A busy weekend market in town Hoang Phong As it is close to the backpackers quarter in HCMC’s District 1, the weekend market attracts many foreigners - PHOTO: NGUYEN QUY Saigon Central Market has emerged as an ideal gathering place for young locals and foreign tourists at weekends. Located at Zone B of September 23 Park in District 1, adjacent to HCMC’s quarter of international backpackers, the market is open from 9 a.m. to 9 p.m. on Saturday and Sunday. Guests can find a variety of dishes from Vietnam, Japan, Korea and Thailand, fashion items at various stands, and enjoy music performances. … [Read more...] about A busy weekend market in town
Businesses
PM meets representatives of Japan Business Federation
PM Nguyen Xuan Phuc and the Japanese business delegation The host leader spoke highly of KEIDANREN’s role in the extensive strategic partnership between Vietnam and Japan, along with the role of the federation’s Japan-Vietnam Economic Committee in enhancing the two countries’ economic, trade and investment cooperation.The Vietnamese Government and people attach significant importance to developing ties with Japan and pledge their utmost efforts to boost the strong and sustainable development of the relationship, he said, expressing his hope that Japan would soon become the largest investor in Vietnam.Kuniharu Nakamura, Co-Chairman of the Japan-Vietnam Economic Committee, said that Japanese businesses consider the Vietnamese market as holding a very important position with huge consumption strength and the two countries boast strong trade ties at present.Vietnam should step up improving its business climate and reinforcing the bilateral economic partnership, he … [Read more...] about PM meets representatives of Japan Business Federation
Small firms move headquarters to homes amid business slump
Many small enterprises in Hanoi have opted to move their offices to homes due to economic difficulties. Many companies moved their offices to home to cut expenses Office space has been moved to the homes of companies' owners or high-ranking staff. Many other enterprises are trying slim down or move to other places to lower costs. This has added to an increase in the number of empty offices in the capital. Nguyen Thi Dinh Street is home to over ten offices for lease. These were former headquarters of companies that have rented other places for less money, or even moved into homes. A real estate company which was headquartered at a villa on Nguyen Thi Dinh Street moved to the director’s house in My Dinh Commune. By doing this, the company saved about VND50 million (USD2,394) per month. When business was thriving, the company’s director decided to hired a villa in the heart of Trung Hoa Nhan Chinh. However, due to economic … [Read more...] about Small firms move headquarters to homes amid business slump
PM hails Keidanren’s role in improving business climate
PM Nguyen Xuan Phuc welcomes a delegation of the Japan Business Federation at the Government Office in Ha Noi on December 8, 2017. Photo: VGP The delegation, led by Kuniharu Nakamura and Hideo Ichikawa, Co-Chairmen of the Keidanren’s Japan-Viet Nam Economic Committee, came to Viet Nam to attend a meeting to review the sixth phase of the Viet Nam-Japan Joint Initiative. During the sixth phase lasting from August 201 6 to December 2017, as many as 28 policy dialogues were held between Vietnamese and Japanese businesses.The Japanese side has put forwards many constructive policy recommendations, which have been acquired by concerned Vietnamese ministries and agencies to serve the refining of law and policy as well as the enforcement process.Specifically, 19 out of 32 items identified to be done in the sixth phase have been carried out soundly as scheduled, covering services, support to small-and medium-sized enterprises, logistics-transportation … [Read more...] about PM hails Keidanren’s role in improving business climate
Fungus farm keeps ex-soldier busy
VietNamNet Bridge – Forty-three-year-old Le Ngoc Khanh from Dak Hrinh Commune in the Central Highlands province of Kon Tum quit his stable job as a teacher at a vocational school and started growing mushrooms in 2014.Being a novice in the business, Khanh enrolled in a training course to learn how to overcome the challenges. He now owns a 6,000-square-metre mushroom farm that yields tonnes each year. In 1998, after serving in the army, Khanh married and studied at the construction college in Ha Noi. After finishing his study, he returned to his hometown and worked as teacher in Dak Ha District and then a vocational training school.“The hard training in the army helped me to acquire independence, self-discipline and become more tolerant of the challenges in life,” said Khanh.In 2010, he visited some households expertly growing lingzhi mushrooms in Cu Chi District in HCM City. Khanh found lingzhi could bring high economic benefits and began to nurture a dream of … [Read more...] about Fungus farm keeps ex-soldier busy