Bài đăng

Game on Mobile Phone Industry in Vietnam

Hình ảnh
About 3-4 years ago, the world’s game industry is undergoing a very big transformation, witnessing the rise of mobile gaming which outperformed the traditional platforms such as PC or console. In Vietnam, the gaming industry also falls in line with the world trend, many new companies or even large organization had developed mobile game. In 2015, internet users in Vietnam reached 45 million, accounting for 48.4% of the total population of 93 million. The smartphone users reached 24 million, accounting for 25.8% of the total population, of which 9.3 million of mobile gamers and players loaded fee rate was 45%, reaching ARPPU index (average revenue average per player) is $ 27.71 (619.000 VND). Until the end of 2015, the number of smartphone devices in Vietnam has reached $37 million, accounting for 52% the total number of mobile devices in the country. It can be seen from the General Statistic Office that from 2012 to 2015, 10 million devices have entered Vietnam’s market each year. Besid...

Contracts Signed When President Obama Visits Vietnam

Hình ảnh
  There have been series of cooperation contracts that are signed between the AmCham (American Chamber of Commerce in Vietnam) members and Vietnam businesses after the first day that President Barack Obama visits Vietnam. On the trip to Vietnam of President Obama, AmCham and VCCI jointly organized the corporate event in Hanoi. At the event, the signing of agreements between member companies of AmCham and Vietnamese partners are took place. In particular, the signing of treaties on climate change and clean energy includes 7 records: – Memorandum of GE on the development of 1000MW of wind power: Estimated that in 2025, there will be 1,000 megawatts from wind power projects. With that capacity, wind power will be enough to supply for 1.8 million households in Vietnam over the next 10 years. – Agreement on nuclear safety training: US will help Vietnam to train the human resources, equipped with the knowledge of nuclear procurement, design and build factories, licensing and safety check...

4 Types of IT Services Have to Be Licensed

Hình ảnh
According to the draft decree on information technology (IT) services that the Ministry of Information and Communication (MIC) is conducting the community consultation, among 54 types of IT services, there will be 4 types of IT services have to be licensed by the MIC to be allowed to provide services. 4 types of IT services include: port service to search for information online; refurbishing, recycling and renewing series of hardware products and electronic products; data center service; cloud computing service. All the 4 types of IT services have to meet certain conditions such as: full capable of finance, human resources, technical facilities serving for the establishment, management and operation of the system of equipment, hardware, software, technical infrastructure, machinery to meet the requirement and appropriate to the type and scale of IT services that are applying for permit; have plan for providing service, have evaluation of the impact of provision of service, in accordanc...

Thai Billionaires and M&A Activities in Vietnam

Hình ảnh
  The billion-dollar acquisitions of Thai billionaires have brought Thailand to become a formidable force in  M&A activities in Vietnam  and Asia. Big C Vietnam has fallen into the hands of billionaire Tos Chirathivat – the boss of Central Group (Thailand) from Casino Group (France) for 1.05 billion USD. In 2015, this group also spent about 100 million USD to acquire Nguyen Kim – the leading retailer in the electronics market. Recently, the Group also spent 10 million USD to acquire the business segments in Thailand and Vietnam of Zalora (belongs to Global Fashion Group of Rocket Internet Corporation). Previously, billionaire Charoen Sirivadhanabhakdi – owner of TCC Holdings (Thailand) spent 655 million Euros to buy 19 centers and relating real estates of Metro Cash & Cary Vietnam. Also, Berli Jucker (BJC), a subsidiary of TCC Holdings also acquired Family Mart Vietnam. Especially, along with the acquisition of Metro Cash & Carry Vietnam, billionaire Charoen S...

Private Hospital Projects Attract Foreign Investment

Hình ảnh
After many domestic investors failed to invest in the construction of private hospital, from 2014 until now, especially in the first months of 2016, there were many foreign investors interested in this area. Recently, a US delegation composed of more than 40 representatives from US leading hospitals, pharmaceutical companies, medical equipment companies, research institutions and medical training institutions came to offer Ho Chi Minh City (HCMC) leaders, as well as with the 175 Military Hospital to join hands and develop the private health sector under the health socialization policy of HCMC till 2020. According to the chairman and founder of the worldwide health service network company, they want to invest in Vietnam medical sector. If so, in addition to investment in infrastructure and equipment in the public – private cooperation model, investors also need to invest in manpower training and hospital management model to operate more efficiently. According to the Director of the HCMC...

India Interested in Vietnam’s Power and Renewable Energy Projects

Hình ảnh
On November 2nd 2016, the Deputy Prime Minister of Vietnam had a meeting with Indian Industry Federation, led by Mr. Naushad Forbes, President of the Federation and Chairman of Forbes Mashall Pvt Ltd, came to visit Vietnam. According to Mr. Naushad Forbes, currently, Indian companies are investing and developing infrastructure and thermal power projects in Vietnam, such as Long Phu thermal power project and through the business forum of the two countries, the two sides are also interested in seeking opportunities to invest in Vietnam in the field of renewable energy, information technology, adaptation to climate change and many other areas. Representatives of the enterprises under the Indian Industry Federation expressed their confidence in the political, economic and trade relationship of the two countries. They suggested that the two-way trade turnover currently stands at 5 billion USD are still low and not commensurate with the potential of the two countries. Furthermore, the Indian...

President of Ireland visit Vietnam and Promote Investment

Hình ảnh
  President Michael D. Higgins has begun a State visit to Vietnam to promote cooperation with Vietnam and encourage Irish businesses’s investment and  setting up companies  in various sectors, including trade – investment, education – training, green technology, wind energy, agriculture, health and sustainable development. Vietnam and Ireland trade turnover has grown strongly in recent years (particularly for first 9 months of 2016, which reached USD 798 million, more than 3 times compared to the same period of 2015). Vietnam agrees to create favorable conditions and encourage enterprises Ireland to  set-up company in Vietnam  to promote trading, technology transfer, especially in the areas of investing in renewable (wind) energy projects, agriculture and food processing, information, communication, medical, and aviation…, especially in the context of the free Trade Agreement between Vietnam and the EU is about to be signed and implemented. The two sides also ag...