The Forbes 2018 list of the world’s richest people has named the CEO of budget airline Vietjet Nguyen Thi Phuong Thao as one of Vietnam's four billionaires. This is the second time Thao has been named on the list, and her net worth has nearly tripled since last year from $1.2 billion $3.1 billion, earning her 766th position on the list. However, according to Thao, all that money and reputation doesn’t weigh too much on her life. She said she leaves the ‘billionaire’ title at the door, and also claimed she has never cared about how much money she makes. The CEO is thought of by some as a “warrior” in the business world. Her staff confirmed that it is normal for their boss to stay in the office and work until the early hours, even on holidays. Bur Thao said that she does not have any tricks up her sleeve when it comes to her success. Vietnamese people are capable of matching the rest of the world, she said, while emphasizing the importance of … [Read more...] about I leave my success at the door: Vietnam’s only female billionaire
How much wet food should i feed my cat
VietNamNet Bridge – The primary schools in Hanoi will only start receiving study applications in July. However, sources said the list of first graders for the 2013-2014 academic year has been fixed already. The seats at star schools as expensive as gold “I have been told that it’s too late to begin angling for the seats at star schools, because everything has been done,” a parent said. The students who begin going to school this year are called the “golden pigs,” or those, who were born in 2007, the year of the golden pigs in accordance with the lunar year. Since Vietnamese parents all wish to have their children born in the year of golden pigs, the number of children born in the year was abnormally high. Right in 2007, experts gave warning about the overloading of the primary schools, when the golden pigs enter the first grade. Meanwhile, the parents in urban areas all want to bring their children to star schools, which they believe can … [Read more...] about How much “golden pigs” have to pay for a seat at star school?
VietNamNet Bridge – Newly released information that Vietnam has imported 1000 tons of gold in the last 20 years has stirred up the public. Experts now try to guest how many tons of gold are being kept among Vietnamese people and what Vietnam should do to use the huge capital in the most effective way. The information about the 1000 tons of gold imported in the last 20 years was released by Le Duc Thuy, former Governor of the State Bank of Vietnam, now Chair of the National Finance Supervision Council. The head of the council did not confirm the existence of 1000 tons of gold among the public, but he said: “I am sure that a large volume of gold is being kept in people’s homes”. Thuy commented that Vietnam should not make a hasty move to prohibit the transactions in gold. The prohibition can only put gold out of the official circulation, while the gold will still exist in the society. Meanwhile, gold should be seen as an important source of capital, and if … [Read more...] about How much gold kept among Vietnamese people?
How come so many chubby, obese, well-rounded, rolly-polly tourists return home without embracing the Vietnamese diet? Why the tourism authorities don’t promote Vietnam as the ultimate healthy, dietary heaven is something I don’t understand. The only fat Vietnamese are the ones with jobs where they don’t move... that’s it... everyone else is skinny and on the go! How come so many chubby, obese, well-rounded, rolly-polly tourists return home without embracing the Vietnamese diet? Why the tourism authorities don’t promote Vietnam as the ultimate healthy, dietary heaven is something I don’t understand. The only fat Vietnamese are the ones with jobs where they don’t move... that’s it... everyone else is skinny and on the go! OK, sure, I’m being so unfair, right? Yes, I admit that there are plenty of young backpackers in good shape all trudging around with half their life on their backs. Well, of course... that cockamamie Lonely Planet … [Read more...] about Wanna lose weight, expats? Vietnamese food should be your choice
To say “Chuc mung nam moi” in Vietnamese is no sweat. But, to li xi, or to give red envelopes containing lucky money, to the right people with the right amount, can be a real big headache not only to foreigners, but Vietnamese as well. In fact, in the weeks before Tet, one of the most talked about topics in local media is the perplexing custom. Originally, Vietnamese li xi children only, but at some point in the past centuries, they began to give lucky money to elder people who were no longer working, especially their parents and grandparents. It is now widely agreed in Vietnam that li xi is something all underlings want, which explains why at many companies bosses often give red envelopes to their employees when they return to work after the holiday. Most of Vietnamese people understand that to li xi means to wish the recipients good health, good luck, happiness, and success in the new year. So the custom is mostly symbolic. However, when we put money in the mix, … [Read more...] about On the money: How much should we really slip into those lucky red envelops?
Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts and the start of debt relief talks, officials said. Greece has been kept afloat since 2010 by IMF and euro zone bailouts. The lenders have disagreed in the past, but they have managed to resolve their issues before they got much publicity. But after Athens had to ask for a third bailout last year, officials said that some in the IMF wanted to stay out of yet another program unless they were sure it would get Greece back on its feet. "The main problem now is disagreement between the institutions, because that will harm the credibility of any solution," one senior official said. "They must get their act together and agree on a scenario and on policy measures." IMF and euro zone officials hope to reach a compromise on Greece in talks this week, before a meeting of euro zone finance ministers on Monday. Senior officials from both … [Read more...] about Euro zone, IMF split over how much Greece needs to reform
(Cinet)- An exhibition entitled “I Love My City” giving an impression on how the youth is becoming more observant to the surroundings – a positive sign for the future generation in Vietnam was opened at the French Cultural Centre -L' Espace, on November 11. All the photos were taken in HCMC Photo Marathon 2013 in Dec 2013, in addition to winning photos of Hanoi Photo Marathon 2014. The project was first launched in 2010 by French photographer Nicolas Cornet, who worked in Vietnam since 1987 and published three photo books about Vietnam. The event runs through December 6. … [Read more...] about Photo exhibition “I Love My City”
VietNamNet Bridge - It is still unclear how much of Vinamilk’s stake will be sold to foreign investors. Experts have warned that once foreign investors hold the controlling stake in Vinamilk, they would control the Vietnamese dairy market. Hoang Thach Lan, a securities expert, noted that Vinamilk shares will attract foreign investors because Vinamilk is the leading dairy producer in Vietnam. In principle, the State could sell Vinamilk’s shares at the best price if it sells to foreign investors. However, Lan thinks, in this case, the State will think carefully about this. Vinamilk is not an enterprise operating in sensitive business field such as national defence, but it dominates the domestic dairy market. “Once foreign investors hold the controlling stake in Vinamilk, they will be able to control the Vietnamese dairy market, while dairy products are listed as essential goods which need the state’s control in pricing,” Lan said. Nguyen Minh Tan, … [Read more...] about How much room is there for foreign investors in Vinamilk?
VietNamNet Bridge – It's not just a question of how many tourists visit, but how tourism helps the economy, Viet Nam National Administration of Tourism head Nguyen Van Tuan tells Kinh Te & Do Thi (Economy and Urban Affairs). What are the main development obstacles that the tourism sector is facing, and how can they be overcome? First of all, the sector should create good and unique tourism products. We should take advantage of places with great international prestige, like Ha Long Bay and the Son Doong Cave. Getting a visa is still a concern for foreign tourists. Though the procedures have been simplified recently, tourists are still facing difficulties in getting visas. However, I think the visa exemptions granted recently will bring in more advantages and make the national tourism sector more competitive. One of the reasons that Viet Nam has found it hard to compete with other countries in the region is the visa exemption that they grant to the citizens of many … [Read more...] about How much VN earns is more important than how many visit
Another holiday season has arrived, and with the current economic situation still looking unpromising, targets set for the start of the year are unlikely to be met. However, regardless of widespread belt-tightening, people everywhere are still trying to do what they can to share with those less fortunate than themselves. Just last month, one of our young reporters based in the central province of Thua Thien - Hue set up a charity with his peers to help children in the former battlefield of A Luoi. A picture of a young smiling kid in a faded jacket touched all of us. The caption is even more meaningful. "Dear all, this child comes from a poor ethnic Pa Co family. His father died of leukemia and his mother is waiting for surgery to remove a tumour. We are trying to raise money for her. "You can see his radiant smile, and we have donated a warm jacket to him, but underneath, he doesn't have a proper pair of trousers. "We take in anything: old clothes, books and shoes. Toys are a … [Read more...] about It’s how you give that matters, not how much