Tom Evans, principal at consultancy and training company The Lûcrum Group and creator of the highly-acclaimed From Napkin to Revenue practice Having long experience in numerous industries, technologies, and international markets, how can you help startups and entrepreneurs in Vietnam improve their chances of success amidst stiffening competition? It’s a fact that over 80 per cent of new products fail. The number one cause for this high failure rate is that startups and entrepreneurs jump into creating new products or services before they understand if anyone other than them thinks they are a good idea and is willing to pay for it. To improve the chances of success in the market, entrepreneurs must ask themselves these three questions that are most commonly asked by investors: - Who are your customers? - Why will they buy your products? - How are you going to make money? From Napkin to Revenue is a practice of The … [Read more...] about The who, why, and how of your product
Why peanut allergy so common
Korean Air Lines said on Sunday (Mar 31) it has stopped serving peanuts as snacks to customers in response to a recent incident when two teenage brothers were unable to board a flight because of a peanut allergy. A Korean Air Lines (KAL) passenger jet takes off Seoul's Kimpo airport. (Photo: AFP/KIM JAE-HWAN) The brothers' parents said in media reports earlier this month that their sons were removed from a flight because the South Korean airline was unwilling to accommodate a serious peanut allergy. The brothers were travelling from Atlanta to the Philippines but were stranded in Seoul after Korean Air did not agree to a request to stop serving peanuts around the teens because the older brother has a severe peanut allergy, media outlets including USA Today and Good Morning America reported. Korean Air has had an assorted history with nuts in recent years, with its image tarnished by the infamous "nut rage" scandal of 2014. Chief executive Cho Yang-ho's eldest daughter, … [Read more...] about Korean Air stops serving peanuts after teens” flight disrupted by allergy
The Hanoitimes - Many South Korean travelers described an impressive experience in Vietnam, for them: “home away from home!” Vietnam opens tourism promotion office in South Korea Vietnam aims to pocket US$30 billion from tourism in 2019 The number of South Korean visitors to Vietnam in 2018 hit 3.48 million, a surge of 44.3% from a year earlier, continuing the upward trend over the past years. South Korean visitors in Vietnam Hanoi and Ho Chi Minh City are abuzz with Korean culture while beachside destinations like Danang, Hoi An, Nha Trang, and Phu Quoc are tailored for Korean tastes, according to both domestic and foreign media. Reasons attributed to the surge in South Korean visitors are as follows. Firstly, geographical proximity. It takes average five hours to get to Vietnam from South Korea. The short distance is a favorable condition for young people who can save time to enjoy their vacation in the country of both modern and … [Read more...] about Why is Vietnam so attractive to South Korean visitors?
n a sweeping speech at the World Economic Forum two years ago, President Xi Jinping argued that China was free trade’s greatest champion. Any attempt to stop the flow of capital, technology, goods, industries or people between economies "is simply not possible," he said. Then in January last year, President Donald Trump arrived at the Swiss ski village to deliver his own "simple message: There has never been a better time to hire, to build, to invest and to grow in the United States. America is open for business." Washington was committed to free trade, he said. But "we cannot have free and open trade if some countries exploit the system at the expense of others." Neither leader mentioned their superpower rival. But it was clear that in setting out their boundaries for how global trade should work, they were talking to each other. If the last year is anything to go by, neither much listened. And the fallout from their falling out is why there’s so much talk about Xi, Trump … [Read more...] about Why Davos is talking about the fight between two absentees
Viet Nam News by Hoàng Nguyên TRÀ VINH – On his 2,000sq m vegetable farm in Trà Vinh Province, Thạch Bảy was working to the tune of a revolutionary song playing on his old mobile phone. He was watering baby lettuce that had been planted a week ago on his farm in sleepy An Quảng Hữu commune Trà Cú District. “I love music. I usually listen to music while I’m working,” the 60-year-old said as he took out his phone from his front pocket. He and his wife, who grow lettuce, choy sum and Vietnamese spinach on their farm, once earned around VNĐ150,000 (US$7) per day from selling vegetables. Now, however, during the peak harvest season, he makes double that amount (VNĐ300,000) per day, thanks to a new automatic sprinkler system, which has saved irrigation water and reduced the number of working hours. “My work now can be done more quickly and easily. Before the sprinkler was installed, … [Read more...] about New automatic sprinklers a boon for Trà Vinh veggie, peanut farmers