Explore the World’s Biggest Cave From Your Couch

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Two people walk through a sinkhole inside Son Doong, the largest cave in the world. Thanks to this sinkhole, a large forest has grown inside the cave.

PHOTOGRAPH BY MARTIN EDSTRÖM, NATIONAL GEOGRAPHIC CREATIVE

At F8, Facebook’s annual developer conference in San Jose, California, the social media company shared updates on React 360, an interactive WebVR and 360 content publisher. Experiences made using the technology can show up across the web and in people’s Facebook News Feeds, effectively bringing virtual reality to its more than two billion members—no headset required.

To showcase this feature, Facebook is working with National Geographic and showcasing an updated version of a 2015 National Geographic interactive VR story. In it, readers were invited to take a virtual tour of Son Doong, a recently discovered cave in Vietnam, believed to be the world’s largest.

“In the social media world, this is a big deal,” says Martin Edström, the photographer who originally captured the 360 photo spheres of Son Doong for National Geographic. “Now people can literally walk through the largest cave in the world without leaving Facebook.”

The new version of this virtual tour is updated from the original in several ways, including improved navigation, an informative audio guide, and better photographic tonality. The advancements help viewers feel as though they are really standing amid an eerie, alien landscape of enormous stalagmites in a cavern so large a Boeing 747 could fly through it—literally.

The technology to create and capture 360-degree interactive photographs and VR content has generally outpaced its distribution mechanisms. VR photographers and filmmakers have struggled to share their work with the general population. Facebook’s efforts may indicate that VR storytelling will become a more ubiquitous part of our digital media experiences.

“It’s a big step toward immersive and interactive content becoming a part of the way we tell stories,” says Edström.

A cave explorer stands atop a large spiral stalagmite in the Watch Out for Dinosaurs area, a sinkhole inside Son Doong. Part of the cave ceiling collapsed, letting sunlight into the cave and allowing for grass and plants to grow.
PHOTOGRAPH BY MARTIN EDSTRÖM, NATIONAL GEOGRAPHIC CREATIVE

REVISITING SON DOONG

In 2014, Edström, a photojournalist from Stockholm, Sweden, heard of a recently discovered cave in central Vietnam’s Phong Nha-Ke Bang National Park. It was being called the world’s largest. He jumped at the opportunity to capture it in virtual reality.

The entrance to Son Doong, meaning “cave of the mountain river,” was first discovered in 1991 by Hồ Khanh, a local logger. In 2009, a team of scientists and explorers, having heard tale of Hồ Khanh’s fabled discovery, contacted him and requested his help to find the cave. It took several months, but he eventually retraced his way back through the remote jungle to once again find the dark, foreboding maw in the earth.

He and the team of scientists, using proper caving systems and techniques, pushed exploration into the cave.

All were utterly astonished by what they saw.

The cave, estimated to be between two and five million years old, is believed to be the largest cave passage in the world. It’s more than three miles long, with numerous chambers large enough to hold an entire city block of New York skyscrapers. Being the world’s largest cave, Son Doong contains many appropriately gargantuan formations, including the 200-foot “Hand of the Dog,” which might be the world’s largest stalagmite, as well as baseball-sized “cave pearls,” a type of speleothem that’s typically much smaller.

Son Doong is also distinguished by two large dolines, areas where the cave roof collapsed, that let in light and created conditions for dense prehistoric flora to grow in the middle of the cave.

FIGHTING TO PROTECT SON DOONG

Soon after Son Doong was discovered, tourism operators moved in to convert the natural wonder into a money-making operation. Oxalis Adventure Tours currently holds the cave’s sole tourism permit and brings upwards of 800 people per year through the remote passage at a cost of up to $3,000 per person.

In 2014, another tourism company unveiled a controversial proposal to construct a 6.5-mile-long cable car through Son Doong.

“Since then, a large activist network, called Save Son Doong has been touring Vietnam, showing our VR story to local people and getting people to sign a petition to save the cave from large-scale tourism,” says Edström. “They go to universities, political rallies, and schools to let people experience this cave through our VR experience.”

In his last address to the people of Vietnam, President Obama stated Son Doong ought to be preserved, which has also bolstered the cause.

The cable-car remains just a proposal for now. This fact very well may be credited to the power of Edström’s imagery, which showed the world the spectacular natural beauty of this cave. Edström sees Facebook’s new feature as a powerful new conservation tool.

“This isn’t just a story about a cave,” says Edström. “It’s a story about sustainably managing our natural heritage and making sure our grandkids still can marvel at its beauty.”

By 

Photographs by 

Young startupper earns success with free shopping app

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Tran Hai Quang, a 28-year-old former student of the Foreign Trade University, has earned initial success after two years since the launch of his startup project, Clingme, a free app to facilitate shopping for consumers.

Two years ago, after graduating with an MBA in the US, Quang chose to return to Vietnam in order to build his career with the free mobile app.

To date, Clingme is one of the few startups in Vietnam that has raised capital worth over US$3 million and has become renowned for its outstanding and convenient functions.

Dissimilar from other shopping support applications, Clingme has personalised the phone screen for each users’ group. At the same location, user groups will get different shopping recommendations, giving customers the most convenient and smart shopping experience.

It also helps retailers to approach customers. Clingme is attractive due to its features that facilitate discounts, help users to find restaurants, gas stations and ATMs, and make orders, bookings and payments with QRcodes.

In the context that 95% of all retail transactions in Vietnam are carried out directly, Online to Offline (O2O) business models are becoming an increasingly complementary method to make business more effective. Offline channels help to optimise online channels in experiencing the products, while the online channel is a sufficient condition to lure more customers to the stores.

Clingme is following the O2O model and expects to become a leader in the trend in Vietnam, said CEO Tran Hai Quang. “For us, Clingme is no longer a startup. Clingme has set a target to make itself the leading retail technological company in the Fourth Industrial Revolution,” Hai added.

Source: Nhan Dan

Vietnam continues visa exemptions for five European countries

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Vietnam will renew visa exemptions for a three-year period for the citizens of five Western European countries, including the UK, France, Germany, Spain and Italy.

The decision was approved by Prime Minister Nguyen Xuan Phuc at the regular Government meeting on May 3.

Accordingly, citizens from the five aforementioned countries will continue to enjoy visa exemptions to enter Vietnam up to 2020 after the expiration of the visa-free policy in June this year.

The PM said that Vietnam should continue to expand its visa-exemption policy as the country has unilaterally offered visa exemptions for citizens from only 24 countries, including nine ASEAN countries.

According to Minister-Chairman of the Government Office Mai Tien Dung, the open-door visa policy aligned with enhanced tourism promotion has contributed to maintaining Vietnam’s growth rate of foreign visitors at nearly 30% annually.

Minister Dung noted that the Government will consider proposals from the Vietnam Tourism Association concerning the extension of the period of stay in Vietnam from 15 to 30 days and the expansion of visa exemption for more countries, among others.

Vietnam welcomed approximately 720,000 Western European visitors in 2015 and the number of visitors increased to 855,000 in 2016 and 1.5 million in 2017.

Source: Nhan Dan

​Hot or cold? Vietnamese give icy reception to frozen meat

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The Vietnamese habit of opting for meat advertised as freshly butchered over frozen alternatives is one many experts say should be reconsidered.

Thanh, a resident of District 10, Ho Chi Minh City, says she carefully evaluates freshness by inspecting the stickiness and color of pork and beef before making a purchase.

“I rarely buy pork and beef in the supermarket because the meat sold there is not as fresh as what I see at the morning market near my house,” Thanh said.

Many Vietnamese consumers share Thanh’s mindset, considering what they believe is freshly slaughtered meat – meat still warm and deep red in color – as fresher, more nutritious, and safer than frozen meat.

Nguyen Ngoc An, general director of Vietnam’s top food processor Vissan, said one of the biggest difficulties facing frozen meat is educating consumers on its benefits.

Even in urbanized areas like Ho Chi Minh City, a mere 20 percent of fresh meat, fish, and vegetables are bought at modern commercial outlets, compared to the 80 percent of ‘fresh’ foods being purchased at traditional markets.

A woman buys pork at a wet market in Ho Chi Minh City. Photo: Tuoi Tre

Frozen meat is safer

The United States Department of Agriculture suggests that unprocessed frozen meat and poultry have the potential to maintain their quality due to their ability to keep moisture during cooking.

Meat sold at traditional markets is usually slaughtered the night before going on sale, transported to wholesale markets, and finally distributed to wet markets where it is cut, sliced, formed, and packaged.

Exposure to dirt and high temperatures during these steps creates an environment in which dangerous microorganisms can thrive and spread rapidly throughout each cut of meat.

Comparatively, the process of slaughtering, packaging, and distributing frozen meat takes place entirely in conditions between 5 and -40 degrees Celsius, a temperature at which no bacteria is able to contaminate the meat.

“Even if consumers buy red meat at the market and store it in their refrigerator, it is not as safe as frozen meat from industrial slaughter facilities,” explained Pham Duc Binh, director of Thanh Binh Feedmill Co., a company specializing in the production and supply of chickens and swine.

In a bid to curb the amount of unsanitary meat being advertized as ‘fresh’ in the country’s traditional markets, Vietnam’s Minister of Agriculture and Rural Development stipulated in 2012 that pork could only be sold within eight hours of being slaughtered. However, the stipulation was quickly lifted due to the unreadiness of retailers and strong opposition from suppliers.

A supermarket worker sells frozen meat to customers. Photo: Tuoi Tre

Catching up to the new consumption trend

Some companies are preparing to embrace the growing desire among Vietnamese consumers to purchase safer meat.

Thanh Binh Feedmill Co. is currently researching new freezing systems to ensure food safety for their pork and enable consumers to easily trace the origin of each piece of meat they purchase.

Luong Quang Thi, director of ABA Cooltrans Co. Ltd., told Tuoi Tre (Youth) newspaper that about 3,500 retailers and supermarkets across Vietnam are doing their part to create consumer awareness of the necessity of freezing storage.

“The more these channels advertise a freezing storage process, the more widely frozen pork, fish and beef will be made available,” he said.

Thi believes that frozen supply chains will help keep the product at top quality, from slaughter to consumption, creating added value rather than expenses.

Other companies, such as Greenfeed Vietnam subsidiary Feddy JSC, are gearing up for changes amongst Vietnamese consumption trends by opening shops dedicated entirely to the sale of frozen meat in Ho Chi Minh City, with future plans to expand to Hanoi and Da Nang.

By: Bao Anh

Source: Tuoi Tre News

Vingroup gains an after-tax profit of $44.4 million in Q1/ 2018

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Vietnam’s Vingroup’s after-tax profit increased by 70 per cent over the same period last year, according to its financial statement for Q1/2018.

Accordingly, its consolidated net revenue in the first quarter of 2018 reached VND29,123 billion ($1,28 billion), up 84.4 per cent year on year. The Leader – a local media channel reported.

In Q1/2018, pre-tax profit of the group was estimated at over VND2.53 trillion ($111 million) and after-tax profit at nearly VND1.01 trillion ($44.4 million), up 103.7 percent and 70.1 percent respectively compared to the same period of 2017.

Revenue from real estate transfer in the first quarter of 2018 reached VND20,354 billion ($895 million), nearly doubling that of the first quarter of 2017, mainly from large projects as Vinhomes Golden River, Vinhomes Central Park, and Vinhomes Green Bay.

Retail revenue was VND4,132 billion ($181 million), up VND1,765 billion ($77,6 million) or 74.6 per cent year on year. Revenue from resort, recreation and entertainment services reached VND1,886 billion ($82,9 million), an increase of 53.7 per cent compared to the same period of the previous year.

Revenue from other sectors (real estate for lease, education and healthcare) increased from 22.1 per cent to 68.2 per cent.

According to the financial statement, total assets of Vingroup reached VND223,850 billion ($9,85 billion), equity reached VND59,256 billion ($2,6 billion), up 4.7 per cent and 12.7 per cent respectively compared with the end of 2017.

In the first quarter, VinFast, a member of Vingroup, entered many cooperation agreements with big corporations in the automobile industry such as Pininfarina, BMW, Magna Steyr, AVL, Durr AG, Schuler AG, and Eisenmann and expected to launch its first products by the end of 2019.

At the same time, Vingroup established a Training Centre for Mechatronics and Mechanical Engineering, which is expected to officially come into operation in this August. Graduates will receive a vocational certificate of German standards and get the opportunity to work at VinFast’s automobile and electric motorcycle plant as well as nearly 50,000 German companies around the world.

In March 2018, Vingroup officially announced its plan to join in the field of higher education by establishing VinUni University (VinUni) and signed a strategic cooperation agreement with leading universities in the world such as Cornell University and the University of Pennsylvania.

With a total investment of VND2.2 trillion ($97.7 million), the project’s first phase will be built in an area of nearly 10ha following international standards, including research, production, logistics and support works.

Vingroup said that the entire production process at Vinfa will be equipped with the latest and advanced technologies to optimise the efficiency and quality of pharmaceutical products.

The objective of the Vinfa Drug Research and Production Centre is to produce and sell good-quality Oriental and Western medicines to serve the domestic and export markets.

By Minh An

VTC declines invitation to be honored by YouTube

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The Vietnam Multimedia Corporation (VTC) earlier this year unexpectedly refused to attend an event honoring content creators held in HCM City.

Sources say that VTC is developing a content distribution channel of its own – VTC Now – which will compete with YouTube.

OTT TV fever

As estimated by Value Penguin based on the number of downloads in 2017, YouTube dominates OTT market of streaming video.

In 13 surveyed markets, YouTube does not operate in China because of the Chinese government’s policies. It ranks second in Japan and No 1 in Vietnam and a number of other countries.

However, analysts can see the strong rise of local apps which also have long reach in the market. They include Zing, FPT Play, VTVCab On, VTVGo and V Live, four-fifths of which are apps that provide OTT TV services.

V Live, an app from the South Korean Naver, debuted in Vietnam in 2016. With content focused on K-biz, popular with local youth, the app has joined the group of five OTT TV apps with the biggest numbers of downloads.

Most recently, in April 2018, Kwai, a Chinese social network, app began in Vietnam. Kwai has advantages in content – Chinese dramas and game shows which young people like.

Big players

An analyst said that in developing OTT TV, the content will determine the number of viewers.

VTV Go has been attracting viewers with exclusive programs including sports, entertainment and movies. It is estimated that VTV Go has 6 million installs and nearly 9 million views on web.

Pham Anh Chien, director of VTV Digital, which developed VTV Go, once said that developing OTT TV to retain audiences is the company’s long-term strategy.

Besides VTV, VTC is also a big player. After merging with the Voice of Vietnam (VOV), VTC has focused on digital content development, especially on social network platforms.

VTC has been effectively developing content on YouTube with many channels. VTC1 channel now has nearly 1.3 million subscribers and 2 billion followers. It is listed among top 10 channels on YouTube with best quality as assessed by Social Blade.

However, sources said that VTC is no longer interested in YouTube and that the corporation is planning to set up a content distribution network of its own, VTC Now.

It’s still too early to say about VTC Now’s performance, but its development partners, Accedo, Akamai and Brighcove, the world’s leading OTT developers, show its potential.

By: Chi Nam

Source: VietNamNet

 

Commonwealth Bank Lost Data From 20 Million Customer Accounts

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Australia’s largest bank has admitted it lost the financial statements of 20 million accounts. The Commonwealth Bank insists that customer security has not been compromised as the statements did to contain customer passwords or pin numbers.

The statements did include customer names, addresses, account numbers and transaction history. The data was held on a magnetic tapes which were supposed to be destroyed by sub contractor Fuji-Xerox in 2016. But the Commonwealth Bank said they could not confirm the tapes were destroyed. Which-50 reports.

The bank launched an independent investigation, through KPMG, and informed the Office of the Australian Information Commissioner (OAIC) and banking regulator, APRA. However, they decided not to inform customers when the investigation determined the tapes being erased was “the most likely outcome”.

Under the new Notifiable Data Breaches scheme , which came into effect in February, it appears the Commonwealth Bank would have had a legal obligation to let its customers know their data had been breached, but the incident occurred in 2016.

The Commonwealth Bank’s acting head of retail, Angus Sullivan, defended the decision not to tell customers in an interview with the ABC’s AM program.

“When incidents like these are shared more broadly, they create risks in and of themselves,” Sullivan said.

“When we look back now, the decision that was made at the time has probably been borne out to be a good decision in as much that the data hasn’t turned into fraudulent activity.”

A Serious Incident
While the Commonwealth Bank attempts to downplay the threat of the incident, their admission suggests it is a serious breach, according to Troy Hunt, Microsoft managing director – developer security.

“We need to recognise that the CBA incident is serious enough for them to decide it needed to be disclosed publicly,” Hunt told Which-50, also noting the current industry climate likely impacted the decision to come clean.

“Inevitably, this is also a decision driven by the current climate of increased scrutiny on the banking sector, but an event like this is a major story all the same.”

And while it is highly unlikely customer data was compromised in this incident, the disclosure of banking details does heighten the risk of fraud, according to Hunt.

“In terms of risks to consumers, at the very least disclosure of someone’s banking choices does heighten their risk of fraud, [such as identify theft] ” Hunt said.

“But we also need to recognise that based on CBA’s statements, it seems highly likely the data never fell into malicious hands and whilst it’s natural for people to feel that their privacy has been violated, it seems highly unlikely any unauthorised party saw the data and that it will result in any tangible loss or impact on them.”

In Vietnam, by July 2017, CBA announced the sale of its Ho Chi Minh City branch to Vietnam International Bank (VIB), one of Vietnam’s leading bank for commercial joint stock. CBA commenced its banking activities in Vietnam back in 2008. Two years later, the bank established a strategic partnership with VIB where CBA acquired a proportion of 20% in VIB’s stake.

VIB currently has a market penetration of 5% in Vietnam’s Retail Banking Sector (Vietnam Retail Banking Council, H1 2017) and with the purchase of CBA’s Ho Chi Minh City branch which catered to the needs of about 20,000 customers, VIB will be able to tap on the increased customer base to grow its core retail banking business.

- By Joseph Brookes, Edited by Vietnam Insider

Techcombank starts trading on Vietnam, HCMC stock exchange from June 4

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Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is poised to commence trading on the Ho Chi Minh City Stock Exchange (HoSE) on June 4 following its nearly $1-billion IPO, the bank announced on April 27.

The bank said, it successfully sold more than 164 million shares, equivalent to 14 per cent of its charter capital, to institutional investors. At the final price of VND128,000 ($5.62) per share, the bank mopped up VND21 trillion ($922 million) and was valued at $6.5 billion. Deal Street Asia reported

At this valuation, Techcombank’s capitalization is even greater than that of The Bank for Investment and Development of Vietnam (BIDV) and Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), whose charter capital is three times higher in comparison. Deal Streat Asia said.

Techcombank’s IPO attracted many foreign investors, including Singapore’s GIC, Dragon Capital and Fidelity Management, all of whom are keen to become key investors, as they register to buy 76 per cent of the bank’s shares.

Global private equity major Warburg Pincus last month agreed to invest over $370 million in Techcombank, marking the largest ever PE investment in Vietnam to date.

“Our decision to allocate a large portion of our offering to the cornerstone investors is a testament to the tremendous demand from a diverse and high-quality set of investors. Just as important is that a number of these funds are investing in Việtnam for the first time,” CEO of Techcombank Nguyen Le Quoc Anh told local media.

The 25-year-old bank provides a broad range of banking products and services to more than 5.4 million customers in Vietnam with an extensive network of 315 branches across the country.

After Techcombank, Vietnam is set to host another billion-dollar IPO this year. Vingroup in February said that it is planning a spinoff of its luxury residential arm Vinhomes that could raise as much as $1.2 billion, which will mark a strong run of IPOs in the country.

 

By Quynh Nguyen

Don Chicken to open more restaurants in Vietnam

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Don Chicken Vietnam is planning to expand its Hanoi portfolio through franchising.

There are two branches of the Korean fast-food chain in the capital, one in Vincom Royal City, Hanoi, Vietnam. Retail News Asia reported on May 04, 2018.

As a first move for its expansion in Hanoi and the north, Don Chicken has launched an event to find partners experienced in the dining sector, and will offer franchisees training and marketing support.

Founded by Apgujeong Group in 2007, Don Chicken has 400 stores across Korea and has also expanded into China and Thailand.

Don Chicken’s first store in Ho Chi Minh City, Vietnam opened in 2015. It started franchising from 2016 and so far, it has 13 stores nationwide.

Dusit Princess Resort to Open on Phu Quoc Island, Vietnam

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Dusit will this month open the Dusit Princess Moonrise Beach Resort on Vietnam’s largest island, Phu Quoc.

Located in the South of Vietnam in the Gulf of Thailand, Phu Quoc is a fast-growing tourist destination known for its long, sweeping beaches, rich coral reefs, fresh seafood, pearl farms, and dense, tropical rainforest. The AsiaTravelTips reports

Operating under Dusit’s upper midscale Dusit Princess brand, the new four-star resort is centrally located on the island’s west coast overlooking the stunning Bai Truong beach, a 20-plus kilometre stretch of sand also known as Long Beach. Phu Quoc (PQC) International Airport and Duong To town centre are only a short drive away.

The family-friendly resort comprises 108 guest rooms, ranging from 32 sqm Deluxe Rooms to 90 sqm Suites, most of which offer ocean views.

The resort’s dining options include an all-day-dining restaurant, a lobby lounge, a swim-up pool bar serving Thai, Vietnamese and Western cuisines, and Soi 14, a stylish beachfront bar and lounge where Thai Chef Somnuck Attaworn uses premium ingredients to put a contemporary spin on Thai street food favourites.

The centerpiece of the resort is a large infinity pool with ocean view, set within a lush tropical garden. Other facilities include a fully-equipped gym, a kids club, a large ballroom accommodating up to 190 people, and a spa.

During their stay, guests can easily arrange to visit popular local attractions such as Phu Quoc National Park, part of the UNESCO designated Kien Giang Biosphere Reserve; the sweeping and secluded ‘Bai Sao’ beach; the quirky Dinh Cau night market; and various traditional temples.

“Perfectly equipped to meet the needs of business and leisure travellers alike, this is a stunning property in a beautiful location with gorgeous sunsets almost every day,” said Markus Lohenstein, General Manager, Dusit Princess Moonrise Beach Resort. “It’s a real honour to be tasked with debuting Dusit’s unique brand of gracious hospitality in Vietnam. I look forward to working with my team to make this resort a huge success, as we delight our guests with our distinctive service, and showcase the best the island has to offer.”

The Ministry of Tourism aims to attract at least 500,000 foreign tourists to Phu Quoc Island this year through strategic promotions and the development of attractive tourism products.

To meet international demand, PQC International Airport has opened new direct routes to destinations such as Thailand, China, Korea, Russia, Finland, Sweden, Germany and the UK. Regular domestic flights to Ho Chi Minh (Saigon) and Hanoi are also available. A visa exempt rule grants international visitors 30 days access to the island upon arrival.

The resort will soft open on 22 May 2018.

Over 45 percent of Vietnamese males smoke

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More than 45 percent of Vietnamese males smoke tobacco, as heard at an anti-smoking conference held in Ho Chi Minh City on April 19.

The Ministry of Information and Communications in collaboration with Health Ministry’s fund for tobacco harm prevention and control co-organised the event.

At the conference, Pham Thi Hoang Anh, Country Director for Vietnam at the HealthBridge Foundation of Canada, said the number of local smokers saw a significant amount of poor people, adding that needy families spend up to 5.3 percent of their incomes on tobacco.

Vietnamese often begin smoking at young ages, she said, citing a 2015 statistic that showed about 56 percent of Vietnamese smoked before 20 years old.

According to the doctor, tobacco smoke consists of 7,000 harmful substances, including 69 causing cancer. It is estimated that 40,000 Vietnamese die every year due to smoking, and the number could increase to 70,000 in the future.

However, in Vietnam, in 2005-2016, when income per capita grew by 4.7 times, tobacco prices increased by only 2.2 times.

Nguyen Tuan Lam, from the World Health Organisation in Vietnam, said the low prices were a result of the country’s low tax on tobacco. The tax per retail price in Vietnam is about 35.6 percent, compared to the world average rate of 56 percent. The Vietnamese rate is also way below that of Thailand (73 percent), Singapore (66 percent), and the Philippines (63 percent).

As calculated, if tobacco tax goes up by 10 percent, tobacco consumption will go down by 4 percent in developed countries and 5 percent in developing ones, noted Lam.

Phan Thi Hai, deputy head of the fund for tobacco harm prevention and control, suggested reducing the rate of tobacco consumption in 2020, the Government need to increase the tax to at least 2,000 VND per tobacco pack in January 1 2020.
The Government should also adjust the tax based on consumer price indexes of following years to ensure tobacco prices are not well below income increases, Hai said.

Source: VNA

Bomb hoax at Vietnam airport, a Chinese passenger fined $175

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Vietnam’s aviation authorities have fined a Chinese passenger and are considering to ban her from flying after she caused a bomb scare at an airport in Vietnam’s northern port city of Hai Phong.

Fen Chengyu, 25, was overheard claiming she had a bomb while preparing to board a VietJet Air flight at Cat Bi International Airport on Thursday morning, according to VNExpress International report.

Following the incident, the airport’s authorities immediately evacuated all passengers, blocked Fen and her companions from boarding their flight and searched their belongings but were unable to find any explosive device.

The flight took off on schedule, without Fen and her two co-travelers.

Under questioning, Fen said she had been arguing with her two companions and told them she had a bomb because she did not want to board the flight, Nguoi Lao Dong newspaper reported.

The Northern Airport Authority fined Fen VND4 million ($175) for the false bomb threat and recommended imposing a flight ban on her, Thanh Nien newspaper said.

Vietnam imposes flight bans of up to a year for travelers who disrupt order on flights or in airports, make bomb threats or use fake papers to travel. Repeat offenses are subject to an indefinite ban.

The country imposed a record 40 flight bans last year as the country’s air travel industry reached new heights.

Most passengers were punished for smoking, fighting or stealing on flights.

Vietnam served more than 94 million air passengers in 2017, up 16 percent from a year ago, including 13 million foreigners.

By Giang Chinh

Vietnam morning news – May 04

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Estimated reading time: 6 minutes

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Vietnam brand Mobistar eyes India smartphone pie with dual selfie camera smartphones

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India will soon have another smartphone brand, and this time it will, strangely, be from Vietnam. But Mobistar, a brand which has been selling smartphones since 2009, is not coming in without a plan.

Mobistar Group CEO Carl Ngo is looking at India because is has the size that everyone wants to be in. “Despite being the biggest feature phone and second largest smartphone market, it is still growing,” he adds. “India offers size, growth and potential.”

India will soon have another smartphone brand, and this time it will, strangely, be from Vietnam. Mobistar Group CEO Carl Ngo

Ngo has spotted some need gaps in the market and studied how the supply chain works. “I think we can offer something better,” says the man who worked for close to a decade with Sony Ericsson on Vietnam. He sees a clear opportunity in the $100 price range. “We can offer a better price to spec ratio and user experience in this range,” he says, showing a bunch of Android phones, all of which sport dual front cameras.

Ngo is convinced selfies can be a huge selling point for smartphones in India, and with his new devices he will offer an extra wide-angle lens to do this better. Ngo has not finalised a launch date for the Mobistar brand in India and just says it is a few weeks away. However, he is sure that the initial two models will be online only. “We will then go offline, after evaluating the market. We will go pan-India, but in phases,” he added.

Mobistar is in the process of getting on board a partner to manage after sales service and could cater to up to 750 locations initially. And Mobistar’s expansion is not limited to India. Ngo is eyeing the GEC for his next level of growth.

By Nandagopal Rajan

World Economic Forum on ASEAN to be held in Vietnam

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The World Economic Forum (WEF) on ASEAN 2018 will be held in Hanoi, Vietnam from Sept 11-13, the event’s organising committee said on Thursday.

Xinhua news agency reported. WEF on ASEAN 2018 will feature entrepreneurship and the fourth industrial revolution, with the expected participation of ASEAN’s political, business, academic and civil society leaders, as well as 100 start-ups which represent the very best of the region’s dynamism and entrepreneurship.

The meeting will address strategic issues of national and regional significance under three thematic pillars, namely entrepreneurship to craft new approaches to regional and global governance, entrepreneurship to drive economic and business dynamism, and entrepreneurship to shape social inclusion.

In ASEAN (Association of Southeast Asian Nations), the labour force is forecast to expand by 11,000 workers every day for the next 15 years. And yet, industrial robots now out-compete low-skilled manufacturing labour; artificial intelligence threatens ASEAN’s service jobs; and self-driving vehicles are already at work in Southeast Asia, according to the WEF.

Established in 1971 as a non-profit foundation and headquartered in Geneva, Switzerland, the WEF is committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

– BERNAMA

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