VietNamNet Bridge - Some years ago, private investors, recognizing that state-owned hospitals were getting overloaded, rushed to build hospitals. However, the profits they have gained remain modest. The demand for healthcare service is increasing Trieu An Hospital, a well-known private hospital in HCMC, owned by the businessman Tram Be, has released its H1 business report, showing modest net profit of VND28 billion. The figure represented a 28 percent growth rate over the last year, but the ROE (return on equity) was very low at 4.9 percent because of huge investment capital. Financial experts think that if counting all types of expenses, Trieu An’s profits would be even lower. Its investments in some subsidiaries are bringing losses, while Trieu An did not make provisions for investment items. Phuc An Khang, a hospital worth VND2.5 trillion, operated for several years before it had to shut down last year as the low number of patients did not allow to cover operation … [Read more...] about Private hospitals in VN find it difficult to make money
Spend my money
Viet Nam News By Lam Ngọc HCM CITY — During the school year, Đinh Thị Cẩm Tú, 16, lives with her aunt in her family’s hometown. Every day, she sees her aunt and cousins together as a family and misses her mother, who has worked inHCM City since Tú was small. Only when summer comes can she go to the City to meet her mother during her vacation from school. But this visit is not a typical summer holiday: The teenager helps her mother search for scrap around construction sites, and keeps the money she makes from selling the scrap to pay for her school fees. “Now I want to stay here, and not return to my hometown anymore. I grow up and can support myself. If I live beside my mother, I can stand all hard work,” Tú told Thanh Niên (Young People) newspaper. Tú’s mother, Phùng Thị Nga, 47, is a construction worker in District 2. Nga said that on sunny days, she … [Read more...] about Kids of construction workers spend summer in the City
Since using this modern payment application, my life has positively changed. As a person who was always cautious of managing money, I used to trusted in cash payment only. However I have changed my payment habit. It is now only with a cellphone, all of my ATM cards and membership cards are fully integrated with Samsung Pay, and above all others, it is still absolutely secured. Have you ever experienced the feeling of regretfully looking at your favorite items sold to somebody else, or how embarrassing it is when your money is not enough to pay for a coffee bill? Having gone through all of these, I shall share a tip to stay away from these troubles. The strong need of e-payment solution In the past, I only trust in things that I was sure of. Especially, I was very cautious of what I considered to be risky like crediting all my money to cards. It was partly due to my habits, and partly due to the obsession with the ATM card theft, I was not so interested in card payment. That was why … [Read more...] about How did my cash payment habits change?
Quang Nam wants more tourism services around My Son SanctuaryBy Nhan Tam A corner of My Son Sanctuary in the south-central coastal province of Quang Nam – PHOTO: HUY DANG DANANG – The south-central coastal province of Quang Nam is calling on companies at home and abroad to develop high-quality tourism services around My Son Sanctuary. Ho Tan Cuong, deputy director of the provincial Department of Culture, Sports and Tourism, said his agency and the management board of My Son Cultural Heritage are planning to call for investors to set up lodging, dining and entertainment services around the World Heritage site. Cuong explained that the move aims to present more high-quality services so that tourists will spend more money. “In addition to the preservation and protection of the site, we also want to have links with nearby regions. This will create (favorable) conditions for tourists to stay overnight at My Son and study our heritage site more thoroughly,” … [Read more...] about Quang Nam wants more tourism services around My Son Sanctuary
Viet Nam News By Minh Thu When her seven-year-old daughter wanted to buy a book she couldn’t afford, Trần Ngân from the southern province of Đồng Nai decided to provide a lesson in finance and money. Her daughter, Mai Phương, had been given a budget of VNĐ500,000 (US$22) to buy a book. But she decided she wanted to buy one that cost VNĐ700,000. So she asked her mother for a loan. Her mother agreed that she could repay the extra money by helping her mother do housework for eight Sundays. Instead of playing games and watching television as she does on a typical Sunday, the deal meant that Phương had to stay at home, clean house, mop the floor, cook and wash the dishes. Ngân said that Phương learned about how to manage money, carefully consider spending and be aware of the high costs of living beyond her income. Ngân’s experience illustrates one way to respond to what many parents and experts see as … [Read more...] about Children need more money savvy