Saigon: A city on motorbikes

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The first sound anyone living in Ho Chi Minh City might hear each morning is unlikely to be that of a rooster, but rather that of a motorbike accelerating, be it from afar or just next door.

Statistics from the Ho Chi Minh City Department of Transport reveal that in March 2017, there were 7.3 million motorbikes in the city.

Data from the General Statistics Office of Vietnam (GSO) shows that the city’s official population in 2016 was 8.3 million.

The rationale

With US$700 to $2,000, even Saigonese earning average incomes can afford a brand new bike.

Keeping one is also economical. With a week’s worth of gas costing around $3.5, parking costing around 22 cents, and $25 or so for year-round maintenance, it might amount to an annual expenditure of around $200, still modest compared to the average annual income per capita of $5,400 for Saigonese, according to GSO figures.

Bikes are parked along the street with riders sitting on them. Photo: Tuoi Tre

The choice of motorbikes is also based on multiple factors. Some would prefer a huge trunk with sufficient in-scooter space to store their stuff, be it a schoolbag with a laptop or other belongings.

Buyers might also choose between automatic or manual gear, with female riders tending to prefer an automatic ‘hop-on-and-ride’ version more manageable.

But it is the flexibility of a motorbike that makes it tick.

Tien, a university lecturer in his late 20s residing in Binh Thanh District, gets through his day using his 15-month old scooter.

He rides his two-wheeler to buy a loaf of bread only 500 meters away, to hit the barber’s about one kilometer away, and to buy his wife some bubble tea from around the corner.

Riding his scooter, he can stop wherever he wishes: at a roadside convenience store, or at a vendor on the street.

There are also detours he can make as his vehicle is allowed on all public roads, with the exception of the pedestrian precinct in District 1.

Street peddlers at work. Photo: Tuoi Tre

This kind of flexibility can also result in uniquely Vietnamese scenes: a brand new Yamaha Classico carrying up to three adult passengers, a decades-old ramshackle Honda Wave struggling under gigantic piles of stuff firmly fastened round the backseat, or a generous scooter driver leg-pushing his fellow rider with mechanical problems through a sea of traffic.

Street vendors also cling onto vehicles, selling all kinds of products directly from their backseat, like banh mi (Vietnamese sandwich), porridge, ice-cream, rice paper cakes and coffee.

However, too much flexibility can give rise to recklessness. Every minute or so there is a motorcyclist steering into a car lane, overtaking by a hair’s breadth, maneuvering on the pavement, jumping the lights, turning without signaling, and making illegal U-turns.

Parking: another winning point

Compared with car drivers, motorcyclists are at a huge advantage regarding where, how, and when to park.

Before locating the car keys to drive to the city center for some weekend fun, car owners might well already be pondering their parking options, as this can be a frustrating experience.

A man rides a ramshackle motorbike pulling bags on a cart as part of his daily job. Photo: Tuoi Tre

In Saigon, as Ho Chi Minh City is still called by many, motorbikes have the upper hand. Riders have the tacit privilege of parking at will: on the pavement, in the middle of the road, in front of a street-side coffee shop. The distance between parking and destinations, therefore, becomes minimized.

On the pathways of parks and riverside public spaces, parked bikes prove even more functional: they can serve as seats for couples going on low-cost dates.

The foreigner experience

Foreign visitors to Saigon might find themselves staring at death’s door.

Eric, one 35-year-old American who has lived in the city for three years, tells of his first day finding his feet around the southern city: “I was thrilled. But my wife was scared to bits.”

“It was a bit hard to figure out where those scooters were going, but after a while I learned that no one was going to hit us,” he adds.

When asked what advice he would give to fellow foreigners, he laughs: “Keep calm and go with the flow. Blend in with the Saigonese motorcyclists and you’ll see their bark is far worse than their bite.” Eric considers himself a competent rider.

Overseas visitors not familiar with the idea of balancing their way forward on a two-wheeler can put themselves to the test with ‘Motorbike for Rent’ services available everywhere in the downtown area, including the backpackers’ hub of Bui Vien Street.

Riders have to walk their bikes through knee-deep water in Ho Chi Minh City. Photo: Tuoi Tre

Vulnerable to weather

The bike is also an open-air travel option, which means riders are at the mercy of the weather conditions.

On a hot day, motorcyclists must bear the cramped sensation of wearing a helmet, while the harsh sunshine beats down on them, scorching hot air that strikes the face, and all the protective clothing, like shades, gloves, socks, coats, and all the usual gear that cover many ladies from top to toe.

Conversely, during the wet season, riders may end up wading and pushing their dead engines through ‘aromatic’ knee-deep water for kilometers.

Despite all these potential drawbacks, bikes in Saigon are here to stay.

Source: Duc Tien / Tuoi Tre News

Freelance tour guides claim Vietnam’s new tourism law railroads them into trap

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It looks like most of them will have no choice but to pay to join a new association if they want to work legally.

Freelance tour guides in Vietnam are railing against a new law that will ban them from doing their jobs independently from next year.

In order to continue working as tour guides, they will have to either secure contracts with authorized travel companies or tour agencies, or join the Vietnam Association of Tour Guides, which was established early this month, under the amended Law on Tourism.

Nguyen Nam, a tour guide, told VnExpress that not many travel companies are willing to hire tour guides as permanent employees because it means they have to pay them monthly salaries and cover compensation and benefits packages.

Lo Kim Tuyen, another tour guide, also said it is difficult to find full-time work for travel companies at the moment.

Only big companies can afford salaried tour guides, and small firms are only capable of hiring freelancers when people book tours.

Freelancers work for small companies like “mercenaries”, Tuyen said.

They also said there are huge numbers of freelance tour guides ready to work at any time, so small companies do not have to worry about running short of collaborators.

Official government data shows almost 90 percent of the 20,000 tour guides in Vietnam are freelancers.

“I think now it’s impossible for small companies to pay for permanent tour guides. It means freelance tour guides have only one choice left: pay the fee and join the tour guide association,” Tuyen said.

Tour guide Dang Thanh lamented the fees, which include VND500,000 ($22) to sign up and an annual payment of VND1 million to keep the association running, given the fact that freelancers do not have a monthly salary and usually work seasonally.

Under current regulations, freelance tour guides in Vietnam only need a license to operate, but the new law means they will lose their self-employed status if they want to work legally.

“I studied for four years in college before spending a significant amount of time and money on training to obtain my license to guide foreign tourists,” a tour guide who wanted to remain anonymous said. “But it looks like that license is nothing compared to the association’s membership card.”

Many freelance guides have said the law is trying to force them to join the association, which is unfair because they should have the right to decide whether they want to join or not.

According to the Vietnam National Administration of Tourism, the establishment of the association is “timely and necessary to help create jobs for freelance tour guides, support them and protect their benefits, as well as allow authorities to easily oversee tour their operations.”

In 1999, a degree guiding the implementation of Vietnam’s Tourism Ordinance said tour guides should be allowed to work freely, according to Vu The Binh, vice chairman of the association.

When the ordinance was upgraded to a law in 2005, the regulation was kept unchanged.

But since then the number of freelance guides has spiraled out of control, and cases of tour guides disappearing as soon as they’ve been paid or taking tourists to shops with inflated prices have been reported, he told Tuoi Tre (Youth) newspaper in a Monday report.

The association will allow tourists to offer both positive and negative feedback on their guides and that information will be available for visitors to view, he said.

Vietnam has selected tourism as a pillar of economic growth. At a meeting of the legislative National Assembly last month, Deputy Prime Minister Vuong Dinh Hue said Vietnam needs to stop relying on crude oil and focus on tourism to ensure its economic growth, saying mining output of fossil fuels has been falling for the past two years.

Now “it is better to welcome one million tourists than trying to find one million tons of crude oil because tourism is more eco-friendly and safe for the economy,” Hue said.

Official data shows Vietnam received more than 9.4 million foreign visitors in the first nine months of this year, up 28.4 percent against the same period last year.

Source: Vy An

Teenage Vietnamese boxer wins historic Women’s Youth World Championship silver

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Do Hong Ngoc will go down in history as the first-ever Vietnamese boxer to win a silver medal at the AIBA Women’s Youth World Championships, after a brave final match in India on Sunday night.

Ngoc, 17, was fearless in her bout against Shashi Chopra in the 57kg final in Guwahati, but that did not stop four out of the five referees eventually announcing home favourite Chopri the winner after three tough rounds.

The silver medal is a great achievement by the young Vietnamese woman, given her previous best result was gold at the 2017 Southeast Asian youth championships.

To reach Sunday’s finale, Ngoc defeated multiple strong rivals, including Turkey’s En Havanur, Martinez Roma Linda from the U.S., and China’s Hu Cailling.

The championships in India, hosted by the International Boxing Association (AIBA), attracted more than 150 boxers from 38 countries and territories, with ten divisions, from 48kg to more than 81kg.

Do Hong Ngoc, born in the Mekong Delta city of Can Tho, was the only Vietnamese representative, making her achievement even more special.

Source: Tuoi Tre News

​Kirin Holdings says considering buying stake in Vietnam’s Sabeco

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Kirin Holdings Co is considering buying a stake in Vietnam’s largest beer maker, Sabeco, a spokesman for the Japanese beer maker said on Monday.

The Vietnamese government is due to publish details soon of a divestment plan for its nearly 90 percent stake in Saigon Beer Alcohol Beverage Corp, as the brewer is formally called.

Kirin Holdings will determine how big a stake it wants to buy once the details of the sale are disclosed, the spokesman said.

Sabeco, valued at $9 billion at current prices, has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman Vo Thanh Ha said.

Source: Reuters

​Binh Duong accelerates development of smart city

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Close cooperation between the state, educational institutions and businesses is the backbone of Binh Duong’s master plan to turn the province into a ‘smart city’.

On Monday, the Binh Duong administration and the Dutch Consulate General in Ho Chi Minh City launched the Binh Duong Smart City Summit 2017, which is expected to attract more than 1,000 representatives from both domestic and international enterprises, as well as universities and research institutes.

The summit will brief delegates on the latest Binh Duong Smart City developments which began in 2016, and open discussions on action plans and next steps in its implementation.

The event will also feature a business forum and an exhibition of technology and innovation, aimed at attracting investment and smart city development solutions.

Binh Duong authorities said the key to its successful development was to mobilize resources from both the state and private sector, via a model built around three main arms; government, educational institutions and private firms.

Searching for breakthroughs

On the sidelines of the Binh Duong Smart City Summit, an app development contest is being held at the Eastern International University, seeking breakthrough community applications.

Hundreds of high school and college students have participated in the contest, with winners granted investment to establish startups in the area.

A ‘startup incubator’ has been inaugurated at the Eastern International University campus, offering a 2,000-square-meter work space to encourage innovation.

Nguyen Thanh Trung, a specialist at the incubator, said the facility does more than just offering a work space for young people who “dare to dream and dare to do.” What is more important is to create an environment that connects innovative ideas and encourages young people.

In close proximity to the ‘startup incubator’ is a lighting lab, funded by the Netherlands.

Phan Van Vinh, a university lecturer and a staff member at the lab, said most streets are less frequented by commuters after midnight, so a smart lighting system that can automatically turn on and off or adjust its own level can reduce energy costs by 40-50 percent.

Mai Hung Dung, standing deputy chairman of the Binh Duong administration, said educational institutions, including universities and research institutes, are one of three key factors, besides the state and private enterprises, in finding solutions and unearthing breakthrough ideas in smart city development.

Binh Duong is only 20 years into its development but the province is already considered an active location, with foreign investment worth billions of dollars every year, according to Dung.

The province is now home to some 3,000 foreign enterprises, with a total registered capital of more than US$30 billion.

However, turning these huge investments into an overall improvement in locals’ standard of living is important, Dung said, adding that the solution rests with the implementation of a smart city scheme.

Students are seen at the lighting lab at the Eastern International University in Binh Duong, southern Vietnam. Photo: Tuoi Tre

Mobilizing social resources

According to the Binh Duong administration, the concept of a ‘smart city’ is all about smart solutions that serve local citizens.

The administration will therefore create programs and mechanisms that allow universities and research institutes to achieve specific targets and cooperate with the state, rather than wait for investment from local budgets.

Peter Portheine, program director for the Netherlands-based technology firm Brainport, a partner of the Binh Duong Smart City Scheme, said the Dutch city of Eindhoven had harnessed cooperation between the state, educational institutions and private enterprises in its own smart city a few years ago.

Strong cooperation between the three parties allowed Eindhoven to form a robust business community capable of employing various technologies to improve productivity. Consequently, Eindhoven’s GRDP regularly outstrips that of other Dutch cities.

Nguyen Van Hung, general director of Becamex IDC, run by the Binh Duong administration, said that while Binh Duong and the southeastern region are Vietnam’s most active economic zones, there are unresolved issues including several delayed development projects and poor traffic infrastructure.

Citing one example, Hung said that 60-70 percent of goods manufactured in Binh Duong are being transported to both Ho Chi Minh City and deepwater seaports in Ba Ria-Vung Tau and Dong Nai Provinces, however the roads are overloaded and regularly marred by congestion.

In addition, Binh Duong remains connected to these provinces via the Dong Nai and Saigon Rivers, but it is not easy to utilize sea transport, given the rocky reefs surrounding the former waterway, and low bridge clearances.

Ba Ria-Vung Tau is currently home to the Cai Mep-Thi Vai seaport, and the new Long Thanh International Airport will be developed in Dong Nai.

“How to transport goods smoothly from Binh Duong to these two provinces, and vice versa, is a problem the Binh Duong administration must solve in its bid to create a smart city,” Hung said.

Soure: Tuoi Tre News

Vietnam brewer Sabeco gets strong response at Singapore investor roadshow: chairman

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The sale has attracted interest from investors seeking access to one of Asia’s most-promising beer markets.

Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman said, as the government moves closer to finalizing a stake sale in the $9 billion maker of Bia Saigon and 333 brews.

Vo Thanh Ha said the government is due shortly to publish details of a divestment plan for its nearly 90 percent stake in Saigon Beer Alcohol Beverage Corp, as the brewer is formally called, as part of a lengthy fund-raising exercise.

The sale has attracted interest from brewers seeking access to one of Asia’s most-promising beer markets, which is already the second-most profitable for Dutch brewer Heineken NV (HEIN.AS). Vietnam’s per capita beer consumption is forecast to become one of Asia’s highest within the next couple of years.

The sale could also provide a template for more planned privatizations including that of peer Habeco BHN.HM.

“We met a number of very high-profile investors – strategic investors and industry players,” Ha said in an interview in Singapore.

“We’ve received very good feedback from investors that they consider Sabeco as an extremely good company with high potential to grow,” Ha said, in comments translated from Vietnamese by an adviser for the roadshow.

Attendees at the Singapore roadshow included representatives of Japanese pair Kirin Holdings Co Ltd and Asahi Group Holdings Ltd, said Ha, who has been chairman for two years. He said representatives of Vietnam’s Ministry of Industry and Trade were also present.

“The divestment is on schedule. The government will be publishing the plan to divest very soon,” said Ha, speaking in a private bus en route to Changi Airport.

The roadshow will next move to London and Ho Chi Minh City this week.

The government said this month it aims to complete a stake sale in December, though it has yet to disclose a size or price. Complicating the process is a near-trebling of Sabeco’s share price over the past year to 318,800 dong ($14), compared with a 40 percent rise in the benchmark index VNI to 10-year highs.

“The price is determined by the market,” said Ha, when asked to comment on the surge.

Some investors said a small free float has inflated Sabeco’s market value.

Sabeco dominates Vietnam’s beer market where its main rivals are Heineken and state-owned Hanoi Beer Alcohol & Beverage JSC BHN.HM. Heineken owns 5 percent of Sabeco.

Sabeco expects the introduction of premium products to help it maintain a market share of 40 to 42 percent over the next two or three years, Ha said.

Soure: Mai Nguyen

Conference seeks ways for Italian products to enter Vietnam

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Vietnamese consumption trend, potential customers and competitive capacity of Italian businesses were discussed at a conference held in Turin, the capital city of the Piedmont region in northwest Italy on November 24.

The event provided crucial information for Italian firms who are interested in the Vietnamese market and especially those are exporting agricultural products and food which are strengths of the Piedmont region.

Vietnamese Ambassador to Italy Cao Chinh Thien updated participants on the latest information about the Vietnamese market while appraised efforts made by the Italy-Vietnam Trade Chamber in promoting trade and investment between the two countries.

According to Walter Cavrenghi, General Secretary of the Italy-Vietnam Trade Chamber, a delegation of businesses from Piedmont will study and seek investment opportunities in Vietnam in March 2018.

Talking with the Vietnam News Agency’s correspondent, President of the Chamber Fulvio Albano said that his organisation will continue to sustainably enhance trade and investment between businesses from Italy and Vietnam.

On the occasion, the Vietnamese ambassador visited some agricultural production establishments in the Piedmont region.

The same day, Thien worked with leaders of the Italian Social Security Administration in Piedmont. They agreed that Vietnam and Italy can share experience in social insurance management.

He lauded the administration’s initiative to organise a meeting to popularise information about insurance’s benefits, responsibilities and regulations among Vietnamese people working and studying in the locality.

Source: – VNA

Nonstop Da Lat–Bangkok flight set for December launch

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The first-ever direct flight connecting Vietnam’s Central Highlands city of Da Lat and the Thai capital of Bangkok will be commenced next month to celebrate the 2017 Da Lat Flower Festival, low-cost carrier Vietjet said Friday.

Commencing on December18, the new service will be operated by an Airbus A320 with four return flights per week on every Monday, Wednesday, Friday and Sunday, Vietjet said in a press release.

The flight departs at 10:30 am from Bangkok and returns at 12:55 pm from Da Lat with a flight time of one hour 45 minutes.

Booking is already available at the airline’s website, with one-way fares starting from only VND68,000 (US$3), excluding taxes and charges.

“The new service will be launched just before the Da Lat Flower Festival and I am delighted that people from [Vietnam and Thailand] now can travel conveniently to enjoy their neighboring country’s sceneries even more through our expanding flight network,” Vietjet vice president Nguyen Thi Thuy Binh said.

The Da Lat-Bangkok service totals the number of direct routes between Thailand and Vietnam, operated by Vietjet and Thai Vietjet, to six. The existing routes are Bangkok to Hanoi/Hai Phong/Ho Chi Minh City/Da Lat and Ho Chi Minh City to Phuket/Chiang Mai.

The Da Lat Flower Festival will be held from December 23 to December 27.

Source: Tuoi Tre News

Uber-inspired Vietnamese start-up wins golden ticket to Silicon Valley

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The start-up competition paints a bright picture for the country’s young ecosystem.

Ten aspiring Vietnamese start-ups went head-to-head on Thursday at the final of UberEXCHANGE, a nationwide competition offering a $4,400 prize and two tickets to visit Silicon Valley.

Logivan, a two-month-old start-up, emerged as the winner with its plan to ‘Uberise’ Vietnam’s road freight market.

“From my house I can see lots of empty trucks returning to their depots after completing their deliveries,” said CEO Linh Pham. “It’s a huge problem.”

The start-up already works with 300 trucks and ships up to 28,800 tons of freight per year.

Logivan hopes to step up in the giant market that will be worth an estimated $9 billion in 2017.

“If you bought something, a truck brought it!” the slogan says.

Last year, the Vietnamese government set a target of reaching one million new firms by 2020, turning the country into a start-up nation.

In the cozy conference room, both experts and competitors were positive about the country’s start-up scene.

“People say that Vietnamese start-ups are not tech-related, and that might have been true a few years ago when most people were focused on commercial start-ups,” Nguyen Thi Thu Van, board member and vice president of the Vietnam Youth Union, told VnExpress International.

“But this year we’ve seen two clear tech trends: bio and information technology.

“I don’t think the government’s target is out of reach,” Van continued. “Since the plan was announced, remote provinces like Kon Tum have been the most supportive for start-ups.”

Diep Que Anh, head of communications for Uber Vietnam, shared Van’s optimistic view.

“We’ve seen a number of them reaching international markets in their very early stages,” Anh told VnExpress International. “So I think there’s a lot of reasons to be optimistic and excited about.”

Vietnam, particularly its biggest economic hub Ho Chi Minh City, has long been known to the global tech market as an outsourcing haven, but the nation is yet to register on the global startup map.

In the Global Startup Ecosystem Report 2017 released by U.S. research organization Genome, Ho Chi Minh City was not mentioned in its top 20.

Geektime, one of the biggest tech blogs that focuses on global innovation, estimated the number of tech start-ups in Vietnam stood between 1,400 and 3,000 in 2016, making the country the third largest ecosystem in Southeast Asia. However, around 95 percent of start-ups die within 3-5 years.

But Vietnam’s start-up spirit, its young, tech-savvy generation, and recently, ambitious leadership, make the country an attractive new ecosystem.

What Vietnamese start-ups are missing is access to experienced professionals.

“Even the best teams we’ve seen today don’t have the necessary presentational and persuasive skills,” said board member Van Nguyen.

“It helps to receive mentorship from successful startups to learn about management skills,” Van stressed.

Diep Que Anh, head of communications for Uber Vietnam, offered more advice.

“It’s always important to understand the landscape in which you are competing,” Anh said. “They need to look regionally and globally, not to solve just Vietnam’s problems.”

Despite all these problems, Phan Nguyen, CEO of another finalist, said it was a good start. “It’s good to see the quantity first, then the quality will improve.”

Uber’s Que Anh agreed.

“If these are the indications, then the future is very bright,” she said

Source: Trang Bui

Should Vietnam build a cable car system in its cave kingdom?

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We invite readers to debate the pros and cons of a cable car project and mass tourism in Phong Nha-Ke Bang National Park.

*This debate was originally posted in August. We’re reposting it following the latest news on the cable car project, with a Quang Binh Province official saying that abandoning it will be a “waste of natural resources”.

Vietnam’s internet community was abuzz over the weekend following news that Prime Minister Nguyen Xuan Phuc has endorsed a controversial cable car project into the country’s world-renowned cave kingdom.

Unlike previous plans, this one does not include the world’s largest cave Son Doong. Instead it will run 5.2 kilometers (3.2 miles) from a section of the Ho Chi Minh Highway to En (Swallow) Cave, which was catapulted to global fame when it was aired live on U.S. talk show Good Morning America in May 2015.

En Cave, a feeder to the world’s largest cave Son Doong in Phong Nha-Ke Bang National Park, stretches 1,645 meters into the mountain and has been named one of the most captivating caves on earth by National Geographic. It is also believed to be the world’s third largest cave, according to CNN.

The cable car controversy in Quang Binh started in 2014 when the province announced plans to build a $212-million gondola lift into Son Doong.

Widespread opposition, including an online petition signed by thousands and concerns from UNESCO, eventually prompted the government to ask the province to scrap the project.

So why is Quang Binh so intent on building a cable car system?

Supporters of the cable car say it will make it easier for tourists to explore the cave, giving local tourism a much-needed boost that would increase revenue and create jobs.

On average, Quang Binh residents earned VND28.72 million ($1,263) last year, much lower than the national average of $2,200. Natural disasters are common in the central province, and last year’s Formosa toxic spill left many in the fisheries and tourism sectors unemployed, spurring applications to work abroad. Tourism revenue in 2016 fell 12.9 percent from the previous year while the number of visitors plummeted by 29.4 percent.

Vietnamese officials say it could take central Vietnam a decade to completely recover from the environmental disaster.

Should Phong Nha – Ke Bang’s majestic caves be open to all?

Proponents of cable cars say they afford opportunities for the elderly and disabled, and not just able-bodied people, to visit more remote beauty spots.

Phong Nha – Ke Bang is home to over 300 caves and grottoes that date back some 400 million years. Around 30 caves are already open to visitors. You need to be an experienced trekker to visit the likes of Son Doong and En Cave, but there is already something for everyone. Paradise and Phong Nha caves are spectacular in their own ways and don’t require any trekking experience.

How much exploitation is too much?

Prime Minister Phuc said that although the idea has raised widespread eyebrows, he and government agencies “agree in principle” to the plan. He said the project must “not interfere with the heritage site nor be overexploited”, asking the culture and tourism ministry to assess the project’s possible impacts and consult UNESCO on the matter.

UNESCO has already voiced its concern over Phong Nha – Ke Bang’s integrity as a world heritage site, which “could be threatened by further uncontrolled tourism developments, notably by the proposed construction of a cable car and access roads.”

According to UNESCO, all projects need to ensure that “the natural landscape, geologic and geomorphic values, and key features such as primitive forests, caves, rivers and streams within the inscribed area remain intact.”

The national park is also included in the Special National Heritage List (2009), and the Special Use Forest system (1999). It is protected by a number of national laws and government decisions, which prohibit any action inside or outside the boundaries of the national park or a World Heritage property that may have a significant impact on heritage values.

Given that economic interests have all too often eclipsed limited environmental safeguards in Vietnam, critics have reasons to doubt the transparency of the environmental impact assessment for the cable car project.

Source: Editorial

Samsung dismisses labor abuse claims in Vietnam

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Samsung said a sample size of 45 female workers is insufficient to conclude its workers suffer from health problems like fatigue, dizziness and miscarriages.

A new report has revealed a series of health and workplace violations at Samsung plants in Vietnam, but the South Korean tech giant has categorically rejected the claims.

The study, which was released early this month, reported “serious” labor code violations at an industrial giant that is one of the leading investors and employers in the country.

45 female workers reported extreme fatigue, fainting and dizziness at work, and said that miscarriages were extremely common, according to the study by the Hanoi-based Research Center for Gender, Family and Environment in Development (CGFED) and IPEN, a global network of environment and health NGOs.

They also said that workers, including pregnant women, were required to stand for the entire 8-12 hour shifts or face a pay cut. They had limited breaks and had to ask to use the restroom.

Many are rostered on alternating day and night shift shifts, regardless of weekends, they said.

Workers said they had experienced problems with their eyesight, nose bleeds and stomach aches, as well as joint and leg pains.

No workers have received copies of their contracts, which is mandatory under Vietnamese labor laws, according to the report.

Samsung Electronics operates two cellphone plants in Bac Ninh and Thai Nguyen in northern Vietnam, which produce around half of all the cellphones that Samsung supplies to the global market.

The plants, which had 149,000 staff as of the end of April, made $36 billion last year, accounting for 68 percent of all revenue from the country’s electronics industry, which is the highest grossing sector in Vietnam.

Joe DiGangi, IPEN’s Senior Science and Technical Advisor, said that the study is important because the lives and rights of workers in the electronics industry in Vietnam have been “neglected”.

“Companies make a lot of money in Vietnam, but their profit rests on the tired shoulders of the female-majority workforce,” he said.

But Samsung in Vietnam has dismissed all the findings, saying that any concerns about the conditions of its workers are “groundless”.

In a statement responding to the study, Samsung Electronics Vietnam said it “regrets” that the CGFED and IPEN had conducted the study without visiting its factories.

It said the two units “had unitarily published a report with information that completely was not based on truth.”

“The company always tries its best to ensure its workers’ health, safety and welfare, and all its business operations strictly follow Vietnamese laws and global standards,” it said.

Regarding miscarriages, Samsung Electronics’ communications director Ryu Kil Sang told VnExpress the sample size of 45 is too small to draw a convincing conclusion, given that 4,000 of its employees are currently pregnant.

“With a report that only surveyed 45 people to then conclude that miscarriages are common, without indicating a rate, I don’t understand how much ‘common’ is,” said Sang. ”

In the past 20 years of operations in Vietnam, no Samsung employees had been exposed to chemicals in its factories, he added.

“In factories that assemble mobile phones in Vietnam, workers only do the job of assembling. No activity requires exposure to toxic chemicals,” said Sang. “In the assembly lines, we only use detergents like alcohol to clean equipment, which is not harfmul to human health.”

The company added that its workers get 10 minute breaks every two hours and an hour long break for meals. There are no limits on using the rest rooms, and all employees have a copy of the labor contracts.

Mai Duc Chinh, vice chairman of the Vietnam General Confederation of Labor, agreed with Samsung, calling the report unofficial. A sample of 45 cannot be representative of 160,000 Saumsung workers in Vietnam and thus the issues raised by the report are “incorrect”, he said.

Inspections conducted by the Ministry of Labor, Invalids and Social Affairs at the beginning of 2017 found only three violations at Samsung’s two factories, far below the common rate of 10-12 in the electronics sector. Samsung’s violations had to do with exceeding the overtime limit by 30 hours each month, inappropriate shift allocations and lack of hygiene training for over 13,600 workers.

“Violations by Samsung Vietnam as claimed by the IPEN report are non-existent based on the labor ministry’s evaluations,” said Nguyen Tien Tung, the ministry’s chief inspector, adding that the ministry has no plans to inspect Samsung Vietnam in the wake of IPEN’s allegiations.

Tung said that exceeding the overtime limit is a common violation among FDI companies and the ministry has asked the government to extend the limit to 600 hours for export businesses.

The International Labor Organization (ILO) in Vietnam said it hadn’t discussed this matter with the government as it had not received a letter from the labor ministry. The ILO, however, highlighted the fact that multinational companies are responsible for respecting for labor rights and health and safety standards in the countries they operate in.

Nguyen Thi Van Ha, chairwoman of the labor union in Bac Ninh, also said that she was unaware of any mistreatment at Samsung.

“The working environment at Samsung is very good. I just hope more companies can do the same,” Ha said, as cited by Tuoi Tre.

“We need to look at the study carefully.”

Vu Duy Hoang, chairman of the labor union of Thai Nguyen, where Samsung employs more than 60,000 people, said that Samsung had invested in its workers by building boarding houses, medical centers and kitchens.

Samsung was Vietnam’s biggest exporter last year, earning $39.9 billion in revenue from shipping electronics and contributing 23 percent to Vietnam’s total export revenue. It currently runs six factories in Vietnam, and exports products to 52 countries.

Source: Staff Reporters

HCMC starts ‘smart city’ transformation, but locals have their doubts

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The reality is the plan and all it promises seems a distant dream for some residents.

Ho Chi Minh City has started implementing a masterplan to transform the southern metopolis into a ‘smart city’ by 2020, but local residents don’t seem to be too enthusiastic about the news.

The move follows Vietnamese legislators’ decision on Friday to give the city more decision-making power to boost its development, including authority over land management, investment and public spending.

The goal of this ambitious ‘smart city’ plan is to solve the problems the city is facing, including rapid population growth, unstainable economic growth, inadequate forecasting, planning and management, poor health, education and transport, pollution and weak public administration.

It will focus on creating a better living environment for the city’s residents.

According to the plan, HCMC’s residents will gain access to low-cost power, convenient public transport, good healthcare services and schools, fresh air, clean water and diverse recreational activities, while being guaranteed a low crime rate.

Workers will be offered basic services in terms of infrastructure to ensure a competitive edge in the global market, such as broadband internet, clean, stable and cheap energy, opportunities to study and affordable living space.

The “smart city” plan will also allow the city’s government to make the best use of its resources, thereby improving the quality of services for its people and future generations.

Locals and businesses will be able to complete administrative procedures online instead of wasting time in government offices waiting for the final seal of approval.

The plan also promises “advanced tools” for better management that will prevent state officials from causing problems for residents and businesses.

The same solution will be applied in public hospitals, allowing patients to book appointments and services online.

In order to make the plan work, the city will have to spend time building a database that covers infrastructure, the population and public and private investment.

Although the plan seems to be painting Saigon as some kind of utopia, its residents are skeptical.

VnExpress readers’ reactions to the plan when it was first announced last month were cycnical, saying it was macroscopic and unfeasible.

“If the plan can save the city from floods, it’s already halfway to success,” read a comment from Truong Luong.

Lan Nguyen said the plan is putting forward “millennial goals” for HCMC, while Nguyen Thanh said citizens could only “dream” about what the plan promises to achieve.

Source: Trung Son

Vietnamese programmer hints at Flappy Bird return

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Flappy Bird father Nguyen Ha Dong has provoked curiosity and speculation from his Facebook followers with leaks showing that he is working to bring the smash-hit mobile game back with a new design.

The Vietnamese app developer wowed some 5,600 followers on his Facebook on November 18 by posting a photo, apparently a screen grab of a mobile game, showing four characters, including Faby, the hero of Flappy Bird.

“I’ve done a lot of attempts to make pixel art characters look good and mordern in today world. And I finally stick with this [sic],” Dong captioned the photo in English.

The background of the game features a row of houses and two utility poles with electrical wires, something typical of streets across Vietnam.

One commenter asked below the photo whether the new game would see four players compete against one another, but Dong, apparently jokingly, responded in Vietnamese that he “has no idea.”

On Monday, the Hanoi-based app developer continued to ‘leak’ another screenshot of the game, showing a flying cow against the same background as in the previous photo. Dong only captioned the screen grab #mycowsoft.

Again, the app developer did not reply to any of the curious comments below the photo.

But the leaks have sown hope among diehard fans of Flappy Bird that they will soon be able to play the next generation of the addictive game.

Dong Nguyen, who turned 32 earlier this month, originally released Flappy Bird in May 2013 but only shot to fame in January 2014, when his game topped the Free Apps chart in the U.S. and Chinese App Store. The mobile game, featuring 2D retro style graphics with pixilated characters, ended January as the most downloaded app on the App Store.

In early 2014, Dong said in an interview with The Verge that the game was earning around US$50,000 a day in revenue through in-game advertising.

When the game became a global phenomenon, Dong abruptly pulled it from both the iOS and Android app stores, dismaying fans around the world.

Flappy Bird has since remained being played as a legacy game by those who were lucky enough to install it on their devices before the discontinuation.

However, on September 20, Dong told his Facebook followers that the original Flappy Bird app was no longer playable on newer iOS versions, from iOS 11 onward.

“Thank you very much for your playing and supports in the last 4 years [sic],” he wrote.

In the post-Flappy Bird era, Dong continues to make mobile games through the game studio .GEARS, which he founded in 2012, but none of them have been able to attract as much fame as Flappy Bird.

Source: Tuoi Tre News

SE Asia Stocks-Most climb on upbeat data; Vietnam scales fresh multi-yr peak

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Vietnam shares jumped 0.6 percent to their highest since 2008.
Most Southeast Asian stock markets firmed on Thursday, with Indonesia climbing about 1 percent after a six-session losing streak and Vietnam scaling a fresh peak in nearly a decade, as upbeat U.S. and regional economic data boosted sentiment.

Broader Asian equities gained after data showed that underlying U.S. consumer prices increased in October and retail sales grew more than expected, highlighting strong economic growth.

The data is seen as setting the stage for a December rate hike by the Federal Reserve, an event largely factored in already by investors, and as raising the prospects for further monetary policy tightening.

“US PPI (Producer Price Index) was a big beat. Economists had expected an increase in October of 0.1 percent but instead, the print showed a bounce of 0.4 percent which lifted the year-on-year PPI to 2.8 percent from 2.6 percent and against expectations of a 2.4 percent,” Greg McKenna, chief market strategist at CFD and FX provider AxiTrader, wrote in a note.

Regionally, the Philippine economy grew at a faster-than-expected pace of 6.9 percent in the third quarter, supported by strong industrial output and services, the statistics agency said.

Philippine shares climbed 0.1 percent, with real estate stocks leading the gains.

The Philippine government is optimistic about meeting its economic growth target of 6.5-7.5 percent for the year, the Economic Planning Secretary said in a statement.

The Indonesian index rose as much as 1.1 percent, marking its biggest intraday gain in two weeks, with the telecom sector accounting for most of the gains.

Indonesia’s central bank is expected to keep its key interest rate unchanged in its policy decision on Thursday, despite sluggish economic growth.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk inched 1.9 percent higher, and was the biggest boost on the index.

Vietnam shares jumped 0.6 percent to their highest since January 2008.

After signing two agreements in last week’s Asia-Pacific Economic Cooperation (APEC) summit to buy gas at home and from Indonesia, Vietnam could receive a significant boost to its natural gas supplies as soon as 2023, aiding expansion in its power and petrochemical sectors.

The deals could give gas field development across Southeast Asia a much-needed push after a slump in oil and gas prices in 2014 slowed investments.

Meanwhile, Malaysian shares declined 0.1 percent to an eight-month low, with health care and telecom stocks leading the losses.

IHH Healthcare Berhad was down 0.7 percent, while banker CIMB Group Holdings Berhad fell 0.2 percent.

 

By: Reuters

​Vietnam’s HDBank IPO offers 20 pct stake to raise up to $300 mln

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Vietnam’s Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) is holding an initial public offering (IPO) to foreign investors this month for up to 20 percent of the company that could raise up to $300 million, a bank official said on Wednesday.

HDBank, as the lender is commonly known, is a retail bank whose vice chairwoman is Nguyen Thi Phuong Thao, the billionaire founder and chairwoman of Vietjet Aviation , Vietnam’s largest private airline.

The bank would offer each foreign investor a less than 5 percent stake through the IPO and plans to list on the Ho Chi Minh Stock Exchange in early 2018, Le Thanh Trung, HDBank’s deputy general director, said in a written note to Reuters.

“HDBank expects to sell 20 percent shares to raise around $300 million and later list on the Ho Chi Minh City stock exchange in early 2018,” Trung said in the note.

“We want to be a leading retail digital bank in Vietnam in the next five years,” he said.

Under Vietnam’s financial regulations, a stock exchange listing and initial public offering are separate steps and a listing may come months after an IPO.

The bank has been focusing on individuals and small and medium enterprises to help grow its profits by an average of 35 percent a year in the past five years, while profits are expected to grow about 25 percent annually in the coming years, Trung told Reuters in a separate, face-to-face interview on Nov. 9.

HDBank has 4.5 million individual customers and around 25,000 small- and medium-enterprise clients, Trung said. He added the bank has access to a pool of 20 million people that are clients from Vietjet Aviation and HD Saison, its customer finance joint venture with Japan’s Credit Saison Co .

HDBank expects its net profit before tax at 2.4 trillion dong ($105.66 million) this year, Trung said, or a jump of nearly 110 percent from 2016.

Source: Reuters

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