Business

Bphone back on shelves from September 15 after one-month ordering suspension

By Thanh Duy September 12, 2017 | 06:51 AM GMT+7

After half a month stopping receiving orders, Bkav, the leading firm in network security, software, smartphone manufacturing and smarthome in Vietnam, would put its smartphone back on shelves from September 15.

Bphone would be back on shelves within next few days. (Photo: Thanh Duy/Zing)

Retailers and manufacturers of Bkav’s Bphone2 have announced that this product would be back on shelves from September 15 after Bkav’s announcement to stop receiving orders in order to upgrade its production line due to the sales failure of its first smartphone. Statistics have not been revealed.

Bkav’s smartphone has been only distributed in the Mobile World (The Gioi Di Dong), Vietnam's biggest retailers, to poll the customers before next decisions to collaborate with other retailers are made.

Bkav is quite cautious in this back, two years after the first Bphone failed in terms of sales, focusing on upgrading software to improve its product. Since the first Bphone, at least three updates on BOS have been released.

The VND9.8 million Bphone (roughly US$431.9) has been said to be unaffordable to a huge number of customers. However, Bkav’s CEO Nguyen Tu Quang explained that the company wanted to focus on high-level segment before accessing the lower one. He revealed that Bkav still had to compensate for the current Bphone until tens of thousand products are sold. According to analysts, this figure is affordable thanks to the distribution capacity of Vietnam’s biggest retailer and the upgraded products. The 2017 Bphone has a 5,5 inch Full HD display using a midrange Qualcomm Snapdragon 625 processor with 3GB of RAM and 32GB of storage, a 3,000 mAh battery supported by Quick Charge 3.0 and water resistance.  

Hoang Huy Group to raise $79 million for Haiphong property projects

Hoang Huy Group to raise $79 million for Haiphong property projects

Business -  11 hour

Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.

Cen Land transforms into real estate developer with bold goals

Cen Land transforms into real estate developer with bold goals

Business -  1 week

Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.

Menas signs to elevate lifestyle experiences at Keppel’s properties in Vietnam

Menas signs to elevate lifestyle experiences at Keppel’s properties in Vietnam

Business -  1 month

Menas Group has entered a strategic partnership with Keppel to co-develop an integrated ecosystem of lifestyle services across Keppel’s real estate projects in Vietnam, beginning with the landmark Celesta City development in Saigon South.

Phuc Sinh secures $15 million investment from Dutch investor for sustainable expansion

Phuc Sinh secures $15 million investment from Dutch investor for sustainable expansion

Business -  1 month

Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors

PVI Asset Management and SonKim Capital partner to revolutionize real estate investments

PVI Asset Management and SonKim Capital partner to revolutionize real estate investments

Business -  1 month

PVI Asset Management (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group has announced a strategic collaboration to develop innovative real estate investment products tailored for institutional investors and high-net-worth individuals.

Filum AI secures $1 million amidst funding winter

Filum AI secures $1 million amidst funding winter

Business -  1 month

Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.