Under the detailed zoning plan of Decision No.3655/QD-BGTVT, a total of 10 ports located along the Saigon River have to be either removed, have their functions changed, or kept unchanged until their licences expire. VICT is not included on the list of ports to be removed by the Ministry of Transport until its land leasing licence expires in 2034 VIR’s Bich Ngoc asked Glenn Kong Wai Keong, general director of First Logistics Development Company, operator of one of the ports located along the Saigon River, about his point of view on the issue. What is your view on Decision 3655, which will remove some ports and change others’ functions? Glenn Kong Wai Keong I understand that the relocation of river ports into areas close to the sea coast to compensate for the lack of channels and passages is part of the government’s seaport master plan. The relocation of ports to the areas of Cai Mep-Thi Vai and Hiep Phuoc means not only the construction of new … [Read more...] about Saigon River ports plan how to stay afloat following new rules
Closed questions to ask customers
Companies in Vietnam have experienced fierce competition over the last few years, both qualitative and quantitative. Many have been forced to close down while others are still in business but struggling to move forward. The question is how to make a brand not only sustainable but also grow in value in the context of fierce global competition and rapid digitalization. There are many approaches to answering this question. Here I note the three key driving forces for brands: digital transformation, globalization, and brand leadership. In my observation, these forces help grow a company’s brand value if implemented successfully. Customer-centric digital transformation Unlike in the past, customers now have many brand choices for a particular product in Vietnam. Let’s take bakery goods for example. Customers would have previously mentioned Kinh Do in the south or Hai Ha in the north, but today they may name a long list of bakery brands: Top Cake, Tous Les Jours, ABC, … [Read more...] about How best to maintain brand value?
A legal expert has weighed in on a recent dispute between a Hanoi woman and a GrabCar driver whom she accused of having taken her daughter’s purse that she claimed to have left in his vehicle by accident. According to D., who spoke to Tuoi Tre (Youth) newspaper on Wednesday afternoon, her daughter N. had hailed a GrabCar ride from Kim Ma Street to Ciputra International City in the Vietnamese capital on Monday. It was not until a few minutes after the driver had dropped N. off at her destination and driven away that the high school senior realize she had forgotten her purse in the vehicle, the mother said. The purse contained around VND10 million (US$440) in cash among other important personal papers, D. claimed. When her daughter tried to reach the driver via his phone number available on the Grab application, the number was out of service, she said. D. added that she had also tried using different phone numbers to call the driver but none of them could get through. … [Read more...] about What to do when you think you’ve left something in Grab, Uber cars in Vietnam?
A recent survey conducted by Vietnam Chamber of Commerce and Industry (VCCI) has apparently revealed that fewer firms are paying bribes to customs officers. Fewer firms are paying bribes to customs officers The Vietnam Chamber of Commerce and Industry (VCCI) published the survey on November 21 at a conference on customs procedures. The survey was compiled by the VCCI, Vietnam Customs and US Agency for International Development, with 3,123 enterprises from April to June. 36% of enterprises said without bribes the procedures would be deliberately prolonged and they would be asked for more documents, including harassment through having to meet demands which aren’t even legal. 35% refused to comment and 28% admitted that they bribed customs officers. The quality of work provided by the customs official was only rated as average. Head of VCCI's Legal Department Dau Anh Tuan said 57% of questioned firms in 2012 admitted to giving bribes. The figure … [Read more...] about Survey claims reduced bribery in customs in Vietnam
Volkswagen named company veteran Matthias Mueller as its chief executive on Friday as the German carmaker struggles to get to grips with a crisis over rigged diesel emission tests that its chairman called "a moral and political disaster." After a marathon board meeting at its headquarters in Wolfsburg, the world's biggest automaker said Mueller, the 62-year-old head of its Porsche sports car division, would replace Martin Winterkorn, who resigned as CEO on Wednesday. As Mueller took the helm, however, Germany's transport minister announced the carmaker had manipulated test results for about 2.8 million vehicles in the country, nearly six times as many as it has admitted to falsifying in the United States, pointing to cheating on a bigger scale than previously thought. Volkswagen, for generations a model of German engineering prowess, is under huge pressure to take decisive action over the biggest business-related scandal in its 78-year history. "Under my leadership, Volkswagen will do … [Read more...] about Volkswagen picks company veteran to tackle emissions crisis