Consumers shop at a Vinmart store in Hưng Yên Province. Việt Nam retail market needed a comprehensive development strategy to ensure on-tract development of domestic trade. — VNA/VNS Photo Phạm Kiên Viet Nam News HÀ NỘI — Việt Nam’s retail market needs a comprehensive development strategy to boost domestic trade, experts said at a conference in Hà Nội yesterday. The retail market has seen significant developments in recent years, but the industry lacked a development strategy which resulted in lack of connections between market participants, said Lê Xuân Đình, editor-in-chef of Tạp chí kinh tế và dự báo (Economic and Forecast Magazine) which organised the conference. Vũ Vinh Phú, chairman of the Hà Nội Supermarkets Association, said that the development of information and technology would improve the productivity of … [Read more...] about VN retail market needs a development strategy
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The "Duck Stop" is located near the Phong Nha - Ke Bang Cave in Quang Binh Province. It has become a very popular destination of late. Western tourists enjoy a duck massage. Photo courtesy of Bianca Yorke - Davies The Duck Stop Farm is a brainchild of 20-year-old Tran Van Quynh. The owner of the 120 ducks has also named the farm "Duck Heaven". Quynh guides visitors for the first attempt at getting the duck massage, on how to hold a handful of seeds in their cupped palms and allow the ducks to munch them. The experience is similar to the famous fish massage in Thailand where people put their legs in water tanks full of small fish that nibble at the skin. Robyn, a tourist from Poland, said she’d never laughed so much. "I never thought I would be chased by hundreds of ducks. It felt great to have them massage me," she said. Tourists also have the opportunity to become a "leader" of hundreds of ducks. The "Duck Leader" section is introduced soon after tourists … [Read more...] about If it looks like a duck…and massages like a duck…
Following the chaos that occurred outside the My Dinh Stadium the Vietnam Football Federation (VFF) might switch to selling tickets online if Vietnam enter the semi-finals. Despite the cold and rainy weather on Sunday, fans queue up patiently outside the stadium. Some had even arrived the day before. A barrier was installed by security officials two hours before the counters opened at 8 a.m. But the barrier collapsed as thousands of people jostled and shoved. Luckily there were no injuries. This woman waited in the line since 7 p.m. the day before. She scaled the fence but couldn’t get down because there was no space left on the ground to put her feet. A person could buy up to four tickets. After one hour, all 9,000 tickets were sold out. The VFF said 1,000 organizations and associations had demanded some 60,000 tickets while the stadium’s capacity is only 40,000. The tickets are priced at VND150,000, 200,000, 300,000, 400,000 ($6.46, 8.62, 13, 17). The match is … [Read more...] about AFF Cup: This is what anticipation looks like in football-crazy Vietnam
Global powers were racing Tuesday to reach the outlines of a deal to stop any Iranian bid to develop nuclear weapons. AFP / by Jo Biddle | EU's foreign policy chief Federica Mogherini (L) and Iranian Foreign Minister Mohammad Javad Zarif wait for the opening of a plenary session on Iran nuclear talks in Lausanne, Switzerland, on March 31, 2015 The "framework" accord is meant to be fleshed out into a comprehensive agreement packed with complicated technical annexes by June 30 to end more than a decade of tensions with the Islamic republic. Here are the possible contours of such an agreement, which Iran and the so-called P5+1 -- Britain, China, France, Germany, Russia and the United States -- have been negotiating since late 2013. The goal: To reach a verifiable comprehensive agreement that limits Iran's ability to harness enough fissile material to build a nuclear bomb. Breakout time: World powers want to cut Iran's ability to build an atomic weapon to a "one-year breakout time." That … [Read more...] about What an Iran nuclear deal could look like
Kyoei Steel is working hard to buy Vietnam Italy Steel (VIS) shares while VIS is operating at a loss, raising the question - what does the Japanese steel producer expect to gain from a loss-making firm? What does Kyoei hope to gain from loss-marking Vietnam Italy Steel? Most recently, Kyoei registered to purchase an additional two million shares of VIS. The transactions are expected to be carried out between July 19 and August 16, 2018. Once successful, Kyoei will increase its ownership in VIS to 70.42 per cent from the existing 67.7 per cent. In early July, Kyoei completed the purchase of another two million VIS shares via the put-through method to increase its stake in VIS to the current 67.7 per cent. Kyoei became the strategic partner of VIS in late 2017 after buying more than 14.7 million shares, or 20 per cent ownership, from previous shareholder of VIS – Thai Hung Company. In May 2018, the Japanese firm purchased another 33.2 million VIS shares from Thai … [Read more...] about What does Kyoei hope to gain from loss marking Vietnam Italy Steel?