On, a startup operating in the field of e-commerce (e-commerce) in Vietnam, has raised US$ 1.1 million in a seed round, according to TechinAsia.
On’s seed round was led by venture fund Touchstone Partners. This round also had the participation of investment fund ThinkZone Venture. These venture capital funds are all based in Vietnam and keen on startups in the fields of technology such as Fintech, Edtech, Logistics and others.
Launched in March 2021, On is a platform that allows individuals to market products to their friends and family and earn commissions based on each transaction. On will handle the entire process, from introduction, processing, and implementation to delivery.
This platform will help generate income from sales for those who want to do business online. In particular, participants in this network will not need capital to import or store goods.
To make it more convenient for both sellers and buyers, On is developing a delivery platform called OnDelivery with about 24,000 drivers in the network.
This platform is founded by Giang Nguyen, a former technology leader at FPT Software. The two co-founders include Dzung Luu (former human resources director of ride-hailing company Be) and Minh Nguyen (former CFO of Logivan).
Online currently has more than 10,000 sales associates, who can earn about $300 per month on average. There are about 20,000 products for sale on the platform.
According to Techinasia, On plans to use the newly raised funds to expand its presence and to provide management services, delivery and capital support for sales associates.
On’s business model is not new in Vietnam. In mid-2021, a similar platform named Cuccu.vn was introduced at the Shark Tank TV show.
Endangered turtles returned to wild
CHÀM ISLANDS — The Chàm Island’s Marine Protected Area (MPA) management board and Quảng Nam provincial rangers have released an endangered turtle to the local forest, three days after it was captured by a local farmer and handed to the MPA.
Huỳnh Thùy Hương, an MPA communication employee, told Việt Nam News that the Chinese strip-neck turtle (Mauremys sinensis) was found by Trương Công Tánh at a paddy field in Điện Bàn Town in Quảng Nam Province on January 14, who gave the turtle to the MPA.
The 1.5kg, 24cm shell turtle, which is listed in the International Union for Conservation of Nature as a critically endangered species, was returned to the wild on January 20.
According to MPA, seven tortoises and sea turtles, handed in by locals, have been released in the Chàm Islands in 2021.
The Chàm Islands-Hội An (including the total area of the Islands’ land and water and Hội An) was recognised as a World Biosphere Reserve in 2009. It is home to a large population of sea turtles and tortoises.
The MPA also reported that nearly 1,000 baby turtles had been released into the ocean in 2017-19 since the ex-situ hatching (moving turtle eggs to another place for hatching) conservation project was launched in 2017.
The Chàm Islands is the only successful site for the ex-situ turtle eggs hatching project in central Việt Nam. —
Ice, snow reported on Mount Fansipan
LÀO CAI — Ice and snow have been spotted on Mount Fansipan, the highest mountain in Việt Nam, as a result of widespread rain and freezing temperatures early Friday.
Light rain and snow occurred for about 10 minutes at 6:30am, resulting in a thin layer of ice on the ground on Mount Fansipan and nearby areas, according to a worker at the Fansipan cable car station.
This is the first rain with snow on this mountain, located in Lào Cai Province, since the start of the 2021 winter.
It is a rare phenomenon in tropical Việt Nam and only recorded in high mountain areas in the northern region in winter.
Travel businesses expect the weather will help attract more visitors to Sa Pa national tourism area during the coming Tết (Lunar New Year) holiday. —
Domestic waste fee to be charged based on volume
HÀ NỘI — Solid waste classification at source and volume-based waste fee collection must be implemented by 2024, according to the roadmap of the new Environment Law which took effect on January 1, 2022.
Nguyễn Thượng Hiền, deputy head of Việt Nam Environment Administration, said the 2020 Environment Law detailed waste classification at source and volume-based fees on collecting, transporting and treating solid domestic waste.
This is an amended point of the new law, requiring households and individuals to sort their domestic waste into three groups: recyclable waste, food waste and other types of domestic waste.
According to Hiền, waste classification at source in Việt Nam has been only applied at a small scale in some localities and not made compulsory. Expenses for collecting, transporting and treating solid domestic waste are currently paid by the State budget.
Each household pays the same waste collection fee depending on the number of family members, Hiền said. “This has not encouraged people to reduce, reuse and recycle waste as well as classify waste at source.”
“Collecting waste fees based on volume discharged means the more you release, the more you have to pay. That will encourage people and groups to recycle and reduce the amount of waste they throw away,” he said.
The Ministry of Natural Resources and Environment will compile technical instructions on solid waste classification at source and will issue it to help localities apply the new regulations, he said.
The amended Environment Law also stipulates that solid domestic waste which has been recycled is not subject to waste collection, transportation and treatment fees.
Food waste and waste classified as other types must be put in packages and transferred to treatment establishments.
Food waste can be used as organic fertiliser or animal feed.
Provincial people’s committees have the right to determine the fee level. The unit that collects and transports solid waste each day has the right to refuse to collect and transport the waste of households and individuals that has not been classified, according to the new law.
Detailed plans for waste classification at source and volume-based waste collection must be completed by local authorities no later than December 31, 2024.
Hiền said Japan and South Korea had managed to collect waste fees by selling packaging and waste containers.
The Vietnamese Ministry of Natural Resources and Environment has learned from the models and experiences of other countries while studying amendments to laws, he said. —
Future is now
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