Vietnam In Focus
Vietnams mobile phone users reach 30m Vietnam's mobile phone users have recently topped 30 million. And in a country with the population of nearly 86 million people, the number of mobile phone users is expected to increase at a rapidly accelerating rate. This is conferring to a survey done by the Ministry of Information and Communications on the countries current usage of Internet, fixed landlines and mobile phones.
Titan the robot arrives to Vietnam Vietnamese industrialists and visitors were the first Southeast Asia to meet with Titan, the world famous entertainment Robot. Titan came to Vietnam to perform at the exhibition of Metalex and Nepcon Vietnam 2011, in Hochiminh city from October 6th to 8th.
First Vietnamese bank sets a footprint in EU On September 6, the Vietnam Joint Stock Commercial Bank for Industry and Trade (or VietinBank) inaugurated its office in the German city of Frankfurt, becoming the first Vietnamese bank to open a branch in Europe.
Masan consumer seeks to control Vinacafe Vietnams VN-index experienced quite a jump at closing on September 6 when it increased 0.1% after a mass sell off. The hike coincided with the announcement of an acquisition offer by Masan Consumer Corporation to Vinacafe Bien Hoa. Vinacafe Bien Hoa Joint Stock company, a unit of Vietnams second-biggest coffee exporter, said it received a 51m $ takeover bid from Masan Consumer Corporation as it targets the increased local consumption.
What could be solutions for nylon-bag waste? There are about 7000 tons of nylon waste disposed every day in the country but only 0.5% of which is properly recycled. And the rest are wrongly treated by being buried under the ground which could soon become a serious environmental issue. This is according to a recent report published by the Ho Chi Minh citys department of natural resource and environment.
Pho & Goi cuon make the worlds 50 best dishes Vietnamese Pho and Goi Cuon, or Summer Rolls, have made the worlds 50 most delicious food, after CNNGo surveyed the world to reach its determination.
VN luxury brands regain domestic market share Economic development often introduces luxury brands previously unavailable in the local market. In Vietnam, this market sector has long been dominated by foreign brands. However, over the past few years, many Vietnamese entrepreneurs have successfully built their own premium brands. The following story has more about how Vietnamese luxury brands are claiming domestic market shares.
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