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Landmark 81- a super-tall skyscraper in Ho Chi Minh City-provides visitors with majestic views of the city.
According to a report on VNE
Panoramic views of HCM City from Landmark 81
Bia Saigon to appear on Leicester City’s shirt sleeve in multi-year deal
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Thai’s leading drinks company ThaiBev has secured the sleeve sponsorship of Premier League Leicester City for its recently acquired Vietnamese beer brand Bai Saigon.
No figure was announced for the multi-year deal but it is likely to be in the region of £500,000 a year.
As part of the ThaiBev deal it premium brand Chang, will be the Stadium Beer Partner at Leicester’s King Power Stadium and will be sold in-stadia via refurbished branded kiosks this season.
Leicester City, owned by the Srivaddhanaprabha family from Thailand via their King Power business, has been building commercial relationships on its Thai links in Asia. ThaiBev has already built a regional presence in football as a 10-year sponsor of the Thailand national team, sponsorship of a number of clubs in the Thai Premier League, and its own own ThaiBev Football Academy.
The relationship will see the club capitalise on growing fan loyalty in the region while widening the both beer brands’ recognition beyond their Asian base.
Leicester City Vice Chairman Aiyawatt Srivaddhanaprabha said: “Over the last eight years, we have built a series of important relationships in East Asia and this latest partnership only strengthens Leicester City’s already significant connection with the region.”
Bia Saigon is the Vietnam’s leading beer brand. As well as on the club’s short sleeve, the export beer’s branding will appear throughout King Power Stadium, across interview backdrops and digital advertising boards. Bai Saigon will also seek to engage with the Club’s fan base through matchday activations.
ThaiBev has 131 subsidiaries, including 18 distilleries, three breweries, and 11 non-alcoholic beverage production facilities in Thailand. Internationally ThaiBev distributes in 90 countries. The Group has five production facilities in Scotland which produce single malt scotch whiskies such as Balblair, Old Pulteney, as well as Speyburn. The group owns one distillery in China which produces the famous Yulinquan Chinese spirit.
Thapana Sirivadhanabhakdi, president and CEO of Thai Beverage, said: “Our recent acquisition of SABECO in Vietnam has also added Bia Saigon (Saigon Beer) into our beer group. We have a long-standing relationship with the King Power Group in Thailand and we are pleased to see our partnership extended to the English Premier League. We would like to wish Leicester City continued success in the years to come.”
According to a report on Insideworldfootball
Vietnam firm wins architecture ’Oscars’
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Vietnamese design company H&P Architects has recently been named among the July Winners and Popular Choice Winners of the Architizer A+Awards – Vietnamnet reports.
The company was awarded for its Brick Cave design in a suburban commune of Hanoi in the Private House and Architecture + Brick categories.
The Architizer A+Awards focus on promoting and celebrating the year’s best architectural works. Its mission is to nurture the appreciation of architecture in the world and champion its potential for a positive impact on everyday life.
The A+Awards live at Architizer.com is a large online community of architects. Entries are judged by a panel of more than 400 distinguished luminaries and thought leaders from fields as diverse as fashion, publishing, product design, real estate development and tech. Finalists and winners are recognised as the year’s most influential visionaries.
This year, more than 5,000 entries from over 100 nations competed for the awards.
The Brick Cave was built in 2007 covering nearly 300sq.m and designed with a philosophy that it will help shape a place similar to the natural environment in an artificial manner.
The overall structure is made up of and enclosed by two layers of brick wall meeting at an intersection, with alternate ‘green’ arrangements of plants and vegetables. The two layers function as a filter to eliminate the adverse aspects of the environment and bring nature to where necessary inside.
The outer wall is tilted inward at different diagonals to create better views of the landscape. This, at the same time, helps users in various corners inside the house feel the slow of time and weather through shadow and air.
The Brick Cave encompasses a chain of spaces interconnected with one another with random apertures gradually shifting from openness to privacy and vice versa. The combination of “close” and “open” creates diverse relations with the surroundings.
The building reminds peoples of both strangeness and familiarity by offering them images of corners of a yard, expanses of the sky, strips of garden, and parts of an alley. H&P Architects was established in June 2009 by Doan Thanh Ha and Tran Ngoc Phuong.
The firm designs offices, residential property, hotels, resorts and hospitals, as well as urban, industrial, educational and infrastructure projects.
The company has won various prizes at the Architizer A+ Awards 2017, ARCASIA Awards for Architecture 2017 and American Architecture Prize Awards 2017.
VND4.1bn tax arrears bill for man profiting from online business
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Nguyen Nam Binh, vice head of HCM City Department of Taxation, said on August 1 that they had collected VND4.1bn (USD164,000) in tax arrears and fines from a local man that earned VND41bn from Facebook and Google ads – Dtinews reports.
The man is a programmer whose game has been viewed and downloaded on Facebook, Google and YouTube. He earned over VND41bn (USD1.6m) from ads in 2016 and 2017 but didn’t make any declarations or pay taxes.
He promised to VND3bn in tax arrears and a VND1.1bn (USD44,000) administrative fine. The tax arrears were detected when the Department of Taxation ordered banks to check on incomes from Google, Facebook and YouTube that haven’t deduced taxes. Binh said they would continue checking other cases of huge online incomes.
Another individual in HCM City also earned VND30bn online but hasn’t paid taxes. The Department of Taxation said he was no longer living at the HCM City address so the case was transferred to the Department of Taxation in Quang Nam where the individual originally came from.
Binh said the Law on Tax Administration required all businesspeople to pay tax. He went on to say that both Facebook, Google, YouTube as well as local individuals and firms that use the services hadn’t fully complied with the tax regulations.
The authorities will zero in on Facebook accounts that are the most active and have large incomes. Those who earn less than VND100m (USD4,400) a year online must pay a business licence tax. Those with over VND100m of annual incomes must pay additional VAT and personal income tax.
According to the Department of Taxation, Facebook, Google and YouTube incomes at four banks are in the range of VND500bn (USD20m).
Last year, the Taxation Department has collected VND9.1bn (USD400,100) in tax arrears from a Facebook account that sells cosmetics online.
New Saigon coffeehouse, Ca phe Co Ba gets vintage chic just right
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Saigon’s confusing July weather—rainy yet viciously sunny—led us on a search for a spot in town to enjoy a cold refreshment or a two. Incidentally, I was reminded of a new cafe at the end of Dong Khoi street called Ca Phe Co Ba, a stone’s throw away from Saigon river and its new waterbus station. We decided to give a shot.
Vintage Chic
We parked our motorbikes in an alley, which probably used to function as a residential entrance to the old yet gorgeous building. A quick chat with the parking attendants informed us that the French built the structure in the 1940s.
Interestingly, the unassuming parking alley used a touch-card system which most locals and expats would normally associate with newer condominiums and malls… a sign of change in a fast developing city?
Pre-war Saigonese vibes were apparent, somewhat adding to the excitement, as we ascended an antiquated flight of stairs before reaching Ca Phe Co Ba, located at L1. The cafe’s tiny, vintage hardwood door showed aesthetically pleasing signs of ‘wear’, and even resisted and creaked a little as I pushed it.
The interior of the cafe is predominantly hardwood and filled with numerous cushioned coaches and vintage round tables. Every turn and corner is lined with cabinets, which are in turn filled with aged articles from a nearly forgotten past, including vintage books, typewriters and oil lamps.
Modernity itself is a feature too, and is incorporated seamlessly into the vintage-style Vietnamese word art posters. A vinyl turntable complete with a pristine golden horn distracted me almost immediately too. These quickly became my favourite visual feature at Ca Phe Co Ba.
You could probably spend a good ten minutes admiring the innards of this small but comfortable cafe, including an adorable 80s Honda Cub scooter displayed in front of a hand-painted wall mural of Ben Thanh Market.
Instagram Opportunities
By the time we finished admiring images of pre-war Saigon, fashionable teens and office personnel glued to their iPhone screens, I had pretty much ascertained that the cafe scores very high in terms of ‘intagrammability’!
It was time to make my order. The menu at Ca Phe Co Ba is extensive, featuring standards such as pho, chicken and rice and sandwiches alongside drinks such as Vietnamese coffee, ice blends and teas. Most drinks at Ca Phe Co Ba range between VND45,000 – VND55,000, very reasonable considering the cafe’s ultra-central vicinity. Food ranges between VND35,000 – VND60,000.
A Banh Mi with a Bite
I opted for the lemongrass lime drink and the cafe’s popular banh mi with barbequed meat. The banh mi sandwich was interestingly served with a small accompaniment of savoury red sauce, excellent for people who prefer a moister sandwich!
Apart from the well-marinated and tender chunks of pork, the loaf itself had a nice bite and was denser than the usual airy banh mi commonly served on the sidewalks of Saigon. And kudos to the refreshing combination of lemongrass and lime for saving my soul on a hot afternoon. Ca Phe Co Ba’s paper cups are also a highly ‘instagrammable’ feature, which were likely designed for selfies!
Ca Phe Co Ba combines respectable food and drink with a beautiful and casual vintage interior. We’re pretty sure most visitors will spend at least an hour or two here considering the comfy seats and affordable menu.
For foreigners and locals who ride a motorbike, do note that the first two hours of parking is VND5,000 followed by VND3,000 each consecutive hour. That said, the parking means you have the liberty to leave your bikes for another hour or so to take a stroll in the surrounding vicinity after lunch at Ca Phe Co Ba!
According to a report on Citypassguide
Where to buy property in Vietnam?
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Vietnam is a country of 93 million people. While the Kinh (the major ethnic Vietnamese group) make up most of the country’s population, there still exist some 54 groups that live in isolated corners of the country. Each has its own cultural identity and language, but all have been united over the course of years by their constant battle against foreign invaders.
Vietnamese overall is most commonly spoken language. Many of the older generations still speak French, though the foreign tongue has lost its popularity over the years. What has been rising in popularity is English, now almost obligatorily studied in most schools. This has helped boost tourism tremendously. Most Vietnamese in the tourism sector speak English well.
Vietnam is also a melting pot of many different religions. Buddhism remains the most widely practiced religion with temples and pagodas present in almost every village and district. Some of the more famous pagodas are Chua Hương or the Perfume Pagoda in Ha Tay and the Chùa Một Cột, or the One Pillar Pagoda in Hanoi. These large architectural masterpieces receive millions of visitors each year, whether for religious or simply sightseeing purposes.
Roman Catholicism was first introduced to Vietnam in the 16th century, and churches are not an uncommon sight in Vietnam.
Unique to Vietnam, Cao Dai is a mix of dogmas borrowed from Catholicism, Buddhism, Confucianism and Taoism. Followers worship God and Buddha and follow saints that count Sun Yat Sen, Victor Hugo and Shakespeare among their number. Their temples can be found in many cities, particularly in Ho Chi Minh City.
Vietnam’s cuisine centres on the ubiquitous noodle soup, or pho. Many of its recipes use the country’s abundant seafood and sweet and exotic tropical fruits.
A sizeable percentage of Vietnam’s agricultural land is used for permanent crops. It is the largest producer of cashew nuts and second largest rice exporter in the world after Thailand. And although new to the game, Vietnam is one of the largest oil producers in Southeast Asia.
Vietnam has varied climate zones. Northern Vietnam has very specific seasons: cold winters and hot and humid summers. The Central Region, on the other hand, has a very dry atmosphere, with the driest months running from June to October. The coastal lowlands are tropical while towns like Da Lat down south and Sapa up north offer cooler climates. Towns like these in particular are popular due to the sweet-smelling pine forests, brilliant flowers, and waterfalls that surround the wooden cottages that sit on foggy mountaintops.
Vietnam has a 3,260-kilometre coastline with stretches of pristine white sand beaches. It has a diverse landscape made up mostly of rolling hills swathed in lush greenery and jagged mountains enveloped in dense forests. The majority of northern Vietnam is highlands while the south is a mix of mountains, forests and coastal lowlands.
As tourism is not as developed in Vietnam as it is in neighbours like Thailand, expensive water sports facilities are harder to come by. Nonetheless, beaches in Nha Trang and Da Nang are popular for their white sand and warm waters. Resorts such as Cat Ba Island and Pu Quoc Island are also popular vacation spots.
Vietnam is working hard to boost its tourism industry. Serious crimes against foreigners are uncommon, as the punishment for them is severe. Nonetheless, big cities like Ho Chi Minh are infamous for thieves who speed past on motorbikes and snatch purses, cameras and mobile phones from the hands of less-than-watchful sightseers.
One of Vietnam’s prize gems is Ha Long Bay. This UNESCO World Heritage site is a collection of islands scattred throughout the bay with hundreds of limestone caves, grottoes and rock formations of all sizes and shapes.
Vietnam’s two great cities retain much of their Old World charm even after suffering damages and trauma during the war. Hanoi is the capital, and Ho Chi Minh City, is Vietnam’s largest city. Both also have a modern, urban appeal that appeals to young backpackers from all over the world.
With its exciting past, vivid culture and natural beauty, its ancient temples, fog-topped mountains and sunny beaches, it is no surprise that Vietnam continues to attract the adventurer and the romantic.
So, whenever you think about buying property in Vietnam and need legal help, contact:
Global Business Service (GBS) Co., Ltd
Level 8, 135A Pasteur Street, District 3, HCMC, Vietnam
Email: info@gbs.com.vn | https://gbs.com.vn
Call/ SMS/ WhatsApp/ Viber/ Zalo at: +84903189033
National sales of FMCG up in urban Vietnam sightly
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National sales of FMCG on traditional and modern trade channels in urban areas reached $14 billion in Q2, growing 0.7 percent, Nielsen reported.
The fast-moving consumer goods growth year-on-year was driven by sales increases seen across six out of seven super categories: beverages (including beer), milk and dairy products, household care products, personal care products, baby care products, and cigarettes.
Baby care witnessed the biggest jump to 12 percent while food showed a decline of 1.9 percent, according to the market research firm’s newly-released Market Pulse Quarter 2 report.
“FMCG has yet to reflect an upturn in economic conditions while Vietnam’s GDP growth hit 7.1 percent in the first half of 2018,” Nguyen Anh Dung, executive director of Nielsen Vietnam’s retail measurement services division, said.
But there were many growth pockets, with modern trade channels seeing double-digit growth, he noted.
Semi-retail channels comprising stores with both wholesale and retail sales also saw strong growth.
Overall, the modern distribution channel enjoyed growth of 11.9 percent while the traditional channel was sluggish. Sales through traditional channels in urban areas rose 1.2 percent while in rural areas there was a drop of 2.4 percent.
Dung said seasonality could provide an opportunity for certain categories such as snacks, dairy, beverages, and confectionary to innovate and connect with consumers in novel ways.
“FMCG products have become basic while other products provide more excitement with innovation and new customer experiences. Consumers are willing to loosen their purse strings as reflected in strong growth in entertainment, tourism, cellphone, and automotive sales.”
It is time for manufacturers to bring excitement back to the FMCG industry, and the most important thing is to listen to consumers and put them at the center of all decisions they make, he said.
They provide the key growth cues if manufacturers can satisfy their needs, he added.
Life under Long Bien Bridge revealed
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Long Bien Bridge is one of Hanoi’s most iconic landmarks. However, it is being seriously polluted by large amounts of rubbish.
Source: Dtinews
15 Memorable Photos Reveals Life in Saigon During Vietnam War
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Saigon in the 1960s was the capital of America’s global proxy war to counter the ‘domino effect’ of spreading communism, the focal point of the battle between ideologies. Most of the fighting, however, took place in rural villages throughout central Vietnam. In Saigon, life went on much the same as it had for years — except with more American soldiers around. A decade later, the scenes in these pictures published on Culture Trip belonged to a new name: Ho Chi Minh City.
Street life
The motorbikes are older, and nobody’s wearing helmets, but much of the street life in Saigon looked the same back in the 1960s as it does today: tall trees, ao dais, conical hats, and cyclos. You don’t get the sense of a cataclysmic war in these photos, because it hadn’t come to Saigon yet. These are scenes of business as usual, with people out hustling to get ahead, just like their children and grandchildren still do today.
Below is famous Pasteur Street, in the heart of Saigon. The traffic is still hellish, even today, so that hasn’t changed much. It’s easy to see this city’s charm in a picture like this; the vitality is palpable. After the war, many street names were changed to shed the colonial history of this city, but Pasteur is one of the few names to remain.
Landmarks
The following pictures are real eye-openers for anyone who’s been to Ho Chi Minh City recently. The change is incredible, and yet you can still make out familiar sights. Nguyen Hue is now a walking street, where thousands of people get together every night for selfies and snacks. The Continental Hotel is still there, with its posh, high-end French restaurant. Bui Vien back in the 1960s is almost unrecognisable. Today, it’s jammed with neon beer clubs and drunk backpackers from around the world.
War comes to Saigon
The relative tranquility of Saigon came to an abrupt end during the Tet festival in 1968. Under cover of firecrackers, a lunar new year tradition, 35 battalions loyal to Hanoi launched a coordinated attack against six primary targets around the city, including the Ton Son Nhat International Airport, the Presidential Palace, and the US Embassy. The Americans and southern army eventually repelled the attacks, but the damage was done. The war in Vietnam was already unpopular in America, but even the most hawkish supports were calling for an end to the bloodshed after the Tet Offensive, which beamed horrible images to TVs and newspapers around the world. The streets of Saigon became part of the war, and for many, it was time to get out.
Ministry to further investigate Con Cung
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The Ministry of Industry and Commerce’s Market Surveillance Agency (MSA) plans to further investigate Con Cung company’s compliance with regulations on clear origin, product quality, origin stamps, consumer protection, and commercial activities, according to MSA’s deputy head Tran Hung.
Con Cung is a nationwide baby product retailer whose several stores in HCM City were found to have violated product origin regulations last week, MSA said. More than 5,000 products were confiscated by MSA for further investigation into their true origin.
The alleged violations included lack of receipts for some imported goods, inadequate origin stamps, and origin stamp alterations. Some products had stamps covering information printed on products, while an item of clothing showed signs that its origin stamp had been replaced, according to MSA.
An inspection team, led by Hung consisting of ministry officials and staff from the MSA HCM City Branch, visited Con Cung’s headquarters in District 7, where Nguyen Quoc Minh, chairman of the board, explained that the violations were a result of technical errors, such as stamps falling off due to insufficient glue, as opposed to malicious intent.
Hung said the investigation into Con Cung was originally scheduled last week under a decision from the ministry on July 24, but the company asked for more time to prepare proper documents and receipts to aid the investigation.
Con Cung’s commercial activities since January of last year are also being investigated.
On July 28, Con Cung announced on its website that all its products have proper receipts to prove their origin, and that it would reward VND1 billion (about US$43,500) to the first customer who can prove that a product recently bought from its stores was fraudulent or had unclear origin.
Nguyen Van Bach, deputy head of the MSA HCM City Branch, said the branch had inspected 88 Con Cung stores in HCM City so far. Further inspections are being conducted, with results expected soon, he said.
As for the problem of products with unclear origin, the MSA HCM City Branch told Tuoi Tre newspaper that it had seized over 13,000 stamps and labels of famous fashion brands such as Louis Vuitton and Gucci, with unclear origin from four shops in District 5’s Dai Quang Minh Trading Centre. MSA officials are working with these brandname companies to check the validity of the stamps and labels.
Mark Gillin, board member of the American Chamber of Commerce in HCM City, said that fraud was highly detrimental to real brands, and that consumers and businesses should have better awareness about the importance of intellectual property rights.
Source: VNS
HCM City street car parking charges sharply increased
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HCM City’s Department of Transport has increased car parking fees on local roads from today, August 1. The rise in parking fees is aimed to reduce the number of cars parked on pavements and roads.
From today, the car parking charges on 23 roadways in HCM City are VND20-40,000 (USD0.9-1.8) per hour, depending on different kinds of cars and different areas.
The fees are based on hourly rates, not single use of the space and are applied to cars of less than nine seats; cars of between 10 and 16 seats and trucks of between 1.5 and 2.5 tonnes.
On 13 inner-city streets in District 1, including Le Lai, Phan Boi Chau, Phan Chu Trinh, Nguyen Du and Huyen Tran Cong Chua, the fee for cars with less than nine seats is VND50,000 for the first two hours. The charge is VND30,000 each for the third and the fourth hour, which increases to VND35,000 for the fifth hour. It is up to VND250,000 for eight hours per day.
The same fees are also used for six streets in District 10, including Le Hong Phong, Cao Thang and Nguyen Gian Thanh.
Meanwhile, for four streets in District 5 namely An Duong Vuong, Tan Da, Tran Binh Trong and Pham Huu Chi, the parking fee for cars of below nine seats is VND50,000 for the first two hours; VND25,000 for the third and the fourth hour and VND30,000 from the fifth hour.
The fees are paid through mobile phone apps.
The new rates are 10-20% higher than fees at parking lots at shopping malls, office buildings and apartment buildings in the city.
Parking fees are currently around just VND5,000, irrespective of the length of time.
Source: Dtinews
Stocks correct after 4-day rallies
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Stocks encountered a slight correction after a four-day rising streak today, August 1, though trade remained active.
With 126 stocks rising and 169 others sliding, the VN-Index of the Hochiminh Stock Exchange fell 3.62 points, or 0.38%, at 952.77. There were 202 million shares worth VND4.4 trillion changing hands on the southern bourse, down 16.6% and 4.8% against the previous day, respectively.
Most large caps stayed almost flat. Having jumped sharply on Tuesday, lender TCB dropped 0.9% at VND27,550 per share with matching volume of two million shares.
CTG was the volume leader in the banking sector with 4.1 million shares traded but it dipped nearly 1.7% at VND23,200 per share. VHM, a housing developer, made the most negative contribution to the main index as it lost 1.5% at VND108,600 a share.
Among small stocks, property firm HQC and industrial zone operator ITA went up to their daily limits with matching volume of 10.7 million shares and three million shares, respectively. Realty firm FLC, meanwhile, declined 2.9% at VND6,350 per share and led the market by liquidity with 22.2 million shares traded.
HAG, another real estate enterprise, tumbled to near its lower limit, closing at VND7,100 a share. It was the second most heavily traded stock on the exchange with 12.6 million shares transacted.
The HNX-Index of the Hanoi Stock Exchange slid for the second straight session, edging down 0.56% at 105.56 points. Trading on the market sharply improved as volume and value climbed 17.6% and 33.5% at nearly 47.2 million shares worth VND613 billion.
PVS, an oil and gas firm, stole the limelight, adding 3.5% at VND17,800 per share. The firm was the most liquid stock on the northern bourse with matching volume of 10.6 million shares.
Lender SHB ranked second for liquidity with 7.5 million shares but it dropped 1.2% at VND8,000 per share. Its fellow bank ACB fell 0.8% at VND35,500 a share with volume of 3.3 million shares.
Among small stocks, KLF, which is active in the trading and food service sector, was the third most actively traded stock with 5.9 million shares exchanged. It closed the day unchanged at VND2,500 per share.
Foreigners stayed on the selling side for the third consecutive session, net selling VND237.6 billion worth of shares on the HCMC market. The investors, meanwhile, net sold VND3.2 billion on the Hanoi exchange.
[Phuong Thao] report on Saigontimes
Couple caught in cinema sex romp
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CGV Cinemas Vietnam has vowed to follow local law in dealing with the recent spreading of private images and asked the audience to behave in the cinemas after the romping of a couple were recorded by the security camera.
The couple in the Sweetbox seat was caught having sex in the back of the theatre. The images of the romp were then spread around the internet by an employee at CGV. The case sparks a heated debate about behaviour at cinemas and customer privacy.
Many people criticised the couple for gross indecency in public while others expressed concerns over violations of privacy.
On July 31, CGV admitted that one of its employees had spread the images. He found out about the couple while going through the videos to find a missing bag of another cinema-goer. CGV said such an incident had never happened before at their chain of cinemas and that the employee had been reprimanded and suspended.
According to CGV, it has strict policies to ensure privacy. The cameras are used for security. Rules about cinema manners are always shown on the big screen before a films start. CGV announced that it will follow the regulations and need the public’s co-operation to maintain a healthy entertainment environment.
The staffs often patrol the cinema during certain hours so that the viewing experience will not be disrupted.
“We believe that most cinema-goers are well-behaved in public. CGV has always tried to provide the best experience to audiences,” CGV representative said.
Source: Dtinews
Gen Z: the future of global economy
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Spending VND13 trillion on food and drinks alone each month, the members of Z generation (Z Gen) in Vietnam are believed to be major consumers in the future.
Nguyen Minh Tri, born in 1997, recently met reporters at Royal, a bubble tea shop in district 3, HCMC.
Tri just graduated from RMIT University one year ago, but earns a lot from his 3D app designing.
“I just need to post my products on some websites of the designers’ community. If foreign firms like my products, they will contact me,” he explained.
“Sometimes they buy my products. In other cases, they hired me to develop projects together with them,” he said.
“As a freelancer, I don’t have to go to office. I don’t have to observe any rules set by businesses and I control my time. I like this lifestyle,” he said.
Minh Tri is a member of Z Gen, born in the digital technology era. These people, born in the mid1990s to mid 2000s, are entering the labor and consumer markets.
According to Epinion, Z Gen members don’t receive official salaries, but their average income is $112 a month.
Google started in 1996. Facebook made its debut in 2004, YouTube in 2005 and internet penetrated Vietnam in 1997. As such, the Vietnamese Z Gen witnessed the strong development of internet.
“Therefore, Z Gen can be called iGen, a new generation of users whose behaviors and lives are digitalized in all ways,” commented Nguyen Hai Trieu, CEO of YouNet Media.
Regarding Z Gen’s consumption behaviors, a report of Decision Lab, a market analysis firm, about HCMC market, showed that despite modest income and reliance on parents, Z Gen is still considered the group of customers who are setting new trends in the large cities of Vietnam.
More than 56 percent of individuals surveyed by Decision Lab don’t have an income or have modest income of less than VND3 million a month. Only 35.1 percent of individuals have the income of VND3-7.5 million. Their average expenditure on non-home food and drinks is VND892,443 a month.
Unlike millennials who like to have major meals at home, many Z Gen members prefer eating out at restaurants. They adapt to fast food quickly. As for drinks, they don’t especially like coffee or alcoholic drinks like the previous generations, but prefer bubble tea.
Belonging to the ‘generation of connections’, Z Gen individuals don’t think they need to go to shops. They prefer online purchases.
US$1=VND22,000
According to a report on Vietnamnet
Elinkgate – Vietnam’s startup invents solution for computer users
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ELINKGATE new technology is a comprehensive solution that serves as a platform for IT support services for both personal and institutional computer users.
Nguyen Van Hung, Vice Rector of College of Radio and Television II, praised ELINKGATE’s technology solution, which allows control of computers from a distance.
Hung said one of the biggest problem for IT supporters lies in communication with terminal users. Most individual users don’t have deep knowledge about IT, therefore, IT supporters find it difficult to help them fix computer problems from a distance.
Despite the explanations which last hours, IT supporters and terminal users cannot understand each other.
The solution introduced by ELINKGATE brings convenience to both IT supporters and clients.
There are many remote computer access software products available in the market, including Team Viewer and LogMeIn. However, as the software all run on operating systems, they cannot fix the errors of the operating systems or other systems.
Nguyen Van Hoang and his co-worker at ELINKGATE have developed a remote-control technology which allows access to computers and hi-tech devices, and makes interventions to fix problems in the devices.
The outstanding feature of the solution introduced by Hoang is that it can be applied in all cases, even if there is no operating system.
With the technology, terminal users can easily communicate with IT supporters who can fix errors from a distance. As such, users can receive support 24/7.
When computers meet troubles, users just need to connect USB ELINK device with their computers to receive support. Even farmers and housewives who don’t have deep understanding about technology can also use this method.
IT supporters will make operations to fix errors from a distance while there is no need to install connection software. ELINK solution also works if computers don’t have operating systems and run under BIOS mode.
Users can choose specific files and folders to remain inaccessible during the support process.
The solution allows supporters to install operating systems and fix commonly seen errors with just one mouse click. They don’t have to keep watch over computers for and do step by step make operations.
ELINK not only helps provide IT supporting services, but also can serve as a platform for ecosystems in other fields. A person in a remote area can connect leading experts to receive advice on healthcare.
Adults can make friends, and communicate and update information without their children’s support.
According a report on Vietnamnet