Redmi to launch new phone

Kido Group will launch a new retail store chain

The project will have an initial investment capital of VND100 billion($4.35 million), 61 per cent of which will be held by Kido. Kido has yet to disclose further information about the chain besides the announcement on the Ho Chi Minh City Stock Exchange.

It is speculated that the new retail store chain will serve Kido’s ice cream and beverage businesses as Kido is holding the leading position in the ice cream market.

The company’s 2020 annual report updated last month said that alongside key products such as ice cream and cooking oil, the group aims to create a product ecosystem built on two pillars, including essential food and frozen food with 450,000 and 120,000 points of sale nationwide, respectively. Accordingly, Kido will continue to monitor and quickly grasp market trends, research, and launch new products in line with new consumer trends.

Last year, Kido announced its return to the confectionery market, five years after the mergers and acquisitions deal with Mondelez International. The company plans to develop key product lines and make new venture like snacking, mid-autumn cakes, fresh cakes, and even coffee.

Meanwhile, Kido and Vinamilk have also set up the joint venture Vibev. The new venture will roll out healthy non-carbonated soft drinks to the market in 2021.

Kido is expected to achieve a net revenue of VND11.5 trillion ($500 million) and pre-tax profit of VND800 billion ($34.78 million) this year, up 38.2 and 91.5 per cent, respectively, compared to 2020.

Popular designer Cong Tri has just introduced his new Autumn & Winter 2021 collection, which highlights material processing techniques.

China’s move at this moment might go unnoticed at a time when the world focuses on fighting the coronavirus.

China has launched two research stations on Vietnam’s Truong Sa (Spratly) islands in the South China Sea when the world is busy with fighting the new coronavirus.

Da Chu Thap (Fiery Cross Reef) in Vietnam’s Truong Sa islands. Photo: CSIS/AMTI

The research facilities that are set up on Da Chu Thap (Fiery Cross Reef) and Subi Reef in Truong Sa are “under the Integrated Research Center for Islands and Reefs of the Chinese Academy Sciences (CAS), feature a number of labs on ecology, geology and environments,” according to China’s state-run Xinhua News Agency.

The CAS planned to “promote innovation capability and the supply of public service products of marine science and technology to meet the needs of both China and other littoral countries around the South China Sea.”

China in recent years has transformed reefs and islands into outposts equipped with harbors, airstrips, missile shelters, communications facilities, expanding its ability to monitor its and rivals’ activities in the South China Sea of which Beijing’s claims cover more than 80%.

Filipino Inquirer quoted maritime security expert Collin Koh as saying that the launching of the two new research centers by China at this time is a significant development.

“Some may think that the ongoing coronavirus pandemic would have distracted Beijing from these maritime flashpoints,” he said.

Koh believes China will remain consistent in its activities in the disputed waters. However, because of the pandemic that has swept across the globe, its actions might go unnoticed.

“The world is likely to overlook such developments given their priority focus on the virus. This should apply to the other South China Sea parties too,” Koh said.

Vietnam’s Fiery Cross Reef was invaded and occupied by China on January 22, 1988 and started building outposts from the end of February 1988, Senior Colonel Pham Cong Phan, a Vietnamese retired army officer told Thanh Nien newspaper.

From late 2013 to 2014, China expanded the reef to make it the largest manmade island in Truong Sa archipelago. Currently, the reef has underground facilities that can accommodate large vessels, Thanh Nien reported.

AkzoNobel’s new Dulux EasyClean product aims to meet Vietnamese consumers’ need for enhanced protection

Dulux EasyClean Chống Bám Bẩn Kháng Virus is a premium water-based emulsion from the reputable performance and protection range. It is equipped with Silver Ion technology which provides a protective layer on the walls, effective against the growth of certain bacteria and viruses.

In addition, Dulux EasyClean Chống Bám Bẩn Kháng Virus comes with Active Stain Repellent Technology which prevents and delays common household liquid stains from penetrating into the walls. The stains include sodas, fruit juices, dark soy sauce, as well as stains created by mud, highlighter, and chalk. Besides being water-based, it also contains all the advance features of Dulux’s premium interior paints such as anti-mould, colorguard, smooth finish, as well as being low in odour and volatile organic compounds (VOC). In addition, they have been granted the Singapore Green Label certification.

“Health and well-being are important considerations for Vietnamese people and more consumers are seeking products made with the highest safety standards which contribute to their overall well-being. That is why we are continuing to drive innovation in this segment with the latest launch of Dulux EasyClean Chống Bám Bẩn Kháng Virus. It not only protects your walls from stains but also inhibits the growth of certain bacteria and viruses on the walls. Silver ION technology alongside the Active Stain Repellent technology can turn any interior space into a safer environment for the whole family,” said Pamela Phua, general director of AkzoNobel Decorative Paints Vietnam.

The paint is now available at authorised Dulux retailers nationwide with more than 2,000 colour options to choose from.

The outbreak of the COVID-19 pandemic has taken a heavy toll on socioeconomic development in the world and in Vietnam.

BAC A BANK offers a new programme for businesses using its app

However, seen from a positive angle, the pandemic has been giving opportunities for banks to increase digital transformation in the context of growing demands for smart financial solutions with no use of cash, and the public habit shifting from offline to online transactions.

Currently in the market, many banks are prioritising upgrading and perfecting technology in service of e-payment infrastructure and applying attractive policies to help customers improve their experience and maximise their benefits.

Rolling with this trend, BAC A BANK has been offering a preferential programme on installing its app for enterprise customers, running from June 1 to December 31.

The beneficiaries of the programme are divided into three groups.

The first group includes the first 500 new businesses, opening customer information files (CIFs) after the programme start.

The second group includes BAC A BANK’s existing business customers who have yet to register Internet Banking and Mobile Banking.

Meanwhile, the third group embraces individual customers who are directors or chief accountants of the enterprises listed in the first and second groups.

Accordingly, BAC A BANK will allow customers to use the money transfer service via e-bank free-of-charge for two years for the first group of customers and one year for the second and third groups.

In addition, to offer more diversified experiences to customers, BAC A BANK also provides a free-of-charge service for opening nice account numbers for the customers of the first and third groups. These accounts are believed to bring good luck to customers.

In the time to come, BAC A BANK will continue carrying out promotion programmes for faithful customers over the past years.

For further information, please contact BAC A BANK’s transaction offices throughout the country, or visit www.baca-bank.vn or Customer Care 1800 588 828.