All Vietnam Related TCSS / Info / Gatherings / Help Thread - Page 2478

TonyCheong2 · #**37156** 18-07-2018, 01:25 PM

Quote:

Originally Posted by snipeshot08

Initially Airbnb was developed so that those genuine property owners can maximise their own property instead of leaving a room or whole apartment vacant but these idiots start to rent people's properties and re-rent them out to tenants again, sama sama those property speculators whom buy & resell immediately causing property prices to skyrocket

Doing Airbnb is a lot of work.
Unless you're doing all the coordinating and cleaning chores otherwise not much profit margin.

It's good if you rent out your spare rooms to get extra cash to supplement income.
You're not pressurised because your costs are already fixed.

However to run a few apartment units like a business may not be feasible due to competition and overheads.
You've to also take into account on the wear and tear of your property and put in money for maintenance.

snipeshot08 · #**37157** 19-07-2018, 08:45 AM

Quote:

Originally Posted by Hurricane88

haha...well when ppl thinks airbnb is lucrative biz which obviously not...think the best biz is those ST hotel with popular FL...even if each ST cost 100k and imagine they can reap at least 1mil for the same room with clients going for cheap bonks...

Now a lot of stoopid Airbnb being run like a bladdy hotel with its own recept somemore, really a loophole around the hospitality regulations, anyway I am not cuntplaining cos I actually prefer Airbnb over hotels provided the prices are equal

Cheerios......SS08 ^_^

snipeshot08 · #**37158** 19-07-2018, 08:49 AM

Quote:

Originally Posted by Hurricane88

Steady pun pee pee...lixi paid using device...

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Gifting the bride and groom with money is part of the Vietnamese wedding culture, and a couple in Hanoi has added a touch of technology to the practice, accepting the gift via a payment device and a scannable QR code in lieu of conventional envelopes.

The main aim of such a method is not becos of technology or showing people they are different..............the main aim is so that they can easily find out whom gave how much liao no more chance to hide behind an anonymous ang pao liao

Cheerios.......SS08 ^_^

snipeshot08 · #**37159** 19-07-2018, 08:50 AM

Quote:

Originally Posted by TonyCheong2

Doing Airbnb is a lot of work.
Unless you're doing all the coordinating and cleaning chores otherwise not much profit margin.

So are you diversifying into this also????

Cheerios.....SS08 ^_^

Hurricane88 · #**37160** 19-07-2018, 09:25 AM

Quote:

Originally Posted by snipeshot08

Now a lot of stoopid Airbnb being run like a bladdy hotel with its own recept somemore, really a loophole around the hospitality regulations, anyway I am not cuntplaining cos I actually prefer Airbnb over hotels provided the prices are equal

Cheerios......SS08 ^_^

I still stay about Sgd 20 per day...so airbnb cannot match tis price...anyway no longer stay in D1...

Hurricane88 · #**37161** 19-07-2018, 09:26 AM

Quote:

Originally Posted by snipeshot08

The main aim of such a method is not becos of technology or showing people they are different..............the main aim is so that they can easily find out whom gave how much liao no more chance to hide behind an anonymous ang pao liao

Cheerios.......SS08 ^_^

yea yea...plenty of cool tech and these couple only wanted publicity...dun be surprised they split within 1 month....

Hurricane88 · #**37162** 19-07-2018, 04:17 PM

Quite ridiculous - so jialat meh....

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Money to burn: French tourists get joss paper as change from Hanoi cyclo driver

By Vy An July 19, 2018 | 08:03 am GMT+7

A taxi driver who was paid fake money posted on his Facebook page the story of Frenchmen being duped by a cyclo driver.

As they stepped out of the Ho Chi Minh Mausoleum, two unnamed French tourists agreed on an hour’s cyclo ride for VND600,000 ($26).

The normal rate is around VND100,000 per person per hour.

At the end of the ride, the Frenchmen gave the cyclo driver VND1.5 million ($65). If they used VND500,000 notes, it is not clear why they paid three, instead of two notes.

The cyclo driver returned their VND900,000 ($39) change in one VND500,000 and two VND200,000 notes.

It was only a day later, when they used that money to pay Huu Phuc, the taxi driver, that they realized they’d been cheated and given paper currency that is usually burnt as offerings for deceased relatives.

Phuc decided to go public with the story and attached a photograph with one of the French tourists holding the fake money.

The disappointed tourists said they had to cancel their trip to Ha Long Bay and go to the hill station of Sa Pa instead.

Tourism Department officials have said that they will follow up on the story in collaboration with Hoan Kiem District police.

They will also contact the two French tourists directly for more information after the latter get back from their Sa Pa trip, the officials said.

Phuc wrote in his post: “The two Frenchmen are thankful for people’s help but they don’t want to make a fuss over this situation. They just want a peaceful vacation.”

Hurricane88 · #**37163** 19-07-2018, 04:18 PM

Beer Saigon belongs to Thai Bev and F&N group...

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Big changes brewing at Vietnam’s top beer maker

By Minh Nguyen July 19, 2018 | 03:07 pm GMT+7

After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh Tiong, and a new board of directors.

In April Koh was elected chairman at an extraordinary meeting in place of Vo Thanh Ha. The 72-year-old, who is a director of Fraser & Neave and chairman of ThaiBev and F & N Beer Group, is also on the boards of several other organizations in Singapore, Malaysia, Thailand, and China.

At Sabeco he will head a new seven-member board that will have another Singaporean, a Thai and four Vietnamese.

Last May the company had replaced three foreign deputy general directors, who had in turn replaced a Vietnamese trio just a month earlier, with Singaporeans Neo Gim Siong Bennett, Teo Hong Keng and Melvyn Ng Kuan Ngee.

TCC Group, led by Thai tycoon Charoen Sirivadhanabhakdi, had paid VND110 trillion ($4.89 billion) for a 53.59 percent stake in Sabeco.

According to a report prepared for the company’s next general shareholders meeting on July 21, its profit target for this year has been revised to VND4 trillion (about $173 million), a reduction of 19 per cent from last year’s results.

The dividend target has been kept unchanged at 35 percent.

The report says foreign brewers would continue to expand their production capacity, intensify brand promotion and sales support to gain more market share, exerting “great pressure” on Sabeco, especially when the special consumption tax rate has increased from 60 per cent to 65 percent since early th.

It also says that Sabeco is confident about maintaining its No 1 brewer position in Vietnam, and expects to boost its exports to African and Asian markets (especially East Asia and Southeast Asia), North America, Russia, the Middle East and Europe (Italy, Netherlands).

Vietnam’s stable growth, increase in average income and rising demand are favorable conditions to stimulate and stabilize consumption while creating good growth in rural markets, where its Saigon Beer brand has reasonable product positioning and a widespread distribution network, the report says.

Meanwhile, the prices of main items like malt, hops and aluminum have decreased, allowing the brewer reduce production costs.

Last year Sabeco produced nearly 1.8 trillion litres of beer, recording sales of VND35.2 trillion ($1.56 billion) and a profit of VND4.95 trillion ($199.5 million). It exported 28.6 million liters of beer for over $15 million. This year, it targets to produce the same 1.8 trillion litres of beer, and increase export volume to 30 million liters.

In April this year, the Ministry of Industry and Trade (MoIT) had asked Sabeco to pay about VND2.5 trillion ($111 million) in undistributed profits to the state budget.

The demand was made after a government audit report said that money was part of the brewer’s VND2.7 trillion ($120 million) in undistributed profit, which belonged to the government as the major shareholder with an 89.6 per cent stake as of December 31, 2016.

Local media reported that although Sabeco claimed such a request did not correspond with the Law of Enterprises and Sabeco’s charter, it had already paid the sum. This sum is not mentioned in the report prepared for shareholders, however.

Currently, Sabeco owns 26 br$$$$$es, 10 trading subsidiaries and has 37 branches nationwide.

In the first quarter of 2018, Sabeco’s sales reached $7.8 trillion ($347 million), about 5 per cent higher than same period last year; while profits of VND1.94 trillion($86.2 million) represented a 4 per cent decline.

On July 18, more than 641 million shares with the sticker SAB declined slightly to VND217,900 ($9.47) each on the Ho Chi Minh stock exchange, for a market value of VND139.7 trillion ($6.07 billion).

Hurricane88 · #**37164** 19-07-2018, 04:20 PM

Soon will sit new planes on Vietjet flights...

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VietJet provisionally orders 100 Boeing 737 jets

By Reuters July 19, 2018 | 10:34 am GMT+7

Boeing and VietJet signed the provisional order for 100 Boeing 737 MAX airplanes worth almost $13 billion.

Boeing Co struck a new deal for 100 passenger jets with Vietnamese budget airline VietJet Aviation JSC VJC.HM on Wednesday, deepening a battle for market share against rival Airbus (AIR.PA) in one of southeast Asia’s hottest markets.

Boeing and VietJet signed the provisional order for 100 Boeing 737 MAX airplanes worth almost $13 billion at list prices at the Farnborough Airshow in southern England.

Of these, 80 are the recently launched 737 MAX 10 - the largest version of Boeing’s best-selling 737 range - and 20 are the benchmark 737 MAX 8 model.

“The growth is incredibly strong in Southeast Asia,” said Boeing Commercial Airplanes CEO Kevin McAllister. “VietJet is a major player there.”

The draft deal comes two years after Boeing upstaged Airbus by clinching an order for 100 737 MAX jets during a visit by then-U.S. President Barack Obama.

Until then, VietJet had only ordered planes from Airbus, including a bumper order for 92 jets in December 2013.

However, aircraft finance industry sources have expressed doubts over whether all the planes on order would be delivered on schedule amid a glut of airplane orders in the region.

VietJet CEO Nguyen Thi Phuong Thao insisted on Wednesday the airline would use both the A320 and 737 aircraft in its fleet and would have “no problem” taking delivery.

The companies said VietJet, one of the fastest-growing carriers in southeast Asia, needed the planes to satisfy surging demand on high-dense domestic routes as well as popular routes throughout Asia.

Vietnam’s first privately owned airline will become the largest MAX 10 customer in Asia once the deal is completed, with deliveries due in 2022-2025, the companies said.