Shuttle service to school- Le Thi Quynh Anh

As we all know, traffic congestion in Hanoi is a common problem. That makes all the people in Hanoi feel very tired.

Every morning, students also have to go to school during peak hours and not every school has a shuttle bus for their students. High school and college students can go to school by bike or bus, but elementary and kindergarten students still need their parents to pick them up. This leads to the loss of parental time and contributes to increased congestion.

From this reality, I came up with the idea of ​​setting up a taxi company to take students to school. The taxi company will sign a transfer contract of 3-5 students or more living close to each other and studying in close proximity. This is very useful, especially in crowded condominiums.

This service is really safe, convenient and cost effective, I believe there will be many supporters

Reference lists:  https://baotintuc.vn/xa-hoi/dich-vu-dua-don-tre-dat-so-20130617072647300.htm

 

 

CIRCLE K -creative and innovative programs that bring customers exciting experiences are the key to success of this convenience store chain

Writer: Phan Le Vu / ID: 20

The high GDP and the gradual improvement of the average income level bring Vietnam recently a completely new appearance. Along with the integration into the international market, Vietnamese society has gradually become more modern. New global trends are rapidly becoming popularly in Vietnam. Among them, the most impressive changing is consumer habit.  Vietnamese market over the past few years has seen the influx of supermarket chains and convenience stores. The market share of traditional markets is rapidly shared and in this competition, the convenience stores themselves proved that they are gaining more & more advantages. Circle K is one of those convenience stores.

Circle K’s 1st store was opened in Vietnam on 20th, December 2008. Circle K stores open 24/7, providing a diversified range of genuine products and the most convenient services at affordable price. Therefore, they quickly attracted a large number of customers and so far their number of loyal customers is increasing by a series of smart, flexible and innovative sales policies. Until now, in Vietnam basically and in Hanoi, Circle K is the only chain of convenience stores which opens overnight. This innovative policy has given them additional clients at night. Indeed, Circle K seems to research the consumption habits of young Vietnamese people who have a habit of eating out and chatting until dawn. Therefore, after the familiar dining outlets closed from 11pm, Circle K become an ideal destination with food and drinks are always ready to be warm up and more importantly, customers can stay at the stores without worry about closing time.

Until now, in Vietnam basically and in Hanoi, Circle K is the only chain of convenience stores which open 24/7

Source: http://ybox.vn/tuyen-dung/circle-k-viet-nam-tuyen-dung-751mhfcrhb

The recent “Mix n ‘Match” program that Circle K offers for their Froster drinks is an innovative selling program. Froster, well-known for its various colorful fruit flavors, is an exclusive beverage brand of Circle K with more than a hundred years of reputation in the US. In Vietnam in general and in Hanoi in particular, Circle K currently provides different Froster flavors including: strawberry, blueberry, peach, blue raspberry, green apple, passion fruit… changing seasonally.

Circle K currently provides different Frosted flavors including: strawberry, blueberry, peach, blue raspberry, green apple, passion fruit… changing seasonally

Source: https://www.circlek.com.vn/en/food-service/drinks/

Recently, consumers have experienced a whole new style of consumption with drinks through the “Mix n ‘Match by yourself” program. Accordingly, customers are free to create their own flavor by mixing different available flavors in one cup following your taste preference and mood of the day. The price of this particular Froster glass is equal to regular Froster glasses. This exciting, creative an innovative change has given the customer the experience that cannot be found anywhere else but at Circle K.

The “Mix n ‘Match by yourself” program

Source: https://www.circlek.com.vn/en/food-service/drinks/

As can be seen, the different, creative and innovative programs that bring customers exciting experiences are the key to success of this convenience store chain.

MTA – the International Precision Engineering, Machine Tools and Metaworking Exhibition & Conference

Writer of the summary : Nguyen Manh Tung – ID: 17

This article summarizes key points of MTA 2016 and orientations for MTA 2017. MTA is the International Precision Engineering, Machine Tools and Metaworking Exhibition & Conference. In the conference, enterprises exhibited products by many international brands with modern and advanced technologies such as metal cutting and forming machines, metrology, and other supporting systems and tools. There were 177 exhibitors from 19 countries and regions including 4 international group pavilions from Korea, Singapore and Taiwan joining this event. Furthermore, MTA 2016 attracted a huge number of international brands, such as Beijing JingDiao, Emuge, Carl Zeiss, … Lots of domestic organizations participating this event, for example, Bibus Vietnam; Dragon Precision….With the development of technology in terms of precision engineering and manufacturing issues, MTA Hanoi 2017 is planning to focus on concurrent education programs which are innovative community for manufacturers to study, create networks and understand deeply about industry insights and topical debates.

Why it is innovative?

The machinery and equipment are one of the direct elements of the main production process, so the modernization of machinery or technological innovation is very important for each enterprise. An industrial enterprise that wants to survive and grow will need to build a technological innovation plan. Advances in science and technology, innovation in technology will enable the quality of products to create new products, diversify products, increase productivity, increase labor productivity, use rational saving This will increase competitiveness, expand markets, accelerate rapid growth and improve business efficiency. Technology innovation is really the right direction of a potential industrial enterprise. Therefore, MTA is known as an ideal place where businesses present as well as approach the latest technological advances.

Furthermore, It is also a place where customers interact directly with the specialist, where they can meet in the most tangible way. It will be the most efficient bridge for the northern manufacturing industry to seek the supply of machine.

Writer: Nguyen Manh Tung – Number 17

 

Electric cars – Green Tourism

Writer: Nguyen Manh Tung – ID: 17

Electric cars – Green Tourism

Occurring since July 2010, electric cars are part of the clean transport project in the old quarter of Hanoi, managed by Dong Xuan Joint Stock Company. In the initial stage of development, it can be said that electric cars are very attractive and popular for travelers. There are 500 to 600 tourists per day, even 700 tourists using this service.

The route of operation of the electric car in Hanoi Old Quarter is about 6.5 km, passing through 28 commercial streets, 13 vocational streets, 22 temples, 9 temples, 3 pagodas, 8 historical relics and regional landscapes around area of Hoan Kiem lake and Dong Xuan market.

On the journey, the visitors will be introduced the history of the name of each street and the landscapes of the Hoan Kiem district in two languages (Vietnamese – English) to adapt the need of visitors that is exploring the cultural history, architecture of the old quarter and a part of daily life of the people in Hanoi.

After 7 years of operation, the image of electric cars running around the old quarters have become a popular means of travel with the capital. No smoke like a motorcycle taxi, not as expensive as pedicabs. Furthermore, last year after “The Walking Street” were officially put into service, green electric cars more became useful when other vehicles were not allowed in and out.

So Why this type of vehicles become a trend/innovative idea in Hanoi??

I can tell you “electric cars” is absolutely brilliant idea. Firstly, it is a vehicle running by electric/solar powered cars; it brings no noise, no dust and especially the green image for Hanoi. Therefore, it is considered as a perfect solution for the environment issues that every country now really cares about. Secondly, thanks to the green image of electric cars, it attracts more tourists to visit Hanoi, especially the Old Quarter. In the year of 2017, electric cars were serving nearly 300,000 visitors to Hanoi ancient streets, and the revenue reached over 8.8 billion VNĐ. In addition, when visitors come to the Old Quarter, Hanoi, they will have to chance to see the culture of Hanoi such as architecture, historical relics, silk, food street…So thanks to electric cars, it not only helps promote tourism, economic development but also preserves Hanoi’s signature culture and spreading the unique culture to foreign visitors.

And finally, I really hope that the electric car service will be more and more stable to attract more and more people both Vietnamese and Foreign Visitors, contributing to keeping the peaceful, unique and green image for the old quarter and Hanoi.

Source: http://bnews.vn/tour-tham-quan-pho-co-ha-no-i-bang-xe-dien-hut-khach/51606.html

http://anbico.vn/tin-tuc/xe-dien-du-lich-pho-co-7-nam-nhin-lai/

Writer: Nguyen Manh Tung – Number 17

Innovation in Medtronic’s Business

Writer: Phan Le Vu – ID 20

The article gives an overview about the Medtronic covering a wide range of business groups including Cardiovascular, Diabetes, and Restorative Therapies & Minimally Invasive Therapies with six clear missions and 3 main strategies of Therapy Innovation, Globalization & Economic Value. Through the story of Medtronic, the author would like to answer the question “How to accelerate access to care for the many untreated cardiac patients in Vietnam?” based on the analysis the fact of medical sector in Vietnam, and finally to identify treatment opportunities for Medtronic in Vietnam.

Accordingly, regarding the global growth of Medtronic, the strategy called “Dare to C.A.R.E” impressed me strongly. As mentioned in the article, Dare to C.A.R.E is a continuous approach to manage heart and vascular health in local communities, developed by the Heart Health Foundation in 2000. Refer to the diagram in Exhibit 6, you understand that through the Events & Outreach programs (Patient Enters Program – PEP), after making applications for Dare to C.A.R.E, patients shall be screened and then received the results with clear explanation. If, they get no disease, they shall be eligible for screening in five years and if not, they shall be checked for the best treatment option. This program really motivates patients to take action by educating and engaging them to overcome the diagnostic challenges for vascular disease.

Source: https://bschool.nus.edu/cerebration/2015/medtronic2015.pdf

Case Study: Market Development and Innovation in Vietnam (Celebration 2015 – NUS Business School)

current taxes in Viet Nam: opportunities or threats to innovate ?

 

Writer of summary – Le Thi Quynh Anh (No:04)Na

 

That article is about the current taxes in Viet Nam: Taxes are a major source of revenue for the state budget. In Vietnam, there are more than 10 taxes with different tax rates. In fact, there are areas in which businesses have suffered from 12 to 15 taxes and fees, resulting in reduced contributions to the state budget. At the same time, Vietnam is one of the countries with income from people on the total income of the society is very high compared to other countries with the same level of income and development level. Together with other economic policies, tax policies can become a tool to support domestic businesses as well as attract international investment. In other words, taxes can become a “competitive tool” at the government level. The government will have preferential tax policies for sectors, occupations, sectors and objects that are encouraged to develop through different taxes or rates.
Therefore, when we set up a business, we need not only to thoroughly research economic policies and laws but also to thoroughly research tax policies to take advantage of and exploit the incentives.
For example, when we want to implement an agricultural project, we will consider high-tech agriculture for export. In this area, we will enjoy preferential value added tax, corporate income tax, natural resource tax, etc. We also enjoy preferential interest rates from banks for this field.
In addition, each country will have different tax policies. In the integration period, many companies earn high profits through their subsidiaries established in the “tax haven” and investment back into Vietnam, profit earned them transferred to the company located in the country level. Low taxes to “spleen” much higher taxes if left in Vietnam.
Finally, the law sometimes has a loophole and tax law is no exception. If the company understands the tax law, it will increase profits by saving the maximum amount of remittances into the state budget.

 

Reference source: https://www.google.com.vn/search?q=c%C3%A1c+lo%E1%BA%A1i+thu%E1%BA%BF+%E1%BB%9F+Vi%E1%BB%87t+nam&rlz=1C1EJFA_enVN782VN782&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiqj6bp1pLZAhVIL48KHYL0AOwQ_AUIDCgD&biw=1366&bih=662#imgrc=Pkmb84VypH2FtM:
Kết thúc cuộc trò chuyện

WALKING STREET, AN INNOVATIVE PLACE IN HA NOI

Hanoi is changing. From an unknown city, Hanoi is flipping to another period of time with more development. 2 years ago, Hoan Kiem lake was not crowded, people came here for taking pictures but now it is changing to a very different lake. Management team of this lake decided to build walking street around lake in every weekend. In these days, there are a lot of interesting activities were held. Beside the rule that no bike, no car moving on this road, people also rebuild many traditional games that remind young people about Vietnamese history. Luckily, tourists seem really like those activities. This is a good way to connect people with many different ages.

This picture proposes one typically example. That kids enjoy playing “Ô ăn Quan”. This is a very familier game when I was young. Even now when I go back to my hometown, there are very few kids know how to play this game.
I was so supprised when I saw those kids, who living in big cities, can play together with a very exciting attitude.
I hope this kind of street can open more in other cities such as Da Nang, Ho Chi Minh, Hue… where people can enjoy culture space.
Ha Noi 06/02/2018
Nguyen Que Huu

Changing the lives of poor children – Koto case study

NGUYEN HOANG LONG – ID: 13

 Innovative management contributes to changing the lives of poor children in the case of KOTO (Hanoi).

    Analysis of the interest of this article for innovation in Hanoi

KOTO is known as one of the strong social enterprises with great influence in Vietnam today. This social enterprise was founded in 1996 by Jimmy Pham in Hanoi. KOTO has become a trusted address for poor and underprivileged children in society, which gives them the opportunity to learn cooking skills to build a solid foundation for the future. KOTO is recognized as one of the first social enterprises to register successfully under the social enterprise registration system, which is registered under the Enterprise Law of Vietnam in 2014. KOTO’s revenue is derived from the profits of two restaurants in Hanoi and Ho Chi Minh City. The profit of this business is devoted to cooking and providing free living services to trainees. In addition, KOTO has established KOTO Vocational Training Center, which is known as one of the non-profit centers with the goal of supporting vocational training for poor children. Specifically, within 24 months, students will learn skills to serve in the field of restaurants and hotels, specialized English and life skills. Moreover, practitioners are also periodically examined for health. KOTO’s trainees are successful in the field of food and they have changed their lives through their hard work and their effort.  KOTO’s efforts are aimed at bringing new life to poor children and it will expand other facilities to increase profitability and achieve humanitarian goals in Vietnam.

                   Jimmy Pham – KOTO Founder and Global Ambassador and KOTO’s trainees.

Source: http://www.koto.com.au/

Writer: Nguyen Hoang Long – ID: 13

 

Innovative start-up ecosystem

http://ipp.vn/wp-content/uploads/2016/09/IPP-Banners-1.png

The foreign businesses are still optimistic about the prospects for business development in Vietnam. However, they also expressed concern over recent changes in policies and regulations that are inconsistent with international practices. They often face to complex policy implementation, ineffective and unfair treatment policies across regions. Th To create a favorable environment to promote and development of fast-growing enterprises based on the exploitation of intellectual property, technology, new business models. Vietnamese startup ecosystem is growing rapidly in Hanoi, to become a modern industrialized country by 2020. That is why the government plans to develop a national innovation system that works to support the development of innovation through Startups and SMEs.

The Vietnamese Government issued a project called “Assistance policies on national innovative start up ecosystem to 2025”. The goal of the project is to improve the legal system to support innovative start-up by 2020; set up the National Innovation Innovation Portal; supported by 800 projects, 200 start-up businesses, 50 of which were successful venture capitalists, valued at about VND 1,000 billion. By 2025, support the development of 2,000 innovative projects; assisted in the development of 600 innovative enterprises; 100 enterprises participated in the project to call for investment capital from venture investors, with a total value of about VND 2,000 billion. Some specific support:

  • Building a service center for innovative start up support
  • Partial support funding for training activities
  • To develop facilities and technical support for innovative start up
  • Encourage the use of funds by agencies to contribute capital to start-ups enterprise
  • Preferential tax regime

Writer: Nguyen Thu Ha (number 06)

SOCIAL ENTERPRISE IN VIETNAM CONCEPT, CONTEXT AND POLICIES

                                     WRITER of the summary : NGUYEN HOANG LONG – ID: 13

It is not difficult to say that there are many issues related to the definition, context and policies of the government in the analysis of social enterprises in Vietnam. Social enterprise is described as one of the special organizations with business activities associated with social objectives.

(Source: Ms. Pham Kieu Oanh, Social Investment in Viet Nam, 2014)

In particular, the profit source of the business is used to reinvest the community, rather than maximizing profits for shareholders or owners. In this country, there are three important historical periods divided, which includes Before 1986, from 1986 to 2010 and from 2010 to date. Different periods of history have led to the different activities and development of social enterprises. In addition, the authors also focus on the difficulties and challenges of social enterprises to adapt to the development of modern society in Vietnam. Recommendations have also been made to create useful premises and suggestions for the long-term development of social enterprises.

Reference lists: 

  1. Article: https://www.britishcouncil.vn/sites/default/files/social-enterprise-in-vietnam-concept-context-policies.pdf
  2. Pham Kieu Oanh, Centre for Social Initiatives Promotion, 2014, Social Investment in Vietnam, Published in: Small Business & Entrepreneurship