Welcome my Blog !: 2007

Sunday, September 2, 2007

It’s necessary to filter foreign portfolio investment: officials (21/03)

Responding to the violent criticism about the strict measures to be applied to control the foreign capital flow, state management authorities affirmed that it was necessary to filter the capital flow into the market.

Investors once breathed a sigh of relief when the Government announced it would not apply measures to control foreign portfolio investment flow in the stock market. However, the market has become stirred up again by the news that the Government will enact the regulation of monitoring securities companies, investment funds and fund management companies through many restrictions.

The draft regulation has been facing strong opposition from the Vietnam Association of Financial Investors (VAFI), which said that 80% of investment funds would withdraw from Vietnam if the draft regulation was enacted.

Phung Khac Ke, Deputy Governor of the State Bank of Vietnam (SBV), said that every country applies certain technical barriers to monitor the market and make it develop on the right track or the way the Government wants. Every country wants to seek prestigious and capable investors, which can ensure the sustainable growth of the market. “These are technical barriers, not policy barriers,” Mr Ke stressed.

When asked if the majority of the investment funds would withdraw from the market, Mr Ke said that the regulation, if enacted, would not be retroactive, which means that the operational funds that cannot meet the new regulations would still be allowed to operate in Vietnam.

“Only the investment funds to be set up after the regulation is enacted would have to meet the requirements. I think that the State Securities Commission (SSC) also thinks this way,” Mr Ke said.

He added that the principle of non-retroactive effect would be suitable in this case, as investors have come to Vietnam in the early days of the stock market.

Truong Van Phuoc, Director of the State Bank of Vietnam’s Transaction Centre, said that the question that policy makers always raise when compiling regulations is which goals the policies aim to.

“If Vietnam wants to attract stable capital flow which can serve long-term development, it must have a suitable mechanism to filter capital. We have to, as Vietnamese people always say, pick our company,” Mr Phuoc said.

However, Mr Phuoc said that state management authorities should consider carefully the measures to be applied, adding that administrative orders sometimes do not bring the desired effects. “The market should be controlled by economic measures rather than administrative orders,” he said.

Source: VietnamNet

Free Excel Spreadsheets

Top Five Capital Budgeting Analysis (xls) - Basic program for doing capital budgeting analysis with inclusion of opportunity costs, working capital requirements, etc. - Aswath Damodaran
Rating Calculation (xls) - Estimates a rating and cost of debt based on the coverage of debt by an organization - Aswath Damodaran
LBO Valuation (xls) - Analyzes the value of equity in a leverage buyout (LBO) - Aswath Damodaran
Synergy (xls) - Estimates the value of synergy in a merger and acquisition - Aswath Damodaran
Valuation Models (xls) - Rough calculation for choosing the correct valuation model - Aswath Damodaran
Risk Premium (xls) - Calculates the implied risk premium in a market. (uses macro's) - Aswath Damodaran
FCFE Valuation 1 (xls) - Free Cash Flow to Equity (FCFE) Valuation Model for organizations with stable growth rates - Aswath Damodaran
FCFE Valuation 2 (xls) - Free Cash Flow to Equity (FCFE) Valuation Model for organizations with two periods of growth, high growth initially and then stable growth - Aswath Damodaran
FCFE Valuation 3 (xls) - Free Cash Flow to Equity (FCFE) Valuation Model for organizations with three stages of growth, high growth initially, decline in growth, and then stable growth - Aswath Damodaran
FCFF Valuation 1 (xls) - Free Cash Flow to Firm (FCFF) Valuation Model for organizations with stable growth rates - Aswath Damodaran
FCFF Valuation 2 (xls) - Free Cash Flow to Firm (FCFF) Valuation Model for organizations with two periods of growth, high growth initially and then stable growth - Aswath Damodaran
Time Value (xls) - Introduction to time value concepts, such as present value, internal rate of return, etc.
Lease or Buy a Car (xls) - Basic spreadsheet for deciding to buy or lease a car.
Top Five NPV & IRR (xls) - Explains Internal Rate of Return, compares projects, etc.
Real Rates (xls) - Demonstrates inflation and real rates of return.
Template (xls) - Template spreadsheet for project evaluation & capital budgeting.
Top Five Free Cash Flow (xls) - Cash flow worksheets - subsidized and unsubsidized.
Capital Structure (xls) - Spreadsheet for calculating optimal capital structures using different percents of debt.
WACC (xls) - Calculation of Weighted Average Cost of Capital using beta's for equity.
Statements (xls) - Generate a set of financial statements using two input sheets - operational data and financial data.
Bond Valuation (zip) - Calculates the value or price of a 25 year bond with semi-annual interest payments.
Buyout (zip) - Analyzes the effects of combining two companies.
Cash Flow Valuation (zip) - Walks through a valuation of cash flows under three models- capital cash flows, equity cash flows, and free cash flows.
Financial Projections (zip) - Spreadsheet model for generating projected financials along with valuation based on WACC.
Leverage (zip) - Shows the effects on Net Income from using debt (leverage).
Ratio Calculator (zip) - Calculates a standard set of ratios based on input of financial data.
Stock Value (zip) - Calculates expected return on stock and value based on no growth, growth, and variable growth.
CFROI (xls) - Simplified Cash Flow Return on Investment Model.
Financial Charting (zip) - Add on tool for Excel 97, consists of 6 files.
Risk Analysis (exe) - Analysis and simulation add on for excel, self extracting exe file.
Black Scholes Option Pricing (zip) - Excel add on for the pricing of options.
Cash Flow Matrix - Basic cash flow model.
Business Financial Analysis Template for start-up businesses from Small Business Technology Center
Forex (zip) - Foreign market exchange simulation for Excel
Hamlin (zip) - Financial function add-on's for Excel
Tanly (zip) - Suite of technical analysis models for Excel
Financial History Pivot Table - Microsoft Financials
Income Statement What If Analysis
Breakeven Analysis (zip) - Pricing and breakeven analysis for optimal pricing - Biz Pep.
SLG Ratio Master (exe) - Excel workbook for creating 25 key performance ratios.
DCF - Menu driven Excel program (must enable macros) for Discounted Cash Flow Analysis from the book Analysis for Financial Management by Robert C. Higgins - Analysis for Financial Management
History - Menu driven Excel program (must enable macros) for Historical Financial Statements from the book Analysis for Financial Management by Robert C. Higgins - Analysis for Financial Management
Proforma - Menu driven Excel program (must enable macros) for Pro-forma Financial Statements from the book Analysis for Financial Management by Robert C. Higgins - Analysis for Financial Management
Business Valuation Model (zip) - Set of tabbed worksheets for generating forecast / valuation outputs. Includes instruction sheet. Bizpep
LBO Model - Excel model for leveraged buy-outs
Comparable Companies - Excel valuation model comparing companies
Combination Model - Excel valuation model for combining companies
Top Five Balanced Scorecard - Set of templates for building a balanced scorecard.
Cash Model - Template for calculating projected financials from CFO Connection
Techniques of Financial Analysis - Workbook of 11 templates (breakeven, valuation, forecasting, etc.) from ModernSoft
Ratio Reminder (zip) - Simple worksheet of comparative financials and corresponding ratios from Agilicor
Risk Analysis IT - Template for assessing risk of Information Technology - Audit Net
Risk Analysis DW - Template for assessing risk of Data Warehousing - Audit Net
Top Five Excel Workbook 1-2 - Set of worksheets for evaluating financial performance and forecasting - Supplemental Material for Short Course 1 and 2 on this website.
Rule Maker Essentials - Excel Template for scoring a company by entering financial data - The Motley Fool
Rule Maker Ranker - Excel Template for scoring a company by entering comparable data - The Motley Fool
IPO Timeline - Excel program for Initial Public Offerings (must enable macros)
Assessment Templates - Set of templates for assessing an organization based on the Malcolm Baldrige Quality Model.
Cash Gap in Days - Spreadsheet for calculating number of days required for short-term financing.
Cash Flow Template - Simple cash flow model with explanations of each cash flow component - Arkansas Small Business Development Center.
Six Solver Workbook (zip) - Set of various spreadsheets for solving different business problems (inventory ordering, labor scheduling, working capital, etc.).
Free Cash Flow Valuation - Basic Spreadsheet Valuation Model
Finance Examples - Seven examples in Business Finance - Solver
Capital Budgeting Workbook - Several examples of capital budgeting analysis, including the use of Solver to select optimal projects.
Present Value Tables (rtf) - Set of present value tables written in rich text format, compatible with most word processors. Includes examples of how to use present value tables.
Investment Valuation Model (zip) - Valuation model of companies (must enable macros) - Excel Business Tools
Cash Flow Sensitivity (xlt) - Sensitivity analysis spreadsheet - Small Business Store
What If Analysis - Set of templates for sensitivity analysis using financial inputs.
Risk Return Optimization - Optimal project selection (must enable macro's) - Metin Kilic
CI - Basics #1 - Basic spreadsheet illustrating competitive analysis - Business Tools Templates.
CI - Basics #2 - Basic spreadsheet illustrating competitive analysis - Business Tools Templates.
External Assessment - Assessment questions for organizational assessment (must enable macros).
Internal Assessment - Assessment questions for organizational assessment (must enable macros).
Formal Scorecard - Formal Balanced Scorecard Spreadsheet Model (3.65 MB / must enable macros) - Madison Area Quality Improvement Network.
Project Plan - Project Scheduling Template currently setup for a Balanced Scorecard Project.
Gantt Chart - Gantt chart for project management with work plan - Jim Chapman's Web Site
E O Q Model - Simple Inventory Models for calculating Economic Order Quantity.
Inventory Simulation Control Model - Formal model for simulating inventory shortages, delivery times, costs, backorders, and optimal inventory levels - John McClain
Financial Projections Model - A comprehensive financial model for forecasting a complete set of financials with breakeven and valuation tabs developed by Frank Moyes and Stephen Lawrence at Leeds School of Business.
Option Trading Workbook - Educational toolkit for using Excel for Options - Option Trading Tips
Financial Model - A nice clean financial model driven by different calculators (such as Company, Market, Subscribers, etc.) developed by Bill Snow.
Forecasting Model - Step by step financial model for forecasting financials created by Sam Gui
Economic Evaluation - Step by step workbook for evaluating the economics of a system investment - Automated Concepts

Note: Most of the spreadsheets on this web page are from different sources. Where possible, a link has been provided back to the source. If you have questions, please contact the source. Only four spreadsheets were created by Matt H. Evans (No's 48, 54, 58, 64). If you need other spreadsheets not listed above, then please refer to the many links listed below for additional help.
Top Five - Five most popular files downloaded from this web page।

(http://www.exinfm.com/free_spreadsheets.html)

Foreign investors not keen on Vietnam’s agriculture

Vietnam has attracted US$63.7 billion of registered capital from foreign investors and $30 billion has been disbursed; only $3.78 billion (5.6% of the total) and $1.9 billion are the respective figures for agriculture.

The lack of a long-term FDI drawing strategy, poor rural infrastructure, low labour skills, high risks are still big barriers preventing foreign investors from accessing Vietnam’s agricultural sector.
Unattractive agriculture

The country currently has 758 foreign-invested projects in agriculture, which bring the annual turnover of around $312 million, including over $100 million from exports.

However, experts have said that investments in this sector have to face many latent risks from weather, market, low profit, and dependence on the growing periods of plants and animals.

As a result, foreign investors focus their money on projects that allow them to quickly recover their investment, such as producing animal feed and processing agricultural products instead of developing bio-technology in agriculture, creating new plant varieties by cross-breeding. Specifically, foreign investment in plantations, agricultural and animal feed processing projects accounts for 76% of the total foreign investment in agriculture.

Additionally, agricultural projects are often carried out in rural areas, where the supportive resources for investors are poor, resulting in the dissolution of up to 30% of projects.

Some investors need to use vast areas of land for their projects but provinces have allocated their land to farmers already. Agglomerating land to have a large production area is a decisive factor to attract foreign investment in agriculture but this is really a very difficult task for local governments because of the lack of a clear policy on compensation, tariff, and investment incentives.

A strategy for agriculture

The agricultural sector still lacks a strategy to lure foreign investment so one of the most important points of the “Strategy to attract and raise the effectiveness of foreign investment in agriculture”, which is being compiled by some state agencies, is defining the role of foreign investment in the needs of development investment of this sector, key projects that need foreign investment.

Accordingly, solutions to attract foreign investment in agriculture will include three major groups: raising the effectiveness and quality of planning tasks and development plans of each agricultural branch; making complete mechanisms and policies on encouraging foreign investment in agriculture; promoting foreign investment in agriculture.

Official development assistance (ODA) capital will be used to develop rural infrastructure, implement vocational training programmes for farmers, scientific research, and technology transfer in agriculture.

Foreign investors will be encouraged to invest in ago-forestry processing, afforestation-wood processing, animal husbandry and animal feed production.

This month the Ministry of Agriculture and Rural Development will issue the strategy and plan for the use of foreign investment to 2010. The government will approve and issue new policies to lure foreign investment into agriculture and forestry sectors. All of the moves aim to raise US$1.5 billion of foreign capital for the agricultural sector from now to 2010.

Source: VietnamNet

Banks look overseas

Under the approval of the State Bank of Vietnam (SBV), Sacombank has become the first commercial bank of Vietnam to have a representative office abroad. This move proves that Vietnamese banks now are not only focusing on competition in the home market but aspiring to go abroad.

Looking for foreign markets

A mission of Sacombank has gone to China to perform formalities to open the bank’s representative office in Nanning city, Guangxi province.

Chinese authorities have agreed in principle and the office will be put into operation later this year. At the same time, Sacombank has applied to open branches in Laos and Cambodia. The bank’s rep. office in China will survey the economic, finance and banking, monetary, and credit situation in China to seek business opportunities for Sacombank.

By opening this rep. office in Guangxi, Sacombank has become the first commercial bank of Vietnam having an overseas rep. office.

Opening rep. offices or branches is not a new thing for the Bank for Foreign Trade of Vietnam (Vietcombank). Several years ago, this bank had a plan to open a branch in the US but owing to many reasons, Vietcombank couldn’t enter this finance-banking centre.

In 1970, Vietcombank had a financial company in Hong Kong, the Vietnam Finance Company. At that time, the role of this company was great when international payment in Vietnam faced many difficulties. But now, as means of payment are diverse, Vietcombank needs to have a branch with many more functions.

With its potentials, Vietcombank could open branches in neighbouring countries but the bank has a bigger dream in wanting to set up a branch in the US.

“The first move abroad shows that we not only know how to take defensive measures but also attack,” said Dang Van Thanh, Chairman of Sacombank Board of Directors.

The prestige of banks

A banking expert raised concerns about a regulation which could hinder the operations of banks. Once he went to the My Xuyen Commercial Joint Stock Bank in the southern province of An Giang to exchange US$1,000 into Vietnam dong. The bank’s staff said that as a rural bank, My Xuyen didn’t have a licence to exchange foreign currencies and they told him to go to a gold shop next door.

“Why can a gold shop exchange foreign currencies but a bank with capital of VND500 billion (US$31.250 million) is not licenced to do so?” he asked. This shows that banks are being restricted by irregular rules.

Recently, three banks, the HCM City Housing Development Bank, Phuong Nam Bank and Saigon Bank, have been licenced to trade gold on foreign accounts, raising the number of banks permitted to do so to ten. The Southeast Asia Bank is permitted to perform payment factoring service.

The above expert said that these were high-class services that could increase the prestige of banks. “With those tools, banks can get nearer to people and enterprises,” he said.

Source: Sài Gòn Tiếp thị

Agribank joins parade of banks selling insurance

Agribank joins parade of banks selling insurance

The Bank for Agriculture and Rural Development of Viet Nam (Agribank) yesterday launched Agriculture Bank Insurance Joint Stock Corp (ABIC), which will operate non-life insurance services.

The corporation has VND160 billion (US$10 million) in chartered capital, of which Agribank holds a ruling stake of 47.81 per cent, Viet Nam Reinsurance Joint Stock Co holds 10 per cent and Agribank Leasing I&II companies hold 11.12 per cent.

At the launch ceremony, Agribank signed a contract to provide IT solutions to ABIC. At the same time, ABIC also signed two other contracts to supply insurance services to TMT Motor Joint Stock Co and Long Hai Technologies Applying and Transferring Joint Stock Co. Financial terms of the three contracts have not been released.

"With a very large operational network, the company will provide special insurance services to support remote rural areas. Our network coverage will be considered as our main advantage over competitors," said Chief Executive Officer of ABIC Nguyen Huu Luong.

The corporation would also try to achieve targets ratified by the Prime Minister so that by 2010, revenues from insurance services in rural areas will reach VND9 trillion ($562.5 million), equivalent to 4.2 per cent of GDP, he added.

"We are keen to encourage competition in this sector. It is likely to heat up rapidly among domestic insurance enterprises in such areas as quality, operational network capacity and human resources," said Director of the Insurance Department under the Ministry of Finance Trinh Thanh Hoan.

In the first half of this year, revenues from the non-life insurance services fetched nearly VND4 trillion ($250 million), an increase of 38 per cent compared with the same period last year. And the total revenue in this sector increased to over VND8.3 trillion ($518 million).

According to Phung Dac Loc, chairman of the Viet Nam Insurance Association, the nation’s entry into the World Trade Organisation was expected to open more opportunities for enterprises but the competitive pressures on the market would also significantly increase.

Insurance enterprises are also getting ready to compete with other diversified financial institutions such as banks, securities firms and real estate investments.

Agribank is the third state-owned bank to join this sector and ABIC is the corporation with biggest charter capital among existing domestic insurance enterprises.

Early this year, Vietcombank announced a new partnership designed to help the bank break into the insurance market, signing a VND140 billion ($8.75 million) deal with Cardiff, the insurance provider for BNP Paribas Assurance, and the Southeast Asian Bank (SeABank), to create VCB Cardiff Life Insurance ltd.

Following this event, Bank for Investment and Development of Viet Nam (BIDV) bought interests in Australia QBE Insurance Co and in the Viet Nam-Australia Insurance Joint Venture. The bank founded the Bank Insurance Co with capital of VND80 billion ($5 million).

HSBC has also opened a representative office for HSBC Life International ltd in Ha Noi. The office will serve as spearhead for the bank to penetrate the domestic life insurance market.

Source: Vietnam News

What standards to be applied for coffee exports?

What standards to be applied for coffee exports?

Coffee exporters cannot sign export contracts at this moment, as they do not know what standards will be applied for the exports, while the new coffee crop 2007-2008 is only one month away.

Most refused coffee sourced from Vietnam

The International Coffee Organisation (ICO), of which Vietnam is a member, has recently announced that the volume of refused coffee of Vietnam in the 2006-2007 crop kept increasing, according to the statistics of LIFFE.

Among the refused 708,300 coffee bags (60 kg for each), Vietnamese products accounted for 88%, or 37,000 tonnes, an increase of 19% over the previous crop.

Van Thanh Huy, Chairman of Vicofa (the Vietnam Coffee and Cocoa Association), said that most local coffee exporters still applied TCVN 4193:1993 standard, set in 1993, out of date compared to international standards. Currently, most exporters apply R2 standard for robusta.

Every year, Vietnam exports 800-900,000 tonnes of coffee with 1% of impurities, and 8-9,000 tonnes are refused. Though having good aromatic flavour, Vietnam-made coffee is always ranked as 3rd or 4th class products due to impurities and broken beans.

Many coffee exporters in Dak Lak said that they were capable of making coffee which could meet R1 standard, which is $30-40/tonne more expensive than R2 standard products.

However, the application of R2 standard is the habit of enterprises. One coffee dealer related that he wanted to sell R1 coffee, but the buyers all wanted to buy R2 products, and he had to add ‘some more things’ to turn R1 into R2 coffee.

Which one: previous or new standard to be applied?

The 2007-2008 crop will begin in October, or just one more month. Normally, enterprises make deals and sign export contracts with foreign partners several months before the crop begins. However, coffee cannot do that this year, because they don’t know if the TCVN 4193:2005 will be applied this year.

In May 2007, the Ministry of Trade, now the Ministry of Industry and Trade, sent a dispatch to coffee exporters, saying that the new standard TCVN 4193:2005 would be applied this year in order to upgrade the export quality.

After that, the Ministries of Trade and Agriculture and Rural Development both sent dispatches to the Ministry of Science and Technology (MST) requesting that the ministry promulgate the regulations on examining coffee exports in accordance with TCVN 4193:2005, commencing from October 1, 2007. However, MST has not made any move.

TCVN 4193:2005 has been recognised by ICO which wants Vietnam to apply it soon. However, problems still exist.

Mr Huy from Vicofa, on one hand, thought that the new standard should be applied, on the other hand, said that the tardiness in enacting legal documents would put difficulties on exporters.

In order to apply the new standard, enterprises need more time to upgrade the processing line and purchase more equipment.

Nguyen Thanh Bien, Deputy Minister of Industry and Trade, has warned that once the new standard was applied, several tens of thousands of tons of lower quality coffee would be weeded out.

Do Ha Nam, Director of Intimex, the biggest coffee exporter in Vietnam, said that farmers would need more time to change their habits of harvesting and drying; therefore, the new standard should not be applied right this year.

“This would put hard pressure on tens of thousands of farmers who grow coffee nationwide,” Mr Nam said, adding that it was necessary to draw up a roadmap for the application of the new standard, while it could not be implemented immediately.

Vietnam exported 893,000 tonnes of coffee in the first seven months of the year, earning $1.32bil of the targeted $1.46bil worth of coffee export turnover for the whole year of 2007.

Source: Thời báo Kinh tế Sài Gòn

Saturday, August 18, 2007

Vietnam Maps

The following maps were produced by the U.S. Central Intelligence Agency, unless otherwise indicated. Country Maps

Vietnam (Political) 2001 (208K) and pdf format (214K)
Vietnam (Political) 1992 (189K)and pdf format (202K)
Vietnam (Shaded Relief) 2001 (258K) and pdf format (261K)
Vietnam (Shaded Relief) 1992 (233K) nd pdf format (241K)
Vietnam (Shaded Relief) 1985 (296K) pdf format (299K)
Vietnam (Small Map) 2007 (21K)
Vietnam: Administrative Divisions 2001 (187K) nd pdf format (194K)
Vietnam: Administrative Divisions 1992 (139K)nd pdf format (142K)

Regional Maps

Indochina (Shaded Relief) 1985 (342K)
South China Sea (Islands) 1988 (229K)
Spratly and Paracel Islands 1988 (229K)
Spratly Islands 1995 (218K)
Spratly Islands 1988 (223K)
Spratly Islands (Small Map) 2007 (9K)

Historical Maps

Indo-China 1886 "Map of Indo-China showing proposed Burma-Siam-China Railway" from the Scottish Geographical Magazine. Published by the Scottish Geographical Society and edited by Hugh A. Webster and Arthur Silva White. Volume II, 1886. (533K)
Indochina and Thailand, Series L506 (Topographic Maps) 1:250,000, U.S. Army Map Service, 1954-
Indochina Atlas 1970

Thematic Maps

Indochina Atlas 1970
Indochina Ethnolinguistic Groups From Indochina Atlas, 1970 (654K)
Vietnam [South] - Economic Activity from Map No. 500874 1972 (140K)
Vietnam [South] - Ethnic Groups from Map No. 500874 1972 (174K)
Vietnam [South] - Land Utilization and Vegetation from Map No. 500874 1972 (174K)
Vietnam [South] - Population from Map No. 500874 1972 (146K)

Maps on Other Web Sites

(http://www.lib.utexas.edu/maps/)

Vietnam Google Satellite Map

Vietnam Google Satellite Map

Welcome to google maps Vietnam locations list, welcome to the place where google maps sightseeing make sense! With comprehensive destination gazetteer, maplandia।com enables to explore Vietnam through detailed satellite imagery — fast and easy as never before. Browse the list of administrative regions below and follow the navigation through administrative regions to find populated place you are interested in. You can also take advantage of our two following search bars. Your Vietnam google satellite map sightseeing
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browse Vietnam google maps gazetteer

Browse the most comprehensive and up-to-date online directory of administrative regions in Vietnam. Regions are sorted in alphabetical order from level 1 to level 2 and eventually up to level 3 regions.

An Giang - Yen Bai

Vietnam and neighbouring countries

Vietnam in Google Earth

Explore Vietnam in Google Earth: use the regional directory or search form above to find your Google Earth location in Vietnam. We do not provide Google Earth links at the country or regional level, however each populated place page (at the last level of above directory) links directly to Google Earth. So don't wait. Explore the world now!

If you would like to recommend this Vietnam map page to a friend, or if you just want to send yourself a reminder, here is the easy way to do it. Simply fill in the e-mail address and name of the people you wish to tell about Maplandia.com, your name and e-mail address (so they can reply to you with gracious thanks), and click the recommend button। The URL of this site will be included automatically. You may also enter an additional message that will be also included in the e-mail.

Vietnam google satellite maps link options

link to us:

There are several options how to link to our maps — including no elsewhere to find free google maps gazetteer search, ready to use on your website। Please choose in the list below and simply copy & paste mentioned HTML code into your page source code। Thank you for all links!

IMPORTANT NOTE: The map search box code must be pasted directly into web pages without modification। You are not allowed to alter any portion of the link code or change the layout or targeting for any reason.

(http://www.maplandia.com/vietnam/)

Friday, August 17, 2007

Track Google AdSense Clicks via Google Analytics - Free AdSense Tracker

There have been 3rd party javascripts that track adsense clicks out for a while, but no free ones to my knowledge that track clicks on Firefox. Until now.

This free script integrates with Google Analytics to allow you to track your adsense clicks.

This tracking is done through "Goals". A goal is a way of tracking when a website visitor does something you want - Buy an item, submit a contact form, or in our case click an adsense ad.

Create a goal: To create a goal you assign it a URL. This url doesn't have to exist, as the javascript will trigger it.
In the Goal URL field, enter "/asclick" and "AdClick" for the goal name.

Adding the javscript to your page: Copy the astrack.js to your website server and add the following to the footer of your website. This has to come after all adsense code.

Testing it: DON'T! There is no way to test that this works as it tracks adsense clicks, and you can't click your own adsense. You'll just have to trust me that works :)

After some time you should start seeing goal tracking appearing in your stats.
For example, here is source conversion. Note that the percentages are based on Visitors, not Pageviews, so they do not compare to CTR.

Google Analytics Source Conversion.

So from that graphic we can see that out of 11 visitors that came from MSN, 54% of then clicked on an adsense ad over the course of their visit.

Below many graphs in Google Analytics is a list with round arrows. If you click the arrows on almost any item you see an option for "To-date Lifetime value".

Google Analytics Lifetime.

Click this and you see the Goal conversion for that item. For example here is the Coversion rate for DSL users.

Google Analytics DSL user conversion rate example.

Once you have Google Analytics tracking your clicks, you can cross segment that data to almost any other data Google Analytics shows। It becomes a very powerful way of optimising your site, not just for CTR, but for the type of visitors that click adsense.

http://www.seobook.com/archives/001370.shtml

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Wednesday, August 15, 2007

Korean Fashion Brand for Vietnam

A Korean Fashion Brand for Vietnam

This is the third time VIENUS organized a fashion show and attended a fair in Vietnam. As a new fashion brand-name in Vietnam but Vienus promises to be one of the leaders in the Southeast Asian region. The Vienus products are made of special material that is used for the first time in the world. The designers have tried to find fabric that is quickly moisture-absorbed and fast-dried. Especially it is used for making raincoats. They said when we wear normal a raincoat, we feel a little sticky because of humidity. But this special kind of fabric which has two opposite functions that the supper water repellent outer layer sheds rain, can absorb and dry body sweat at an incredible rate. The idea is from data of hot and humidity weather in Vietnam. It is over 25oC except December, January and February in Hanoi. The yarn of PTT is newly developed by Dupont. It is differentiated from existing Coolever, which is obtained by using PTT polymer. In addition, PTT provides various benefits such as soft touch, vibrant color, chlorine and UV-resistance resulting from unique molecular structure. The second fabric used is Bi-tech with two main functions which compliment each other ultra water repellent outer layer super wicking and absorption inner surface. And the last is ice fill. It has the larger dimension of yarns than others so a person is going to feel to be cooled by physical heat absorption. It also blocks IR rays by Nano Aqua Chemical. The last characteristic is ice fill is to be made with Xylitol. Xylitol takes more heat from the body when the sweat evaporates so when a person wears these clothes, he/she feels much cooler as three degrees less than normal temperature.

Last year, Vienus created characters of the twelve zodiac, created traffic signal. The idea was created when the fashion designer Dolien Han drove from Tan Son Nhat Airport to the center and saw three accidents. Right there he wondered why he didn't create something to help Vietnamese people to prevent from accident. Then he thought of using fluorescent and luminous paint, also using reflection sheet for the clothes of motorcyclists. Vienus, a fashion brand, comes from the Vietnamese flag. The yellow star in flag is called Venus in astronomy. So they attached three front digits in Vietnam and Venus to make Vienus. It means Vienus is created only for Vietnamese people? Mr Han said yes. He loves Vietnam and always thinks of the way that contributes to Vietnam, not just for benefits. But he also hopes that he will be successful in franchising and enlarging the market in America, Europe and Southeast Asia after he set up a fabric factory in Vietnam. Now Vienus company is launching T-shirts, pants and skirts (65 percent of total), 10 percent with jumper, one-piece and vest, raincoat is 15 percent of total and the last group is 10 percent with gloves, cap, and neck cover for women who want to have white skin in this area. Particularly, all of them are casual, sport and loved by the young people who like convenient and young clothes. Vienus is planning to open a range of shops, department stores, branches and outlets in big cities which have a population of over two million.

Designer Dolien Han whose name goes with a lot of fashion brands in Europe and North America comes from Korea. He has graduated from fashion designing in Paris. He has experience in designing at the biggest fashion centers of the world like Paris, Rome, New York and Seoul. When he started investing in the Vietnamese market, many people advised him not to do that. "He is going to be broken", they foretold. But Dolien Han determined to follow his plan. He thinks he will be successful, but more importantly, he wants to do something for the country he loves. He said, "I don't know why I feel close to Vietnam". Last year, he found a model who has endorsed his product. Miss Nguyen Thanh Ha entered the final contest of Nguoi dep Kinh do Viet Nam (Miss Vietnamese Capital Cities). She was not the most beautiful contestant but Dolien Han believes that she has a face suitable for his products and she can contribute to promoting his brand image.

(ven.vn/English)

Tuesday, August 14, 2007

Macs also get Google Earth

Google Earth is officially out for the Mac OS X - at last! (download.) Smooth.
If you're not familiar with it, Google Earth is an application that lets you look at and navigate through aerial 3D maps of many regions of the world. So far it was only available for Windows - and that deeply bothered Mac users. A beta Mac version was "leaked" (or maybe let go intentionally on a "debug-by-users" approach) last November. I've been playing with it: I'm not sure what improvements the guys at Google have made, but the "leaked" version वास 3.1.0371, the "official" one is 3.1.0527

Links: Atom for KML, ColorIt, Bikemap.de

Atom for KML: Very interesting post by Sean Gillies: Atompub, KML and Google Earth. Just as you can today use the Atom publishing protocol to post and edit entries in a blog, Sean suggests that soon we may be using it (or something similar) to post and edit content in a KML file. That would make parallel publishing/updating to not just HTML and RSS but also KML very easy. I like it!
Coloring maps: I've seen this mentioned on some geoblogs but hadn't tried it until now. Zonum's ColorIt, which first offers you a set of map boundary data for subdivisions of a country or state (globally), then colors it, and finally lets you export the data as KML (where you can play with transparency), is actually really cool:

But Zonum has more Google Earth related stuff on his website, all of it under the radar until now (at least my radar): There is a whole collection of free small converters available, for example for turning an Excel spreadsheet into KML, KML into a Shapefile (and back), finding the bounding box coordinates, KML to AutoCAD DXF and a lot more. Check it out to see if there is a tool there for you.
Bikemap.de is a German-language community site for bike routes, with nice design, height data, embeddable maps, and exporting as GPX and KML. It uses the new MyMaps tools for editing and adding routes. Definitely worth a look. (Via Teddy Krieger)
Sketchup campus competition downunder: After the US SketchUp campus building competition, there's one for New Zealand and Australia.
Immersive US cities: Launching later this year, EveryScape, which seems to be a US counterpart to urban panorama sites Arounder and 360 Cities, though with a "mentored" user-generated component. EveryScape also has in-picture links to more info and to nearby locations — it's just like a real-life verson of Myst:-) No word if there will be a overlay for Google Earth. (Via O'Reilly Radar)
UK GE imagery update: Google's latest dataset update erases some recently built infrastructure at UK's RAF Fairford air base, where B2 bombers are stationed, according to Secret Bases, a UK military site. Apparently, older data has replaced newer data. Is it a conspiracy? I doubt it, as only the southern edge of the base was updated, as part of a much bigger wedge of data.
Hurricane tools: The GuiWeather site has updated their KML offerings in time for the US hurricane season.
Pilot tools: Climb! for Mac is a pilot logbook. It's database of airports now has links to the view in Google Earth. (Perhaps future versions will let you fly your track in Google Earth?) ($30)
Virtual globe UI: OnomyLabs Geo-Explorer Table lets you tilt and rotate a table to navigate a virtual globe। It was demoed at the 2006 Where 2.0 and looks like

(ogleearth.com)

3d on Google Earth

Sunday, August 12, 2007

With duties cut, will prices go down?

With duties cut, will prices go down?

The Ministry of Finance has issued decisions reducing import duties levied on over 20 categories of goods in an effort to cool inflationary pressures, but whether prices will go down still remains to be seen.

The duties on many categories of goods have been reduced by half or more. Businesses, however, are doubtful that the new measures will have much significance.

"Taxes only account for a small part of the prices of our products," said Viet Nam Dairy Products Joint Stock Company (Vinamilk) deputy general director Tran Bao Minh. "Meanwhile, now we have to import materials at a cost nearly double that at the beginning of the year [US$5,200 per tonne compared with $2,700]."

For steel makers, cutting prices at the moment seems impossible, as the prices of steel ingot have increased rapidly. Ingot costs have reached $500 per tonne, up $60-70 per tonne over last year’s average.

"The price of steel ingot can be reduced only $15 per tonne as the import duty applied has been reduced from 5 per cent to 2 per cent – it’s not very significant," said Viet Nam Steel Corporation’s marketing department deputy director Le Thiet Hung.

Prices of foodstuffs are not likely to go down, according to Vissan Company general director Bui Duy Duc, who explained that supply is now scarce on both the home and world markets.

Duc gave pork as an example: the local supply has been reduced due to an epidemic, and on the world market, China is also a big importer, so it’s not easy to maintain a sufficient amount from imports to meet domestic demand.

The Ministry of Finance, however, sees the situation differently.

"We believe that the tax policy will help improve the current situation," Deputy Minister of Finance Truong Chi Trung said yesterday at a press conference discussing measures to stabilise market prices.

"All of those categories of goods with reduced import duties] previously had high tax rates imposed, so now with many articles seeing duties cut in half or more, prices will decrease considerably," he said.

Trung stressed the importance of maintaining strict controls over companies artificially setting prices, saying the ministry had set up groups of inspectors to check large steel and gas companies next week.

"Managing prices will be a key task in the final months of the year," he said.

A set of financial and monetary measures would also be carried out to curb inflation, Trung said.

The CPI has increased 6.19 per cent since December, according to the General Statistics Office. Inflation can increase by no more than 0.4 per cent per month over the rest of the year to keep inflation for the whole year below the GDP growth rate.