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The U.S. Bank will provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. (Photo: VinFast) Hanoi (VNA) – VinFast on February 7 announced U.S. Bank (listed as US B on New York Stock Exchange) has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the US. The announcement comes as VinFast - a Vietnamese electric car producer - is preparing to open more showrooms in California, and develop plans for more locations around the country soon. Under the partnership, the bank will officially provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. Le Thi Thu Thuy, Vingroup Vice Chair and CEO of VinFast Holdings, said that with the goal of making electric vehicles accessible to everyone, VinFast is constantly looking for optimal solutions for customers. Thanks to this agreement, VinFast customers will have access to competitive … [Read more...] about U.S. Bank chosen to provide financing solutions for VinFast electric car users

Attending the 77th U.N. General Assembly (UNGA 77)’s plenary on Secretary-General António Guterres’s priorities in 2023, the UNGA 77 Vice President also called on the international community to join efforts to implement the sustainable development goals (SDGs), the 2030 Agenda and other global commitments and priorities, through respecting the U.N. Charter and international law. It is important to address conflicts by peaceful means, boost multilateral cooperation, strengthen financial support and reform of the international financial system, ensure resources for sustainable development, and pay more attention to climate change and justice, he emphasized. The diplomat also reaffirmed the country’s backing for the U.N. Secretary-General’s role and efforts, and its commitment to maintaining close collaboration with other U.N. member states. Guterres expressed his concerns about the complicatedly developing world situation, with multi-dimensional challenges from the lingering … [Read more...] about Vietnam reaffirms support for U.N. Secretary-General’s role, efforts

Entering 2023, Microsoft and Google announced global lay-offs of 10,000 and 12,000 employees, respectively. IBM laid off nearly 4,000 members, while Spotify cut about 6 per cent of staff. Since November last year, Meta, Amazon, and HP have also adjusted thousands of positions. Tech lay-off wave continues to bite at Vietnam’s heels, Illustration photo/ Source: freepik.com In Southeast Asia, Shopee parent company Sea Group, Crypto.com, e-commerce platform JD.ID, and GoTo – a merger between ride-hailer Gojek and e-commerce platform Tokopedia – are among the companies that experienced a drastic staff cut in the past year. GoTo in November 2022 cut 1,300 jobs, equivalent to 12 per cent of the number of employees, while Sea Group let go of 7,000 employees in the past six months. Both companies cited a common cause being challenging macroeconomic conditions. Industry insiders in Vietnam are generally wary of the effect this laid-off wave might have on the domestic market. … [Read more...] about Tech lay-off wave continues to bite at Vietnam’s heels

A VinFast VF8 model on the road in the US. — Photo courtesy of the company VinFast on Monday announced US Bank has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the United States. US Bank is a trusted lender for vehicle finance and leasing, serving millions of customers through consumer and business banking, payment services, corporate and commercial banking and wealth management and investment services. Under the partnership, US Bank will officially provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. “With the goal to make electric vehicles accessible to everyone, VinFast is constantly looking for optimal solutions for customers. Thanks to this agreement, VinFast customers will have access to competitive finance and lease rates and world-class customer service from US Bank,” said Le Thi Thu Thuy, Vingroup Vice Chairwoman and CEO of VinFast Holdings. “Many Americans … [Read more...] about VinFast chooses US Bank as preferred provider of vehicle financing

For urgent issues, N.A. agencies should actively and promptly work with relevant ministers and heads of ministry-level agencies to seek solutions, instead of waiting for question and answer (Q&A) sessions held by the legislative body and its standing committee. Notably, this year, the N.A. will conduct a vote of confidence for posts it elected and approved. Therefore, the work of preparing for deputies to properly assess their confidence with these positions is also an important responsibility of the Council for Ethnic Affairs, and committees of the legislature and its standing committee, the top legislator stressed. He also required the early and good preparations for state budget estimates and settlement, and parliamentary diplomacy, including foreign visits by the N.A. chairman and vice chairmen, and the organization of the Global Conference of Young Parliamentarians. At the meeting, N.A. Chairman Vuong Dinh Hue also reviewed the body’s two extraordinary sessions held in … [Read more...] about Top legislator stresses importance of keeping close watch on macro-economic situation

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - National Assembly (NA) Chairman Vuong Dinh Hue asked agencies of the NA and its Standing Committee to keep a close watch on the macro-economic situation, as well as financial, monetary, stock and real property markets, while meeting their standing members on February 7. For urgent issues, NA agencies should actively and promptly work with relevant ministers and heads of ministry-level agencies to seek solutions, instead of waiting for question and answer (Q&A) sessions held by the legislative body and its Standing Committee. Read full story - The coming visit to Singapore by Vietnamese Prime Minister Pham Minh Chinh will be a key platform for both countries to reaffirm their excellent ties, said Singaporean Foreign Minister Vivian Balakrishnan in his written interview with the Vietnam News Agency. Read full story - Prime Minister Pham Minh Chinh’s upcoming … [Read more...] about ☕ Afternoon briefing on February 7

Could you give an update about Antler’s portfolio? Magnus Grimeland It boasts about 680 companies in 25 locations across the world including Brazil, the United States, and Canada. In Europe, we are in most of the big capitals. In Africa, we’re in Nairobi. Asia is obviously a big focus for us with most of the major tech ecosystems in India, China, Vietnam, Indonesia, Singapore, Japan, South Korea, and Australia. We’re the world’s second most active early-stage investor now, and back the top 1 per cent of founders. We got 65,000 applicants last year from founders who want to work with us. Antler backs the best of the next generation of great companies, supporting their access to co-founders, supporting business model validation, putting in the first bit of capital with advisors across the globe, helping internationalise, and then we continue to back them. We also have a later stage fund, which enables us to invest directly into later stage companies. I’m incredibly … [Read more...] about Vietnam: the place to innovate with tech