fell by 27 per cent to VND4.524 trillion ($196.7 million).
The rapidly expanding irrecoverable debt also raised BIDV’s bad debts to total outstanding loan balance from 1.9 per cent in early 2019 to 1.98 per cent in late June.
Vietcombank’s bad debts also increased to VND7.134 trillion ($310.17 million), up 15 per cent against early 2019. Accordingly, irrecoverable debts currently occupy 67 per cent of the bank’s total bad debts. However, the bank has not been subject to much pressure because it increased its provisioning for bad debts by 80 per cent on-yearand it has managed to clear its debts at Vietnam Asset Management Company (VAMC), while BIDV and VietinBank have trillions of VAMC bonds.
Contrary to Vietcombank and BIDV, VietinBank’s bad debts fell significantly in 2019’s first six months. Accordingly, it holds VND13.010 trillion ($565.65 million) in bad debts, down 5 per cent against the beginning of this year. Its irrecoverable debts fell by 22 per cent to VND7.348 trillion ($319.48 million) but still accounts for 56 per cent of the total bad debts on its internal balance sheet.
In addition, VietinBank and BIDV have yet to announced the value of their outstanding bonds in VAMC. Previously, as of the end of 2018, BIDV and VietinBank’s bad debts at VAMC remained at VND14 trillion ($608.7 million) and VND13 trillion ($565.22 million), respectively. Among them, BIDV and VietinBank set provisions of VND7.6 trillion ($330.43 million) and VND2.23 trillion ($96.96 million), respectively.
According to VIR, 2019’s first six months saw the three banks set aside trillions of VNDs in provisions. VietinBank’s provision costs skyrocketed by 63 per cent to VND4.236 trillion ($184.17 million), eroding 66 per cent of its net profit. Meanwhile, BIDV’s provision cost increased by 6.8 per cent to VND10.71 trillion ($465.65 million), and occupied 69 per cent of the bank’s net profit. Vietcombank’s provisions also slightly rose by 2.5 per cent to VND3.317 trillion ($144.22 million).
By Van Anh, this article was first posted on Vietnam Investment Review (VIR)
The first few minutes of your workday are critical to your productivity for the next eight hours.
If you show up late to the office or get sucked into an overflowing inbox, you could easily get thrown off and have a hard time focusing for the rest of the day.
We did some research and rounded up 12 common traps that can ensnare you within the first 10 minutes of your workday. Read on to find out how to avoid those pitfalls and set yourself up for success.
Yu Han contributed to an earlier version of this story.
You’re showing up late to work.
You could be sabotaging your workday before it even begins.
A study cited by The Huffington Post found that bosses tend to see employees who come in later as less conscientious and give them lower performance ratings – even if those employees leave later, too.
It’s not fair, but it’s the current reality. So try to get to the office as early as possible.
You forget to say hi to your coworkers.
You can set a pleasant tone for yourself and others around you by taking a few minutes to catch up with your colleagues.
If you’re a leader and you don’t say “hi” to your team, your seeming lack of people skills could undercut your technical competence, according to Lynn Taylor, a national workplace expert and the author of “Tame Your Terrible Office Tyrant: How to Manage Childish Boss Behavior and Thrive in Your Job.”
Even if you aren’t a manager, making a silent beeline for your desk could make you appear less approachable to colleagues.
You drink coffee too early in the morning.
If you’re not the kind of person who downs a cup right when you wake up, you probably grab it as soon as you get into the office.
But research suggests that the best time to drink coffee is at 10 am. That’s because the stress hormone cortisol, which regulates energy, generally peaks between 8 and 9 am. When you drink coffee during that time, the body starts producing less cortisol and depends more on caffeine.
Once your cortisol levels start declining after 9:30 am, you might really need that caffeine boost.
You start your day answering every single email.
Once you settle into your chair, it’s tempting to dive directly into the slew of messages that arrived overnight.
But according to Michael Kerr, an international business speaker and author of “You Can’t Be Serious! Putting Humor to Work,” the first 10 minutes of the workday should be spent quickly scanning and prioritizing emails. That way you can see if there’s anything urgent and create a plan for answering the rest later.
“Checking email can become one of those tasks that make it feel like you are accomplishing things, wherein the danger is you are not attending to priority-action items, and you’re letting others set your agenda,” Kerr told Business Insider.
You forget to make a tentative schedule before launching into your work.
Before you buckle down, Taylor suggests making sure you have an idea of where the day is headed – that includes writing down your top priorities and must-dos for the day and reviewing your calendar.
Check to see what events you may have planned and whether you need to prepare for any calls or conferences. Otherwise, you could be caught off guard when you get a 10-minute reminder for a team meeting and you’re smack in the middle of writing a project proposal.
You dive into your easiest tasks first.
Research suggests that your energy and willpower tend to flag as the day goes on. That’s why it’s crucial to get the important stuff out of the way as soon as possible.
Some people call this strategy “eating the frog,” based on a quote from Mark Twain: “Eat a live frog first thing in the morning and nothing worse will happen to you the rest of the day.”
You multitask.
Because you have so much energy in the morning, you might feel as though you can do a million different things at once.
But research suggests that multitasking can hurt your performance on the primary task, and that it’s better to do one thing at a time. If you start your workday by juggling multiple priorities, you could set yourself back for the rest of the day.
Instead, set a positive tone by focusing on a single task for the first 10 minutes.
You dwell on negative thoughts.
Maybe you nearly got knocked over by a pushy passenger on your commute. Or perhaps you had a fight with your partner the night before.
Don’t let those experiences distract you from the tasks that need to get done today.
Taylor suggests you compartmentalize by putting those negative thoughts “in a separate ‘box’ as you start your week.” If necessary, you can revisit them later.
You’re scheduling early morning meetings.
Morning meetings could be a waste of your cognitive resources.
According to Laura Vanderkam, author of “What the Most Successful People Do Before Breakfast,” early mornings should be reserved for tasks that require considerable focus and concentration, like writing.
If you have any say in when you have meetings with your boss and coworkers, make sure they’re scheduled for low-energy times like mid-afternoon – unless you know they require a ton of mental energy.
You have ambitious plans for what you want to get done.
You may think starting your day wanting to accomplish big goals would motivate you, but science says you’re more likely to procrastinate.
The root cause of procrastination is fear, according to cognitive neuroscientist Sahar Yousef. When you have a huge task ahead of you, you get scared and start doubting your ability to complete the work.
To prevent procrastination, break up your tasks and focus on what you know you can accomplish within an allotted timeframe.
You don’t take time to reflect.
The best way to avoid burnout, better your mental health, boost creativity, and get more sleep is to meditate, neurosurgeon Mark McLaughlin wrote to Business Insider. That’s why McLaughlin incorporates mindful meditations to his morning routine, which he says is the secret to his success.
“Try at least 10 minutes of meditation to start your day and discover what it enhances in your life,” McLaughlin wrote.
You’re not sitting next to a window.
Getting natural sunlight early in the day can boost office workers’ health and mood, according to a 2014 study in the Journal of Clinical Sleep Medicine. Exposure to natural and artificial bright light in the morning improves depression, agitation, and sleep.
Opening your blinds in the morning can help you get energized for the rest of the day. If you don’t sit next to a window, consider investing in an SAD lamp.
Can the industry build on its recent successes in one of Asia’s most promising markets? And can it do so without compromising returns?
According to a report on Finance Asia, over the past few years, Vietnam has started to come into its own as one of Asia’s most dynamic private equity PE markets thanks to its companies’ willingness to embrace partnerships and desire for capital to keep pace with GDP growth and drive intra-sector consolidation.
Last year, deal volumes tripled to $3.1 billion according to the EY rankings. That put Vietnam in third place behind Singapore and Indonesia in Southeast Asia.
The key question, however, is whether this was a one-off, or the sign of a sustainable uptick in deal flows.
Galaxy M30 launches in Vietnam, sales begin on August 13. The smartphone will be sold exclusively through Lazada e-shop starting August 13.
The Galaxy M30 was launched in India back in February as the third member of Samsung’s new Galaxy M budget lineup. The Galaxy M10, M20, and M30 were joined by the Galaxy M40 in June.
Galaxy M30 specifications
Samsung launched the Galaxy M10 and the Galaxy M20 targeting the huge online market in India. The devices became an instant hit and the company soon expanded the portfolio by launching the Galaxy M30. As we concluded in our review, the M30 is an M20 ‘Plus’ with meaningful additions. It features a 6.4-inch FHD+ Super AMOLED Infinity-U display. Under the hood is an Exynos 7904 processor with 4GB of RAM and 64GB of storage.
On the back, the M30 sports a triple-camera setup which includes a 13MP primary camera, 5MP depth sensor, and a 5MP ultra-wide lens. The front-facing camera is a 16MP sensor. There’s also a fingerprint sensor beside the rear camera setup. The smartphone packs a 5,000mAh battery with support for 15W fast charging.
The Galaxy M30 will be available in Vietnam starting August 13. The handset comes in Gradation Black and Gradation Blue color options with a price tag of VND 5,590,000 (~$242). However, on the opening day of sale, that is on August 13, it will be available at a special price of VND 4,990,000 (~$216).
Galaxy M30
Model: SM-M305F
Dimensions: 159 x 75.1 x 8.4mm
Display: 6.38″(162mm) LCD
CPU: Exynos 7904
Camera: 13 MP, CMOS
Though many banks have posted positive profits in the first half of 2019, their bad debts have continually increased in the wake of high credit growth in risky business segments.
Latest financial statements of 21 banks showed their total non-performing loans (NPLs) rose by nearly VNĐ7 trillion (US$300.4 million) against the beginning of this year to nearly VNĐ85.75 trillion by the end of June.
Of the total NPLs, subprime debts had the highest growth of 22 per cent while potentially irrecoverable debts increased by 5.2 per cent, data on vneconomy.vn showed.
In Việt Nam, debts are classified into five groups based on their risk status: Standard Debt, Debt Needing Special Attention, Subprime Debt, Doubtful Debt, and Potentially Irrecoverable Debt.
Regarding the bad debt value, the Bank for Investment and Development of Vietnam (BIDV) had the highest rise in the period with a more than VNĐ2.3 trillion increase against the beginning of last year.
However, regarding the ratio of NPLs of total outstanding loans, the National Citizen Bank (NCB) topped the list with the ratio up from 1.67 at the beginning of the year to 2.75 per cent by the end of June, of which the rise was mainly seen in doubtful debt from VNĐ168 billion to VNĐ443 billion.
Experts attributed the rise of bad debts to the high credit growth of the banks in the first half of the year, especially to retail segments such as consumer and home loans that have high net interest margin (NIM) but also high risks.
It was reported that many banks have used up or almost used up their assigned credit growth limit set by the central bank for the whole year. According to banks’ financial statements, nine banks posted a credit growth of more than 10 per cent in the period though the central bank set a 14 per cent credit growth target for the entire banking system in 2019.
Banking and finance expert Nguyễn Trí Hiếu said that the main reason for banks’ bad debt increase is that banks’ recovery of bad debts accumulated in the previous years has remained limited while in H1 they continually boosted lending.
According to Hiếu, the profit increase of Vietnamese banks heavily depends on credit growth. The risks will be greater for loans with higher profits. These two factors always go hand in hand.
Sharing the same view, Trần Hải Yến from the Bảo Việt Securities Company’s Macroeconomic Research Division said that banks now tend to focus on retail activities through the acceleration of consumer loans. This is a potential field that brings high profits because consumer loans are often unsecured with high interest rates, but the possibility to become irrecoverable debts is also high.
Industry insiders said the rise of NPLs in H1 was also partly due to a return of NPLS to banks after five years kept at the Việt Nam Asset Management Company (VAMC) but haven’t yet been settled.
According to the central bank’s policy on purchasing bad debts of banks, the VAMC has issued special bonds to debt-selling banks with a term of five years since 2015. If the bond matures but bad debt is not dealt with, it returns to the banks in 2019.
By the end of 2018, an estimated VNĐ340 trillion of NPLs was bought back by the VAMC with special bonds. However, by the beginning of April 2019, the VAMC only handled VNĐ190 trillion, accounting for more than 56 per cent of the total bad debts bought by this organisation.
Many Vietnamese pay a fee to have their Facebook accounts protected, but experts have recommended against it.
Vu Le Hang, an online cosmetics retailer in Hanoi, spent VND2 million to protect her account.
“Selling goods online is my bread earner. I would rather spend several million dong more than lose my account,” she explained.
Hang said the service provider is a ‘well known expert on Facebook’ and VND2 million is a ‘reasonable fee’.
The service fee ranges from several hundred thousand dong to several million dong. In some cases, the fee could be even higher. Those who have high numbers of followers, or famous businesspeople and celebrities, have to pay higher fees than other users.
Dinh Anh, the owner of a Facebook account with 20,000 followers, said he is seeking an anti-hacking service provider.
“A lot of my friends complain they have lost Facebook accounts. I am afraid I will also lose my account one day,” Anh said, adding that Facebook is his ‘workplace’, therefore, he has to protect it at any cost.
Anh is considering signing a contract on anti-hacking service with a company which commits to protect his accounts 24 hours a day and 7 days a week.
The initial fee is VND5 million. The service provider will review nicks, check potential risks and filter the list of friends. From the next month, Anh will have to pay VND1 million a month to keep protecting his account.
Pham Thanh Doan, a senior expert in cyber security, said there are many anti-hacking service providers because the demand is high.
The service fee ranges from several hundred thousand dong to several million dong. In some cases, the fee could be even higher. Those who have high numbers of followers, or famous businesspeople and celebrities, have to pay higher fees than other users.
According to Doan, there are two reasons why people cannot log into their Facebook accounts.
First, the accounts may be stolen because of password and personal information disclosure. In this case, service providers check problems, and enable two-layer authentication to increase security level.
In fact, skillful internet users can do these works themselves.
Second, users’ accounts are locked because of violations of Facebook’s policies. This case is called ‘rip nick’.
Facebook runs with rules and those who don’t follow the rules will see their accounts locked. Besides, users could be the victims of nasty trick played by someone who exploits Facebook’s policies.
In this case, service providers will contact Facebook and follow steps to take back accounts. The steps can be undertaken by users. However, many people do not know this and service providers have opportunities to make money.
Doan believes that users can protect their accounts by not revealing personal information, and not accessing websites with unclear origin or accounts with public devices to avoid the risk of password disclosure.
