Vietnam boasts a number of successful young female CEOs in both large companies and smaller concerns. Ms. Tan Thi Shu, a 32-year-old ethnic H’mong woman and single mother, has been able to turn her dream of helping her people into reality. She founded and is now Director of the Sapa O’Chau Travel Social Enterprise, the first tourist company run by H’mong ethnic minority people in Lao Chai commune under the community tourism model, with a top priority of creating jobs and learning opportunities for local children. From left: Vascara CEO Le Canh Bich Hanh, Sapa O'Chau Director Tan Thi Shu, and Koh Samui Hut founder and director Nguyen Ha Linh. “I want to change the conception that it is useless for a H’mong girl to receive an education because she will marry at a very early age and work all day in the fields but still live in poverty,” Ms. Shu said. Sapa O’Chau was established in 2007, with O’Chau in the … [Read more...] about Women breathing life into business dreams
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Editor Note: Stivi Cooke is an Australian expat who has lived in Hoi An Ancient Town, located in central Vietnam, for six years. … [Read more...] about Traditional markets or high-end shopping centers for Vietnam?
Criteria for recognition of high-tech agriculture zones The Prime Minister has signed a decision on criteria and procedures for recognition of high-tech agriculture zones. The recognised zones are centralised production areas in which high technologies are applied to produce one or several agricultural goods which ensure high yield, quality and added values and be friendly to the environment, according to the Vietnam Government Portal. Production and consumption activities are part of the value chain in which enterprises and co-operatives are indispensible. Applied technologies must be advanced, biological, environmentally-friendly ones that help elevate added values to agricultural products. The technologies must also be applied in industrial scale to improve farming effectiveness, raise products’ values and elevate the productivity. The hi-tech agricultural zones must have suitable natural conditions and technical infrastructure to facilitate production. The Municipal and … [Read more...] about BUSINESS IN BRIEF 1/1
Local property market continues strong recovery in November The Housing and Real Estate Market Management Department under the Ministry of Construction reported that the Hanoi property market in November gained a year-on-year increase of 11 percent with 1,550 successful business transactions. In the first 11 months of this year, successful transactions in the capital city's property market showed a year-on-year surge of 80 percent with 17,750 transactions. Meanwhile, the number of successful transactions in the HCM City property market in November reached a year-on-year high of 23 percent with 1,600 units, while it gained a year-on-year increase of 92 percent in the first 11 months of this year with 17,050 successful transactions, the department reported. During the first 11 months of this year, the total value of property inventory on the national market reached 53.24 trillion VND (2.37 billion USD), a reduction of 3.04 trillion VND against the first 10 months of this year. Tran … [Read more...] about BUSINESS IN BRIEF 27/12
Farmers face obstacles selling organic foods Organic agriculture is a production system that sustains the health of soil, ecosystems and people, according to the International Federation of Organic Agriculture Movements (IFOAM). Nguyen Thi Lien, owner of the Tue Vien organic farm, told the Kinh te do thi (Economics and Urban) newspaper that as farmers do not use fertilisers or chemical plant protection substances to grow organic crops, they need varieties that can resist pestilent insects. The State should invest more in research on strains for the cultivation of organic vegetables, Lien said. Hoang Thi Hau, chairwoman of the Thanh Xuan Commune Farmers' Association in Hanoi's Soc Son District, said that customers' demand for organic vegetables is greater, but expanding the cultivation area is difficult. Farmers need more training on the growth of organic vegetables as well as funding to expand their cultiva tion area. The Ministry of Agriculture and Rural Development should … [Read more...] about BUSINESS IN BRIEF 15/1