VietNamNet Bridge - The price of previous-generation iPhones such as IPhone 6 and 6S continues rising, while the newer models have not changed in price. Luong Thanh Binh, a student in Hanoi, has been seeking a pink IPhone 6S Plus 64 GB for two weeks. Used iPhone 6 16 GB international version is now priced at VND3.8 million, while the 64 GB version is VND4.3 million, or VND300,000 higher than one month ago. RELATED NEWS iPhone X orders weak globally, but strong in Vietnam Locked iPhones no longer in great demand in VN Trong Dat … [Read more...] about Previous-generation iPhones in short supply, prices escalating
VietNamNet Bridge - The domestic market is being dominated by foreign brands, but Vietnam-made products are still available, targeting low-income earners. The domestic market is being dominated by foreign brands Do Thi Thuy Huong from the Vietnam Electronic Industries Association (VEIA) affirmed that the Vietnamese civilian electronics market is still full of potential in the eyes of foreign investors. Vietnam not only has a high number of potential consumers with total population of 90 million, but also has the electronic and refrigeration engineering product consumption level expected to rise from the current 7.3 percent to 11.9 percent. The development of Vietnam’s electronics industry heavily depends on multinational corporations, especially from South Korea and Japan, which make both finished products and electronic parts. Meanwhile, Vietnamese manufacturers, including large enterprises, develop slowly and only hold a very small market share. However, over … [Read more...] about What is the status of Vietnam’s electronics firms?
VietNamNet Bridge - Both state-owned and private businesses are eyeing aviation infrastructure projects, which are believed to bring high profits thanks to increasingly high travel demand. Private investors are eyeing aviation infrastructure projects In July, IPP Group opened the international terminal at the Cam Ranh International Airport, built with investment capital of VND3.735 trillion. The terminal has the capacity of 2.5-4.5 million passengers a year in the first phase of operation, which will increase to 6-8 million passengers in the second phase. According to the Civil Aviation Authority of Vietnam (CAAV), private investors have contributed capital to five aviation infrastructure projects, namely the Van Don and Phan Thiet Airports, and the terminals at Da Nang, Cam Ranh and Tan Son Nhat Airports. RELATED NEWS Unplanned airport project will be not be considered for investment $3.5b needed for expansion of Noi Bai Airport Mai Chi … [Read more...] about Aviation infrastructure promises attractive profits for investors
VietNamNet Bridge - An automatic garbage collector invented by Nguyen Quang Dieu, a fifth grader at the Vung Tau Bilingual Primary School, was displayed at the IYRC VIETNAM (International Youth Robot Competition) organized by STEM Education in early August. Nguyen Quang Dieu (middle) at IYRC Vietnam The student from Ba Ria – Vung Tau province began ‘playing’ with machines when he was two years old. At that time, the English learning machine the mother bought was a wonderful world for him. He insisted on using the machine daily. Dieu’s automatic garbage collector has many advantages. It can automatically define the way it has to go and collect garbage. The brush system installed on the machine will clean when the machine moves. RELATED NEWS STEM should be core to education system: expert STEM education can succeed at schools with poor conditions Thanh Lich … [Read more...] about Automatic garbage collecting machine invented by fifth grader
VietNamNet Bridge - Experts have warned about scrap imports heading for Vietnam as China has stopped importing some types of scrap. The Ministry of Industry and Trade (MOIT) estimates that if the scrap imports cannot be blocked, the amount of money Vietnam has to pay for the imports would amount $1.7 billion. Making steel from steel scrap is an environmentally friendly technology, because this is a recyclable material. With the production method, the power consumption and greenhouse gas emissions are just equal to one-fifth of the cost of making steel from iron ore. RELATED NEWS Customs agencies tighten scrap imports as paper, steel manufacturers complain Scrap imports into Vietnam surge Nam Hai … [Read more...] about VN Steel Association insists on importing scrap steel, raising concerns about environment risks