Contest win prizes

Competition is heating up in Vietnam's consumer lending market as existing foreign financial organizations rush to expand as new entrants join the market. The joint venture, which marks Hyundai Card’s first overseas endeavor, is touted as a new growth engine in the Southeast Asian market in a company statement. Consumer lending in Vietnam has increased strongly in recent times on the back of rising affluence amid strong economic growth. “As the market continues its growth momentum, new players, including foreign financial institutions, have been looking for entry into the country,” said Mr. Masataka Yoshida, Senior Managing Director, Head of the Cross-Border Division, and CEO Vietnam at the Recof Corporation, a Japan-based merger and acquisition (M&A) consulting firm. One after the other Before Hyundai Card, a host of other South Korean financial players penetrated into Vietnam’s fast-growing consumer finance market. Lotte Card acquired Techcom Finance in … [Read more...] about Consumer lending a contested landscape

The top five teams contest the final round of the Blue Venture Award season 2 in HCM City on Tuesday. — VNS Photo Thu Ngan Season 2 of Blue Venture Award, the competition for social entrepreneurs, wrapped up in HCM City on Tuesday with Cricket One being named the winner. Following the success of last season, Blue Venture Award received a strong response from the start-up community this year. There were more than 200 entries from start-ups in technology, energy, education, tourism, environment, agriculture and other fields. Some of their products and services have been successfully tested locally, some are still ideas being turned into reality, but all seek a common goal of serving the community and contributing to positive changes in the world. The five most outstanding candidates competed in the final round, and Cricket One, a social enterprise applying cricket farming technology in protein production, was named the winner. Cricket One uses cricket-farming technology to develop … [Read more...] about Protein production start-up wins competition for social entrepreneurs

Luong Thuy Linh, Vietnam’s representative at Miss World 2019, has been named among the Top 10 finalists in the Beauty with a Purpose segment at the ongoing pageant in London, the UK. The Vietnamese entrant clinches a spot in the Top 10 of the Beauty with a Purpose segment at the ongoing Miss World 2019 pageant. The achievement is in recognition of her charity project which helps to improve the lives of local people in Lung Liu and Lung La hamlets of Dan Chu commune in Hoa An district, Cao Bang province. Elsewhere among the Top 10 of this year’s Beauty with a Purpose segment are the representatives from Nigeria, Tunisia, Venezuela, France, India, Indonesia, Malaysia, Mongolia, and Nepal. The beauty has been lauded for her charity work, which includes her helping to carry materials in which to build roads for residents located in a mountainous area of Cao Bang province. During the introduction video of her charity project, Linh displays sincere gratitude to the … [Read more...] about Thuy Linh among Top 10 of Miss World’s Beauty with a Purpose segment

This is the second year that MM Mega Market Thang Long has received this title. The title was reviewed and awarded by Hanoi Department of Industry and Trade in co-ordination with the Energy Efficiency and Conservation Programme under Hanoi Municipal People’s Committee. The representative of MM Mega Market Vietnam received the Green Energy title at the ceremony on December 7 2017 was the first year Hanoi initiated the programme to evaluate and recognise green energy facilities. The title "Green Energy" honours facilities and businesses using green energy as well as popularising and replicating typical energy-saving solutions for similar facilities and models, promoting efficient use of energy in accordance with the goal of green, stable, and sustainable economic growth. In 2019, MM Mega Market Thang Long won the four-star level, among 11 construction works recognised for using green energy. The facilities that earn the title will be granted a certificate corresponding to … [Read more...] about MM Mega Market Thang Long receives Green Energy Hanoi 2019 title

Vietnamese conglomerate Vingroup has decided to honor all Vietnamese athletes who won medals at the 30th Southeast Asian (SEA) Games in the Philippines with extrinsic rewards as encouragement for their accomplishments at the regional multi-sport event. The multifaceted group announced on its website on Tuesday morning that the firm will give out cash prizes of VND20 million (US$860), VND10 million ($430), and VND5 million ($215) for each gold, silver, and bronze medal, respectively, claimed by any athlete in any sport at the SEA Games. The budget for these rewards totals up to more than VND5 billion ($215,000), the company said. Besides, Vingroup said it will have additional rewards for the Vietnamese U22 men's football team, who won the long-awaited gold medal after smashing Indonesia 3-0 in the finale of the category on Tuesday night. The conglomerate will also present an e-scooter worth VND39.9 million ($1,700) and VND20 million ($863.14) in cash to each member of the … [Read more...] about Vietnam’s Vingroup motivates SEA Games medalists with lucrative rewards