Category: Living

Retail News Asia is committed to providing both local and global retailers with the latest Living news throughout the Asian market. This on a daily base.

  • HCMC lottery firm reports record H1 profits

    HCMC lottery firm reports record H1 profits

    The HCMC Lottery Company Ltd. earned profits of VND736 billion (over $31.46 million) in the first half of the year, an increase of 27% year-on-year.

    The company recorded H1 revenues of VND5.46 trillion, completing nearly 54% of the year’s target, the company said in its financial statement.

    The main source of income was the sale of traditional lottery tickets and scratch-off tickets; and the rest from office leasing and printing.

    The company leaders said that from the beginning of the year until mid-July, the company had paid out more than VND2.8 trillion to lottery winners

    After deducting all expenses, the company made a profit of VND736 billion. This was a record high in the company’s history.

    The company’s revenue and profits have been increasing steadily over the last 10 years.

    Current sales are twice as high as they were in the first half of the year 10 years ago, and profits have increased three-fold.

    The company’s management said demand for lottery tickets in the southern region has grown continuously, and the Ministry of Finance has increased the ticket volume by 10% to cover a larger area and expand its agent network.

    The scratch-off lottery, which has been in operation since the end of 2018, has also been successful, covering nine provinces and accounting for 4-5% of annual revenue.

    The company’s total assets exceed VND2.6 trillion, while its liabilities exceed VND900 billion. Cash and bank deposits account for a sizable portion of the asset structure.

    This year, the company expects revenues of VND10.15 trillion and pre-tax profits of VND1.17 trillion. Its payment to the state budget is estimated at around VND3.04 trillion.

  • YouTube might soon let you zoom in on videos

    YouTube might soon let you zoom in on videos

    A new useful feature might soon come to YouTube. Apparently, the video platform is working on a new option called “Pinch to zoom,” which will let you zoom in on the videos you watch by pinching the video player with two fingers.

    At the moment, Pinch to zoom is only an experimental feature, but YouTube Premium subscribers can freely enroll in the testing through YouTube’s experimental features site and try it themselves. However, they can only do so until September 1st. After that, the Pinch to zoom test won’t be available.

    Most likely, after September 1st, based on Premium subscribers’ feedback, YouTube will decide if it will officially release Pinch to zoom on its platform or just scrap the project entirely.

    If you regularly watch YouTube videos, you know there could be many instances where you would like to zoom in on a portion of the video. For example, tutorial clips often arrange information in small tables, and a zoom-in option would really help you read the displayed data more easily. Or maybe there is a small detail in the latest video of your favorite YouTuber that you would like to zoom in on in order to pay more attention to. Whatever the reason, a zoom-in option on YouTube will most likely be a very useful feature. We really hope YouTube decides to release it to all its users after the testing is finished.

  • WhatsApp working on a new feature for group admins

    WhatsApp working on a new feature for group admins

    WhatsApp is constantly getting updates and new features, and we usually get a glimpse thanks to our friends at WABetaInfo. The app is working on a new voice note option for status updates, as well as the ability to hide your online status from prying eyes.

    Now there’s another slew of new features being developed mainly to help group administrators do their job more efficiently. The first one is set to allow admins to delete messages in groups for everyone. This was spotted in the WhatsApp beta v2.22.17.12 and according to WABetaInfo will be rolling out to the masses pretty soon.

    When an admin deletes a group message it will disappear for everyone, leaving a notice that it has been deleted by an admin (It says “you deteleted this message as admin” if you’re the one doing it).

    Another cool new feature that’s in the works is a chatbot that will blast users with in-app announcements. These announcements will include notifications about new WhatsApp features, tips and tricks, and possibly messages about paid promotions (hopefully not, but it’d be a missed opportunity).

    Earlier this year, WhatsApp started to test another feature to improve the user experience – the ability to edit your messages.

  • Tourism recovery dogged by lack of staff

    Tourism recovery dogged by lack of staff

    The number of new hospitality businesses is rising, but a shortage of staff and tourists from pre-Covid major markets are hampering the tourism industry’s revival.

    The number of foreign tourists rose 582 percent year-on-year to 602,000, while over 3,000 new accommodation and hospitality businesses were registered, up nearly 28 percent year-on-year, according to the General Statistics Office.

    However, as 60.8 million domestic tourists started to travel after two years of Covid-19 constraints, businesses are struggling to recruit enough staff to cater to the surging demand in many localities.

    “Recruitment is difficult for the whole industry. In our hotel chain, each staff has to undertake several different jobs,” said Vo Thi Thien Huong, director of business and marketing at Fleur De Lys Hospitality hotel chain.

    Jakob Helgen, Marriott International area vice president for Thailand, Vietnam, Cambodia and Myanmar, said many companies are experiencing a labor crisis as employees were forced to quit in droves during the Covid-19 restrictions.

    Other hotels have reported staff shortage in the reception, housekeeping and food and beverage departments.

    The reason for the shortage is erstwhile staff had left for other jobs over the last two years, said Le Thi Ngoc Cuong, director of business and marketing at The Secret Con Dao hotel.

    “Many former tourism staff have found other stable jobs and so it is unlikely that they will return.”

    Phan Trong in Ho Chi Minh City is one of the former tourism staff who is unlikely to return.

    The 33-year-old had worked as a tour guide for five years before leaving for a new job last year, when most tourism activities were shut down.

    He now works as a group leader for a call center with a salary of VND13 million ($556) a month.

    “My salary is the same as before. Even though the new job is a little bit more demanding, I have settled down with it and do not want to go back.”

    Le Nguyen Ngoc Thanh, country director at headhunting platform Adecco Vietnam, said that demand for tourism, hospitality and accommodation staff has increased since the first quarter, but many companies were struggling to fill the empty positions.

    Adding to the shortage is the lack of skill among workers, with many receiving no training or the last two years and fresh graduates having no experience, she added.

    In addition, many workers who left for their hometowns are reluctant to return to major cities because of high living costs and inadequate salary offers, she said.

    Missing tourists

    Another key problem for the industry is the lack of foreign tourists.

    The 602,000 foreign tourist arrivals in the first six months marked a decline of nearly 93 percent over the same period in 2019, when the pandemic had yet to hit the world.

    The four major markets of China, South Korea, Japan and Taiwan together accounted for 66 percent of foreign tourists in the first six months of 2019, but as these countries and territories still maintained quarantine policies for returning tourists, people were not eager to fly.

    The Russia-Ukraine crisis has also blocked Russian tourists, who used to pack Nha Trang and Mui Ne beaches.

    The Russia-Ukraine tension and China’s ‘zero Covid’ policy has had a major impact on Vietnam’s tourism recovery, said HSBC’s country head of markets and securities services Ngo Dang Khoa.

    Inflation and Covid-19 are other factors that keeps tourists from traveling globally, he added.

    One of the solutions the Vietnam National Administration of Tourism has proposed is better utilization of the markets that Vietnam has resumed air travel with, such as South Korea, Japan, Western Europe, Australia and ASEAN.

    New markets that should be focused are India, U.S. and the Middle East, it has said.

    Thanh suggested that tourism companies provide trading for college graduates and employ part-term workers.

    “Businesses should conduct surveys on workers’ expectations in terms of salary and benefits and make necessary changes.”

    Thanh also proposed that companies try to reach out to former employees and convince them to come back.

    Trong said scenario was unlikely, at least for now.

    “There are still so many global issues like geopolitical tensions, diseases and natural disasters. If I go back and the industry freezes again, that would be a tragedy.”

  • Gasoline prices fall fourth consecutive time

    Gasoline prices fall fourth consecutive time

    Vietnam gasoline prices on Monday dropped 1.8 percent to the lowest since Feb. 21 as global rates declined.

    A liter of popular RON 95 gasoline now costs VND25,600 ($1.10), while that of biofuel RON 92 E5 costs VND24,620.

    This means prices have fallen 21.3-22.1 percent since this year’s peak on June 21.

    On the global market, gasoline prices have decreased by 1.22-1.54 percent in the last 10 days, according to data from the Ministry of Industry and Trade and the Ministry of Finance.

    WTI crude futures fell over 2 percent to below $98 barrel Monday as fears of a global slowdown outweighed continued supply disruptions and market tightness.
  • Spotify launches individual buttons for Premium users

    Spotify launches individual buttons for Premium users

    Not a week goes by without Spotify launching a new feature for its customers. The music streaming service announced gains in both paid and free customers back in April, so the new often-released new features are meant to keep subscribers loyal and turn free customers into paying ones.

    The most recent new feature announced by Spotify is exclusively aimed at turning free users into subscribers. The music streaming service revealed plans to launch individual buttons for Shuffle and Play, which will only be available for Spotify Premium users.

    Spotify has a single button for that merges these two important options – Play and Shuffle, but an upcoming update will separate the two for Spotify Premium users. It will make it clearer and easier to choose the mode that a user prefers at the top of playlists and albums.

    According to Spotify, the new feature will be rolled out on iOS and Android mobile devices for Spotify Premium users worldwide over the coming weeks, so look for the two new buttons as soon as you see an update for your Spotify app. Don’t bother though if you’re using Spotify’s free tier.

  • Long Chau Pharmacy sees revenues triple in H1

    Long Chau Pharmacy sees revenues triple in H1

    Long Chau Pharmacy tripled its revenues year-on-year in the first half-year to VND4 trillion ($171.38 million) and opened hundreds of new stores.

    It increased its contribution to FPT Retail’s revenues from 15 percent to nearly 30 percent in the period.

    At the end of June, Long Chau had 678 pharmacies, 278 more than at the beginning of the year.

    FPT Retail, a subsidiary of tech giant FPT, expects the pharmacy chain to make a profit of VND50-100 billion this year.

    Another major contributor to FPT Retail’s revenues is electronics retailer FPTShop, which saw revenues rise by 31 percent to VND10 trillion.

  • YouTube Music app adds useful new feature for Android

    YouTube Music app adds useful new feature for Android

    If you like music, you probably use the YouTube Music app often. You can go to the app and find the song you want using the app’s search tool, or you can ask your digital assistant to play a specific song by a specific artist (for example, “play Revolution Number 9 by the Beatles on YouTube Music”). You might be asked to unlock your phone first. Besides its vast library of original performances, YouTube Music has a wide selection of covers which allows the app to recommend a selection of them along with alternative takes, live versions, and more.
    Depending on the song, while you are playing the tune, directly from the Now Playing screen you can find a list of covers for the song you are currently streaming. Again, let’s use the Fab Four for this example. So you’re listening to Come Together and you are curious to listen to alternative versions of the song. From the Now Playing screen, tap the Related tab on the bottom right of the screen.
    Scroll down to Other performances and you’ll see cover versions of Come Together from the likes of Ike and Tina Turner (!) and Jennel Garcia. There is also a live version sung by the late John Lennon (who of course wrote the tune and recorded it with the rest of the Beatles). Speaking of the latter, there is also an alternative take recorded by the Liverpudlians included in this list.
    The covers, live performances, and alternative takes listed under Other performances will change each time you look it up as you can see from the embedded screenshot included in this story. That list of covers for Come Together includes one performed by the unlikely trio of Steven Tyler, Alice Cooper, and Marilyn Manson

    Scrolling down past the Other performances reveals a carousel titled Similar artists. Below that, the More From carousel lists additional songs available from the same artist or group. That is followed by a biography of the artist or group listed under About the artist. Some YouTube Music users spotted the new features as early as a month ago while other iOS and Android users are just getting them now.

    You can load the YouTube Music app on your phone from the Google Play Store for Android handsets, and the Apple App Store for iOS.
  • Netflix has some great mobile games coming to Android and iOS in July

    Netflix has some great mobile games coming to Android and iOS in July

    Started more like an experiment late last year, Netflix’s mobile games program is slowly turning into a very appealing iniative. However, if you’re not into mobile gaming, nothing Netflix will add to its fast-growing collection of titles will convince you to play.

    But if you do play games on your phone, even if it’s just casually, and you’re also subscribed to Netflix, you’ll definitely want to check out the new games the streaming company added this month.

    Before Your Eyes promises to offer players an emotional ride in a fictional world where they must locate souls who have lived extraordinary lives and transporting them to the afterlife using the phone’s camera. It’s a much lighter take on Charon’s legend, Hades’ ferryman who carries souls of the newly deceased over the river Styx.

    For those who love casual games, Mahjong Solitaire is here to offer that respite that we all need after a long day of hard work. With more than 300 tile-matching puzzles, this table-top game is likely to offer players hundreds of hours of entertainment.

    Finally, Into The Breach is the perfect game for fans of the strategy genre. One of the best indie tactical strategy games, Into The Breach has players assemble of squad of pilots and mechs, each with unique traits and abilities, and take on alien enemies in turn-based battles.

    All three games are already available for free for all Netflix subscribers. They can be downloaded directly from within the Netflix app if you want to try them out.

  • Remove 14,100 MW of coal plants from plan

    Remove 14,100 MW of coal plants from plan

    The Ministry of Industry and Trade wants coal-fired plants with a capacity of 14,120 megawatts scrapped from electricity production plans for Vietnam to achieve net-zero emissions by 2050.

    The plants were included in Power Development Plan 7 (for 2011-20) and have not been built due to delays. Now, the ministry does not want them to be part of Power Development Plan 8 (for 2021-30), which is being drafted.

    The ministry also wants to reduce the ratio of coal-fired power sources from 25-31 percent in 2030 to around 10 percent in 2045.

    No new coal-fired plant should be built after 2030, it said.

    It wants to increase output from LNG-fueled and renewable plants to offset the cut in coal use.

    It targets having 12,000-15,000 MW of renewables and 14,000 MW of liquefied natural gas plants in PDP 8.

  • Labor shortage plagues Vietnam industries

    Labor shortage plagues Vietnam industries

    Both foreign and local companies in various industries continue to grapple with labor shortages as they aim to expand activities in a recovering economy.

    “Air-conditioned workspace, free bus transport, and many other attractive benefits” are part of the recent recruitment notices of electronics manufacturer Pegatron Vietnam in the northern city of Hai Phong.

    The supplier of Apple offers a monthly salary of VND9-13 million ($385-556) to workers. It has also been looking for managers and engineers.

    Another Apple supplier, Goertek Vina, has been looking for workers who can start right away, with no limit in the number of applications.

    Last week it sought procurement specialists, trade specialists, and customer service staff.

    A recent report by recruitment platform Adecco said the trend of manufacturers shifting out of China and trade pacts between Vietnam and the EU, Japan and South Korea have caused a considerable increase in recruitment demand.

    Manufacturing disruptions in China have made Vietnamese and other Southeast Asian markets attractive destinations for manufacturing, CEO of Adecco Hanoi Nguyen Ha said.

    Industrial park data affirmed this trend, as they recorded a 90 percent occupancy in Hanoi, Ho Chi Minh City and Da Nang in the second quarter, according to property consultancy Colliers Vietnam.

    Long Hau Industrial Park in the southern province of Long An said companies there had increased their recruitment demand by 30-40 percent in the first six months.

    “We therefore have to recruit more staff to help these companies find workers.”

    Recruitment platform Navigos said in a note that leasing, industrial property and investment managers are popular jobs but with low supply.

    Companies often look for experienced Vietnamese for these jobs, but struggle to attract talents, it said.

    The IT industry is also seeing a surge in demand as more contracts are sent to Vietnamese companies amid the Russia-Ukraine tension, the report said.

    VietnamWorks, a popular recruitment website under Navigos, saw the number of job posts increase by 20 percent year-on-year to over 65,000 in the first six months.

    Technology was the most sought-after sector, followed by finance/investment and sales.

    Some popular jobs were software developers and data technicians.

    The Ministry of Labor, Invalids and Social Affairs said there was a shortage of 120,000 workers in the first quarter, or nearly 10 percent of recruitment demand, 2-3 percentage points higher than in previous years.

    Since March, factory workers, shippers, salespeople, hotel and restaurant staff have been popular jobs to record a supply shortage, according to recruitment platform Viec Lam Tot.

    There is also a shortage in high-skilled labor.

    Most of Vietnam’s 1.3 million electronics workers perform simple tasks classified as low-value manufacturing, the Vietnam Chamber of Commerce and Industry said in a report released last week.

    Sixty percent of businesses surveyed said the lack of skilled workers was “a moderate to serious” challenge, while 50 percent viewed the lack of professional supervisor and managerial skills as a “big challenge”, said the report, conducted in partnership with International Labour Organization last year.

  • Netflix escapes Apple Tax at last as app links to streamer’s own subscription site

    Netflix escapes Apple Tax at last as app links to streamer’s own subscription site

    As Bob Dylan once sang, “The Times They Are A-Changin.” iPhone and iPad users looking to subscribe to Netflix from the video streamer’s App Store app are now being directed by Netflix to an external website. From the site, iOS and iPadOS users can sign up for service from Netflix. This is in line with Apple’s recent decision to allow what are known as “reader apps” (apps that deliver digital content) to link to their own external websites to help subscribers sign-up and manage their accounts.
    Apple announced last September that it would allow reader apps to include a single in-app link to their own websites. Tapping on the “subscribe” button in the Netflix app brings up a message that says “you’re about to leave the app and go to an external website.” The app also points out that any transaction will not be Apple’s responsibility and that all subscription management should be handled through Netflix’s platform.
    More specifically, reader apps are those that provide content that was previously purchased or content available from an app that users pay for on a recurring basis such as music, video, digital magazines, newspapers, books, and audio.
    The message also states that “Any accounts or purchases made outside of this app will be managed by the developer ‘Netflix.’ Your App Store account, stored payment methods, and related features, such as subscription management and refund requests, will not be available. Apple is not responsible for the privacy or security of transactions made with this developer.”

    If you continue the process you are sent to a Netflix website from where you can subscribe to the service bypassing Apple’s in-app payment platform. As a result, Netflix doesn’t have to give Apple the 30% cut of the transaction price on initial subscriptions and as much as 15% for recurring subscriptions made after one year.

    The so-called Apple Tax has been a controversial lightning rod for politicians, developers, and others. Companies like Spotify and Netflix prevented subscribers from signing up for certain subscriptions directly from the App Store so that they wouldn’t have to pay Apple. And nearly two years ago, Apple kicked Epic and its popular Fortnite game out of the App Store after Epic offered game players a link to its own in-app payment platform.
    Without having to pay Apple its cut, Epic offered currency to Fortnite players at a lower price. This led to an epic lawsuit (sorry) which resulted in a ruling from Judge Yvonne Gonzalez Rogers who wrote, “The Court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice. When coupled with Apple’s incipient antitrust violations, these anti-steering provisions are anticompetitive and a nationwide remedy to eliminate those provisions is warranted.”

    Rogers did say that Apple was not a monopolist and that there was nothing illegal about the success of the App Store. She did rule that Apple would have to allow developers to redirect users to developers’ own websites to manage their subscriptions. Other countries have gone after the Apple Tax and developers in South Korea can promote alternative payment methods in the App Store, although Apple will still hit up the developers for 26% of the transaction value.

    In the Netherlands, some dating apps will be allowed to embed alternative payment methods inside these apps after Apple was fined $52.58 million by the Netherlands’ antitrust watchdog, the Authority for Consumers and Markets (ACM). With the recent approval of the European Union’s (EU) Digital Markets Act (DMA), Apple might be required to offer third-party payment platforms for the App Store in Europe, allow iPhone users to sideload apps (in other words, install apps from third-party app stores) on the continent, and add support for iMessages in competing operating systems in Europe.

    All together, pressure from lawsuits, developers, lawmakers, and the media combined to produce the first cracks in Apple’s in-app payment platform which includes the Apple Tax. Apple still has a set of rules that developers of reader apps must follow. The link published on the app cannot contain pricing information, and each developer must submit an “entitlement” to obtain permission from Apple to include a link on their app.

  • Discovered code reveals that YouTube Music could soon add a much wanted feature

    Discovered code reveals that YouTube Music could soon add a much wanted feature

    The original goal for YouTube Music was for the app to offer the same exact features as Google Play Music before migrating users from the latter to the former. But before that could happen, Google shut down Google Play Music. But one particularly well-received feature from the now defunct Play Music app is apparently going to make its way to YouTube Music.

    After looking through the latest version of the YouTube Music app, which supports the media player that will be found in the upcoming Android 13 update, 9to5Google came across the following code: “res/layout/timer_status_bottom_sheet.xml” which hints that a sleep timer is coming to the YouTube Music app.

    In Google Play Music, setting the sleep timer meant going into the main settings list to set the feature. Hopefully, the sleep timer will be quicker to enable/disable in YouTube Music. The strings of code found do reveal that a countdown timer will be visible to the user who will also have an option to add five additional minutes to the timer or cancel. The report says that the timer could be similar to the sleep timer found on the Android version of the Apple Music app (seen in the screenshot embedded in this article).
    A sleep timer is useful if you don’t want your phone or tablet to run all night after you fall asleep. At the most, if you’re running your device using its battery, you can prevent the battery from draining while you are sleeping. You also might not awaken in the middle of the night because a particular song interrupted your dreams.
    When YouTube Music might add a sleep timer is anyone’s guess and there is always the possibility that Google doesn’t add one at all despite the discovery of the code.
  • Gasoline price plunges to 5-month low

    Gasoline price plunges to 5-month low

    Vietnam gasoline prices on Thursday fell to the lowest in five months as global rates decline.

    The Ministry of Finance and Ministry of Industry and Trade adjusted RON95 prices down 12.1 percent to VND26,070 ($1.11) per liter.

    This means RON95 is now 20.7 percent lower than this year’s peak on June 21.

    E5 RON92 gasoline prices dropped 9.8 percent to VND25,070, down 19.9 percent from this year’s peak. The government also brought diesel prices down 7 percent to VND24,850 per liter.

    Global oil prices fell Thursday for a second straight session, as demand concerns outweighed tight global supply after U.S. government data showed tepid gasoline consumption during the peak summer driving season.

    Brent crude futures dropped 33 cents, or 0.3 percent, to $106.59.

  • Northern power output rises to new peak

    Northern power output rises to new peak

    Power output in the northern region topped 22,800 megawatts at noon on Monday, 9 percent higher than last year’s peak, amid an ongoing heatwave.

    Hanoi and 14 provinces in the northern and central regions have been recording temperatures of up to 38 degrees Celsius (100 degrees Fahrenheit), and the heatwave is likely to continue for another day or two, according to the National Center for Hydro – Meteorological Forecasting.

    Some thermal power plants that have a combined output of 1,555 MW are reporting technical issues with turbines, according to national utility Vietnam Electricity (EVN).

    Hanoi and some other localities recorded a power outage for around two hours on July 4 due to high demand.

    EVN estimated earlier that the northern region would face a shortage of 1,500-2,400 MW during peak hours or extreme weather conditions this year.

    The state utility has called on people to reduce power usage from 11 a.m. to 2.30 p.m. and form 8 p.m. to 10 p.m.

    It also encouraged people to set their air-conditioner temperature at 27 degrees Celsius or higher and use it in combination with a fan.