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/ February 26, 2021

HCM City keeps shutdown of certain services in place

The municipal People’s Committee has ordered continued closure of dance halls, bars, karaoke parlours, pubs, beer clubs, and facilities for indoor sports activities like gym, fitness, billiards, and yoga centres. Others not included in this list can be reopened but have to carry out all anti-coronavirus measures regulated by health authorities. Besides, the set of safety assessment criteria in COVID-19 prevention and control must be seriously implemented in the fields of tourism, transport, and restaurant services, as well as at wholesale and retail markets, supermarkets, trade centres, relic sites, and libraries. A distance of at least one metre from each other must be kept in those activities, and food service supplying establishments are not permitted to serve more than 30 people at the same time, according to the administration. Meanwhile, religious activities and rituals at local places of worship can take place with no more than 50 participants at the same time. They also have to comply with other disease prevention measures regulated by the health sector, the People’s Committee said. Earlier, the committee also permitted schools across the city to be reopened from March 1. On February 23, the lockdown on an apartment block in Ward 13 of Tan Binh district was lifted. This was the last of the 35 sealed-off sites that had their COVID-19 lockdown removed in HCM City. Source: VNA …

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/ February 26, 2021

Local firms keen on purchase of COVID-19 vaccines

Coteccons Construction Joint Stock Company and the Bank for Investment and Development of Vietnam have already registered to purchase tens of thousands of doses which would be distributed among their employees and family members, according to a reports thanhnien.vn. Dat Xanh Group, a real estate developer, has also announced plans to fund inoculations for over 7,300 employees working at 68 of its affiliates nationwide. Furthermore, Phu Nhuan Jewelry, one of the country’s leading gold and gem stone firms, has agreed to purchase COVID-19 vaccines for staff members. It has also raised a total of VND270 million in support of the free vaccination campaign for groups of underprivileged people in society, including the poor. Meanwhile, the Canada International School Vietnam has also decided to allocate a fund of VND3 billion for its immunisation campaign in an effort to vaccinate its teachers and staff, as well as the parents of students, providing the conditions allow. Despite this initial interest, the Vietnam Vaccine Joint Stock Company (VNVC), the only agency assigned by the Ministry of Health to receive, preserve, and distribute COVID-19 vaccines domestically, has said due to limited supplies, imported vaccines will be available for priority groups first. Specifically, frontline healthcare workers would be at the head of the queue. Vaccination inoculations will be regulated by the Government, according to a VNVC representative. Vietnam imported its first batch of more than 117,000 doses of the AstraZeneca vaccine on February 24. The Ministry of Health (MoH) subsequently published a list of 11 groups of people that will benefit from the vaccination campaign, with priority to be given to frontline healthcare workers, soldiers, border forces, policemen, and those on duty in isolation areas and quarantine facilities. The MoH is currently considering licensing two additional COVID-19 vaccines produced by Moderna of the United States and Generium of …

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/ February 26, 2021

Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder

Skype co-founder Jaan Tallinn is the latest big tech name to invest in Vietnamese startup Loship Tallinn’s investment in Loship puts him on a list of global tech leaders betting on Vietnamese tech startups, which has shown resilience and growth even amidst COVID-19. Thus, Loship is poised to become a prominent tech figure for any seasoned investor looking at Vietnam, according to Loship CEO Trung Hoang Nguyen. "MetaPlanet’s investment will help us build a much stronger image of Loship as a National Startup Hero. The competition will be much steeper in the long term, and we hope to pick up deep tech insights from Jaan Tallinn that can be applied to the Vietnam market,” he further opined. The latest fundraising, which is part of the startup’s Series C round, comes just four months after its undisclosed bridge round led by Vulpes Investment Management. The new funding would fuel Loship's path to becoming Vietnam’s leading one-hour-delivery e-commerce platform. “We already have a winning playbook, and we look to expand it to more markets. Secondly, we know what we want to do with our product, and there are just 1 per cent of things that have been done. So, a huge portion of the funding will be poured into upgrading our app and increasing our tech capability. Also, we will ramp up marketing strategies to strengthen our foothold in the existing markets,” stated the CEO. Founded in 2017, Loship traces its roots back to Lozi , a review app allowing users to find food, beverage, and coffee shops, before transitioning into a one-hour-delivery services platform. Loship had earlier closed its Series A and B rounds from several investors, including South Korea’s Smilegate Investment, Hana Financial Group, DTNI, Golden Gate Ventures, before announcing its Vulpes Investment Management-led bridge round in October 2020. The round was joined by DAAL Ventures and Wealth Well (Saudi Arabia-based VC Firms), Eucagi Ventures (Nigerian VC Firm), KI Group, and the vice …

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