Ha Noi to host Japan IT festival (01-09-2008) HA NOI — As many as 130 enterprises from Viet Nam and Japan are expected to participate in the "Japanese Information Technology Festival" in Ha Noi from September 3-4. Organisers said the festival will include an exhibition on Viet Nam-Japan IT co-operation, and seminars on co-operation in IT human resource development, business and technology. The Ministry of Information and Communications will also hold a seminar for software enterprises. A series of cultural activities highlighting Japanese culture, as well as Vietnamese calligraphy will take place during the event. Since 2003, nearly 50 Vietnamese IT firms have entered the Japanese market. Some of them have earned all their income through exports to Japan. According to the Japan Information Technology Service Industry Association (JISA), Viet Nam is now the top software developer for Japanese enterprises, surpassing both China and India. Viet Nam is considered one of the 20 most … [Read more...] about Ha Noi to host Japan IT festival
Top it consulting firms
The assessment was made by the multinational consulting firm in its 10th annual Global Entertainment & Media Outlook 2009-2013. Based on the report, entertainment and media sectors in Việt Nam are expected to have the fastest growth rate of 16.7% in the next five years. The growth will mainly stem from big surges in Internet services (up 20.9%), advertisement (10.9%) and individual consumption (16.1%). According to PriceWaterHouseCoopers, the economic growth as well as improved infrastructure (multi-channel services, broadband Internet, mobile phones) are the major driving forces for the development of entertainment and media industries in Việt Nam. Though seeing a threefold increase in terms of market value from 2004 to 2009, the industries still have huge potentials for greater boom, said PriceWaterhouseCoopers.The firm forecasted that the rising of Internet services, TV advertisements and cable-TV subscriptions will continuously help Việt Nam's entertainment and media to rocket. … [Read more...] about VN tops the world’s entertainment and media market
For centuries the sea has proven to be a rich source of both food and income, particularly for coastal inhabitants. Whether it’s fisheries, or more recently, tourism, coastal provinces believe that marine-related industries deserve top priority. Indeed, marine-related industries such as oil and gas, fisheries, shipbuilding and tourism, account for nearly 50% of the nation’s GDP.Yet conservation is a relatively new concept in Vietnam, which poses many challenges to a Government led initiative to establish a network of marine-protected areas (MPAs).While the benefits of MPAs are not immediate, the creation of such areas threatens the livelihood of coastal communities."MPA waters will be closed to fishing, which would lower the income of local fishermen," said Nguyen Giang Thu, director of MARD’s (Ministry of Agriculture and Rural Development) Sustainable Livelihoods in and around MPAs (LMPA project)."The first three to five years would be difficult. only when fish … [Read more...] about Can Vietnam protect its marine environment?
The world's leading brand valuation consultancy firm conducts valuations based on a number of criteria, including the ability to generate added value and profits, the brand’s influence on clients’ selection of products and services, and the market cap. According to the ranking, the brand value of Vinamilk accounts for 23% of the leading Vietnamese dairy group’s value, which currently reaches US$5.001 billion. In addition, at the price of VND107,000 a share, Vinamilk ranks No. 2 for capitalisation on Vietnam’s stock market, after the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank, at over VND126 trillion). The next positions on the chart belongs to military-run telecom group Viettel (US$580 million), Vingroup real estate firm’s Vinhomes (US$343 million), mobile network operator MobiFone (US$306 million) and PetroVietnam Gas (US$288 million). Combined, the 50 brands are valued at a total of about US$5.5 billion. The banking system … [Read more...] about Brand Finance: Vinamilk tops 50 brands, worth US$1.14 billion
Vinamilk is the leading trademark of Vietnam in the list of 50 biggest valuable trademarks in Vietnam announced by Brand Finance Valuation Consultancy Firm (UK) in early last October. 50 Vietnam leading brands are valued a total of $ 5.5 billion USD. In which, the biggest valuable brand is Vinamilk with worth more than $ 1.1 billion USD, almost double the brand stand behind the list. This is the first time Vietnam brands are included in the list Brand Finance brands assessed annually. Vinamilk was founded in 1976, after nearly 40 years, it is the largest dairy company in Vietnam with a market value of nearly 6 billion dollars and is considered the leading listed profitable company compared to shareholders and medium- and long-term investors. Recently, Prime Minister has decided to quit the entire 45.1% capital at Vinamilk hold by SCIC State representatives. Scale of SCIC at Vinamilk is worth about $ 2.7 billion USD - has attracted the attention of domestic and foreign investors … [Read more...] about Vinamilk led Top 50 biggest valuable trademarks of Vietnam