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

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)

ANCIENT HANOI – ART CITY

Writer: Tran Thi Thu Trang – No.19

ANCIENT HANOI – ART CITY

Hanoi – the capital of Vietnam and the country’s second largest city by population. Hanoi is known for its ancient houses which were built at the late of the 20th century, intact with typical architecture, especially on Hanoi streets. The traditional trade villages and old streets are ancient beauty of the “unique” Hanoi, however, the image of old collective zones/blocks/houses, on the other hand brings negative look for the local community and foreigners as well.

Source: https://www.chotot.com/kinhnghiem/kinh-nghiem-mua-nha-tap-the-cu-de-hieu-qua-va-thoa-dung.html

Processed with VSCOcam with c6 preset

Source: http://kenh14.vn/doi-song/khu-tap-the-cu-nhung-hinh-anh-than-thuong-toi-do-nhin-la-nho-den-ha-noi-20150123030142237.chn

With the aim to give a new look for Hanoi but still keeps its ancient architecture as a traditional value, and to set up a playing-ground for the free young artists to share their talent and enthusiastism to the community,  these artists with the support from local authorities and some organizations started painting colorful murals on the old walls of the towns/villages in Hanoi, on a specific subject. Over the past years, walls and fences of the selected areas were covers with lively and bright pictures such as animals, characters of fairy tails, … or to express the history of the local itself.

The pioneer should be mural painting of a romantic Venice city, gently covered the wall in the alley on Yen Phu street in the centre area of Hanoi by a small group of young artists firstly being invited a family in the town for drawing a landscape on their house’s wall. However, everyone were so impressed with the beautiful pictures which made the small rough alley become more colorful, more alive that all the neighbors decided to ask for drawing all the rest walls.

Source: http://vietnamnet.vn/vn/doi-song/du-lich/ngo-nho-cu-ky-o-ha-thanh-dep-lung-linh-nho-tranh-3d-373709.html

Moving with the same activities but in others areas in Hanoi, we can see the appearance of the Central Women’s Collective on Phao Dai Lang street in Dong Da ward, Hanoi is also completely changed with the pictures of Vietnamese villages, trains … reminiscent of the old memory of Hanoi being painted. The old walls made many people so surprised and memoriable. The paintings are the result of a community project called Arts build communities conducted by young artists from Ho Chi Minh city  coming to Hanoi for design, especially the architect Ta Thi Thu Huong and artist Nguyen Thanh Tuyen, director of the painting company for the main theme. This project has been on process since Novemer, 2017 and expected to complete with total of over 20 pictures in overall.

Source: http://petrotimes.vn/khu-tap-the-dep-ngo-ngang-voi-tranh-bich-hoa-501613.html

In the coming time, the local authorities need to take measures to raise public awareness in protecting the art works as well the enviroment when more and more tourists visits these villages, also to support the artists to encourage their talents and spirits, to give the others areas in Hanoi a new look.

Transformation of Vietnam with development of big business: Vingroup

Transformation of Vietnam is reflected clearly with the development of big business companies. For example, VINGROUP is one of corporation that using a lot of foreign investment in order to buy lands in Vietnam. About 10 years ago, with a good far seeing, VINGROUP has built up many high building for housing and shopping center in Hanoi. After that, this group opened a chain of retail supermarkets to attracted many consumers and made them getting closer with VINMART trade name. Now, there are a lot of  Vin member companies operating so successfully in term of health field, ecommerce, resorts, entertainment, real state, so on. There is no denying that the developing of VINGROUP had created so many jobs for labors, increased the living standards for Vietnamese, and helped the Vietnam economy getting more and more growth up till now.

Writer: Nguyen Mai Huong (number 09)

https://smartcity.vinhomes.villas/bds-vinhomes-phat-trien-ben-vung-nho-chu-tin/http://bietthuvinpearls.net/vingroup-phat-trien-he-thong-trung-tam-thuong-mai-vincom/

Innovation in Hanoi: The Vuon Co-working Space

In the recent year, we have experienced the raising trend of office renting price. Therefore, it’s quite hard for the start-up companies, small companies with low budget or freelancers who are self-employed to find a suitable and reasonable place to work.

The Co-working Space was born as a result. It is an innovation solution for the above matter. Co-working Space is a kind of space in which group of people can share the workplace, share the values and have independent activities. In the world, the number of share working spaces is growing phenomenon.

Source: The Vuon Coworking Space Facebook

https://www.facebook.com/TheVuonOffice

The Vuon Coworking Space is one of the first Coworking Space business model in Hanoi. The Vuon is located at third floor of Tower “A” of D2 Building in Giang Vo Street, Hanoi. It offers the nice place with outstanding decoration, green atmosphere and high quality infrastructure as well as different functional rooms so that everyone can rent to work, have a meeting, organize the event, training, etc. They also have the working places for the individual which can be used 24/7 without limited of time, high speed internet and full option of office equipments such as projector, printer, scanner.

Being a part of Co-working Space in general and The Vuon in particular, we can get a lot of benefits, for example:

  • Reasonable price for a convenience space
  • Flexibility place rather than than traditional working office
  • Create opportunity to explore new relationship with the people who have the same interests
  • Get valuable support to becme more effective

Therefore, it’s no doubt that the Co-working spaces are the trend and the future of work.

Writer: Le Ngoc Anh (No. 03)

BE INNOVATIVE! NOT ONLY FOR YOUR FIRM, BUT FOR THE WHOLE ECONOMY

Writer: Nguyen Hoang Nam – No.14

Nowadays, in Hanoi, there are hundreds of companies from small ones to very big ones like VinGroup, SunGroup, etc. The competition between companies is very intense, especially for the small firms. Therefore, many firms start changing themselves with some innovation. It could be the innovation in products, processes or other activities like marketing, R&D, etc.  The innovation, of course, will have the good impact to the firm’s performance. It creates the added value to the firms themselves. However, to make the general economy become stronger, these innovative have to not only benefit to the firm itself, but also benefit to the consumers and other firms.

In fact, recently in Hanoi, we can find some start-ups that are not only innovative for their benefit, but also added value for the whole economy. In food and beverage sector, we can easily raise the name of Foody.vn. The founder of Foody is CEO Dang Hoang Minh. It was launched in August, 2012 with the purpose of create a tool to help people to find and rate all the food & beverage stores in Vietnam. The appearance of Foody created a significant trend. After 3 years, Foody had 650.000 downloads and 9.1 million people using every months (65% from mobile and 35% from website). Foody is very successful to build a huge community of users and owners of many stores in Vietnam. Thanks to Foody, now everybody will be easy to find which kind of food or beverage and which restaurants they will prefer. Besides that, for the owners, they can advertise themselves through Foody and also see the feedback from customers to find the way to improve. So in this ecosystem of Foody, Users and Shop Owner, all of them get benefit for their own. This is the way to strengthen the health of the whole economy.

Nowadays, Foody develop some new application like Tablenow or DeliveryNow that can bring more value to customers. There are also  many companies in Hanoi have been developing in different way of innovation such as: Hanoi Creative City, MoMo wallet, etc. All of these start-ups and companies are the key factors to create the innovative economy.

Reference list:

http://ictnews.vn/khoi-nghiep/dang-hoang-minh-tu-hai-rau-thue-den-sang-lap-foody-vn-128989.ict

http://cafebiz.vn/cau-chuyen-kinh-doanh/khoi-nghiep-foody-duoc-rot-von-lan-4-chuan-bi-tan-cong-thi-truong-indonesia-2015072814083247.chn

https://www.foody.vn/ha-noi

 

 

 

 

 

 

 

SMART CITY

The smart city innovation challenge for Vietnam contest

The new contest named “The smart city innovation challenge for Vietnam” was created by the Asian Development Bank and Government of Australia funded Mekong Business Initiative in order to create innovative solutions to Vietnam’s fast-growing cities challenges. This contest invited solutions from around the world. Up to 15 companies with proven solutions to urban challenges will receive assistance expanding into Vietnam. Companies representatives will be fly selected to Vietnam to participate, network and meet the Steering committee for Smart cities and local authorities of cities such as Ho Chi Minh city, Da Nang and Hoi An (Quang Nam). The deadline for application was 18 September 2017.

www.smartcityvn.com

New contest solves problems facing Vietnam’s fast-growing cities through innovation and entrepreneurship

A Smart city innovation for Hang Gai Street (Hanoi)

We choose Hang Gai street to pilot the smart city innovation with the goal to ensure the traditional architecture and standard of living. Hang Gai is located in the old quarter of Hanoi. The street is filled with stores selling silk products which have been operating for many decades. This is the overall solution for Hanoi committee to provide affordable housing for the citizens, water supply networks, strengthen energy efficiency solutions, complete traffic & transportation system, consolidate public security, establish greenery and public space of the street, and also strengthen law enforcement, develop information system, expand healthcare, education, public administration services, and other community services for Hanoi in general.

WRITER: Nguyen Thi Khai Phuong (number 16)

Practice knowledge creation to enhance innovation!

In this article, the authors tried to explore the link between innovation, knowledge creation and the firm’s performance in emerging countries. This study was conducted on 529 Vietnamese firms, and the authors tried to answer to two main questions:

  • Do knowledge creation practices lead to firm innovation?
  • What are the relationships between knowledge creation practices, innovation and firm financial performance?

In order to measure this links, the authors used SECI model (Nonaka’s theory) for the knowledge creation process. Following this model, knowledge is classified in two groups: tacit knowledge (intuitive and unclear) and explicit knowledge (can be expressed with words, numbers). The SECI model is about the dialogue between this two kind of knowledge, and four modes of conversation are identified: socialization (tacit to tacit), externalization (tacit to explicit), combination (explicit to explicit) and internalization (explicit to tacit). The measure of innovation is axed around four main kind of innovation: Product/Process/Organizational/Marketing. Then, they measured the firm’s performance through ROA (return on asset) and average staff’s earning.

The results show a correlation between the practice of knowledge creation and product innovation, organizational innovation and marketing innovation. Also, this study show that only product innovation have a positive impact on the firm’s performance. There is not significant link between firm’s performance and marketing innovation, process innovation and organizational innovation. The practice of knowledge creation does not directly influence the firm’s performance, but when knowledge creation is used to create product innovation, it has a positive impact on the firm’s performance.

Source : Thang Nguyen, Thi Thuc Anh Phan, Mai Thi Tuyet Nguyen International Journal of Business and Management – May 2016. Knowledge Creation, Innovation and Financial Performance of Firms: Evidence from Vietnam.

As a part of the MPIE master, we went to some places where normally, knowledge creation is the core activity: coworking spaces. Coworking is a style of work that involves a shared place and an independent activity. It is also a social gathering of a group of people who shares values and who are interested in the synergy that can happen from working with other people. When we went to the first co-working space, we were surprised because we saw people, alone, with their headphones, in front of their computers. This place was really quiet, and it seems that there is no interaction between people. It was difficult for us to imagine how this kind of place can be a sharing place and how it can create emulation because it was too quiet. But later, we met the founder of another co-working space in Hanoï. His place was designed by an architect and when we arrived, we saw some people talking about their works, playing guitar and sharing a coffee. The founder explains to us that he builds a strong community, based on trust, in order to create interaction between people and to share some knowledge and experiences. In this place, we can find for sure knowledge creation, and so, innovation.

Léa Grimal