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by e.vnexpress.net Leave a Comment

V-pop prince trends with new music video

‘Muon Roi Ma Sao Con’ (It’s Late, But…) was on YouTube Premiere one day before its release and attracted over 660,000 views.

It crossed one million views within seven minutes on air and 2.5 million views after 45 minutes to rocket to the top of YouTube Trending in Vietnam.

On Facebook and other forums, his fans shared the MV and exhorted people to replay it over and over to get more views for their idol. Fan groups even sought to break the record of his previous MV by playing the new one on multiple devices like laptops, tablets and phones.

The MV is about a guy who has a crush on a woman, which makes him stay up all night and daydream all the time.

Composed and mixed by Son Tung himself , it is a dreamy-catchy R&B and pop song.

In a livestream with fans on April 24, the 27-year-old singer performed the song live and spoke about the inspiration behind it, saying: “Everybody is a fool when they are in love and I’m no exception. It makes you lose control and think about the one you love all day.”

Tung has a slew of hits and many accolades under his belt, including an MTV Europe Music Award and inclusion in the 2018 Forbes 30 Under 30 list in Vietnam.

by vietnamnet.vn Leave a Comment

Start-up grows as trend among college students

Start-up has become a trend among youngsters with driving ambition. Some, though still in college, have started their business out of their actual studies.

These students from University of Science and Technology under University of Da Nang have cooperated with those from Da Nang University of Economics to commercialise an idea of aquaculture wastewater treatment. Their project has won first prize in a contest looking for business idea by German Business Association in Vietnam recently.

It seems that students in Da Nang understand so well that key for success in business is networking. Let’s take an example of this aquaculture wastewater treatment. Here students at the Chemical Engineering Faculty have reached out to Electrical and Electronic Engineering Faculty to ask for help in building an automated system as recommended by the contest’s judging panel. They have also cooperated with students from different colleges as implementing the project.

It could be seen that there are more and more students in Da Nang competing at national and international start-up contests. Their rankings in those competitions have been significantly improved recently.

Start-up, especially innovation start-up, has grown as a trend among students in Da Nang thanks to great efforts from both universities, local authorities, and especially students. They make us have more faith in Vietnam’s start-up movement./. VNA

by hanoitimes.vn Leave a Comment

Mixed view on stock market trend after four-day break

Positive sentiment among investors led to the expansion of three consecutive trading sessions by 20 points before the break, leading to the Vn-Index standing at nearly 1,240 on April 29.

The benchmark Vn-Index is forecast to maintain its upward trend after a four-day break [April 30-May 3], however, the recent Covid-19 resurgence in the country is posing risks that the market would enter a correction phase.

Investor at a securities firm in Hanoi. Photo: Viet Linh

Positive sentiment among investors led to the expansion of three consecutive trading sessions by 20 points before the break, leading to the Vn-Index standing at nearly 1,240 on April 29.

The decline of the stock market at the start of last week was merely seen as a technical correction to support long-term growth, noted the Bao Viet Securities Company (BVSC) in a note.

BVSC also suggested the fact that the Vn-Index successfully stayed above the 1,200-point supporting zone showed the market is in the accumulation phase before reaching a new height.

“Vn-Index could challenge the resistance zone of 1,268-1,275 in the first week of May, for which the market could subject to minor correction,” said broker Xuan Bach from BVSC.

While the driving force for market rise in the last few trading sessions of April came from stocks of major public firms, KIS Securities Company recommended investors to raise proportion of stock holding from firms in the Vn30 Index, formed by the 30 largest stocks in terms of market capitalization.

Phu Hung Securities Company also gave a similar view by advising investors to look for the most liquid stocks.

In another note, MB Securities Company stated as a number of stocks underwent a correction phase and at attractive value, saying “this is an appropriate time for investors to come in.”

The return of investment capital and positive business results of the first quarters from firms under Vn30 could limit the impacts from “Sell in May and Go Away” adage, referring to an investment strategy for stocks based on the theory that the stock market underperforms in the six-month period between May and October.

Meanwhile, brokerage experts warned investors should take into consideration the current Covid-19 situation before making investment decision, especially as the market witnessed major sell-outs in the previous three outbreaks.

Assuming the market did not have sufficient time to react when the first case was announced on the last day before the break, the market could subject to strong volatility in the next session tomorrow [May 4].

by vietnamnews.vn Leave a Comment

Analysts split on market trends this week

One of PVD’s offshore jack-up rigs. The company shares lost 6.2 per cent in market capitalisation last week. Photo PetroTimes

HÀ NỘI — Việt Nam’s stock market recorded strong fluctuations last week, but the VN-Index still gained overall.

With negative market breadth but higher liquidity, some analysts from securities firms expect the market to stay bullish while others said a downward trend might dominate going forward.

After falling more than 2.6 per cent in the first session last week, the market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) increased for three days in a row to hit 1,239.39 points last Thursday.

The market closed on Friday for the four-day national holiday.

For the week, the index jumped 1.94 per cent.

Meanwhile, the HNX-Index edged down in most sessions and finished last week at 281.75 points, though gains on Wednesday helped the index pare losses and post a small weekly increase of 0.38 per cent last week.

On the optimistic side, Viet Dragon Securities Corporation (VDS) said the rally has not ended yet. The gains mostly in large-cap stocks showed cash flow was looking for investments in these stocks.

The firm recommended investors follow big cash flows to seek better opportunities in the market.

Analysts from MB Securities JSC (MBS) were also optimistic about the market as with many stocks correcting and even settling near their bottom prices in the short-term, risk has been reduced.

“Therefore, selling activities in May are unlikely to happen as most companies in the VN30 basket released positive financial results in the first quarter of this year and cash is expected to return to the market after the long holiday,” MBS added.

According to BOS Securities Corporation (BOS), the VN-Index is heading towards 1,240 points with a positive demand force in the market and weaker selling pressure.

However, there is a possibility the market will stay flat in the next sessions, the securities firm said. Even though liquidity has improved over previous sessions, it was still lower than the 20-session average. This might lead the market to enter a struggling period at around 1,200 – 1,268 points in the near term.

BOS suggested investors observe the market’s reaction when it reaches 1,240 point-level, pay attention to the risks at this recovery level and consider holding positions rather than making new investments.

On the other hand, Saigon – Hanoi Securities JSC (SHS) predicted negative moves next week with a downward trend to dominate the market.

Last week, besides some blue-chips in banking, information technology (IT) and retail, other sectors all declined.

The IT group was the biggest gainer in market capitalisation last week, up 2.7 per cent, thanked to pillar stocks like FPT Corporation (FPT) up 4.1 per cent and CMC Corporation (CMG) up 0.3 per cent.

IT was followed by consumption and bank stocks with gains of 2.7 per cent and 2.5 per cent, respectively, in market capitalisation.

Meanwhile, gas and oil stocks posted the biggest losses, down 4.5 per cent with big stocks falling more than 6 per cent, such as PetroVietnam Drilling & Well Services Corporation (PVD) down 6.2 per cent, Binh Son Refining and Petrochemical Company Limited (BSR) down 7.8 per cent and PetroVietnam Technical Services Corporation (PVS) falling 9.4 per cent. VNS

by sggpnews.org.vn Leave a Comment

Trends, challenges to digital transformation in publishing industry

Recently, Director of the Authority of Publication, Printing and Distribution under the Ministry of Information and Communication Nguyen Nguyen has released some startling number that 30 percent of Vietnamese people read books regularly, 26 percent do not read books, 44 percent only read books occasionally.
Trends, challenges to digital transformation in publishing industry ảnh 1 Representatives of publishing houses talk about digital transformation in the sector (Photo: SGGP)

However,  up to 70 percent of Vietnamese people use the Internet. This towering number of people surfing the internet shows an irreversible trend of the urgent digital transformation.

Digital transformation also allows publishers to repurpose material by chunking it into modules, depending on the rights and licensing agreements. Additionally, metadata can help publishers optimize search capabilities so that it is easier to discover and use the content.
First printed in 2012, so far the book A hundred years of finite of Phuong Nam Book and Publisher Association of Writers by author Pham Lu An, a joint pseudonym of writers Pham Cong Luan and Dang Nguyen Dong Vy has been reprinted 30 times, with 300,000 copies.
Although the book has been well-received and it has gone straight to be one of the books on the best-seller list, the two authors have lately decided to empower Fonos, a copyrighted audiobook app that has just been on the market for nearly a year now, to add a new format to the work. In the coming time, some other works such as Lost in the world, Ways of childhood, Find me in the field of the two writers will also be transformed into audiobooks by Fonos.
Author Dang Nguyen Dong Vy shared that with the development of technology, readers have different habits of reading. Publishers ought to bring information, content and knowledge to readers; therefore, they need to take advantage of digital technologies to satisfy readers’ needs. Now, the book A hundred years of finite was published under three forms including paper book, Ebook (electronic book) and Audiobook. These three versions serve different needs of readers.
According to those working in the publishing industry, digital transformation is irreversible. As a matter of fact, readers no longer only read and absorb knowledge through paper books but they also enjoy e-book, Audiobook, Clipbook, and podcasts. After nearly 2 years of launch, the audiobook application Voiz FM has currently had more than 300,000 users with 2,000 books. Moreover, users of the application Voiz FM have paid for more than 15 million minutes or averagely they pay about 2-3 million minutes per month.
In addition to audiobooks, WeWe Company, which owns the Voiz FM audiobook application, also has a Podcast, which can be considered as an audiobook format and a useful channel for book introduction.
Le Hoang Thach, CEO of WeWe shared that at first many people said that Vietnamese people will not pay for listening to books after hearing about the copyrighted audiobook plan. However, after two years, the money the company received from the audience has encouraged the company staff.
After nearly 10 years participating in the Ebook market, the Ho Chi Minh City General Publishing House has produced 3,000 books. Established in 2014, Waka Company has presently more than 3.2 million users and more than 13,000 e-books in the fields of business, skills, literature, science-technology, culture – society, for children. This company also constantly updates and supplements the best-seller books on the market of publishers, publishing companies, domestic and foreign authors.
According to Bui Xuan Duc, Director of the Library of General Science of Ho Chi Minh City, digital transformation is an inevitable trend now, especially when the development of Covid-19 is complicated which the government has imposed social distancing. The library has been digitizing rare and unique documents to serve users on different levels. The number of publications that we have digitized is about 10,000 copies excluding newspapers and magazines. Furthermore, some books are on the library’s website so that readers can read books at home.
Nguyen Thi Diem Phuong, Head of Sachweb Department of HCMC General Publishing House, said that the publishing house has produced 3,000 electronic books in ten years. The Ebook manufacturing process is extremely time- consuming whereas the price is cheap. Worse, she added that piracy has restricted the market of units making copyrighted e-books.
In addition, one inconvenience of the Ebook type is that there is not yet a shared app to serve the needs of readers to read e-books. Currently, each unit has its app, if readers want to read books of any unit, they must download these apps to their phones or tablets.
Diem Phuong admitted she has to download the apps of other publishing houses if she wants to read books. Accordingly, she has high expectations on the policy of digital transformation that management agency on the technology platform investment will create a common playground for all publishing houses to make e-books. There should be a platform, like an ecosystem where publishers and publishing houses put their e-books on it, readers just download a general app to read all books.
Meanwhile, Director of Omega Plus Book Company Vu Trong Dai said in order to quickly respond to the needs of today’s users, it is necessary to be more open to electronic publishing activities.
Director Dai said that previously, Minister of Information and Communications Nguyen Manh Hung introduced the program” Make in Vietnam” to encourage businesses, technology organizations and non-technology organizations to invest more in Vietnamese own products in this field.
According to Mr. Dai, the Minister’s call includes technology in the publishing sector. To have a breakthrough in publishing technology, state management agencies’ support in the publishing-media field is needed especially for fledgling start-ups.
The Authority of Publication, Printing and Distribution’s data also shows that there has been a positive change in the type of Ebook. Specifically, 213 electronic publications registered in 2018 and 2,050 publications were released with 1.5 million hits in 2020. The number of publishers goes up from five in 2019 to nine now.

By Ho Son – Translated by Anh Quan

by vov.vn Leave a Comment

Vietravel Airlines launches first travel guide on flights in Vietnam

Guides given out during flights can serve as tourism ambassadors and will be able to introduce facts about the various travel destinations to passengers, with a specific focus on their history and culture.

Most notably, the contents will be changed weekly and frequently updated to showcase new travel trends, destinations, and tips for passengers to have a good-quality travel experience.

Vietravel Airlines first launched commercial flights at the start of this year.

The carrier is currently deploying three modern A321 CEO airplanes to local destinations such as Hanoi, Ho Chi Minh City, Da Nang, Phu Quoc, and Da Lat.