AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. The first fiscal of 2021 marks the first time in nine quarters that Apple's Services segment increased revenue by more than 20 percent. Apple Music In Apple's quarterly earnings announcement on Jan. 27, the company announced Services revenue of $15.8 billion for the final three months of 2020, representing a 24% increase over the same period in 2019. "The steep integration of hardware, software and Services have always defined our approach here, and it has delivered an all-time quarterly Services record," Apple CEO Tim Cook said on the earnings call. "This was the first quarter of the Apple One bundle, which brings together many of our great Services into an easy subscription, and with new content being added to these services every day, we feel very optimistic … [Read more...] about Apple raked in record $15.8B in services revenue during Q1
Accrued service revenue 900
Q1 retail revenue reaches US$50 billion
Q1 retail revenue reaches US$50 billion By Thanh Thom A customer inspects farm produce at a local supermarket. Vietnam’s total retail revenue from goods and services in the first quarter of 2019 rose 12% over the same period last year – PHOTO: VNA HCMC – Vietnam’s total retail revenue from goods and services in the first quarter of this year was estimated at VND1.185 quadrillion, equivalent to US$51 billion and up 12% from a year earlier, the General Statistics Office noted in its latest socioeconomic performance report. The office’s data shows that the total sales of goods and services in March, the month after the Lunar New Year (Tet holiday), rose by 0.9% over the previous month to VND392.2 trillion, a year-on-year rise of 12.1%. Last month saw sales of goods increase at a faster month-on-month rate of 0.8%. At the same time, sales continued to grow for accommodation and food, tourism and other services by between 0.6% and 1.5%. Between January and March, … [Read more...] about Q1 retail revenue reaches US$50 billion
Healthcare service fee cuts put pressure on hospitals
A nurse checks on a child at Lào Cai General Hospital. Patients will now pay anything from 5 to 50 percent less for dozens of services. — VNA/VNS Photo Quốc Khánh Viet Nam News HÀ NỘI — Costs have been cut for 70 healthcare services at hospitals and clinics nationwide following a circular that took effect on Sunday. Patients will now pay anything from 5 to 50 per cent less for dozens of services. For many few patients and their families, the decision is welcome news. Lê Thị Út from the Mekong Delta Province of Tiền Giang is a relative of a patient being treated at Trưng Vương Hospital, and is happy with the price cuts. “For poor people, health insurance only covers part of hospital fees. Thanks to this fee reduction, it won’t cost us as much,” she told Vietnam News Agency . According to the new circular, fees for six services at five levels of hospitals and communal clinics have fallen by 17 per cent on average. Bed fees have been cut … [Read more...] about Healthcare service fee cuts put pressure on hospitals
2019 retail revenues soar by 11.5% from Jan to Aug
2019 retail revenues soar by 11.5% from Jan to Aug The Saigon Times Daily Consumers select grapefruit at a Co.opmart supermarket. Vietnam’s retail revenues soared by 11.5% year-on-year between January and August. – PHOTO: HUNG LE HCMC - Retail revenues in Vietnam rose by 11.5% from January to August, compared with the same period in 2018. Retail revenues, which include the sale of goods and services, reached VND3.2 quadrillion (US$137.8 billion) during the eight-month period, according to the General Statistics Office. Officials noted, however, that while the growth rate was lower than in the same period in 2018, it was also higher than the annual growth rate from 2015 to 2017. During the 2019 eight-month period, sales of cultural and educational goods, food and foodstuffs, garments, vehicles, home appliances and transport increased by 8.5%-13.6% against the year-ago period. The cities that registered strong retail sales growth included Quang Ninh (19.5%), … [Read more...] about 2019 retail revenues soar by 11.5% from Jan to Aug
Public services get good rating
The survey showed that between 74.4 per cent and 87.2 per cent of respondents had positive assessments of public servants’ capacities and attitudes while performing their duties.. — Photo nld.com.vn Viet Nam News - HÀ NỘI — A survey publicised yesterday by the Ministry of Home Affairs found that people in 10 selected Vietnamese provinces and cities are generally satisfied with local public administration services. The survey was conducted in 2014 and the first six months of 2015 to calculate the Satisfaction Index of Public Administration Services. It was organised by the Ministry of Home Affairs, the Việt Nam Fatherland Front Committee and the Việt Nam Veterans’ Association. The survey measures people’s satisfaction with six administration services: the granting of identification cards, land use certificates, house building permits, marriage certificates, birth certificates and the certification process. Those procedures are closely related to people’s daily lives, and … [Read more...] about Public services get good rating
On-site reproductive, family planning services improve female factory workers’ health, productivity
A female worker receives sexual and reproductive services as well as family planning information through BlueStar clinic, located inside the Pou Yuen factory in HCM City’s Bình Tân District. — Photo mariestopes.org.vn Viet Nam News HCM CITY — More than 27,000 female workers have been provided information about sexual and reproductive healthcare and family planning as the result of the Business Partnership Platform (BPP) funded by the Australian government. A dissemination workshop was held today at Pou Yuen Co., Ltd in Tân Tạo Industrial Zone in the city’s Bình Tân District to share the impact and key findings from November 2016 to June 2018. The project’s aims including improving the health and well-being of Pou Chen Group’s predominantly female workforce by enhancing the provision of specialist sexual and reproductive healthcare on-site at its Pou Yuen factory. Nguyễn Trọng Hậu, director of the initiative, said nearly 80,000 workers at the factory have … [Read more...] about On-site reproductive, family planning services improve female factory workers’ health, productivity
HCM City cracks down on prostitution, gaming at service businesses
City inspectors visit Ruby Restaurant on Tôn Thất Tùng Street in HCM City’s District 1 on May 31. Police detained many customers and waitresses after the inspection. — VNA/VNS Photo Thành Chung Viet Nam News HCM CITY — The HCM City People’s Committee has asked a number of local administrative agencies to crack down on illegal prostitution and gaming activities at service businesses like bars and massage parlours. The city’s Department of Culture and Sports will be responsible for working directly with agencies and district authorities to report violations to the People’s Committee. The Police Department will inspect and supervise service businesses such as karaoke bars, restaurants, hotels, massage parlours, gaming clubs and sports clubs. The city’s Department of Justice plans to draft new regulations on service-related business management and submit it to the People’s Committee by August 30. The People’s Committee said that regulations in the current law … [Read more...] about HCM City cracks down on prostitution, gaming at service businesses
Vietjet’s ancillary revenue ranks among Top 12 airlines in the world
Vietjet’s ancillary revenue ranks among Top 12 airlines in the world Vietjet's audited business results of H1/2019 showed the revenue of passenger transport stood at VND18,984 billion, a year-on-year increase of 17%. Accordingly, ancillary revenue of passenger transport reached VND5,429 billion, up 43% year-on-year thanks mainly to the growth of international passenger transportation. The proportion of ancillary revenue in total air transport revenue was 27%. The 2019 CarTrawler Ancillary Revenue YearBook (*), which comprises statistics from more than 100 airlines’ audited financial statements, showed that Vietjet is ranked 12th in terms of ancillary revenue to total air transport revenue ratio. According to the sustainable development model of low-cost carriers (LCCs), ancillary revenue is a decisive factor in the success of a carrier when its profit margin reaches over 90%. Aiming to expand its service ecosystem and continue on a path of sustainable development, … [Read more...] about Vietjet’s ancillary revenue ranks among Top 12 airlines in the world
Nearly 900 karaoke bars shut down in Hà Nội
The scene of a fire which occurred at a karaoke bar in Hoàng Mai District last year. — VNA/VNS Photo Doãn Tuấn Viet Nam News HÀ NỘI — Nearly 900 karaoke bars in the capital have been closed due to fire safety violations, according to Hà Nội’s Fire Department. Most businesses were in the suburban districts of Chương Mỹ, Đông Anh, Phúc Thọ, Sóc Sơn and Mê Linh. In the inner city, Đống Đa District topped the list with 40 violations, followed by Hai Bà Trưng District with 28 and Hoàn Kiếm with 12. Hà Nội’s People’s Committee had instructed the Fire Department to work with related agencies to conduct safety checks at all karaoke bars in the city. In May and July, the fire service inspected and published a list of high-rise buildings, offices, medical and school facilities that violated fire regulations. In March, the owner of a karaoke bar in Hà Nội was sentenced to nine years in prison for a fire that killed 13 people just over a year ago. — VNS … [Read more...] about Nearly 900 karaoke bars shut down in Hà Nội
HCM City customs revenues drop in first half
Revenue from the customs sector in HCM City fell in the first five months of the year due to a decline in import tax rates agreed to under several trade agreements that took effect earlier this year, according to the city’s Customs Department. — VNA/VNS Photo HCM CITY — Revenue from the customs sector in HCM City fell in the first five months of the year due to a decline in import tax rates agreed to under several trade agreements that took effect earlier this year, according to the city’s Customs Department. The information was released at a meeting held on May 30 to review the city’s socio-economic development in the first five months of the year. Customs revenue reached VNĐ39.500 trillion (US$1.72 billion) in the first five months, accounting for nearly 37 per cent of the plan, a drop of more than 6 per cent over the same period last year. The Customs Department was asked to target VNĐ108 trillion in collections for the city’s budget this year, VNĐ1 trillion lower … [Read more...] about HCM City customs revenues drop in first half